http://wallstreetpit.com/12472-who-are-the-worlds-biggest-debtor-nations Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://wallstreetpit.com/12472-who-are-the-worlds-biggest-debtor-nations#comment-146183 Citizen X Fri, 16 Apr 2010 20:08:04 +0000 http://wallstreetpit.com/?p=12472#comment-146183 Oh for the love of God, socialism has nothing to do with this unless you mean privatization of bank profits and socialization of bank costs. I guarantee you, that money didn't go anywhere near Ireland's health service. And another thing: 5 years ago rightwingers in the US were praising Ireland for being the capitalist wonderchild of Europe. Now we're in debt because we're socialist? How does that work? This has to do with the monetary straightjacket of the Euro more than anything else. Oh for the love of God, socialism has nothing to do with this unless you mean privatization of bank profits and socialization of bank costs. I guarantee you, that money didn’t go anywhere near Ireland’s health service. And another thing: 5 years ago rightwingers in the US were praising Ireland for being the capitalist wonderchild of Europe. Now we’re in debt because we’re socialist? How does that work? This has to do with the monetary straightjacket of the Euro more than anything else.

]]> http://wallstreetpit.com/12472-who-are-the-worlds-biggest-debtor-nations#comment-83503 John Smith Fri, 27 Nov 2009 21:22:32 +0000 http://wallstreetpit.com/?p=12472#comment-83503 This is just an other reason why socialism does not work and that entitlement programs are bankrupting all these countries. However in nominal terms the US has to borrow so much money that it will consume the savings of the entire planet. This is just an other reason why socialism does not work and that entitlement programs are bankrupting all these countries. However in nominal terms the US has to borrow so much money that it will consume the savings of the entire planet.

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