Britain is in Debt yet still has to pay Italy

Yeah here we are again having to bail out other countries and now it is the turn of Italy to get cash off the UK because they have screwed up their Economy. Nobody bails us out. Nobody bothered when we had the flooding.

David Cameron has admitted to the News Papers that the cutting of Debts is not working. He has admitted as well that Britain is being sued over their refusal to help out Asylum Seekers that claim Benefits here.

The latest news is that IMF Credit Line will Funnel UK Cash to Italy.

Mrs Merkel has rejected David Camerons demands for the European Central Bank to act as Lender of the last Resort.

Italy is in debt by 6.92 percent. Their interest rates have risen near the 7 percent mark. That is not our problem we have our own selves to think about.

Our Government is going to have to pay 4.5 percent of billions of pounds pay out to Italy. Why the hell should we bail them out. What have they ever done for us??

Cash strapped Britain's who have pulled in their belts are going to be mortified at Merkel again.

Category:

News & Politics

Tags:

• mrsarkozy
• sarkozy
• merkel
• fiscal
• Angela
• Merkel
• United Kingdom
• Kingdom Of Great Britain
• Italy
• America
• Germany
• Europe
• United States

[roglowe]

Can I have a biscuit?

[SotonTabMatt]

Italy is in debt by what!!!? The channel tunnel has nothing to do with the uk's relationship with the EU. the child tax credit was taken away from the "super-rich"

[nansir]

Please watch Zeitgeist Moving Forward 2011. Politicians have no answers. The future is a Resource Based Economy which will provide for all. It is time to think outside the box.

[Tallyho83]

There was a YT video on Newsnight when Peter Oborne (UKIP) i think I called the European MP comissioner an idiot? Germans hate Merkel because all their money they earn and pay in taxes is going to bail out other EU countries like Greece that don't work, don't pay taxes, riot all day or retire at 45. Most Germans want the Deutsche marc back anyway!! Die Euro ist kapputt ja!

[Tallyho83]

Hi Steve - I agree with your video on Europe, the whole reason we did not join the Euro currency is to not only keep the pound but its so that we do not get into any trouble of having to bailout other EU countries and now we have to bailout other EU countries...I mean Merkel is a communist. Basically the whole of Greece is run by Germany and and she is now running Italy. Both countries are Politically and economically corrupted! Whilst Merkel has power I do not like the way they dictate Europe.

[TheVidkid67]

Gordon Brown predicted this would happen. He would've said no.

[Hi675445]

i no nothing about politics it hard to undeerstand for me lolool all this chash

[Hi675445]

euro star and the channel makes us part of Europe but the UK is it own country we don't ever have the same money they have monopoly money lolol nows as euro e have pound sterling and i different electrical syistom to the rest of Europe ever no we are part of Europe we are nothing like them