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Paul1965
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 8:29 pm Posts: 5975
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More from The Independent here. As the first comment below the article states:"Given that the UK currently has a debt of over £1 trillion does this make the UK richer or poorer than Zimbabwe?"
_________________ "I hadn't known there were so many idiots in the world until I started using the Internet." - Stanislaw Lem
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Wed Jan 30, 2013 1:59 pm |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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I'm going to become a major investor with some change I found in my coat 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Wed Jan 30, 2013 9:38 pm |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm Posts: 17040
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TBF, it's more than I've got. Mind you, I get paid tomorrow, I don't think Zimbabe gets a salary...
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Wed Jan 30, 2013 9:40 pm |
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MrStevenRogers
Spends far too much time on here
Joined: Fri Apr 24, 2009 9:44 pm Posts: 4860
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but Mr Mugabe has a few billions/trillions stashed maybe he can help them out ...
as a foot note France is skint as well, oh hum ...
_________________ Hope this helps . . . Steve ...
Nothing known travels faster than light, except bad news ... HP Pavilion 24" AiO. Ryzen7u. 32GB/1TB M2. Windows 11 Home ...
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Wed Jan 30, 2013 10:03 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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If you were to look at the debts of most countries we are all in the same mess. Governments have been responsible for a drop in regulations which has allowed banks to lend furiously and rely on savers in China and elsewhere to fund this debt binge.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Wed Jan 30, 2013 11:59 pm |
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big_D
What's a life?
Joined: Thu Apr 23, 2009 8:25 pm Posts: 10691 Location: Bramsche
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Hmm, better than the USA or even the UK, which have minus several trillion...
_________________ "Do you know what this is? Hmm? No, I can see you do not. You have that vacant look in your eyes, which says hold my head to your ear, you will hear the sea!" - Londo Molari
Executive Producer No Agenda Show 246
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Thu Jan 31, 2013 5:09 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Deutsche Bank also has massive losses all across Europe so don't get too cocky. It is still not out of the woods and not even Germany could bail it out in a new crisis.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Thu Jan 31, 2013 12:56 pm |
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JJW009
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 6:58 pm Posts: 8767 Location: behind the sofa
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So is China the only country with any cash? Given their recent history of exploding everythings I hope they manage to keep the piggy bank safe!
_________________jonbwfc's law: "In any forum thread someone will, no matter what the subject, mention Firefly." When you're feeling too silly for x404, youRwired.net
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Thu Jan 31, 2013 1:03 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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The Middle east is okay. Even countries like the Lebanon have very solvent banks with no risk of collapse. Most of Asia is pretty solvent, though China has large savings it also has a huge property bubble that is currently deflating and whether its banks will be solvent once that has finished is another matter.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Thu Jan 31, 2013 1:23 pm |
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