Independent Leyton Orient Forum

Who exactly is the Govt "borrowing" from to fund so much borrowing?

Thought you were a finance guy who would know such things?

Could be :- A family of tiny people who live secretly in the walls and floors of an English house and "borrow" from the big people in order to survive.
Maybe James Dyson

[quote="Max B Gold" post_id=141142 time=1601064875 user_id=87]
Who exactly is the Govt "borrowing" from to fund so much borrowing?


Great Britain (am I allowed to say this anymore?Any ‘Wokes’ on line?) is substantial security still. This is why everyone strives to get here! Still best in the world!

2 Trillion in debt
101 % of GDP

Oh dear

Through the financial markets, so basically China.

From us

Prestige Worldwide wrote: ↑Fri Sep 25, 2020 9:16 pm Thought you were a finance guy who would know such things?

I do. I'm trying to simplify it for morons. Like you.

The plot will be revealed and finance demystified as the thread progresses. Unless of course you ban me AGAIN for telling the truth.

Dont be so passive aggressive and impatient.

That said, have you got an answer?

The Mindsweep wrote: ↑Fri Sep 25, 2020 10:56 pm Through the financial markets, so basically China.

Who will own the debt?

Max B Gold wrote: ↑Sat Sep 26, 2020 12:10 am

Prestige Worldwide wrote: ↑Fri Sep 25, 2020 9:16 pm Thought you were a finance guy who would know such things?

I do. I'm trying to simplify it for morons. Like you.

The plot will be revealed and finance demystified as the thread progresses. Unless of course you ban me AGAIN for telling the truth.

Dont be so passive aggressive and impatient.

That said, have you got an answer?

Haha you're so delicate

It’s from the fruits of the magic money tree on Jezza’s allotment, innit. The one planted next to the magic beans.

Future taxpayers and the environment

The Mindsweep wrote: ↑Fri Sep 25, 2020 10:56 pm Through the financial markets, so basically China.

Don't forget the Southern Persian Gulf countries - huge sovereign wealth funds there, Norway with a massive sovereign investment fund collected from North Sea oil taxes, Russia and the good old US of A. Plus private banks in places such as Luxembourg & Lichtenstein, and those in the dodgy "offshore" places.

It’s not borrowing.

It’s an investment in our future.

Good to see the queen claiming money back off her taxpayers for a bit of a downturn in her investments and properties

China effectively bailed out the West in 2008/09 and has invested heavily in Africa. They have replaced the Middle Eastern oil rich countries as the USA's biggest lender. They now control the purse strings of the world. Control wise, Russia has a similar influence with regards to engery over much of Central and South Eastern Europe.

The UK leaving the European Union is of little consequence in the scheme of things.

EliotNes wrote: ↑Sat Sep 26, 2020 10:03 am

The Mindsweep wrote: ↑Fri Sep 25, 2020 10:56 pm Through the financial markets, so basically China.

Don't forget the Southern Persian Gulf countries - huge sovereign wealth funds there, Norway with a massive sovereign investment fund collected from North Sea oil taxes, Russia and the good old US of A. Plus private banks in places such as Luxembourg & Lichtenstein, and those in the dodgy "offshore" places.

I forgot my friends in Taiwan. More foreign exchange and gold reserves than the whole of the EU and always looking to “buy” influence because of their dispute with PR China.

Quite liked Studio Ghibli’s adaptation of Mary Norton’s classic novel.

EliotNes wrote: ↑Sat Sep 26, 2020 11:02 am

EliotNes wrote: ↑Sat Sep 26, 2020 10:03 am

The Mindsweep wrote: ↑Fri Sep 25, 2020 10:56 pm Through the financial markets, so basically China.

Don't forget the Southern Persian Gulf countries - huge sovereign wealth funds there, Norway with a massive sovereign investment fund collected from North Sea oil taxes, Russia and the good old US of A. Plus private banks in places such as Luxembourg & Lichtenstein, and those in the dodgy "offshore" places.

I forgot my friends in Taiwan. More foreign exchange and gold reserves than the whole of the EU and always looking to “buy” influence because of their dispute with PR China.

All foreign buyers of debt.

Have you considered the UK based individuals, companies, Banks and Hedge Funds who hide behind Cayman island and other tax offshore vehicles?

There's been a perceptible increase in allocation to gilts in my funds. So I guess the answer is; me.

Max B Gold wrote: ↑Sat Sep 26, 2020 10:36 pm
All foreign buyers of debt.

Have you considered the UK based individuals, companies, Banks and Hedge Funds who hide behind Cayman island and other tax offshore vehicles?

Yes.

Given that all money is little more than a credit note that enables us to continue despoiling the natural environment, it’s a bit of a subsidiary issue.

Here educate yourselves.

https://www.investopedia.com/terms/f/fr ... anking.asp

Max B Gold wrote: ↑Fri Sep 25, 2020 9:14 pm Who exactly is the Govt "borrowing" from to fund so much borrowing?

Rumour has it that it’s a Mr D. Macklin of Leyton E10