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About LinkBacksNo, it should hang in the sky above us all, like the alien mothership in Independence Day.Originally Posted by mollox
No, it should hang in the sky above us all, like the alien mothership in Independence Day.
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Numbers I can't even fathom. Can some put this in material terms? e.g. would this be like the value of Canada or the moon or something. Brilliant though.
IRELAND will spend €5.2 billion – 16% of all tax collected – on servicing a record national debt of €116 billion in 2010, as the country pays interest rates of almost 6% to fund Government spending
16% of tax take to service Irish debt in 2010 | Irish Examiner
Options: IMF/EU, Default, Debt slave monkeys
Can Bono not just get it canceled in a few years time?
This clock should be put on the p.ie front page.
'Personally, I find the notion of changing our constitution in exchange for a loan absolutely disgusting'. - Tin Foil Hat
I wonder if the creator had the foresight for it to handle 12 digits............
And stick this up next to it
Nice to see a useful spin off of the idea....but will we turn this off if it reverses - easy to demotivate people, more difficult to keep them motivated....
NYC: National Debt Clock on Flickr - Photo Sharing!
We are "they"
the only way it would reverse if it was an actual debt clock, and cullen was put in charge of tender to get the clock, then it would go backwards alright...
Repudiate the national debt. Burn the creditors and start again from scratch. Nobody will thenceforth lend to us which will be a good thing. Governments should not be permitted to borrow anyway. Borrowing is only deferred taxation.
Tu Ne Cede Malis Sed Contra Audentior Ito
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