Paying Bills. No Rush,

[awa355]

Amazing:niceone: and I get a shitty text if I'm a month late with the odd bill. :brick::brick:

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11352456

[mashman]

Old scared white muthafucka rulez don't apply to you I'm afraid. You should have worked harder.

[Smifffy]

Amazing:niceone: and I get a shitty text if I'm a month late with the odd bill. :brick::brick:

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11352456

It's not an unpaid bill, it's a bond issue, and they have been paying 4% interest ever since, which averaged out probably hasn't been too bad, when you consider what you get from a bank. They are redeeming the bonds. Also those bonds have most likely been traded a great many times, making a healthy profit along the way. I don't see the problem?

[Tazz]

It's not an unpaid bill, it's a bond issue, and they have been paying 4% interest ever since, which averaged out probably hasn't been too bad, when you consider what you get from a bank. They are redeeming the bonds. Also those bonds have most likely been traded a great many times, making a healthy profit along the way. I don't see the problem?

Depends on your view of present value vs future value doesn't it? "1.26 billion pounds in interest" doesn't sound too bad on the surface mind :) and that said I don't see a huge problem with it either though considering they were bonds.

Probably a better debt than the massive hole the current government has been sliding us into despite these apparently great profits from asset sales :no:

[EJK]

Could a country be "sold off" like bankrupt companies go on liquidation? I think China is interested.

[mashman]

Yeah, but Germany had already finished paying theirs off a long time ago. (http://www.csmonitor.com/World/Europe/2010/1004/Germany-finishes-paying-WWI-reparations-ending-century-of-guilt). I guess the victor gets to dictate terms.