No money problem.

[strickland 10th district]

The country has a 'no money problem" why?

1. The high cost of living.

2. All sorts of taxes to pay for irresponable government spending.

3. New jobs pay low wages because of immigrants.

4. The economy is slow with little growth.

5. Tourism is weak.

6. Young families cannot afford prices of houses and take heavy loans.

7. We aid the immigrants and not the Maltese that are poor.

8. The profits of big companies are sent abroad.

9. The EU came at a high cost to everyone.

10.We pay 100 million interest a year to pay government deficts.

[Gladiator]

The country has a 'no money problem" why?

1. The high cost of living.

2. All sorts of taxes to pay for irresponable government spending.

3. New jobs pay low wages because of immigrants.

4. The economy is slow with little growth.

5. Tourism is weak.

6. Young families cannot afford prices of houses and take heavy loans.

7. We aid the immigrants and not the Maltese that are poor.

8. The profits of big companies are sent abroad.

9. The EU came at a high cost to everyone.

10.We pay 100 million interest a year to pay government defects.

S10th D, how did you calculate the interest on the Deficit?

Malta's debt is 1.5 Billion Liri. What interest is the Government paying ? 5%, 4.7%??

[Marco Polo]

maybe he's refering to government bonds which are above 6% if im not mistaken.

[strickland 10th district]

The country has a 'no money problem" why?

1. The high cost of living.

2. All sorts of taxes to pay for irresponable government spending.

3. New jobs pay low wages because of immigrants.

4. The economy is slow with little growth.

5. Tourism is weak.

6. Young families cannot afford prices of houses and take heavy loans.

7. We aid the immigrants and not the Maltese that are poor.

8. The profits of big companies are sent abroad.

9. The EU came at a high cost to everyone.

10.We pay 100 million interest a year to pay government deficts.

Does anyone know how much gold we have in the central bank? I have a good story about this but i need to know the value.

[Marco Polo]

Does anyone know how much gold we have in the central bank? I have a good story about this but i need to know the value.

if the gov has any at all it should consider selling some at todays prices. at least to help out with the interest on the debt.

[Gladiator]

if the gov has any at all it should consider selling some at todays prices. at least to help out with the interest on the debt.

Good Idea, but the Lira's value will have to go down further.

[Marco Polo]

Good Idea, but the Lira's value will have to go down further.

well it would help industry a little but imports cost enough as it is!

[Gladiator]

well it would help industry a little but imports cost enough as it is!

Marco in today's economic climate something has to give. In this case Malta has to become more competitive and export more than it imports or at least try to counter balance the import/export deficit.

By exporting more you will offset the high cost of imported goods!