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Why don't the government just refuse to pay it back watch

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    Well why waste time paying back debts and making cuts when you can just refuse to pay it back my solution is flawless and anyone who disagrees will be nuked because the UK owns nukes and we aren't afraid to use them.
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    Because no one would trust us again and if we threaten them they'd probably join forces with other countries we owe money/have pissed off and together they'd gang rape us.
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    we are legally bound to pay it back
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    Cool story Bro.
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    (Original post by Jacktri)
    Well why waste time paying back debts and making cuts when you can just refuse to pay it back my solution is flawless and anyone who disagrees will be nuked because the UK owns nukes and we aren't afraid to use them.
    Because why would anyone lend to us again after that? And the lenders who owe us money most likely live in countries that also own nukes and perhaps also 'aren't afraid to use them.'
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    they lend you money, then you kill them?
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    (Original post by rugbyladosc)
    we are legally bound to pay it back
    They make the laws they can change the laws
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    (Original post by Luhar)
    they lend you money, then you kill them?
    Well that will teach then for being so naive
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    (Original post by Jacktri)
    They make the laws they can change the laws
    (Original post by Jacktri)
    Well that will teach then for being so naive
    lol, i'm not going to waste my time on this one...
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    You're right, the UK is easily the biggest military power on the planet...



    Oh, wait :erm:
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    (Original post by ilovedubstep)
    Because why would anyone lend to us again after that? And the lenders who owe us money most likely live in countries that also own nukes and perhaps also 'aren't afraid to use them.'
    It will blow over in a few years only a few hundred years ago the Americans were evil traitors to the crown now we are happily sailing round the world hand in hand and we will just have to label any opposition terrorists and invade them before they nuke us
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    (Original post by Nick Longjohnson)
    You're right, the UK is easily the biggest military power on the planet...



    Oh, wait :erm:
    We will become friends with China then together with our buddy USA we will be the unstoppable trio
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    (Original post by Jacktri)
    We will become friends with China then together with our buddy USA we will be the unstoppable trio
    :rofl:
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    We can. That's what happens when we default on loans. What happens then is that the government becomes seen as untrustworthy and are considered a high-risk group to loan to. We destroy our international credit rating.

    That's my rough understanding to it.
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    Yes because none of the debt is owned to businesses and people living in the UK, none at all :rolleyes:.
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    (Original post by Jacktri)
    We will become friends with China then together with our buddy USA we will be the unstoppable trio
    Right, i saw how the great buddy USA helped out immensely in the Falklands ****storm a few months ago.

    And im sure China will willingly team up with Team America and Britain, considering most of the debt is owed to China.
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    (Original post by Fusilero)
    We can. That's what happens when we default on loans. What happens then is that the government becomes seen as untrustworthy and are considered a high-risk group to loan to. We destroy our international credit rating.

    That's my rough understanding to it.
    Who cares about our international credit rating I thought the aim was to stop borrowing money not paying off all the debts then starting new debts
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    (Original post by tieyourmotherdown)
    Yes because none of the debt is owned to businesses and people living in the UK, none at all :rolleyes:.
    Then those people and businesses will be destroyed for treason we shal plant the evidence and the public will lap it up and call for their heads
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    (Original post by Jacktri)
    Who cares about our international credit rating I thought the aim was to stop borrowing money not paying off all the debts then starting new debts
    Because then no one will loan us money. We need money.

    The stated goal is to balance the deficit, not stop borrowing.
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    (Original post by Fusilero)
    Because then no one will loan us money. We need money.

    The stated goal is to balance the deficit, not stop borrowing.
    what do we need money for we already have roads and schools do we really want yachts for everyone too?
 
 
 
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