Pudsey Posted November 11, 2010 Share Posted November 11, 2010 Did anyone else watch the one off documentary broadcasted this evening? UK's financial crisis and its estimated £4,800,000,000,000 National Dept........ Yes that's £4.3 Trillion. Makes me feel embarrassed to be British to be truthful after watching the programme. I think the real problem is that people just don't understand the real 'cause and effect', and how we could possibly be in terminal decline thanks to the government running our lives. Surely we need to be doing something about this? Your views? Personally 'Hong Kong' sounds like a better bet Quote Link to comment Share on other sites More sharing options...
Tannhauser Posted November 11, 2010 Share Posted November 11, 2010 Before you believe ANYTHING in a Martin Durkin documentary, check out his track record. His previous documentary was filled with inaccuracies, and OFCOM upheld a complaint against it.It contained some of the most egregious out of context quoting seen on a widely viewed documentary. I think that Channel 4 had to issue an apology for the documentary before that, too. He's a man with an extreme political agenda. Channel 4 love him, because he's challenging and provocative, which fits in with their ethos. However, that doesn't mean that his arguments carry any weight. Good for pub talk,but it's not a serious or balanced analysis. For me, it's a real pity that someone like him gets blanket advertising and a massive audience. Quote Link to comment Share on other sites More sharing options...
penguin Posted November 11, 2010 Share Posted November 11, 2010 ended up watching it too.. group buy on tickets to hong kong? Quote Link to comment Share on other sites More sharing options...
imi Posted November 12, 2010 Share Posted November 12, 2010 Before you believe ANYTHING in a Martin Durkin documentary, check out his track record. His previous documentary was filled with inaccuracies, and OFCOM upheld a complaint against it.It contained some of the most egregious out of context quoting seen on a widely viewed documentary. I think that Channel 4 had to issue an apology for the documentary before that, too. He's a man with an extreme political agenda. Channel 4 love him, because he's challenging and provocative, which fits in with their ethos. However, that doesn't mean that his arguments carry any weight. Good for pub talk,but it's not a serious or balanced analysis. For me, it's a real pity that someone like him gets blanket advertising and a massive audience. I didnt get to watch the program but will catch up via on demand. Was all of the program inaccurate or specific aspects? Quote Link to comment Share on other sites More sharing options...
Abz Posted November 12, 2010 Share Posted November 12, 2010 I am not surprised if it was even half of that! Though like imi will catch up on the film. Quote Link to comment Share on other sites More sharing options...
loks Posted November 12, 2010 Share Posted November 12, 2010 ended up watching it too.. group buy on tickets to hong kong? Sorry, Hong Kong is full. Quote Link to comment Share on other sites More sharing options...
jagman Posted November 12, 2010 Share Posted November 12, 2010 I didnt see the documentary , but I have been looking at the problems for the last 4 years , and it is not just the UK but a world wide problem , and been running for some time, and take some fundamental changes to overcome it . At the moment fixes are only delaying things ,, Quote Link to comment Share on other sites More sharing options...
AndrewOW Posted November 12, 2010 Share Posted November 12, 2010 Sorry, Hong Kong is full. Oh no it's not. It'll be lovely when it's finished. I now a few places going 'cheap'. Blinking Americanisms. It's £4.8 BILLION in British old money, not trillion. The Americans come along and spoil our traditions. Bring back proper numeracy and spelling! If I were a mod, and all that! Quote Link to comment Share on other sites More sharing options...
marbleapple Posted November 12, 2010 Share Posted November 12, 2010 Blinking Americanisms. It's £4.8 BILLION in British old money, not trillion. The Americans come along and spoil our traditions. Bring back proper numeracy and spelling! If I were a mod, and all that! I say we invade and bring them back under our flag. Need bringing down a peg or 2. Quote Link to comment Share on other sites More sharing options...
Max Headroom Posted November 12, 2010 Share Posted November 12, 2010 The problem is most folk do not have a true concept of what a "billion" or a "trillion" mean. In our everyday lives we do not come across these vast figures and for some it is hard to comprehend. If you subtract 1000000000 minutes from now the date would be 17 Jul 109 If you subtract 1000000000 seconds from now the date would be 5 Mar 1979 Quote Link to comment Share on other sites More sharing options...
Gaz6002 Posted November 12, 2010 Share Posted November 12, 2010 Capitalism. It's a debt culture. Deal with it Quote Link to comment Share on other sites More sharing options...
Attero Posted November 12, 2010 Share Posted November 12, 2010 Most of that is generosity though isn't it. If we hadn't had spent so much on helping other countries and immigrants, we wouldn't be in such disgusting mess. Unfortunately, the goverment permanantly insists on this to keep an upbeat, "nice-guy" appearance to the rest of the world. Well we don't need it. We should think about ourselves for once. Quote Link to comment Share on other sites More sharing options...
AJI Posted November 12, 2010 Share Posted November 12, 2010 The documentary should open up people's eyes at to how big government has become and how unsustainable it is. The Labour/union policies of simply chucking more and more money in to public spending got a real slagging from this program and rightly so in my opinion. Quote Link to comment Share on other sites More sharing options...
stevie_b Posted November 12, 2010 Share Posted November 12, 2010 I think the real problem is that people just don't understand the real 'cause and effect', and how we could possibly be in terminal decline thanks to the government running our lives. Surely we need to be doing something about this? Could you expand on this point please? I didn't see the programme. The problem is most folk do not have a true concept of what a "billion" or a "trillion" mean. In our everyday lives we do not come across these vast figures and for some it is hard to comprehend. Wise words. A lot of people hear these figures and say, "OMG! O. M .G.!!1!" It needs context, for example how the national debt has changed over, say, the last 20 years, or since WW2. I haven't looked at this document yet in any detail, but it looks relevent and interesting. Unfortunately much of the data stops at the year 2000: http://www.ifs.org.uk/bns/bn26.pdf Quote Link to comment Share on other sites More sharing options...
Matt H Posted November 12, 2010 Share Posted November 12, 2010 If you subtract 1000000000 minutes from now the date would be 17 Jul 109 If you subtract 1000000000 seconds from now the date would be 5 Mar 1979 I'm struggling to see a point? Is this relevant to a back to the future remake?! Quote Link to comment Share on other sites More sharing options...
Gaz6002 Posted November 12, 2010 Share Posted November 12, 2010 I'm struggling to see a point? Is this relevant to a back to the future remake?! He's illustrating the difference between a trillion and a billion, Doc. Quote Link to comment Share on other sites More sharing options...
Matt H Posted November 12, 2010 Share Posted November 12, 2010 He's illustrating the difference between a trillion and a billion, Doc. I know, just a pretty rubbish analogy. Quote Link to comment Share on other sites More sharing options...
fizzle Posted November 12, 2010 Share Posted November 12, 2010 very interesting programme, not really my usual sort of thing but found it fascinating! Although didn't everyone already know we get fisted by the government in this country! Would love to move to hong kong, better women and taxes but with our government sucking the life out of us i could never save enough money to move there! Quote Link to comment Share on other sites More sharing options...
Max Headroom Posted November 12, 2010 Share Posted November 12, 2010 I know, just a pretty rubbish analogy. OK Big Boy, come up with a better one Quote Link to comment Share on other sites More sharing options...
Snooze Posted November 12, 2010 Share Posted November 12, 2010 The problem is most folk do not have a true concept of what a "billion" or a "trillion" mean. In our everyday lives we do not come across these vast figures and for some it is hard to comprehend. If you subtract 1000000000 minutes from now the date would be 17 Jul 109 If you subtract 1000000000 seconds from now the date would be 5 Mar 1979 He's illustrating the difference between a trillion and a billion, Doc. I know, just a pretty rubbish analogy. Not a good comparison of 1 billion and 1 trillion. Numerically, it's a comparison of 1 billion and 60 billion. I think it was intended as (and succeeds IMO) an illustration of the fact that 1 billion is an effing big number! Quote Link to comment Share on other sites More sharing options...
supra_aero Posted November 12, 2010 Share Posted November 12, 2010 Not seen the documentary but it sounds like I predicted the future... http://www.mkivsupra.net/vbb/showthread.php?231277-Multiculturalism-has-utterly-failed&p=2929924&viewfull=1#post2929924 How did that happen? How did I know benefit reforms were coming? Damn I'm good. Quote Link to comment Share on other sites More sharing options...
Matt H Posted November 12, 2010 Share Posted November 12, 2010 OK Big Boy, come up with a better one No problem; they say a picture speaks thosand words (or a trillion maybe! ), so here you go. Also more relevant as it's monetary based http://www.pagetutor.com/trillion/index.html Quote Link to comment Share on other sites More sharing options...
supra_aero Posted November 12, 2010 Share Posted November 12, 2010 No problem; they say a picture speaks thosand words (or a trillion maybe! ), so here you go. Also more relevant as it's monetary based http://www.pagetutor.com/trillion/index.html Wow ! I knew it was a lot but that's incredible. How can any country recover from that - the biggest overdraft the world has ever seen Correction - http://www.pagetutor.com/trillion/usdebt.html That's the biggest financial overdraft I've ever seen Quote Link to comment Share on other sites More sharing options...
Gaz6002 Posted November 12, 2010 Share Posted November 12, 2010 No problem; they say a picture speaks thosand words (or a trillion maybe! ), so here you go. Also more relevant as it's monetary based http://www.pagetutor.com/trillion/index.html That's US trillions and billions though, and he said come up with one, not nick it Quote Link to comment Share on other sites More sharing options...
Attero Posted November 12, 2010 Share Posted November 12, 2010 £1 trillion would be be about 2 thirds of the size of that.... but times that by 4. Quote Link to comment Share on other sites More sharing options...
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