Cyclone Posted December 12, 2011 Share Posted December 12, 2011 England should just go bankrupt and have their debts written off, then start again. People who work would still get paid anyhow. It would only be rich people who suffer which sounds good to me. Everyone would suffer since we wouldn't be able to borrow money any more. Link to comment Share on other sites More sharing options...
Tardis Posted December 12, 2011 Author Share Posted December 12, 2011 Why don't we just take all the money off the top 1% that would pay off everything and leave us with a surplus? We won't because we as a people are stupid sheep. That is an excellent idea and one that I would go for 100%. Most of them are living off inherited wealth or wealth earned by others anyhow. Lets have a snatch! Link to comment Share on other sites More sharing options...
CXC3000 Posted December 12, 2011 Share Posted December 12, 2011 England should just go bankrupt and have their debts written off, then start again. Er, we are bankrupt. It's just that politicians don't want us to believe that. Link to comment Share on other sites More sharing options...
JFKvsNixon Posted December 12, 2011 Share Posted December 12, 2011 Everyone would suffer since we wouldn't be able to borrow money any more. Especially so when you consider we had to borrow £170.8 billion in the financial year 2009/10 to run the country. We've seen the fury over cuts of around £10 billion per year, imagine what cuts of £170.8 billion per year would do to the country. Armageddon. Link to comment Share on other sites More sharing options...
Tardis Posted December 12, 2011 Author Share Posted December 12, 2011 Er, we are bankrupt. It's just that politicians don't want us to believe that. Oh. Well that is OK then. Link to comment Share on other sites More sharing options...
spooky3 Posted December 12, 2011 Share Posted December 12, 2011 Er, we are bankrupt. It's just that politicians don't want us to believe that. So are you saying that all our debts have been written off? Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted December 12, 2011 Share Posted December 12, 2011 Anyway, 'England' has no debts. It is not a state recognised internationally. Did OP mean the UK? Link to comment Share on other sites More sharing options...
CXC3000 Posted December 12, 2011 Share Posted December 12, 2011 So are you saying that all our debts have been written off? You know what I mean, spooks... Link to comment Share on other sites More sharing options...
spooky3 Posted December 12, 2011 Share Posted December 12, 2011 You know what I mean, spooks... I know you ain't got a clue! We have not gone bankrupt! You are simply wrong! Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted December 12, 2011 Share Posted December 12, 2011 Another point: only an individual can 'go bankrupt'. A corporate entity cannot. Link to comment Share on other sites More sharing options...
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