Discussion in 'SMB' started by stephen cartwright, Jun 9, 2010.
this is a simplistic question
this debt that is being talked about. who do we owe the money too?
Institutions, Pension funds, wealthy people all over the world, other governments (I presume)
in the world today it seems that every country is heavily in debt. wouldnt be at all surprised if all this money is ironically owed to the banks.
ME!!! for a Poll tax bill I paid in the 80's that I should have had legal rights not to pay.
Why don't we just tell them to fuck off, bring all the troops back and if they want their money to come and have a go if they think they're hard enough?
Or just get one of those IVA thingys!!!
Not sure about the figures but China owns a large amount of countries debt. IIRC it was at one point the largest single owner of US debt.
Epping - his rates are very competitive
The figures that are being quoted for repayments, the government must have gone to quidco.
Lot's to China apparently.
China owns 23.4% of US debt,Japan owns 20.5 % and we own 6.2% of it,we own more debt than oil exporters which is next at 5.8% .
So why don't we send the lads round, get our cash back and pay some of our debt off with it?
The fuckers owe us $809,850,076 - that would take a hefty chunk out of our debt.
Was reading this earlier.
The comment that sticks out to me is this one
Now I'm no expert, but no-one seems to deny that this is how the US government is doing it, I've got no doubt that we're doing the same if this is the case. So it looks like there's just a giant con-trick being played on the likes of us, while the top 5% piss themselves laughing at us all.
Because it would threaten our "special" relationship (and our nuclear delivery system).
Explains why the vile Vorderman was politically seduced by dishy Dave.
yep, all over the world the banks have either been bailed out or their deposits protected, of course they say that it's the to the benefit of us depositors but no it's not is it, it's to protect the banks themselves and the good old fractional reserve banking system that they rely on.
Is the answer Greedminds?
Also had the thought that people with money will be mopping up all of the assets when the prices fall - shares, property, etc.
I lent them £20 on Zopa. The bastards better divvy up
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