View Single Post
Old 23-09-2014, 06:27 PM   #116
lightgiver
Senior Member
 
Join Date: Apr 2008
Location: Inactive
Posts: 36,483
Likes: 237 (190 Posts)
Lightbulb Outer Space


Quote:
The Sino-British Joint Declaration was signed by the Prime Ministers of the People's Republic of China and the United Kingdom governments on 19 December 1984 in Beijing.. The Declaration entered into force with the exchange of instruments of ratification on 27 May 1985 and was registered by the People's Republic of China and United Kingdom governments at the United Nations on 12 June 1985...



Britain hands over millions of pounds in aid to China despite the Communist state boasting the second biggest economy in the world, beaten only by the US..Official figures show Britain gave Beijing £27.4million last year..

Public finances out of control..

At the very time tax revenues are declining and a debt crisis is ravaging the global economy, our politicians have chosen to go on an unprecedented spending splurge. To fund it, the Government borrowed a monumental £170.8 billion last year. If all goes well, we're set to borrow another £167.9 billion this year..This kind of deficit is far greater than during the recessions of the 80s and early 90s and even higher than when Britain went cap in hand to the IMF in 1976.. This isn't money saved for a rainy day.. Because we continued to rack up debt in the good years, this latest spending spree is fueled by one big borrowing binge...

Oh My...


http://www.debtbombshell.com/britain...et-deficit.htm
http://en.wikipedia.org/wiki/Transfe...over_Hong_Kong
http://www.telegraph.co.uk/news/worl...last-year.html
http://www.davidicke.com/forum/showp...0&postcount=10

Last edited by lightgiver; 23-09-2014 at 06:44 PM. Reason: The UK national debt clock
lightgiver is offline   Reply With Quote