Paying Bills. No Rush,

[awa355]

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

http://www.nzherald.co.nz/business/n...ectid=11352456

[mashman]

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

[Smifffy]

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

http://www.nzherald.co.nz/business/n...ectid=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

[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.. I guess the victor gets to dictate terms.