Anna B Posted October 13, 2018 Share Posted October 13, 2018 No response to the tripple A rating then? Link to comment Share on other sites More sharing options...
Cyclone Posted October 13, 2018 Share Posted October 13, 2018 We all know it was downgraded to AA, what response did you want? Link to comment Share on other sites More sharing options...
ez8004 Posted October 13, 2018 Share Posted October 13, 2018 No response to the tripple A rating then? Two notches down from AAA. It was only a notch down after the crash of 2008. But you lot voted for Brexit and took it a notch lower. Thanks for that by the way. Great way of undermining the economic confidence of our country. Even with all this, it still doesn’t affect how our government borrows money. Your assertion that some of our debt can not be paid back and that it needs to be written off is completely laughable. You fundamentally do not understand how this works. What you describe is something Argentina is experiencing. Is the U.K. economy anything like Argentina? No it isn’t. You are just too stubborn to admit that you are wrong on the matter or deliberately spreading lies to make a point. Link to comment Share on other sites More sharing options...
El Cid Posted October 13, 2018 Share Posted October 13, 2018 Nope, US = 105%, UK = 85.3% as at Dec 2017, according to tradingeconomics.com Economics is very complex, you are quoting Gross Federal Debt to GDP, not public debt; Anna B is confused in the same way. ---------- Post added 14-10-2018 at 00:54 ---------- No response to the triple A rating then? Standard & Poor's credit rating for the United Kingdom stands at AA with a negative outlook. Moody's credit rating for the United Kingdom was last set at Aa2 with a stable outlook. Fitch's credit rating for the United Kingdom was last reported at AA with a negative outlook. DBRS's credit rating for the United Kingdom is AAA with a stable outlook. 1978-2015 has always been AAA rated, recent ratings seem to include more detail. Link to comment Share on other sites More sharing options...
Anna B Posted October 13, 2018 Share Posted October 13, 2018 If it's nothing to worry about, how come the Tories peddled it ad nauseum after the crash and won an election and brought in austerity on the strength of it. (And no it wasn't just the defecit they used, far from it.) Of course it's not possible the Tories could have been lying is it? Link to comment Share on other sites More sharing options...
El Cid Posted October 14, 2018 Share Posted October 14, 2018 If it's nothing to worry about, how come the Tories peddled it ad nauseum after the crash and won an election and brought in austerity on the strength of it. (And no it wasn't just the defecit they used, far from it.) Of course it's not possible the Tories could have been lying is it? At the next election it will be the same line, the Tories are good at handling our economy and Labour are poor, it's not far wrong. The Tories will make sure businesses prosper, then we can have employment and taxes coming in - but screw the workers. With Corbyn the stock market will decrease, who wants a poor performing pension? Link to comment Share on other sites More sharing options...
mafya Posted October 14, 2018 Share Posted October 14, 2018 What rubbish are you spouting here? I am an ordinary professional and the government, specifically this one is doing very well for me. Securing my livelihood for the rest of my working career is nothing to be sniffed at. What is this job you do that has a secure livelihood for the rest of your working career? Link to comment Share on other sites More sharing options...
Anna B Posted October 14, 2018 Share Posted October 14, 2018 At the next election it will be the same line, the Tories are good at handling our economy and Labour are poor, it's not far wrong. The Tories will make sure businesses prosper, then we can have employment and taxes coming in - but screw the workers. With Corbyn the stock market will decrease, who wants a poor performing pension? The only thing the Tories are good at handling is peddling lies. They are excellent at that, and having the media and elite on their side helps enormously in getting any lie / propaganda across that they want. They've relied on it for years. And it's worked. What they haven't reckoned on is the internet. People can get information from many sources, anywhere in the world, and see the opposite side of the argument. No wonder they want to shut it up by any means possible. You think it's only places like China and Korea that will have a monitored and limited internet? You really think the Tories are the tops at handling our economy? Their Privatisation policies have worked a treat haven't they? Corruption in business and banking abounds because of weak legislation. The 'trickle down' effect of a successful economy is no longer happening. Money is being sucked up into fewer and fewer hands at the expense of everyone else because of their ideology. Democracy will wither as power transfers to the all powerful super rich Corporations and a few individuals. As usual we will be told that under the Tories everything is grand and we've never had it so good, that our perceptions are wrong, and not backed up by their statistics. Any of this sound familiar? The only thing that will prosper under the Tories is the Tory elite, Link to comment Share on other sites More sharing options...
El Cid Posted October 14, 2018 Share Posted October 14, 2018 You really think the Tories are the tops at handling our economy? Their Privatisation policies have worked a treat haven't they? Business like the Tories, or did, and the general population trust them more than Labour. Corbyn/MacDonald are too left wing to be trusted, although Mays Government is the worst Tory Government, ever. Link to comment Share on other sites More sharing options...
Cyclone Posted October 14, 2018 Share Posted October 14, 2018 At the next election it will be the same line, the Tories are good at handling our economy and Labour are poor, it's not far wrong. Did you actually say that with a straight face? The Tories will make sure businesses prosper, then we can have employment and taxes coming in - but screw the workers. Well, that's accurate at least. With Corbyn the stock market will decrease, who wants a poor performing pension? How did the FTSE do for the duration of the last labour run of government? Link to comment Share on other sites More sharing options...
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