New site on the UK National Debt

There’s a new kid on the block: The UK Economy’s Debt bombshell

An interesting analysis, a good compilation of sources and data and an appeal to take personal responsibility.

How the national debt bomb affects us as individuals varies. But it certainly affects us all as no politician will be able to change the current trends set in motion by institutions in which people are “just doing their job”.

These jobs are set to perpetuate the creation of money as credit – the name of the Nation or other public bodies, so that private rentiers benefit from such interest payments.

May we as voters, taxpayers and bank customers wake up to our rights by understanding what is going on and challenging those who are taking part – even if willy nilly.

And here is a new graph that I produced from data published by the Treasury as the Public Finances Databank – thanks to . Please note the forecasts and the steepness with which the debt grows since 2008! Who has made sure to benefit from the ‘crisis’? Who has bought long term Treasury Bonds and is earmarked to do so until 2014? Clicking on the image gives you a larger version.

Public Debt 1974 - 2014

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3 responses to “New site on the UK National Debt

  1. Justine Anderson

    Hello,

    This is Justine. I am a webmaster and also a finance site owner. My job is to promote finance websites. I have visited your blog , it’s really nice. I think you allow guest post. So I want to post an unique article in your blog. It will be a guest post. If you want anything in return of that I will be happy to give you.

    If you want to contact me please mail me at justine.anderson08@gmail.com.

    ***If you want to do article exchange or link exchange then please let me know.

    Thanks,

    Justine

  2. Pingback: Osborne would have us believe that the deficit is the problem, when it should be the National Debt giving everyone sleepless nights | Iain McKie

  3. Pingback: Osborne's budget - deficit or debt? | UKIP Daily

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