National Debts Jubi...
 

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[Closed] National Debts Jubilee ?

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Since most countries are heavily indebted, and it's causing widespread retrenchement and misery, why don't we have a Jubilee, where all debts are cancelled? After all, the money must be owed mostly to banks, which in turn are now mostly owned by the governments who bailed them out, so just scrap the banks and make some new ones.


 
Posted : 25/05/2010 12:10 pm
 btbb
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Would we all get a day off work


 
Posted : 25/05/2010 12:16 pm
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And a free china mug 🙂


 
Posted : 25/05/2010 12:17 pm
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I suspect we owe money to China mostly


 
Posted : 25/05/2010 12:18 pm
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Oh, so no free mug then 😥


 
Posted : 25/05/2010 12:19 pm
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But how much would the local authorities fork out on the street parties? Could end up costing more than wsa saved?


 
Posted : 25/05/2010 12:21 pm