tag:blogger.com,1999:blog-2249851329008146395.post3110382565212297168..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: New Labour will bankrupt usAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2249851329008146395.post-56792675495610333472009-04-23T09:21:00.000-07:002009-04-23T09:21:00.000-07:00The UK is bankrupt. That sums it up.The UK is bankrupt. That sums it up.Joshnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-55904669391792830352009-04-23T12:01:00.000-07:002009-04-23T12:01:00.000-07:00Ouch!Ouch!K T Cathttp://www.blogger.com/profile/10259428595745509790noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-917520456609373392009-04-23T12:10:00.000-07:002009-04-23T12:10:00.000-07:00And what's the penalty for knowingly operating...And what's the penalty for knowingly operating a insolvent organisation?Man in a Shedhttp://www.blogger.com/profile/00990902055642035293noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-11224118709096439802009-04-23T14:37:00.000-07:002009-04-23T14:37:00.000-07:00Its not bankrupt, its insolvent.Its not bankrupt, its insolvent.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-1951064934293806362009-04-23T15:32:00.000-07:002009-04-23T15:32:00.000-07:00A watershed moment - we're coming off the top ...A watershed moment - we're coming off the top table of nations - with this financial position I don't see how we can stay on.<br><br>+ if we're insolvent we should liquidate. As I don't see how we could liquidate without compromising national security, we'll have to default. To default is to be bankrupt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-41885912379974651542009-04-23T16:53:00.000-07:002009-04-23T16:53:00.000-07:00Does this chart include the presumably significant...Does this chart include the presumably significant going-concern value of HM Revenue & Customs? ;)Reino Ruusuhttp://www.blogger.com/profile/10454242055654173650noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-11111078553620634152009-04-24T00:33:00.000-07:002009-04-24T00:33:00.000-07:00When an institution owes more than it owns, it is ...<i> When an institution owes more than it owns, it is bankrupt. </i>No! It is bankrupt when it cannot pay current expenses with current income (assuming it cannot borrow to pay because there are no net assets).<br><br>Just default already - Defaults happens all the time in Latin America; Besides, it would be fun to watch the panic.fajensennoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-50110737096024493652009-04-24T07:58:00.000-07:002009-04-24T07:58:00.000-07:00big merve will step in long before that happensbig merve will step in long before that happensroymhttp://www.blogger.com/profile/11040387761432476794noreply@blogger.com