Listen up..dont test me..you wanna know something about the economy?let me educate you..The 3G auction was £22.5bn . Where is that money gone? On what did they blow it?http://www.theregister.co.uk/2006/11/30/3g...s_mobile_costs/Iraq cost spiral, the number of soldiers winding down from 4100 to 1800, but the cost expect to go up from £970m to more than £1.67bn, that more than 70% increase for 50% less soldiers who are locked in on airbase in Basra in retreat. Pay these lads more money, and give them better benefitshttp://news.bbc.co.uk/1/hi/uk_politics/7287525.stmMp allowance car allowanceTaxman gives back 30p per mile for company cars, where MPs get 57.7p per miles. Well tax man charges from £120 up to £500 for company cars per month, depending on engine and emission.http://www.parliament.uk/about_commons/hoc...llowances06.cfmMps took £3m in car allowance, why don't they take the train? LOL, they raked it using their cars, no wonder some drive Bentleys http://www.timesonline.co.uk/tol/news/uk/article589713.eceNhs IT onlineInception cost £2.3 bn, then above £6bn expected, in 2006 cost £12.4bn, and it is running now. It is a dud project, some hospital are disabling it, it is not even completed, no roll out nationality for another few good years. These contractors are raking it, charging £1000-£1500 per consultant per day (8 hours). This goverment keep forking the money, instead of fining them greedy companies. Most decent goverment G20 in countries, will have binding contracts, delays are fined in tens £m per months for public contracts, not here, keep giving them more money so company shareholders raked it, and complete disregard to Tax payer money. The National audit office they supposed guardian of tax payers money are failing miserably.Mps do not need to show receipt for expenses below £250, LOLLOLNow they want to change that £25, yeah right the mps will repeal this act no doubt.http://www.guardian.co.uk/politics/2008/fe...p;feed=politicshttp://thescotsman.scotsman.com/uk/Call-fo...nses.3905103.jpMps salaries £68k, but they claimed another £137k in allowance per year. They can buy a mirror for £300 and a coffee table for £200. Who subsidize their 2nd House in West and North London? Guess who.Who claimed more than £22k for stamps in a year? LOLLOLLOLAnyway lets move on violet, Our gold reserveBrown decided to sell our Gold reserve in 99-02. The average price they got was $275l. Guess what gold hit $1000 3 weeks ago. Once Brown sold the country reserve Gold spot price started rocketing. Most analyst forecast says $2000 in the next 3 years. China and India are building their reserve, and the price of the yellow is only going up. Investors are pilling in gold due to the $ tanking, and gold is a more secure investment. e.g sell $ buy gold (investment strategy). Some bullish analyst are even saying $10000 an ounce may come. The supply is being sqeezed and demand is rising. Our country had a gold reserve for 300 years, from our ancestors hard work, now it hasd been depleted massively.Check the gold chart spot price below, it's rocketing at a faster rate nowhttp://www.the-privateer.com/chart/gold-pf.htmlNow the GemOur great country is going to host 2012 Olympics, nice one for UK we kick the frenchies asses by winning the Olympics.Well there is a little problemInception cost in 2005 for bid ,was £2.4bnhttp://news.bbc.co.uk/1/hi/uk_politics/6171924.stmthen just 2 years after winning the bid, it is expected to be £9.3bn, nearly a 370% increase, now we are 5 years away from hosting the event, so put a target of at least £18bn imhoOlympics new estimatehttp://www.guardian.co.uk/uk/2007/jul/08/london.olympics2012Ken Livingston & blair with their grandeur has cost the entire population another £2000- £3000 per person in the entire UK, we will pay for that in council taxes and hike in stealth taxes, there is no other way.Now the latest f*ck up for the captian(s) at the helm of the titanic.Stock market is for speculators right, and companies on it are publicly listed and owned by investors, Private investors or Institutions.Well when a greedy bank was about to hit the wall, the Govermnet forked out £25bn of tax payers money to save an investors owned by speculators and institution, clearly wrong in a capitalist environment, like Prudence says so much about the city. He has set a bad example, tax payers will have to save greedy banks, and out country takes more debts . Do banks shares their £ Billions with tax payers now.OK here is the deal where the Goverment got that £25bn to save Northern rock. The debt have been turned in Goverment bonds.Goverment bonds = debt by the goverment. Goverment issue bonds to investors to raise money in other words they are taking loans. Goverment bonds = national debt in other words. Well Northern was a stock market investors problem, Prudence & Darling stuck their noses in, now the government has taken £25bn liability (in other words every single another the UK will need to fork out a £1000-£1500 for this failure . A public owned company deserve to go against the wall, if it is a failure, that the purpose behind capitalism & stock market. Well, the only reasons they NOrthern rock, was to get the old fogeys savers in NRK votes. Prudence do not care about anything except power.Goverment Bonds for Northern Rock.http://news.bbc.co.uk/1/hi/business/7199574.stmDoes anybody know another reasons inflation is going up? Well everytime the Bank of England prints new banks notes, this causes inflation. Where did BOE get that initial £25bn to loan to Northern Rock? They just printed the Money, do you guy really believe that BOE has £25bn in the safe? LOLLOLLOLPrinting money = rising inflation, and it does cost to all of US.More money in circulation = rising inflation.money supply causes inflation, and BOE is pumping £billions in the funny economy. Well the printers at Dela Rue (£ Sterling printing bank notes contractors) are working 24 hour a day lately. , IMHO De la rue stock price will rocket, no advice intended thoughmoney supply= inflationhttp://en.wikipedia.org/wiki/InflationThank you Sean would be nice?Ang tight those in their third year in economics.