No one seems to care that barely any of Greece's debts are owed to the UK

We don't participate in Eurozone bailouts for obvious reasons, so apart from our IMF contribution, we have no exposure. Admittedly British banks are exposed, but still much less than the Eurozone and the US. This pales in comparison to Germany, who have nearly ?100bn at stake. Poor Malta have 5% of their GDP tied up in this mess.

With this in mind, I find it quite inappropriate for Corbyn and his like to be calling for debt cancellation. It's like sitting in the pub and shouting at other people to pay for your drunk friend's drinks.

Posted By: King on June 30th 2015 at 11:18:49

Message Thread

Someone please help me here....Jeremy Corbyn wants debt cancellation for Greece? How on (General Chat) - BINMEN8R, Jun 30, 10:43:40
- depends on what the consequences for Greece are (General Chat) - CWC, Jun 30, 13:12:16
- No one seems to care that barely any of Greece's debts are owed to the UK (General Chat) - King, Jun 30, 11:18:49
  - yeah but you enticed the drunk into your pub, plied him with 50p shots (General Chat) - Knitted Jesus, Jun 30, 11:43:04
    - It's not my pub! (General Chat) - King, Jun 30, 11:50:17
      - Lol, I know but you get my point. (General Chat) - Knitted Jesus, Jun 30, 12:02:01
        
        Not particularly. (n/m) (General Chat) - King, Jun 30, 12:16:26
- he's basically just asking for honesty isn't he? (General Chat) - mr carra, Jun 30, 11:15:37
- A deal will be struck eventually. Greece will stay in europe. (General Chat) - Tony Martin, Jun 30, 11:12:11
- "funded by recovering money from the banks and financial speculators who were the real ben (General Chat) - Ralf Scrampton, Jun 30, 10:47:51
- I'm gonna try that approach with Santander (n/m) (General Chat) - Jumbo1, Jun 30, 10:46:05
- Why not just cancel all debt and money (General Chat) - SCC 28, Jun 30, 10:45:24
  - the money released with quantive easing they could have (General Chat) - Pixelman, Jun 30, 11:01:17
  - That's an old idea from Christianity and Judaism: Jubilee (General Chat) - Knitted Jesus, Jun 30, 10:52:06
    - Cool only concern is that it would help ipswich so I'm out (n/m) (General Chat) - SCC 28, Jun 30, 11:05:25

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.