ralphmalph Posted September 1, 2009 Share Posted September 1, 2009 http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.html So after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have. So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country. Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in. Quote Link to comment Share on other sites More sharing options...
babesagainstmachines Posted September 1, 2009 Share Posted September 1, 2009 http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.htmlSo after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have. So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country. Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in. What you worrying about? We just printed it and gave it to foreigners. Eventually, they will spend it on UK goods. Quote Link to comment Share on other sites More sharing options...
spivT Posted September 1, 2009 Share Posted September 1, 2009 http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.htmlSo after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have. So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country. Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in. what financial position would that be then ? Quote Link to comment Share on other sites More sharing options...
Wait & See Posted September 1, 2009 Share Posted September 1, 2009 Hope they dry each note thouroughly before use. Saves the ink running. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 1, 2009 Share Posted September 1, 2009 what financial position would that be then ? overborrowed? under invested? unemployed? Quote Link to comment Share on other sites More sharing options...
domo Posted September 1, 2009 Share Posted September 1, 2009 We'll get it back in the end. ie bailout. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 1, 2009 Share Posted September 1, 2009 Because they need that much to bailout the UK and prop up UK property prices. Full your boots. Quote Link to comment Share on other sites More sharing options...
godless Posted September 1, 2009 Share Posted September 1, 2009 http://en.wikipedia.org/wiki/Special_Drawing_Rights Quote Link to comment Share on other sites More sharing options...
Guest Steve Cook Posted September 1, 2009 Share Posted September 1, 2009 (edited) http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.htmlSo after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have. So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country. Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in. They may have paid the IMF with quantitatively eased money. That way, when/if they need to increase the money supply at a later time, they can be "given" it back by the IMF. This makes it seem to the populations of those countries less like funny-money and more like "real" money. Just a speculation..... Edited September 1, 2009 by Steve Cook Quote Link to comment Share on other sites More sharing options...
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