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Old 12-29-06, 08:05 AM   #1
STEED
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Listen up America and Canada

Today we have payed off our 54 million pound debt from WW2.

PS: Thank you for your contribution in WW2.
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Last edited by STEED; 12-29-06 at 08:34 AM.
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Old 12-29-06, 08:33 AM   #2
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Ironic, you played the lead role in Saving Western Civilization and end up owing us money.

Bravo, Britain, bravo.
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Old 12-29-06, 08:42 AM   #3
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Anyone know what that would be in today's money?
Oh yeah, I read in todays paper that the U.S. added on back interest so thats another 150,000,000 pounds you owe us. Congress said they'd take Tiny Tim and Boy George in trade though.
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Old 12-29-06, 11:57 AM   #4
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Sorry, you can't have Boy George but you can have [sickly] Graham Norton instead

:rotfl:
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Old 12-29-06, 12:06 PM   #5
Letum
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Quote:
Originally Posted by bradclark1
Anyone know what that would be in today's money?
Oh yeah, I read in todays paper that the U.S. added on back interest so thats another 150,000,000 pounds you owe us. Congress said they'd take Tiny Tim and Boy George in trade though.
The origional debt was more than 52 million in todays money, but less than 52 million at the time.


The ammount owed constantly changed with the intrest added on each year.


*Edit* Are you sure its not 52 billion?? 52 million is peanuts.

The UK is still in a vast ammount of debt tho, much of it to America.

The UK national debt as at the end of 2003 - the last date for accurate(ish) figures was...£437.4 billion
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Old 12-29-06, 01:13 PM   #6
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That was one debt worth getting into! Good job.

I just hope it doesn't take me this long to pay off my student loans
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Old 12-29-06, 04:56 PM   #7
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That's cool, Steed. I wish I could pay off my debts.:p
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Old 12-29-06, 07:34 PM   #8
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Quote:
Originally Posted by CCIP
That was one debt worth getting into! Good job.

I just hope it doesn't take me this long to pay off my student loans
Not saying anything about student loans.

PS Good on ya Brits.
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Old 12-30-06, 06:17 AM   #9
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Quote:
Originally Posted by Letum
The UK is still in a vast ammount of debt tho, much of it to America.

The UK national debt as at the end of 2003 - the last date for accurate(ish) figures was...£437.4 billion
that is negligable compared to the debt the US has. national economies are a just a bit dodgy that way. you can owe lots but it doesnt matter as long as the economy can hold it. Britain may be in debt but compared to unstable economies like zimbabwe our financial 'troubles' are trife.

this latest payment of £45 million is the last of 80 or so.

nb, the us offered to write off the debt years ago the other countries under the land-lease scheme accepted, Britain refused and payed off the full debt on principle.
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