Why Are UK Councils Suddenly Going Bankrupt Now?
Why Are UK Councils Suddenly Going Bankrupt Now?
UK government intentionally withholds infinity-print money so they can take control
In the UK (not just England) 114 councils do not have sufficient finances to meet requirements for spending.
To understand the scope of this, you need to know how many councils there are in the UK: England has 317 councils. Scotland 32. Wales 22. Northern Ireland 11, or 382 total.
That would mean 29% of councils do not have sufficient funding, or almost a third.
The UK Government Is Doing This Intentionally
The Bank of England is not shy of printing money out of thin air whenever it wants (so-called ‘quantitative easing’ as it uses additional quantities of money to ‘ease’ the financial burden). The idea an infinity-print money government could have local governments magically run out of money is absurd — unless that act is intentional.
Can we prove it is intentional? Yes. Yes we can.
The government recently published a commentary on a Section 114 notice. A Section 114 notice is the government’s version of ‘bankruptcy’ which councils use, although councils cannot technically become insolvent. It institutes special measures, such as a freeze on new spending, and permitting the UK government to take control.
The comment means the UK government are well aware of the emerging problem.
The commentary admits the UK government have been intentionally and maliciously scaling back financing (contrary to the Guardian’s false remarks it’s just ‘inflation’).
Or as Sky News succinctly puts it, it is a drop in spending by 90%:
They’re intentionally creating debt in order to centralise power by forcing councils into special measures.
And before you anti-tax louts cheer, remember…
…this government is more than happy to send billions to Ukraine, including very expensive tanks and equipment, more than happy to sign multi-billion pound deals with pharmaceutical companies, and send £40 million to Matt Hancock’s mate down the pub.
…But not £12 million to Havering council.
To put a single £1 billion in context (Ukraine or Moderna), you could have financed Havering council for 83 years.
The most reckless and risk-taking, Thurrock (who have mismanaged their finances and taken high-risk investments), is still smaller than either the Moderna deal or the Ukrainian war fund, requiring a £636 million bailout (roughly half-a-billion):
Remember though, unlike Ukraine, where money will slide into the backpocket of corrupt officials and be used to kill and maim, or Moderna who profits from sales on top of the deal, these finances into councils would go into services that aid you and your fellow countrymen.
If you’ve ever cursed a pothole or been angry at street lights not working or frustrated with painfully long wait times for medical services, this is why. The government steal money from you and your services, and then ship it overseas and into the coffers of corporations. All whilst you’re still paying taxes anyway.
Which councils are in debt?
Notice that the £3.5 billion shortfall of 114 councils in the UK could have been paid off by the total money shipped overseas to Ukraine alone.
Another article names 98 councils whose spending power exceeds their debt ratio, although this is relative to Birmingham and may not be an accurate reflection.
In terms of known in-debt named councils, this is not an exhaustive list, and may include councils that have not yet declared Section 114. We count at least 35.
Birmingham (a city, no less)
This is an overwhelming number of in-debt councils. Roughly 10% of the total number of councils. A crisis of unprecedented proportions intentionally ignored and downplayed, all because Section 114 permits centralisation of government control.
Globalists cutting back your services that you paid for whilst they finance yet more perpetual overseas wars and greedy corporations, so they can centralise power and deprive you of your ability to survive in the process.
What do you think, dear reader?
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So, it’s called a Section 114 and there were 114 councils that accrued £3.5B in debt?! Weird.
You described the scheme very well: taking money from the people, by taxes and inflation, and stuffing it in the pockets on the top). It has been going on for years, and accelerated significantly in the last century (1919, 1945, 1990, 2015, 2020 ff.). By the way, if you notice coincidences in the years I mentioned, they're just that. Pure coincidence. Every fact checker will certainly agree to that.