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Forums - General - Godon Brown adressing Congress

:-p like most things, doing something is better than doing nothing, more importantly we should get rid of these bs faith schools we still have in this country



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Kasz216 said:
SamuelRSmith said:
^That could cause issues of resentment, though, much like RE does.

They should just sneak areas in to other subjects like English, geography and history.

Yeah.  Religion and Politics can be bad buisness when it comes to schooling.  Just because you could get claims of bias.. and honestly there likely would be bias in the politics teachers.

 

 I think teaches are professional enough to handle it, I mean, my history teacher often compared the UK system to that of the Weimar Republic's back when we were studying the rise of Hitler - party politics didn't even come into the picture.

The main issue is that kids don't take well to being told what they have to study, and neither do the fucktard soap-box-jumping, nothing-better-to-do parents. It's like maths, the amount that we used to kick off that we had to study it, the second we hit college, and it's optional, we all choose to take it, anyway.



JustinUK said:

 

I personally do not blame Labour for the economic troubles. It's something that's affecting the whole world regardless of which political party is in charge. At a time like this though an election would be an easy way for the population to kick a government it wants to blame.

 

I believe that's what happened in Germany ikn the 1930's when they elected a young man named Hitler... This isn't going to end well is it?



Kasz216 said:
SciFiBoy said:
Kasz216 said:
SamuelRSmith said:
I can't understand people's mentalities when they blame GB for the recession. I don't think he was in control of France's economy, or the US's, or China's, or anyone else's apart from ours, for that matter.

I personally prefer Gordon Brown to Tony Blair, but that's for another day (or not, depends on how this thread goes )

Yeah.  Though the UK is in a worse position then the UK and China.

The UK has a very real shot at going bankrupt like Iceland has.

Which you may actually perfer considering your polcies since it would almost definitly force England closer into the EU fold.

I'd think the EU would step in and do a currency transfer fairly fast so as to not adversley effect the poor too much.

any proof that were about to go bankrupt? seriously ive seen none? when you have Evidence of this, then post

Your country has by far the highest budget deficit in the world when it comes to a major country...

And being a major country and being a finanical hub of lending... you actually have debts that may need to be paid should people start pulling out pretty fast.

Also your banks are a fairly large part of your economy and they have a lot of foreign currency liabilties.

To put it another way.... Iceland collapsed with a debt that was 600 percent of it's GDP from it's banks.

The UK's is currently 450 Percent if your banking system fails.

 

 

oh c'mon dude, everyone knows the USA has the largest deficit by a country mile. Just wiki it and you will see the it goes as follows: 1)USA 2)UK 3)Spain. when it comes to debt.

 

You also seem to be forgetting the fact many countries still owe us money. Admittedly banking is the mainstay or our economy but we in a completely different league to Iceland. Not one country in the top 5 GDP earners (USA,Japan, China, Germany and UK) will allow its banking system to fail

 

P.S hope i'm not made to regret that last statement. lol

 



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bobbo19 said:
Kasz216 said:
SciFiBoy said:
Kasz216 said:
SamuelRSmith said:
I can't understand people's mentalities when they blame GB for the recession. I don't think he was in control of France's economy, or the US's, or China's, or anyone else's apart from ours, for that matter.

I personally prefer Gordon Brown to Tony Blair, but that's for another day (or not, depends on how this thread goes )

Yeah.  Though the UK is in a worse position then the UK and China.

The UK has a very real shot at going bankrupt like Iceland has.

Which you may actually perfer considering your polcies since it would almost definitly force England closer into the EU fold.

I'd think the EU would step in and do a currency transfer fairly fast so as to not adversley effect the poor too much.

any proof that were about to go bankrupt? seriously ive seen none? when you have Evidence of this, then post

Your country has by far the highest budget deficit in the world when it comes to a major country...

And being a major country and being a finanical hub of lending... you actually have debts that may need to be paid should people start pulling out pretty fast.

Also your banks are a fairly large part of your economy and they have a lot of foreign currency liabilties.

To put it another way.... Iceland collapsed with a debt that was 600 percent of it's GDP from it's banks.

The UK's is currently 450 Percent if your banking system fails.

 

 

oh c'mon dude, everyone knows the USA has the largest deficit by a country mile. Just wiki it and you will see the it goes as follows: 1)USA 2)UK 3)Spain. when it comes to debt.

 

You also seem to be forgetting the fact many countries still owe us money. Admittedly banking is the mainstay or our economy but we in a completely different league to Iceland. Not one country in the top 5 GDP earners (USA,Japan, China, Germany and UK) will allow its banking system to fail

 

P.S hope i'm not made to regret that last statement. lol

 

 

That is all well and good in raw numbers, but the US has a higher population and higher GDP.  The UK's situation is much worse than that of US.

From Wiki as you suggested.

 

Rank   Country - Entity   External Debt
(million US$)  
Date of information   External Debt
Per Capita (US$)  
Date of population*   External debt (% of GDP)  
 World $51,780,000 2004 $8,141 2004 est. 78.92%
1  United States[1] $13,703,567 6/30/2008 $42,343 31-March-08 99.95%
2  United Kingdom $10,450,000 6/30/2007 $189,855 Q4 2007 376.82%
1
2


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highwaystar101 said:
JustinUK said:

 

I personally do not blame Labour for the economic troubles. It's something that's affecting the whole world regardless of which political party is in charge. At a time like this though an election would be an easy way for the population to kick a government it wants to blame.

 

I believe that's what happened in Germany ikn the 1930's when they elected a young man named Hitler... This isn't going to end well is it?

 

Germany was a completely different kettle of fish, the economic situation was far worse, and the people were new to, and not entirely convibnced by, the premise of democracy. The UK was also in a much worse situation back then, and the extremist parties faired much better than they do now - and yet they still didn't win a single seat.

The thing that I find amazing about the UK is that it's one of the two democracies around the world that still doesn't have a codified constitution (well, technically three, but NZ has been bound by the Constitution Act of 1986 and the Bill of Rights 1990), and yet we still pride ourselves as being one of the freeest countries in the world. It's a testiment to our people that democracy has been able to develop organically over hundreds of years without there being any strict rules as what Governments can and can't do.

One of the reasons I'm proud to be British.



bobbo19 said:
Kasz216 said:
SciFiBoy said:
Kasz216 said:
SamuelRSmith said:
I can't understand people's mentalities when they blame GB for the recession. I don't think he was in control of France's economy, or the US's, or China's, or anyone else's apart from ours, for that matter.

I personally prefer Gordon Brown to Tony Blair, but that's for another day (or not, depends on how this thread goes )

Yeah.  Though the UK is in a worse position then the UK and China.

The UK has a very real shot at going bankrupt like Iceland has.

Which you may actually perfer considering your polcies since it would almost definitly force England closer into the EU fold.

I'd think the EU would step in and do a currency transfer fairly fast so as to not adversley effect the poor too much.

any proof that were about to go bankrupt? seriously ive seen none? when you have Evidence of this, then post

Your country has by far the highest budget deficit in the world when it comes to a major country...

And being a major country and being a finanical hub of lending... you actually have debts that may need to be paid should people start pulling out pretty fast.

Also your banks are a fairly large part of your economy and they have a lot of foreign currency liabilties.

To put it another way.... Iceland collapsed with a debt that was 600 percent of it's GDP from it's banks.

The UK's is currently 450 Percent if your banking system fails.

 

 

oh c'mon dude, everyone knows the USA has the largest deficit by a country mile. Just wiki it and you will see the it goes as follows: 1)USA 2)UK 3)Spain. when it comes to debt.

 

You also seem to be forgetting the fact many countries still owe us money. Admittedly banking is the mainstay or our economy but we in a completely different league to Iceland. Not one country in the top 5 GDP earners (USA,Japan, China, Germany and UK) will allow its banking system to fail

 

P.S hope i'm not made to regret that last statement. lol

 

Deficit vs GDP.

It's a big thing.

It's debt vs what you make in otherwords.

 

Whose worse off the guy who owes someone 100 dollars and makes 200 a year?  Or the guy who owes 70 dollars and makes 50 per year?

 



^Hundred dollars is more thumb-breakingly-worthy than seventy dollars.



SamuelRSmith said:
^Hundred dollars is more thumb-breakingly-worthy than seventy dollars.

If you go buy illegal lending sure.

But when it comes to legal lending... the guy who owes 100 can make installments on his debt.  The guy who owes more then he makes however... they're in a world of hurt.

 



U.K has always been a country in debt, its the way we go about our busssiness. It is worringly high at the moment however so i understand your point, but our system simply will not fail. Thats all im trying to point out.



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