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Britain's Trillion Pound Horror Story - Broadcasted Channel 4 Tonight 2100hrs. Views?


Pudsey

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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 ;)

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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.

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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?

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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 ,,

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:wave:

 

Sorry, Hong Kong is full.

 

 

 

 

 

:D

 

Oh no it's not. ;) It'll be lovely when it's finished. I now a few places going 'cheap'. :blink:

 

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! ;)

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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

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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.

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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.

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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

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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!

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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! :D

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:D

 

No problem; they say a picture speaks thosand words (or a trillion maybe! :D ), so here you go. Also more relevant as it's monetary based :p

 

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 :lol:

 

Correction - http://www.pagetutor.com/trillion/usdebt.html

 

That's the biggest financial overdraft I've ever seen :D

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