John (John K.)
Global Troll-buster and
Legendary
 Offline
Activity: 1288
Merit: 1226
Away on an extended break
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January 24, 2012, 02:42:36 AM |
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I am selling kujoking's debt. Any serious offers? PM me for details.
This would be somewhat like bailing out Greece  |
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ineededausername
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January 24, 2012, 02:47:58 AM |
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I am selling kujoking's debt. Any serious offers? PM me for details.
This would be somewhat like bailing out Greece  |
(BFL)^2 < 0
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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January 24, 2012, 02:48:12 AM |
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I don't think the comparison is fair. Greece has absolutely no chance of ever repaying their debt. Ever. kujoking might still pay everyone back.
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Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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brendio
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January 24, 2012, 02:49:19 AM |
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To everyone else who loaned to kujoking: He isn't responding to PMs, emails, invites to gtalk or skype requests, and refuses to publicly answer my questions on this forum. I've come to expect a default To kujoking: I'd be very grateful if you would at least address some of our concerns. If you began to answer questions and hadn't pulled the "sent coins by accident to someone else" excuse on us, this would look a lot less shady. To everyone: I am selling kujoking's debt. Any serious offers? PM me for details. I bid 0.01 BTC. |
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John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1226
Away on an extended break
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January 24, 2012, 02:55:51 AM |
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I don't think the comparison is fair. Greece has absolutely no chance of ever repaying their debt. Ever. kujoking might still pay everyone back.
I thought I did hear that Germany or the European Union are planning to give out loans to Greece, which they'll have to repay? If that wasn't the case, it would be more like financial aid, not a loan already.  (correct me if I'm wrong) |
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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January 24, 2012, 03:12:06 AM |
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which they'll have to repay Didn't they already promise to pay and "have to repay" all the debt that is currenty being written off? Greece has a very long history of running up debt and then defaulting. Nothing has changed. The Greek people have learned that they can get something for nothing and now they expect it. Over and over again. No one should lend them another dime. |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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PatrickHarnett
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January 24, 2012, 03:16:23 AM |
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which they'll have to repay Didn't they already promise to pay and "have to repay" all the debt that is currenty being written off? Greece has a very long history of running up debt and then defaulting. Nothing has changed. The Greek people have learned that they can get something for nothing and now they expect it. Over and over again. No one should lend them another dime. Sorry for being off topic, but the US government also has a long history of default as well - I did some research into sovereign defaults some months ago. |
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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January 24, 2012, 03:26:26 AM |
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Now that is interesting. I am in the US and the impression I got from my public school education is that the US has never defaulted on a single loan (yet). I will have to check that out! Googling now...
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Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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imsaguy
General failure and former
VIP
Hero Member
Offline
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
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January 24, 2012, 03:40:20 AM |
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Now that is interesting. I am in the US and the impression I got from my public school education is that the US has never defaulted on a single loan (yet). I will have to check that out! Googling now...
I too thought the closest the US came to a default on its sovereign debt was this last year during the budget fiasco. |
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PatrickHarnett
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January 24, 2012, 04:27:18 AM |
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The following list includes actual sovereign defaults and debt restructuring of independent countries from 1300 till 2008:[15] blah blah blah United States (1779 (devaluation of Continental Dollar), 1790, 1862,[ref 17] 1933 (see Executive Order 6102),[ref 16] 1971 (Nixon Shock) - 9 states (1841–1842)[ref 16] - 10 states and many local governments (1873-83 or 1884)[ref 16] The "Nixon Shock" is well worth reading about and the events leading up to the abandonment of the gold standard. Also cross reference inflation and deflation over time for fun. http://en.wikipedia.org/wiki/Sovereign_default |
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