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25-11-2020, 03:06 PM
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Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by AnnieS ->
Jeremy Hunt was on the news the other night lamenting the reduced spending on foreign aid to poor countries
Well obviously China and India really needed the £151 million in aid we sent them in 2018.
Nobody really objects to aid going where it is needed but the objections arise with examples like the above.
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25-11-2020, 03:08 PM
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Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by Zaphod ->
Are you really?
Commiserations.

If you're genuinely interested in global financial matters you might like to read these:
https://www.weforum.org/agenda/2020/...-can-print-it/

https://johnredwoodsdiary.com/2020/1...oney-printing/
Did you miss the caveat? :
"Confidence remains a precious flower.. The Japan model works for Japan...the US and UK with large trade deficits and a history of more inflation are only temporarily able to follow the Japanese model"


We are not Japan
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25-11-2020, 03:09 PM
13

Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by Zaphod ->
Well obviously China and India really needed the £151 million in aid we sent them in 2018.
Nobody really objects to aid going where it is needed but the objections arise with examples like the above.
He was talking about Africa
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25-11-2020, 03:10 PM
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Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by Longdogs ->
And Cameron apparently. Another former prime minister sticking his oar in.
Jeremy Hunt was asked based on his experience as foreign Secretary
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25-11-2020, 03:12 PM
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Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by Zaphod ->
Well obviously China and India really needed the £151 million in aid we sent them in 2018.
Nobody really objects to aid going where it is needed but the objections arise with examples like the above.
Plus, you can't get blood out of a stone. We need a break.
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25-11-2020, 03:18 PM
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Re: Spending Review: Chancellor to set out government spending plans

Chancellor Rishi Sunak has set out what the UK government will spend on health, education, transport and other public services next year.

In a statement in Parliament, he also briefed MPs about the state of the UK economy and the latest forecasts for the UK's public finances, which have been battered by the Covid pandemic.
Here is a link to the main points:

https://www.bbc.co.uk/news/uk-politics-55072003
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25-11-2020, 03:18 PM
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Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by Longdogs ->
Plus, you can't get blood out of a stone. We need a break.
We do - on the one hand they scream about how indebted we are and on the other they want us to subsidize others!
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25-11-2020, 03:20 PM
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Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by Zaphod ->
We do - on the one hand they scream about how indebted we are and on the other they want us to subsidize others!
Exactly.
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25-11-2020, 03:22 PM
19

Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by Omah ->
Here is a link to the main points:

https://www.bbc.co.uk/news/uk-politics-55072003
Thank you.


At first glance it seems quite reasonable given the circumstances.
No doubt some will disagree ..................
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25-11-2020, 03:25 PM
20

Re: Spending Review: Chancellor to set out government spending plans

Originally Posted by AnnieS ->
He was talking about Africa
The same principal applies - or would you rather continue seeing funds intended to ease suffering instead being diverted to wars and dictatorships?
 
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