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Just out of interest has a country ever gone bankrupt?

Not asking you specifically but more of a general question for the forum.

We keep hearing about how all these countries have massive debt but it’s all a load of bollocks really isn’t it?

Who do we owe it to - the bank? wonga? Another country?

What if we can no longer pay?

Can we get it written off if we just go bankrupt?

Does anyone even know?

I do.

Do you or anyone else actually know what 'money' is?

Have you ever stopped to think about it?
 
Ive posted below ade regarding the NI hike which i think was a mistake. the 375k lost jobs are from the ONS and yesterday they announced that the more jobs were lost in july making that a fall in 10 of the last 12 months.
you cant do a hike like that which affects employers and ups costs for consumers and expect the economy to grow.
with regards to interest rates did you see that they had to vote twice for the first time in the history of the panel as they were split on dropping them to soon as inflation is still to high

Labour have gone after the 'right' people Steve.

There's no way on earth any political party would be allowed to tax the Billionaires.
 
I do.

Do you or anyone else actually know what 'money' is?

Have you ever stopped to think about it?
Money is a generally accepted medium of exchange used for buying goods and services and repaying debts. It also functions as a unit of account and a store of value. Essentially, it's a system that allows us to trade efficiently and save for the future.[UWSL] It also allows Lector to control Stanty through the medium of cans.[/UWSL]
 
Money is a generally accepted medium of exchange used for buying goods and services and repaying debts. It also functions as a unit of account and a store of value. Essentially, it's a system that allows us to trade efficiently and save for the future.[UWSL] It also allows Lector to control Stanty through the medium of cans.[/UWSL]
Martin Lewis is off.
 
Money is a generally accepted medium of exchange used for buying goods and services and repaying debts. It also functions as a unit of account and a store of value. Essentially, it's a system that allows us to trade efficiently and save for the future.[UWSL] It also allows Lector to control Stanty through the medium of cans.[/UWSL]

Wrong.

Money is debt.
 
Ignore the short silence at the beginning for about 15 seconds...


 
In particular, that video goes out to anyone on here in particular, still banging on about the 2008 crash...

Or anyone who wonders about the 1920s Great Depression, losing the Gold Standard, Lend Lease after WWII etc etc
 
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Labour have gone after the 'right' people Steve.

There's no way on earth any political party would be allowed to tax the Billionaires.
Mike i got no issue with any government going after the people who pay unscrupulous accountants to help them avoid paying any tax like the rest of us. trouble is a lot of those unscrupulous bastards are sat in parliament and the house of lords so go out of their way to make sure consecutive governments cant chase them down
 
Gutted Lector. How wheres that score you owe me
Lose Willy Wonka GIF
 
Wrong again Arf.

My entire family going back five generations have lived off the land and survived on a system of bartering and communal living.
Surely Arf must now resign
 
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