Hooray For Donald Trump!

TURNS OUT the whole Chagos business was an evil plot cooked up between Starmer and his foreigner Human Rights lawyer chums, to give away the islands to the majority-Indian population Mauritius, plus regular payments to said Indians. In effect creating a remote outpost of British welfare dependency.

 
SPLINE said:
TURNS OUT the whole Chagos business was an evil plot cooked up between Starmer and his foreigner Human Rights lawyer chums, to give away the islands to the majority-Indian population Mauritius, plus regular payments to said Indians. In effect creating a remote outpost of British welfare dependency.
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Three more brainless chumps talking nonsense. The US were on board every step of the way. And might well have been behind it in the first place.

I'm more interested in the figures. The money would be paid over 99 years. The government have given three different figures. The first two are obvious. £35 billion is the cost with no adjustment for inflation, so a bit pointless. £10bn is the cost in real terms, which seems the obvious one to work from.

But the £3.4bn figure is really interesting. There are two parts to it why it is much lower. One is that they expect GDP to grow in real terms over the next century. So, the amount of the payment will drop to next to nothing relative to national income. And the other part is the psychological aspect. Basically, most people don't care about payments in a hundred years time because we will all be dead. So, they discount the payment based on how much people really care about it.

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