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Comments by "" (@HShango) on "Is the UK government bankrupt?" video.
@EthanZoid Gary says it better tho. It's more digestible
22
Yep
12
The UK government should start taxing capital gains from people who make money from selling assets and the stock market. But....I know labour are far too scared to that 😮💨🤬😤
6
Both need to be severely reduced. The loans of that money needs to be reduced we can't afford to help them anymore
2
Why is the labour government scared of taxing the richest people in the uk that have the enormous broadest shoulders. The labour government cant continue taxing the middle class and working class when They're losing their money and some assets they have worked hard for 😤🤬😡. I swear man life is a friggin hard knock life. The rich get away with it while the average man and women who arent rich get screwed 😮💨
2
I think they should consider this option, because another austerity will cause madness in the UK, which most people do not want. Most people just want peace of mind.
2
* Their own citizens: This is done by selling government bonds, which are like IOUs promising to repay the borrowed amount with interest. * Other countries or international organizations: They might borrow from countries with budget surpluses, or institutions like the International Monetary Fund or World Bank. * Their central bank: This is less common and can be riskier, as it could potentially lead to inflation.
1
Exactly, the GBP has been weak recently or for a while now, so yeah I'd not recommend investing in GBP right now
1
Agreed. Something every British chancellor has failed at explaining to ordinary people without sounding like a 🤡
1
The current BoE lot are absolutely useless, especially that Bailey lad.
1
So is the uk government doing this: * Their own citizens: This is done by selling government bonds, which are like IOUs promising to repay the borrowed amount with interest. * Other countries or international organizations: They might borrow from countries with budget surpluses, or institutions like the International Monetary Fund or World Bank. * Their central bank: This is less common and can be riskier, as it could potentially lead to inflation. Which is causing a lot of our national debt per gdp.
1