UK To Change Definition Of Debt So It Can Add $90 Billion More \ stacker news ~bitcoin

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UK To Change Definition Of Debt So It Can Add $90 Billion More www.zerohedge.com/economics/uk-change-definition-debt-so-it-can-add-90-billion-more

283 sats \ 10 comments \ @BitcoinIsTheFuture 26 Oct bitcoin

This is what happens when Fiat goes wrong!

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45 sats \ 1 reply \ @Cotton 26 Oct

They’re planning to call it something else, but it’s still the same: piling on billions that future taxpayers will shoulder.

btw this just pushes more people toward a stable, unchangeable store of value. ^_^

0 sats \ 0 replies \ @BitcoinIsTheFuture OP 26 Oct

Yup lol. Bitcoin for the win!

21 sats \ 0 replies \ @teemupleb 27 Oct

Alas, Starmer’s comments will add to fears that Labour - along with every other socialist/progressive government in Europe and elsewhere - will prompt a rapid flight of the wealthy out of the UK. Reeves has pledged that those with the “broadest shoulders” will have to bear the burden of greater taxes, but many have already made plans to leave.

Maybe next they will build a wall so you can’t leave.

10 sats \ 1 reply \ @denlillaapan 26 Oct

obscene, really.

Then add "unfunded," off-balance sheet shit.

0 sats \ 0 replies \ @BitcoinIsTheFuture OP 26 Oct

Yes we are living in a simulation and Bitcoin is the escape!

10 sats \ 1 reply \ @rebel_nomad 26 Oct

Great idea! Now do something similar to gravity, I want to flap my arms to fly...

10 sats \ 0 replies \ @BitcoinIsTheFuture OP 26 Oct

Be careful what you ask for and AI will deliver!

10 sats \ 0 replies \ @Satosora 26 Oct

This is the future for all fiat. Just move around the debt and inflation for the next generation.

10 sats \ 1 reply \ @sangekrypto 26 Oct

I just heard, $90 billion

21 sats \ 0 replies \ @BitcoinIsTheFuture OP 26 Oct

Yeah at some point the numbers are so big we can’t even comprehend!