UK Q4 2013 GDP +0.7% (28Jan14)
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The ONS claims the UK's Q4 2013 GDP was +0.7%, nearly all bought with more debt. Recorded from BBC News Channel HD, 28 January 2014.
Comments
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when will they stop lying,
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1. 0.7% fake growth from quantitative easing which makes us worse off long run
2. we increased our foreign aid to 0.7% of GDP just the other month
3. so sick of this liefest we are supposed to treat with legitimacy. but then if they didnt lie people would not turn up to work and the whole stack of cards ponzi scheme we call government would tumble down. -
Debt based economy https://pbs.twimg.com/media/BfEbPuoCYAAyocS.png
Does that lending come from savings or fractional reserve accounting tricks (money/debt from nothing)?
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