Originally posted by sasguru
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ConDems will solve the deficit
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Originally posted by Old Greg View PostNo. The other way is to nationalise the debt.Comment
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Originally posted by AtW View PostI think you may find that the proper name for what you propose is "default".
I bring the debt into democratic ownership
You default
He has had all overseas assets confiscated due to Vulture Fund legal actionComment
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Originally posted by Old Greg View PostI bring the debt into democratic ownership You default He has had all overseas assets confiscated due to Vulture Fund legal action
Unions already go on strikes for smaller than expected salary increases, what do you think they'll do if they can't get paid? By the way in the event of state default foreign property of state (embassies for example) can be sold off to cover for it.Comment
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Originally posted by AtW View PostCretin, it would be UK banks, pension funds and other entities that hold UK gilts that go bust because they'll have massive write downs.
I won't go into your problems.Comment
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