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India debt free? - 7/5/2011 4:36:39 PM   
tazzygirl


Posts: 37833
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Status: offline 		http://www.npr.org/blogs/thetwo-way/2011/07/05/137627235/some-22-billion-in-gold-diamonds-jewels-found-in-indian-temple?sc=fb&cc=fp

Must be nice!


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RE: India debt free? - 7/5/2011 6:59:23 PM   
SternSkipper


Posts: 7546
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quote:

Must be nice!


Wouldn't shock me... it's a place where people still die of starvation and they basically scored a truly massive percentage of the technical service related jobs that used to be done by US workers.



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RE: India debt free? - 7/5/2011 8:42:48 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		With a population of 1.21 Billion, that money wouldnt go far if given to the people.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to SternSkipper)
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RE: India debt free? - 7/5/2011 8:47:21 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline 		Very limited social programs. "must be nice"? Its no coincidence. You cant give away your cake and eat it too.

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gone to ground.

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RE: India debt free? - 7/5/2011 9:04:09 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		This had nothing to do with the presence or absence of social programs.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to willbeurdaddy)
Profile   Post #: 5
RE: India debt free? - 7/5/2011 9:38:49 PM   
FirstQuaker


Posts: 787
Joined: 3/19/2011
Status: offline 		Enjoy - http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

You can click on the little thingys to rearrange the list by the various fields either ascending of descending.

Interesting to see the number of countries receiving foreign aid that are well down on the list of what they owe anyone. Mexico especially.

If I were British I would be worried about their place however. I happen to know fully 70 some percent of their external debt is short term (i.e. less then a year in term) , a modest raise in interest rates woudl be lethal. The US has about 22% in short term loans, or so it is alleged.

Ireland and Luxemburg top the list as to debt/percentage of GDP, I don't know how any Luxemburg resident plans to pay off his 3.7 million some USD share of it.

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RE: India debt free? - 7/5/2011 10:28:44 PM   
SternSkipper


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quote:

Very limited social programs. "must be nice"? Its no coincidence. You cant give away your cake and eat it too.


Lemme get on expedia and book your flight


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Looking forward to The Dead Singing The National Anthem At The World Series.




Tinfoilers Swallow


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RE: India debt free? - 7/5/2011 10:53:32 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		Taking up donations?

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to SternSkipper)
Profile   Post #: 8
RE: India debt free? - 7/6/2011 5:19:01 AM   
Moonhead


Posts: 16520
Joined: 9/21/2009
Status: offline 		Donations? Maybe we could fix him up with a couple of loans instead. That'll help him fit in better when he gets there...

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RE: India debt free? - 7/6/2011 5:46:49 AM   
SternSkipper


Posts: 7546
Joined: 3/7/2004
Status: offline
quote:

Taking up donations?


I'll get you the paypal address right away


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Looking forward to The Dead Singing The National Anthem At The World Series.




Tinfoilers Swallow


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RE: India debt free? - 7/6/2011 7:15:12 AM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: tazzygirl

This had nothing to do with the presence or absence of social programs.


Being debt free most certainly does.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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RE: India debt free? - 7/6/2011 7:25:36 AM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: FirstQuaker

Enjoy - http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

You can click on the little thingys to rearrange the list by the various fields either ascending of descending.

Interesting to see the number of countries receiving foreign aid that are well down on the list of what they owe anyone. Mexico especially.

If I were British I would be worried about their place however. I happen to know fully 70 some percent of their external debt is short term (i.e. less then a year in term) , a modest raise in interest rates woudl be lethal. The US has about 22% in short term loans, or so it is alleged.

Ireland and Luxemburg top the list as to debt/percentage of GDP, I don't know how any Luxemburg resident plans to pay off his 3.7 million some USD share of it.



Those are listings of Gross Debt and very misleading, unless you think that what those countries are owed will be forgiven. Net debt is far more relevant if the country doesnt have a track record of waiving debt.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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RE: India debt free? - 7/6/2011 7:27:46 AM   
PhilSlave


Posts: 410
Joined: 2/2/2011
Status: offline 		Asia will inherit everything within 40 years. The US will have had an empire for a very short amount of time.

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RE: India debt free? - 7/6/2011 7:41:03 AM   
Moonhead


Posts: 16520
Joined: 9/21/2009
Status: offline 		I thought you guys had been quite careful not to call it an empire?

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to PhilSlave)
Profile   Post #: 14
RE: India debt free? - 7/6/2011 8:14:24 AM   
Anarrus


Posts: 475
Joined: 11/8/2005
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quote:

ORIGINAL: willbeurdaddy

Very limited social programs. "must be nice"? Its no coincidence. You cant give away your cake and eat it too.



Apparently Marie Antoinette "Let them eat cake"( or so it's commonly attributed) thought so too.
Look where it got her.

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RE: India debt free? - 7/6/2011 11:14:43 AM   
Moonhead


Posts: 16520
Joined: 9/21/2009
Status: offline 		That isn't even her best line, sadly.
One of her maids told her that the peasants were revolting. Marie Antoinette's reply? "Don't worry, dear: you'll soon get used to how revolting they are."

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to Anarrus)
Profile   Post #: 16
RE: India debt free? - 7/6/2011 11:27:12 AM   
thishereboi


Posts: 14463
Joined: 6/19/2008
Status: offline
quote:

ORIGINAL: Moonhead

Donations? Maybe we could fix him up with a couple of loans instead. That'll help him fit in better when he gets there...


I will donate some, but only if you can assure me he won't have access to cm there. Otherwise what is the point.

and tazzy, I clicked on your signature link and it says "access denied"


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Profile   Post #: 17
RE: India debt free? - 7/6/2011 11:37:44 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		Yeah, my bad. Julia pointed out its dead... lol.... i forgot to delete it. Will now though. Sorry!

~see, I can too admit when im wrong.... when im wrong.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to thishereboi)
Profile   Post #: 18
RE: India debt free? - 7/6/2011 1:05:35 PM   
thishereboi


Posts: 14463
Joined: 6/19/2008
Status: offline 		lol

I stand corrected


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RE: India debt free? - 7/6/2011 4:37:18 PM   
rawtape


Posts: 105
Joined: 10/31/2006
Status: offline
quote:

ORIGINAL: Moonhead

I thought you guys had been quite careful not to call it an empire?


Ron Suskind, quoting an unnamed Bush aide (later identified as Karl Rove) in a New York Times Magazine article:

The aide said that guys like me were "in what we call the reality-based community," which he defined as people who "believe that solutions emerge from your judicious study of discernible reality." ... "That's not the way the world really works anymore," he continued. "We're an empire now, and when we act, we create our own reality. And while you're studying that reality—judiciously, as you will—we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors…and you, all of you, will be left to just study what we do."


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Profile   Post #: 20
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