Meh i wonder which bank loans this and i don't think stuff like this can be payed back anywy.
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quote:
Originally posted by Octanesyco
Greetings. My name is Casey. You can call me Moose.
-Moose
Aug-04-2005 15:06
Moral Hazard
Oppressing the 99%
Registered: Mar 2005
Location: with the 1%
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.
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quote:
Originally posted by RickyM
you're just a shit version of Moral Hazard. At least he knows what he's talking about.
quote:
Originally posted by pkcRAISTLIN
lol, i love it when moral feels the need to lay the smack down
Aug-04-2005 16:28
Lira
Ancient BassAddict
Registered: Nov 2001
Location: Brasilia, Brazil
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?
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Aug-04-2005 16:40
nchs09
Traceaddict in training
Registered: Sep 2003
Location: Inside your mum
have they never heard of paypal?
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quote:
Originally posted by Halcyon+On+On
OOKA-OOKA ME NACHOS ME PRESS KEYS ON COMPUTER GOOD
Aug-04-2005 16:48
Akridrot
Suspended User
Registered: Jun 2004
Location: Free Candy! Yay! (Only available in select vans)
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???
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"If she's old enough to crawl, she's already in position." -- Pedobear
Aug-04-2005 16:50
jonze
Unicorn Farts
Registered: Feb 2004
Location: where blue skies meet the sunrise
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.
Aug-04-2005 16:51
DannyO
The Vinyl Hunter
Registered: May 2003
Location: Calgary.
Why don't they just go get a payday loan?
Aug-04-2005 18:00
Lira
Ancient BassAddict
Registered: Nov 2001
Location: Brasilia, Brazil
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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