How wealthy?

Which decile are you (including all assets, including property, pensions, savings etc)?

  • Decile 1

    Votes: 0 0.0%
  • Decile 2

    Votes: 0 0.0%
  • Decile 3

    Votes: 0 0.0%
  • Decile 4

    Votes: 1 6.7%
  • Decile 5

    Votes: 0 0.0%
  • Decile 6

    Votes: 2 13.3%
  • Decile 7

    Votes: 1 6.7%
  • Decile 8

    Votes: 2 13.3%
  • Decile 9

    Votes: 6 40.0%
  • Decile 10

    Votes: 3 20.0%

  • Total voters
    15
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monkers

Squire
It is very easy to criticise the economics of the last fifteen years. It is very hard to think how the economics over the next fifteen years can be restored.

People will say, ''we can not live in the past''. However we are obliged to as we continue to pay for it.

When the tree overgrows, you pollard the top, not take a chainsaw to the base. The depths of cut to the base are deepening and as the space to make those cuts diminish they creep further towards the top.

We have a system in capitalism with an inherent and fatal flaw. The billionaires are in charge of it with their rule - no government can pollard the top.

Every challenger is smeared as ''dangerous''.

In 2024 the cost of paying interest on sovereign debt was £45 billion pounds. This year it is £100 billion pounds. It's tantamount to putting the bonnet up on the car, draining the coolant, removing the radiator and fan and saying, ''thanks to the climate emergency, I don't need those any more''.
 
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