George Osborne said something today that I think adds to the 'out' argument. He said that western economies were heading for trouble, but Britain is well placed to ride it out. That being the case, best not tie ourselves in too tightly with a massive, unwieldy, struggling, failing, monstrosity of economic cancer.
How else do I make a decision All our decisions are affected by what we see and what we hear and by all kinds of people in all sorts of positions and countries ,its much like being on the jury we listen to all the evidence given from the defence and prosecution and then decide, My informed decision is based on as I said ,many ,many reasons and that was just one of them.I listen to many people ,and have really studied/read many books and spent the last few months really dissecting all the information ,and have decided that what is best for my grandchildren(not for me) and I also remember the first vote back in the 1970's,I feel confident that I have made the right informed decision and my vote will be to remain a member of the EU I will get off my soap box now as I can hear Mrs Woo calling
I think Gordon Brown said something almost identical to that just before/during the Global Financial Crash! http://news.bbc.co.uk/1/hi/uk_politics/8332713.stm and http://www.theguardian.com/politics/2008/sep/01/economy.alistairdarling Well maybe not identical taking account of that last bit.
Here goes, I think I may be about to start a riot, sorry I'd rather get rid of Scotland and their MP's from Westminster. Once again they have voted to STOP English shops/garden centers etc from opening longer hours on Sundays when they have already agreed to it in their own " State ". Bloody Hypocrites............
UK National debt is currently £1.6 Trillion which costs about £32 Billion a year in interest to service. When interest rates rise back to the normal average rate of 5% in the medium future the cost will be at least £80 Billion a year ! If and when this happens we`re toast, and being in or out of Europe aint gonna help us.
And PS..... I'm with Woo, I'll be voting to stay in, and this is my first vote as I wasn't old enough first time round.
In my lifetime I cant ever remember us not being in debt, its just figures on paper. Best to not take too much notice of the debt it will never get paid, that's not to say we shouldn't try to slow it down a bit.
It's not even figures on paper. It's nothing more tangible that faint electromagnetic energy inside computer hardware. Pretty much the whole world is losing money according to the news. As far as I'm aware, there has been no alien bank robbers yet so that means the money is actually all still here, or it was never here and it's nothing more than an idea encoded as software.
Ah, but it does, along with climate change/ the hole in the ozone layer/ the energy crisis/ pollution/ global warming/ elnino, and sugar, give them good reasons to put up taxes. As to Jamie bloody Oliver and his stupid campaign?? Just put up the price of a Bacardi and Coke. Never did like that slimy git.
That all sounds very comforting and all that guys but in reality where exactly will the chancellor find the annual £80 BILLION neede to service a debt of £1.6 Trillion pounds ? He/she will have to pay it somehow or we default and then thats it THE END.
I support the sugar tax. I think it's funny yet clever. Tax sugary drinks, then use the money raised to make the kids fit by investing more in sport for primary schools.
Is that you I sometimes see down town? The bloke that for the last few years now has been carrying a placard warning that the end is nigh?
