tag:blogger.com,1999:blog-5524682876220396502.post40591621494665296..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: Why inflation is going to hit usUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5524682876220396502.post-81490468542648245722009-05-13T16:34:00.000+01:002009-05-13T16:34:00.000+01:00Grateful if you could, James. What's that horrid b...Grateful if you could, James. What's that horrid baby doing as your avatar?Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-14816932078455115112009-05-13T15:30:00.000+01:002009-05-13T15:30:00.000+01:00I can't provide that data but I'll check here to s...I can't provide that data but I'll check here to see if anyone can.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-21011789885640536822009-05-13T13:11:00.000+01:002009-05-13T13:11:00.000+01:00You mean, Scott Burns' (financial statement is sil...You mean, Scott Burns' (financial statement is silly. And presumably, you also think David Walker, the former US Comptroller General, is silly, since he's spent 2 years touring America to warn of exactly the same thing. I understand the figures to represent the discounted future value of the obligations concerned, much in the same way as one produces a quotation for an annuity.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-188040908125789302009-05-13T12:41:00.000+01:002009-05-13T12:41:00.000+01:00Of course Dan Hannan in his YouTube demagogery mad...Of course Dan Hannan in his YouTube demagogery made a similar claim that the country as a whole was in negative equity. It is amazing how many people, including most political journalists, do not really understand the difference between stocks and flows.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-83683990979956073802009-05-13T12:35:00.000+01:002009-05-13T12:35:00.000+01:00Your statement is silly. The Medicare commitments...Your statement is silly. The Medicare commitments include future obligations while the net assets do not. <br /><br />On this basis many individuals with a mortgage are bust - since the value of the future payments principal and interest will probably exceed the current value of their net assets.Anonymousnoreply@blogger.com