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Terence Field
Professor Tim Wilson
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Comments by "Terence Field" (@terencefield3204) on "the origins of the fiscal black hole" video.
IT is a lie since it is based on assumptions that underlie projections. A three trillion plus GDP with estimations of out-turns generates variations in final state of far more than 20 billions if the assumptions are lightly tweaked. The REAL story is this If the state support system continues as it has, all else remaining the same, the debt to GDP ration in some decades will explode from 95/100(@95%) to 270/100 ie you British will then move to North Korea for a higher living standard. THAT will need VAST cuts and VAST tax rises and an END to the entire social system there! YOU LOT are LIVING VASTLY ABOVE YOUR MEANS OF CONTINUATION!!!!
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