Member Info for Doozer77

Est. Annual Cost of Illegal Migration

United States

~US $150 billion (net)

United Kingdom

~£11–14 billion, i.e. US $14–17 billion

Canada

~CA$340–396 million (~US $250–300 million)

France

~€1.8 billion (public sector only)

Germany

Significant (e.g., €13 billion refugee related in 2015) but not broken out for illegal migrants

Other G7

No consistent data available

BRICS

No detailed estimates; lower comparative visibility into public expenditure specifically addressing illegal migration

…or mass illegal migration to the West (largely fuelled by Russia & China) that is a huge net cost for any host country…

Here’s how the debt‑to‑GDP ratios compare between the G7 and BRICS nations (most recent estimates around 2024–2025):

⸻

G7 (Canada, France, Germany, Italy, Japan, UK, US)

From TaxTips.ca (2025 estimates):

• Canada: ≈ 113%

• France: ≈ 116%

• Germany: ≈ 65%

• Italy: ≈ 137%

• Japan: ≈ 235%

• UK: ≈ 104%

• US: ≈ 122%  

So, 6 of 7 G7 countries exceed 100% debt/GDP, with Germany (~65%) being the exception.

Another source notes similar levels: UK ~100%, Italy ~137%, US >100%, France ~112%, Japan ~255% .

⸻

BRICS (Brazil, Russia, India, China, South Africa)

CountryEconomy data (April 2024):

• Brazil: ≈ 84%

• China: ≈ 88%

• India: ≈ 81%

• Russia: ≈ 20%

• South Africa: ≈ 76%

Group average: ≈ 81% 

EFG International adds consistent numbers:

• China ~89%, India ~82%, Brazil ~87%, and notes all BRICS are below 100% debt/GDP.

Not to mention…

Category

G7 Summary

BRICS Summary

Mining Output (2022)

Canada ~170 t, USA ~210 t; others minimal

China ~370 t, Russia ~330 t, Brazil/India/South Africa ~200 t

Central Bank Buying

Active but less dominant buyers

Major buyers; gold used for de-dollarization

Reserves Trend

Part of global trend (1,000 t/year)

Significant accumulation; planning for gold‑backed currency

BRICS economies are expected to grow significantly faster than advanced Western/G7 economies

Real GDP Growth (2025, %)

BRICS (average)

3.4%

– India

6.2% ()

– Ethiopia

6.6% ()

– Indonesia

4.7% ()

– China

4.0% ()

– Russia

1.5% ()

– Brazil

2.0% ()

– South Africa

1.0% ()

Western / G7 (avg) | ~1.2–1.4% |

| – United States | 1.8% ()

| – Euro Area | 0.8% ()

| – Germany | 0.0% ()

| – United Kingdom | 1.1% (or UK’s own projection: 1.6%) ()

| – Canada | 1.4% ()

| – Japan | 0.6% ()

https://www.icaew.com/insights/viewpoints-on-the-news/2024/feb-2024/chart-of-the-week-imf-world-economic-outlook-update

👍👍

What’s going down Mitch?

Are you a Bridgwartian then Fred?

I think he’s broken…

Bristol boy me, Cheeky 👍

Pynes of Somerset…

Best roast beef sandwich, anywhere, ever…

How do you know you’re at a wedding in Bridgwater?

Both families are sitting on the same side of the church…

Your absolutely right Fred…I will take myself to the nearest corner for a word…

From Bridgewater eh?

There’s no wrong in it CP…about the best tangible store of wealth there is imo.

I’m not worried Speedy, the trajectory is upwards, was just trying to demonstrate my previous comment about silver outperforming gold in the near term 👍

End of the quarter 👍👍

Https://www.reuters.com/world/india/indias-june-gold-imports-fall-two-year-low-record-price-dents-demand-2025-07-16/

“Depends how small your little world is.”

…Or the size of your investment CP, and how it performs over the next 5-10 years.

I’m with JRDC on this…if it gets to £20, I’ll take a poster!

And if they have got more good news they may choose to have steady flow of positive sentiment as opposed to shooting their bolt in one go…that’s what I’d do anyway 🤷‍♂️

In relation to GGP, and indeed everything else…

Dog…all day long…