Immigrants built Britain

[SPLINE]

If these immigrants are such great builders why are their home countries so poor and underdeveloped?

 

[Vinty]

National debt 3 trillions and rising.

It's only money.
Anyway , who does the country owe this money to.
I believe a lot of it belongs to British investors who rely on the interest paid to fund the pensions of British workers.

 

[SPLINE]

It's only money.
Anyway , who does the country owe this money to.

That's a truly left-wing view.

 

[Vinty]

That's a truly left-wing view.

I don't think so.
The UK national debt is primarily owed to UK institutions and citizens.
The government sells bonds to these institutions and guarantees regular interest payments on them.
A lot of these payments are used to pay private pensions, so I guess the interest generated on these debts is recycled into the economy.
If the National debt disappears wouldn't that affect people's pensions.

 

[SPLINE]

I don't think so.
The UK national debt is primarily owed to UK institutions and citizens.
The government sells bonds to these institutions and guarantees regular interest payments on them.
A lot of these payments are used to pay private pensions, so I guess the interest generated on these debts is recycled into the economy.
If the National debt disappears wouldn't that affect people's pensions.

And all this is paid for by inflated money, which makes prices go up, and so we all pay. You make it sound like it is something to be shrugged off, but it is a huge fraud on the British taxpayer / investor / saver to maintain a growing parasite class.

The country's finances never used to be like this. Using money that you haven't got is the very definition of left-wing, where living within your means is right-wing.

 

[pete01]

If these immigrants are such great builders why are their home countries so poor and underdeveloped?

No B&Q

 

[Vinty]

Using money that you haven't got is the very definition of left-wing,

How do you think the banking system works.
If everyone who has money in a bank , phoned their bank and said they want to withdraw all their cash, What would happen.

 

[warey4life]

My daughters brand new school lasted 2 years. Its now due to be knocked down due to greed, cheap materials. An unskilled workforce. And building control not doing the job that pays them so well.

2019 the school opened closed 2022

Which school is that then?

 

[Notch7]

My daughters brand new school lasted 2 years. Its now due to be knocked down due to greed, cheap materials. An unskilled workforce. And building control not doing the job that pays them so well.

2019 the school opened closed 2022

Frederick Gibbard college?

Subcontractor that did structural work went bust

 

[Notch7]

If these immigrants are such great builders why are their home countries so poor and underdeveloped?

Not the same immigrants Dodo