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The American Empire in a Changing World



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Monday, September 3, 2012

''Britain’s Massive Pension Debt: An Impossible Dilemma For The Government?''

From Economy Watch

''By 2040, the U.K.’s debt-to-GDP ratio is likely to reach over 400 percent if the government chooses to continue on its present path. But even as the present government attempts to scale back on a number of welfare benefits – particularly pension benefits – to reduce its debt, public opposition means that they must seek other alternatives; and try to strike a balance between the nation’s debt and public welfare.''

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