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Glyn Moody (glynmoody@mastodon.social)'s status on Thursday, 28-Nov-2024 01:30:21 JST Glyn Moody

The UK national debt has just fallen by £1.5 trillion - https://www.taxresearch.org.uk/Blog/2024/11/27/the-national-debt-has-just-fallen-by-1-5-trillion/ this is insane, but good news?
In conversation about 2 months ago from mastodon.social permalink
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  The national debt has just fallen by £1.5 trillion
  
  from Richard Murphy
  
  There is a very strange feature that, as far as I can see, has not had much attention paid to it so far within the Whole of Government Accounts for the year to 31 March 2023 that were published yesterday. Ignoring the fact that, as I noted yesterday, these accounts were...
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  Glyn Moody (glynmoody@mastodon.social)'s status on Thursday, 28-Nov-2024 02:35:52 JST Glyn Moody
  in reply to
  - Christian Kent
  @ckent it's all a bit unclear, but intriguing...
  
  In conversation about 2 months ago permalink
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  Christian Kent (ckent@urbanists.social)'s status on Thursday, 28-Nov-2024 02:35:54 JST Christian Kent
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  @glynmoody I’ve read this article twice, but isn’t it the deficit not the debt that’s fallen?
  So we are talking about an ANNUAL change of this much (until a new problem that isn’t forecast, also happens)?
  Anyway that’s a very different outcome …
  
  In conversation about 2 months ago permalink

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