How Will the U.K. Pay Off Its Vast Debt?

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Information How Will the U.K. Pay Off Its Vast Debt?

Title	:	How Will the U.K. Pay Off Its Vast Debt?
Lasting	:	1.35
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Views	:	11 rb

The poor will pay it off , the rich and wealthy only pay themselves
Comment from : Robert

ye gods heard the interest last month in 2023 alone was 8 something billion and all tax incomes vat, paye etc are all in the negative a financer say the court if fluffed, like most recent governments are increasing debt exponentially surprisingly a conservative which jprides itself on the wise gate keepers of the countrys purse yeah right
Comment from : Peter Hagan

U mean how can the public pay
Comment from : Zoot suit

Quite frankly with reserve currencycolonialism never ended
Comment from : subra subra

Why not just call in the debt that France owes treasury for loans in WWI? It’s over £10Tn owing and Britain made its other sovereign debtors pay, so why not France?
Comment from : Sean Lander

Lol
Comment from : carkawala khatulistiwa

Paying back debt requires wealth generation After WW2, UK’s economy grew from $73B in 1960 to a peak of $31T in 2007 UK’s economy hasn’t grown since 2007
Comment from : NityaStriker

HA, HA, HA,ah,I just wish the Fat Minister could see this,
Comment from : Alexandar von Carstein Zarovich

If you have a debt and want to be debt free just look for a debt free solutions there is govt backed solutions which is passed on1986 known as Individual Voluntary Arrangements in this programme your 50 to 60 percents of your debt can be write off or waived off by the govt side and you pay the rest back in affordable monthly payments but your credits score get effected for a period of 5 yrs if you want this programme pls reply to me
Comment from : Asif Iqbal

Short answer; they won't
Comment from : Simon

Colony!
Comment from : whats in a name?

The debt should be wiped it is a world life saving effort to save lives they are taking the piss out of everyone, the money did not exist so the debt doesn’t exist wake up people stand up and tell them the debt should be Wiped! Or are you gonna just wear their bullst br Stop and think bout it! brPeace ✌️
Comment from : JJmoony

COVID is a smokescreen covering up the imminent world economic fallout More to the point, who are those lenders back in the 16th /17th century who later formed a PRIVATELY OWNED BANK OF ENGLAND
Comment from : Carl Hammond

Austerity
Comment from : shiba inu

bThey get much higher foreign debt than countries like Italy, but anglo propaganda as the Financial Times per years has continued to depict Italy as a bankrupted country like Greece, lol/b
Comment from : Malleus Maleficarum

Both UK and US have no means and no plan to pay off the debt
Comment from : S W

Trust fund There is a light and way out
Comment from : Angela Bakloyvov Tchaikovsky

By punishing the tax payer Increase tax increase spend increase borrowing Our stupid government
Comment from : GG

Looking forward to China pegging it’s currency to GoldbrBye bye western paper economies
Comment from : chris77777777ify

It cantbrFreemason Ponzi scheme ever since 1931 & the removal of silver from its coins
Comment from : chris77777777ify

Cannabis sales tax
Comment from : Spectra 7 Gaming

Selling citizenships
Comment from : Charlie Rules

Tough decisions? Like cutting social spending ?
Comment from : Kimah Bayne

Who cares about that lolhow will the US pay their impossible debt? Answer: impossible!
Comment from : Juice Jacobs

I don't understand how Japan has been able to get away with their rising debt I have heard the argument that the debt is owned by the Japanese people, but still don't understand how this makes things better
Comment from : Shino88

On the pole obviously
Comment from : Micheal Bay

Nonsense Do Bloomberg writers have any finance or economic training? UK pandemic debt is in £ Stirling literally their fiat currency that the UK creates itself How can Bloomberg conflate that with owing debt denominated in other currencies to IMF or the US Please hire someone who knows basic finance
Comment from : Ruins Guy

The thing with the war debt is that the market was pretty confident that a World War Three wouldn't happen or that, if it were to happen, we would all die anyway and thus the debt would be irrelevant Is the market confident that another pandemic won't happen, before we've paid for this one? What about the fact that we already had an out-of-control national debt before this pandemic? Debt-to-GDP is an irrelevant measure, by the way, used to make the debt look less bad than it really is GDP does not denote assets that the government can sell to pay off the debt
Comment from : YorickReturns

No one is paying off shit You go bust and in hyper inflation if you’re a country that doesn’t matter
Comment from : Stanley Hudson

'Tough decisions' is code for austerity The same self defeating idiotic idea that the Tories have spent the last few years claiming is over National debts are never paid off entirely in trade deficit nations - or how would trade surplus nations get a surplus? That bad accountancybr In fact calling Govt bond issuance borrowing is confused, if the central bank can effectively buy it's own bonds, and can pay any interest on the bonds by the monopoly power to create the currency, why even bother with the farce of the bond and simply issue the money directly? These bonds being owned largely by domestic corporations and financials means the bond is effectively corporate welfare and a govt created hedge on other assetsbr One could argue it creates the bond yield curve by which economies and currencies are valued but if that is so obviously manipulated this all becomes more farcical But preserving the farce serves a purpose as far as market convention would balk at divergence in the FX market But be clear this is all arbitrary and ignores the bigger problem, private debt which will go into overdrive over the next 5-6 years culminating in another real estate crash probably around 2026/7 in accordance with the typical 18 year cycle
Comment from : schumanhuman

What does the UK actually make or do? Guinness beer isnt even popular much, taste like burnt wheat beer They have tourism and trinkets for sad people who actually follow the royal donotmuch family ✌️🙄
Comment from : DERTYthegrower֎