New Posts For Thread: oh -my-god, check out the UK national dept clockhttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clockits racing up at £5 grand a second,i guess someone got bad news.then central banks create money and buy alot of them themselves,thats going to end wellhttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098755#558098755then central banks create money and buy alot of them themselves,thats going to end wellTue, 08 Oct 2019 08:38:17 -0500In fact, they go up to 50 year gilts.http://www.worldgovernmentbonds.com/country/united-kingdom/https://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098687#558098687In fact, they go up to 50 year gilts.http://www.worldgovernmentbonds.com/country/united-kingdom/Tue, 08 Oct 2019 08:25:42 -0500WHP, money is created as debt. The government's central bank issues gilts (Government backed bonds) which are sold to the market & pay interest annually for the bond duration. The debt is repaid at the end of the bond's term. The bonds have differenthttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098671#558098671WHP, money is created as debt. The government's central bank issues gilts (Government backed bonds) which are sold to the market & pay interest annually for the bond duration. The debt is repaid at the end of the bond's term. The bonds have differentTue, 08 Oct 2019 08:23:47 -0500the chinese have more debt than ushttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098601#558098601the chinese have more debt than usTue, 08 Oct 2019 08:05:06 -0500the chinese will continue to lend us money to buy their goodsat some future point they will own ushttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098591#558098591the chinese will continue to lend us money to buy their goodsat some future point they will own usTue, 08 Oct 2019 08:02:16 -0500Am I right in saying that governments only ever actually borrow from themselves?https://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098589#558098589Am I right in saying that governments only ever actually borrow from themselves?Tue, 08 Oct 2019 08:02:04 -0500The national debt only matters when there is a Labour government.https://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098361#558098361The national debt only matters when there is a Labour government.Tue, 08 Oct 2019 07:19:08 -0500I do not think any country will ever pay off their national debt imoCountries just pay the interest....if they cannot pay the interest they will be essentially bankrupt.Their debt would spiral out of controlhttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558098095#558098095I do not think any country will ever pay off their national debt imoCountries just pay the interest....if they cannot pay the interest they will be essentially bankrupt.Their debt would spiral out of controlTue, 08 Oct 2019 06:29:28 -0500check out the usa debt clockhttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558097857#558097857check out the usa debt clockTue, 08 Oct 2019 05:40:58 -0500correction=debthttps://community.betfair.com/chit_chat/go/thread/view/94038/31588391/oh--my-god-check-out-the-uk-national-dept-clock?post_id=558097801#558097801correction=debtTue, 08 Oct 2019 05:30:53 -0500