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-- Countries In Debt
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Posted by Mr. Pink on Aug-04-2005 13:07:

Rasta

this is all fake bullshit.

DEBT!

DEBT was invented to keep you d0000wwwwwn!!!!!

i say exterminate debt and let us start over


Posted by Moral Hazard on Aug-04-2005 13:16:

quote:
Originally posted by Mr. Pink
this is all fake bullshit.

DEBT!

DEBT was invented to keep you d0000wwwwwn!!!!!

i say exterminate debt and let us start over


God Damn Man, always tryin' to keep a brotha down....

......... WAIT.... I am the man! How the fuck did that happen?


Posted by Massive84 on Aug-04-2005 15:06:

quote:
Originally posted by josh4
United States $7,884,285,747,937


Lol

keep pressing F5...Fun

Meh i wonder which bank loans this and i don't think stuff like this can be payed back anywy.


Posted by Moral Hazard on Aug-04-2005 16:28:

quote:
Originally posted by Nou
Alot of the money comes from bonds bought by US citizens at some point (even dating back to World War II


This is the case for most industrialized nations, which is why economists are usually more concerned with foriegn debt then domestic debt. For Canada, the majority of our debt is due to "Canada Savings Bonds", I would suspect the same is true in the US (only "treasury bonds" rather then CSB) but I do not know for sure. It is also important to look at what is owed to each country by other countries so that we only look at the net debt.


Posted by Lira on Aug-04-2005 16:40:

quote:
Originally posted by Nou
Maybe if you guys told the EU nations to stop routing their illegal immigrants up to you guys and made them actually hold responsible the numbers of people that come from other countries looking for refuge or amnesty.


I would start with Italy since they basically let people come right on in from North Africa and just shoe them through and into another country then they all wind up some how in England, most of them sitting in imigration holding prisons awaiting deportation of amnesty in your country.

Huh?


Posted by nchs09 on Aug-04-2005 16:48:

have they never heard of paypal?


Posted by Akridrot on Aug-04-2005 16:50:

So what you guys are saying is that we need debt, and no country should ever pay off their whole debt? What would happen if just one country payed off all their debt???


Posted by jonze on Aug-04-2005 16:51:

quote:
Originally posted by Nou
http://64.233.167.104/search?q=cach...+to+China&hl=en


Hrmmm they could nuke us... or they could ask for them to repay the debt we bought from them....


Of course the reason for china to buy debt is now a bit different since they have floated their currancy and its no longer tied to the the US dollar...



this reminds me of grandma in rounders, buying up all the debt. i think we should have matt damon play them in a game of texas hold 'em.


Posted by DannyO on Aug-04-2005 18:00:

Why don't they just go get a payday loan?


Posted by Lira on Aug-04-2005 21:39:

quote:
Originally posted by Nou
ehhh i shouldnt try to explain things first thing when i wake up.

anyways basically alot of EU nations have been known to push illegal imigrants, or people seeking refugee or political amnesty westward towards the UK.

Italy is especially bad as they take alot of the people that cross from north africa and send them right out of Italy instead of dealing with them.

Better for the UK, I reckon. As I recall it, the population in some countries is not only getting older but it's shrinking as well. Unless there's an influx of immigrants, they can bid their wealth farewell.

UK > Continent.
(Except for Russia, the UK kicks almost as much ass as Russia )


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