PPRuNe Forums - View Single Post - Tories to look at pensions.
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Old 28th Dec 2009, 13:06
  #73 (permalink)  
VinRouge
 
Join Date: Jul 2007
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Biggus,

That, of course assumes that someone wants to buy £610 billion of government debt over the next 5 years. Any idea of where that is coming from?

Its not coming from the Bank of england, thats sure. They BOUGHT more gilts this year than they sold, but that's unsustainable. We have a big problem on the horizon, one the politicians are not talking about for a reason.

Scuffer, you can let all the high rate tax payers go, but once you are left with a nation of benefits claiming immigrants and 4th generation dole-ites, who pays the bills?
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