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Thread: Britain fails to pay off US WW1 loan

  1. May 10th, 2006, 10:40 AM #1
    yrwyddfa
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    Britain fails to pay off US WW1 loan

    . . . but will pay the last installment of their (our) WW2 loan this December.

    http://news.bbc.co.uk/1/hi/magazine/4757181.stm
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  2. May 10th, 2006, 11:01 AM #2
    space_monkey
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    Re: Britain fails to pay off US WW1 loan

    Its about freaking time.
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  3. May 10th, 2006, 11:03 AM #3
    yrwyddfa
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    Re: Britain fails to pay off US WW1 loan

    We apologise. The Queen will be around shortly to revoke your independence.
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  4. May 10th, 2006, 11:09 AM #4
    space_monkey
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    Re: Britain fails to pay off US WW1 loan

    Break out the red coats and muskets boys!
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  6. May 10th, 2006, 01:39 PM #5
    Merrion
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    Re: Britain fails to pay off US WW1 loan

    I thought we were putting up with that awful Madonna woman in lieu of interest on those loans - bah!
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  7. May 10th, 2006, 03:39 PM #6
    space_monkey
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    Re: Britain fails to pay off US WW1 loan

    I had heard somewhere that she had been exiled to some remote and distant island, just didn't realize.......
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  8. May 15th, 2006, 09:21 AM #7
    nemaroller
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    Re: Britain fails to pay off US WW1 loan

    Just sign the check over to the Japanese banks... that would cut our debt to them to around $650 billion.
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  9. May 15th, 2006, 03:14 PM #8
    zaza
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    Re: Britain fails to pay off US WW1 loan

    Hm, and I hear that the Chinese are also using all their spare cash to buy US government debt. That's gotta please Uncle Sam...
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  11. May 16th, 2006, 03:12 PM #9
    Moon Pie
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    Re: Britain fails to pay off US WW1 loan

    Quote Originally Posted by zaza
    Hm, and I hear that the Chinese are also using all their spare cash to buy US government debt. That's gotta please Uncle Sam...
    Yep! Load 'em up with it, and then default on it.
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