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Arbtalk 2015 General Election Poll


SteveA
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Arbtalk 2015 General Election Poll  

310 members have voted

  1. 1. Arbtalk 2015 General Election Poll

    • Labour
      21
    • Conservative
      105
    • Green Party
      45
    • Liberal Democrat
      5
    • UKIP
      76
    • SNP (Scottish National Party)
      25
    • Plaid Cymru (Wales)
      1
    • Not voting.
      32


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The National Debt.

 

Who do we owe it to?

 

 

Sent from my iPhone using Arbtalk

 

Heres the really intnteresing bit Mark, about 25% is owed to the Bank of England, partly through QE. The Bank is nationalised, so its owned by the government, so effectively its 'owned' by you and I. That means we owe ourseleves 25% of the national debt.

 

And, all the time that the Tories are banging on about how important it is we reduce 'The Deficit' they're increasing the National Debt at regular intervals through QE. Naughty I'd say.:thumbdown:

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Shame it's not a country.

We could have a war with them and write it off.

 

I was hoping it would be someone like Switzerland.

 

 

Sent from my iPhone using Arbtalk

 

75% will be owed to financial institutions and foreign governments - I expect the Swiss will have a slice of the cake :biggrin: I'd reckon a war would just increase the debt myself, whats a warplane cost 40 million or something? Could get very good expensive unless they were a bunch of real pussies :biggrin:

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75% will be owed to financial institutions and foreign governments - I expect the Swiss will have a slice of the cake :biggrin: I'd reckon a war would just increase the debt myself, whats a warplane cost 40 million or something? Could get very good expensive unless they were a bunch of real pussies :biggrin:

 

The financial institutions are still only using peoples money, pensions etc.

 

Where do you get the information about the bank of england owning part of the debt???

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The financial institutions are still only using peoples money, pensions etc.

 

Where do you get the information about the bank of england owning part of the debt???

 

From the Bank of England Skyhuck. I'll try to find it for you later, knackered now and turning in to be honest. If you Google it you may find it. The Bank have a report about QE that explains it. All the Best :biggrin:

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The financial institutions are still only using peoples money, pensions etc.

 

Where do you get the information about the bank of england owning part of the debt???

 

Ok, bankofengland.co.uk

 

Monetary policy

 

What is Quantative Easing

 

PDF file at the bottom of the page titled ' The United Kingdoms Quantative Easing Policy: design, operation and ipact'

 

That explains all

 

If I knew how to operate this blinking Ipad I'd post you a link to the PDF

 

I'll attempt that tomorrow:001_smile:

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