A leaked memo from HM Treasury warns the UK could be facing a debt default/soverign debt crisis.
The memo reads:
'In a worst-case scenario, this could lead to a liquidity crisis and, ultimately, a sovereign debt crisis. A comparable UK scenario would be market conditions in 1976 ahead of the IMF loan when high and volatile inflation led to a loss of macro strategy credibility and a reluctance to hold UK debt.’
#DebtBomb #Meltdown #Crisis
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https://www.youtube.com/watch?v=Oa6XPIGy5PU
Latest research suggests countries with higher Vitamin D deficiency are facing higher levels of mortality.
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https://www.youtube.com/watch?v=1A6ZBA1Y4Dc
Agriculture Minister Michael Creed has told the EU that in the case of a 'no deal' Brexit, Ireland will need hundreds of millions of Euros in emergency aid to help prop up the economy.
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https://www.youtube.com/watch?v=euhfvgR6zYc
200,000 fewer homes have a BBC TV Licence than one year ago.
https://www.dailymail.co.uk/news/article-8010913/200-000-homes-ditch-BBC-TV-licences-year-prompting-funding-crisis.html
#TVLicence #BBC
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https://www.youtube.com/watch?v=bi1jKUwb61w
No one is jailed in Scotland for non payment of the TV Licence due to protections from Scottish law which prevents prison sentences for fines less than £500.
#BBC #TVLicence
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https://www.youtube.com/watch?v=IBQ539yXi0A
A recent petition to abolish the BBC TV licence.
Will the BBC survive into the future, as they lose approximately a million licence fee payers per year, as British viewers switch to watching Youtube and other internet TV medias which dont require a TV Licence.
#BBC #TVLicence
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https://www.youtube.com/watch?v=0XxevFXACrE
A man has been sentenced to 12 weeks in prison for causing a public nuisance and contravening the requirement as to the restriction of movement during the Coronavirus emergency period.
The man, Kierran Stevenson made a social media post on facebook while at Stoke Mandeville Hospital.
https://m.facebook.com/story.php?story_fbid=10216448297269129&id=1507549668&_rdr
https://www.thamesvalley.police.uk/news/thames-valley/news/2020/march/30-03-2020/man-convicted-for-causing-public-nuisance-at-hospital-and-breaching-restriction-of-movement-order---stoke-mandeville-aylesbury/?fbclid=IwAR2zekgolZo0dXWjSYYJw1_Owl5whn4evNf9O_73aa6hoX_1rXN56Qt-sTQ
#Coronavirus #COVID19
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https://www.youtube.com/watch?v=YOFkmm6Beeo
A study from the Henry Jackson Society estimates China owes G7 nations £3,2tn in damages, with the amount for the UK at £351bn, and almost certainly to rise.
https://henryjacksonsociety.org/publications/coronaviruscompensation/
#Recession #Economy
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https://www.youtube.com/watch?v=maKodTr10vQ