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brickstser69
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Answered it in previous posts you should be capable of looking at how much of our tax income is coming from MNC employees and corporation tax.
The long-term problem is that our costs are going to skyrocket because of major changes in the country. Our population is getting much older very quickly, meaning we will soon have far more retirees needing pensions and expensive healthcare, and fewer working people to pay for it all. On top of this, we need to spend billions more to fix our housing crisis, upgrade our public transport, and meet all our climate change targets. Because of these rising, unavoidable costs, the money we have now won't be enough in the future. The government is trying to put some of the temporary corporate tax money into special savings funds to prepare for these huge expenses, but the situation remains risky.
Superficially the outside view or indeed a gormless one might suggest the current balance looks rosy.
The geopolitical shifts and so leave us unfunded for current commitments into the medium term of hundreds of billions. This has been known for years but the problem being long term isnt something our short term focused politicians have really addressed. Pension enrollments mandatory are only scratching the surface.
M Martin and Harris failing to read the room on the US shifting geopolitical landscape definitely has not helped us.
Public Sector Pension system are largely pay-as-you-go, the costs are projected to place a severe strain on the national finances, requiring billions in extra funding from the 2030s onwards. OAP and public sector pensions currently 15 billion a year. 47% of total revenue spent on social protection. 30% of the countries population in receipt of medical cards.
These are staggering figures.
Just on this. There is early reports. And I stress early, that UAF underwater drones blew up a Russian Kilo class sub. Which if true is fcuking remarkable.
Confirmed by the looks of it.
Ukrainian military, clever people
Wow. No wonder Trump hates them.
They are trying to keep the Trump happy because Trump wants credit for a peace deal. Both sides want Trump to think they are going along with him, but I think the reality is that at present the positions of each side are two far apart for any realistic, comprehensive deal.
Sooooo, what you're saying is we're not flat broke, but the unvetted bogeymen are the big economic riddle of our time? Gottit.
Wow. And to think that the Soviets built those Kilos in the 80’s for a potential global conflict against NATO….and now here we are 40 years later and 2 of their number have been taken out by a navy-less former satellite republic.
You know, if I were the Russians (or their extended fan club) I’d be feeling a bit embarrassed right now.
That’s just me but you know….i’d at least be concerned about it.
https://www.ft.com/content/4a8ba3f9-cfdd-445e-984e-e3d1ff1d845e
Russia going to have even less control over the black sea now. Pity there wasn't 10 of them.
I see what appear to be a large number of naval surface vessels there in that port too, so you’d hope Ukraine ramp up production here and start giving Russia more of these gifts..
So nothing more than a computer generated guess or hallucination as a source?
You could imagine the captain's and crew of those ships thinking "fcuk. That could have (and still can) be us"
While Ukraine is only 36% self sufficient in defence overall, its closer to 100% for drones. I think they are ahead of NATO on drones after 4 years of war. Evidence of this is NATOs inability to down drones over sensitive sites in recent months including Copenhagen airport and French nuclear submarine sites.
what would happen if it was a nuclear sub?
Been super busy with work today so the first I'm seeing of this.
Fantastic news.
The boom probably would have been bigger
Not a good news day for Vlad
Oil prices are predicted to drop next year and into 2027 cos of over supply.
Bad for Russia.
I think their economy will begin to crack next year.
I know people have been saying that since 2022.
Lol
Bild in Germany reporting that European countries have agreed to station troops in Ukraine as part of the agreement
From Google
"If a nuclear submarine is "blown up," it won't cause a nuclear explosion, but a physical destruction would likely breach the heavily shielded reactor, releasing radioactive materials (spent fuel, reactor components) into the ocean, causing localized, long-term water contamination, though the water itself helps buffer radiation and cool the core, preventing a runaway meltdown like in a power plant"
Anyway this is a monumental day. I believe Ukraine have 4 of these subs in the black sea and 2 are out of action. They frequently launch cruise missiles at Ukraine.
Looks to have hit the very front of it. Pity it wasn't in the middle or is the front where the control room is?
Another mysterious fire started in putin's terrorist state with facilities linked to explosives production targeted.
As if Vlad will ever agree to that.
Yeah people have been saying that since 2022, always next year.
But there is no doubt the economy is struggling in some ways.
And looks like it's been a bad week of losses for Russia, which is good news for the rest of humanity
….
If Ukraine can hold out another couple of years, it's over.
If we could persuade India and China to stop buying it's oil, it'd be over in a few months easy.
Then the rebuild begins.
We'll all have to contribute.
The explosion was at the very rear.
The drone struck near the stern of the submarine, where the propeller, vertical rudder, aft horizontal rudder, and the diving planes are located.
You want to hit near openings in the hull, like at the bow or stern, where there are prop shafts and torpedo tubes, so seals stop sealing and it sinks.
That's €400m gone.
Bild is a rag but I hope it's true.
If we'd done that before Russia invaded, then no Ukraine war.
It wouldn't surprise me if Ukraine applies kinetic sanctions to the China hydrocarbons trade.
They don't need to.
Plenty of targets in Russia.
I assume the US is still providing Intel.
the state owes about 215 billion with only 2 million tax payers
