cartoon

















IMPORTANT NOTE:
You do NOT have to register to read, post, listen or contribute. If you simply wish to remain fully anonymous, you can still contribute.





Lost Password?
No account yet? Register
King of Hits
Home arrow Forums
Messageboards
Welcome, Guest
Please Login or Register.    Lost Password?
80%+ of Government borrowing pays interest
Go to bottomPost New TopicPost Reply
TOPIC: 80%+ of Government borrowing pays interest
#261096
Lester Pidgeon

80%+ of Government borrowing pays interest 1 Month ago  
 
Logged Logged
  Reply Quote
#261120
hedda

Re:80%+ of Government borrowing pays interest 1 Month ago  
Can you just imagine the damage the USA's $36Trillion plus debt is doing (added to by Trump by Trillions in both his presidencies.)

Mostly owed to China and Japan.

But of course Capitalism is a thriving success while Communism and Socialism are complete failures.
 
Logged Logged
  Reply Quote
#261128
Wyot

Re:80%+ of Government borrowing pays interest 1 Month ago  
What has happened to the senses of shame and honour when it comes to debt, either national or personal?

I am too young to remember when debt had not been renamed credit.

But it is amazing how much this has shifted....
 
Logged Logged
  Reply Quote
#261141
Lester Pidgeon

Re:80%+ of Government borrowing pays interest 1 Month ago  
Not sure that shame and/or honour come into the National Debt of a country - most have them.

But the fact that the UK is one of only the dozen or so, to have one <100% of GDP - isn't good!


List of countries by government debt - Wikipedia

share.google/LuPVGfuZl2q2PwnVz
 
Logged Logged
  Reply Quote
Go to topPost New TopicPost Reply