Britain's Trillion Pound Horror Story |
Guido is watching a preview of film maker Martin Durkin's very accessible look at the economic situation we are in. As Ireland's political class mortgages future generations to keep the ECB and bondholders happy it explains the full extent of the financial mess the UK is in.
Durkin's film is polemical, but he is right, inflation and debt are going to impoverish us for generations.
Worth watching tonight on Channel 4 at 9pm.
Though it may give you nightmares...
Britain's Trillion Pound Horror Story
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Britain's Trillion Pound Horror Story
Film maker Martin Durkin explains the full extent of the financial mess we are in: an estimated £4.8 trillion of national debt and counting. It's so big that even if every home in the UK was sold it wouldn't raise enough cash to pay it off.
Durkin argues that to put Britain back on track we need to radically rethink the role of the state, stop politicians spending money in our name and introduce, among other measures, flat taxes to make Britain's economy boom again.
This polemical film presented by Martin Durkin, brings economic theory to life and makes it hit home. It includes interviews with academics, economic experts, entrepreneurs, no less than four ex-Chancellors of the Exchequer and the biggest stack of £50 notes you'll never see.
What's your opinion? Have your say below, or discuss on Twitter using #Trillion.
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