"Pension funds and life assurance funds are critically dependent upon the existence of the UK government's national debt because it is the safest form of savings available to these funds who save for the long term.
So you, probably, have hung your future security on the back of the UK government debt, whether you know it or not. Without that national debt, savings and finances in this country would not work."
https://www.taxresearch.org.uk/Blog/2026/03/22/the-national-debt-is-not-what-you-think/
#NationalDebt #UKpolitics #inequality #MMT
The national debt is not what you think

We have just published this short video on YouTube and many other channels. This is the transcript: The national debt is not what you think. We’re told it’s debt, and it has to be repaid, but what if repaying it would crash the economy? That is what would actually happen. The point is, the...

Funding the Future
@Andii Yes, good ideas. The public accounting system, the chart of accounts, should also be the same as that of all other entities to allow for fair comparisons. State accounting is opaque…