Donate SIGN UP
Home > News > Britain "missing" £500Bn

Britain "missing" £500Bn

Avatar Image
Kromovaracun | 21:14 Mon 16th Oct 2017 | News
15 Answers
http://www.independent.ie/world-news/europe/britain/new-figures-show-britain-500bn-poorer-than-thought-36230217.html

British govt accounts have overvalued the economy by about £500bn (about 25% of GDP).

In addition to showing that Britain has virtually no foreign currency assets left, the newly revealed figures show that outside investment has "collapsed" from £120bn in the first half of 2016 to a net outflow of £25bn this year.

How screwed are we?
prev Death Of A Journalist
  
next Police To Stop Investigating Burglaries
Gravatar

Answers

1 to 15 of 15rss feed

Best Answer

No best answer has yet been selected by Kromovaracun. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image davegosling
#YouYesYet?
21:21 Mon 16th Oct 2017
Avatar Image Old_Geezer
Really ? All the more reason not to cave in to EU Brexit mugging demands then.
21:26 Mon 16th Oct 2017
Avatar Image KARL
How surprised is anyone ?
21:26 Mon 16th Oct 2017
Avatar Image KARL
Full steam ahead on a sinking raft
21:27 Mon 16th Oct 2017
Avatar Image Zacs-Master
Yeah but that’s cos your a lefty innit!


(Sorry, I think I was channelling someone there)
21:30 Mon 16th Oct 2017
Avatar Image Khandro
Kromo; You seem to not understand that it's all a huge con. - it isn't real money, we live in an economic fantasy world - but even so, come Dec. 31st you will have to cough up £25. of it :0)
21:30 Mon 16th Oct 2017
Avatar Image douglas9401
We are lied to from birth to death. Don't worry about it, there's no point.
They, of whatever political stripe, they just don't care about us plebs scratching around and never getting out of the bit.
As long as nest feathering is allowed to go on relatively unchecked it's all fine for them, no worries.
21:36 Mon 16th Oct 2017
Avatar Image Gromit
A similar thing has just happened to Germany.

https://thegeneraltheorist.com/2017/09/08/germanys-missing-e500-billion/

Is there a super villian at loose ?
21:38 Mon 16th Oct 2017
Avatar Image douglas9401
No super villain, just many ordinary ones, well organised.
21:40 Mon 16th Oct 2017
Avatar Image Gromit
// Making matters worse, foreign ­direct investment (FDI) by companies is plummeting. It fell from a £120bn surplus in the first half 2016 to a £25bn deficit over the same period of this year. //

Did something happen between early 2016 and early 2017, that has put off foreign investors ?
21:45 Mon 16th Oct 2017
Avatar Image ToraToraTora
looks like project fear is coming to and end and we are now embarking on project na na nana na! PMSL!
07:48 Tue 17th Oct 2017
Avatar Image gulliver1
You can only blame the present Government. {Incompetence}.
09:48 Tue 17th Oct 2017
Avatar Image RATTER15
It was me!! I have it in my Post Office savings account. Dont tell anybody!
09:51 Tue 17th Oct 2017
Avatar Image ToraToraTora
kromo has it down the back of his sofa!
09:53 Tue 17th Oct 2017
Avatar Image youngmafbog
As EU contributions are based on GDP, does this mean we get a refund?
10:03 Tue 17th Oct 2017

1 to 15 of 15rss feed

Do you know the answer?

Britain "missing" £500Bn

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.