Twitter Video
https://twitter.com/HeartsofOakUK/status/1659272643999334401?s=1
"What that means is that the West are in a debt spiral. What it means is the debt is going to get larger and larger every year and the servicing of that debt, so the amount that you're paying out just to cover your debt costs is going to go up all of the time. The UK's debt is around 100% of Gross Domestic Product. The UK spends around £1.30 for every £1 it brings in in taxes. In the UK, the biggest expenditure at the moment is the NHS. But debt expenditure is very close behind now. And it won't be that much longer before basically just servicing the debt. And of course, you're not getting anything for that. That's just paying off the monthly interest cost. That's going to overtake the NHS soon. And then our biggest expenditure is going to be something that we are getting absolutely nothing for. So, yeah, it's a complete mess, Peter."