The End of Britain?

[jinnantonnixx]

The End of Britain - MoneyWeek

 

 

Food for thought or sensationalist nonsense?

Discuss.

[fiza]

Funny how at the end of the article they offer a free report to guide you through the impending crisis along with 3 free issues of the magazine. You just have to sign up and remember to cancel within your 3 week trial.

 

Marketing

[gshaw]

There's another article that debunks it and shows up some of their graphs as being a bit ropey, ultimately it's a fear-driven sales tool for the magazine but at the same time the only people raking it in are the banks and those who run them.

[witch]

Seems odd that a magazine about money doesn't distinguish between debt and deficit, neither does it relate debt to per capita

[SpuffMonkey]

And neither are the graphs inflation adjusted - I think beer was 12p a pint in the 1970s at my student union - to put some scale on the change in value.

 

Also - these people were flyering me last year with their report on gold prices and why I should invest everything into gold as the price was going to soar way over $2000 per ounce - its lost about $300 since then down to around $1250 - glad I didn't follow their expert opinions.

 

However - there definitely is a debt problem and one that the currently reinflated housing bubble is not helping with