Re: Is the UK bankrupt?
It is my belief that we have been bankrupt or on the verge of it for many years now. We like to give it the 'Big I am' and pretend to 'Lead the World' but in reality we can't lead anything and we have no one capable of leading. The reason we are first to have the National cheque book out is to pretend that we can afford it plus it probably helps us trade with rubbish countries.Re: Is the UK bankrupt?
Re: Is the UK bankrupt?
Bankrupt, no. That is a particular legal status, but insolvent then definitely yes.Re: Is the UK bankrupt?
Re: Is the UK bankrupt?
Re: Is the UK bankrupt?
I don't think the country is bankrupt, but I do believe we are getting poorer and poorer as a nation. We have less in the way of resources and/or the means to create them. We now have two generations of people who have grown up believing themselves to be "entitled" without having to put in much effort. They expect to be taken care of so the incentive to look after themselves has never taken root. It's a sad state of affairs, but I don't see it getting any better. Our country's day as a leader is fast coming to an end - other nations are waiting for their turn. It is how things are naturally going for this country, but very painful. Best for our children to emigrate now to one of the "new" countries - Canada, Australia, America, New Zealand. There, they and their children, may have the chance that their energies could be well utilised if they are willing to work and use their brains. Opportunity in this country is fast disappearing down the plughole.Re: Is the UK bankrupt?
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