12 Jun 2012 1:16 PM:
lets not kid ourselves. the money will never be repaid. and to repay the interest they will borrow more.
where will they raise the funds. spain has 25 % plus unemployment due to its exhorbitant NI / tax rate of 300 e per month for a self employed person so all transactions are in cash with nothing going t the govt. till they work that one out theyre dead. the only thing they have got right is not pay the stupid social security payouts the idiot uk govt make.thats why all the family men have taken their offspring home to the uk!
Thread:
Its a Loan, NOT a bailout!!??
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