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National Debts Jubi...
 

[Closed] National Debts Jubilee ?

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[#1641445]

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 1:10 pm
 btbb
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Would we all get a day off work


 
Posted : 25/05/2010 1:16 pm
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And a free china mug ๐Ÿ™‚


 
Posted : 25/05/2010 1:17 pm
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I suspect we owe money to China mostly


 
Posted : 25/05/2010 1:18 pm
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Oh, so no free mug then ๐Ÿ˜ฅ


 
Posted : 25/05/2010 1:19 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 1:21 pm