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How long will the uk have to keep bailing out other countries ?
And do you think the uk taxpayer wilk eventually pay extra tax,for other countries who need to be bailed out
8 Answers
- Umboo LunQuayLv 61 decade agoFavorite Answer
Portugal is the latest - many billions.
theUs is pretty frucked up - despite claiming to be savious or this colourful flavourful universe.
I understand Ireland and Greece are very knocked up too.
Here in australia we seem semi stable but our stupid PM JHulia Gizzard is throwing money around faster than a hooker on a smack spree. I think we are doomed.
As I always asked who actually has money? Everyone owes everyone?
I would love to see the Uk rule the world again.
The middle east wasn't so much trouble then.
Teach the americans how to spell and speak.
Hal the aussies and kiwis into line again.
Tell the canadians they are a real nation not USA clones with a boot accent.
Honestly, until we go to war with an alien civilisation this will never stop.
Remember the Un is a pawn of the US and the US only does what improves its oil interests.
Russia - the USSR is gone but corruption hasn't' Fly Aeroflot at your own peril.
- frockneyLv 71 decade ago
The UK is not bailing out any countries because the UK is not in the Eurozone.
This UK having to pay for Europe is a myth generated by tabloids. It just is not true. Good thing about this: when UK is rock bottom, the rest of the Eurozone will not have to bail them out.
In any case, countries are not "bailed out" by other Eurozone countries, their debts are just re-arranged. They have more time to repay them and in the end, they pay more interest. The "bailing out" is just a loan.
Eurozone countries don't do this out of charity, they do it because they want to keep on enjoying the stability of the EURO.
Source(s): Getting my facts right - pawlowiczLv 44 years ago
The bond markets are close off from those worldwide places yet they are actually not decrease off from the U. S. the united kingdom can nonetheless borrow. If the united kingdom did lose the religion of the bond markets it would desire to word for the bailout fund too. Its is way less hardship besides because of the fact its able to ease the burden of debt with printing its own forex. Greece, eire and Portugal won't be able to try this because of the fact they're a factor of the euro and the ecu needed economic business enterprise controls funds grant and it does this to healthful Germany and France because of the fact the largers contributors of the eurozone.
- Anonymous1 decade ago
This is similar to what I have been thinking about the USA... Why must us colonists keep dying in wars on the other side of the pond? Wars that are none of our business, too. Now, we--the American people--are becoming in serious need of a bailing buckets...
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- Sumo BobLv 51 decade ago
Why not form a "First World Co- Op," with First World Nations to decide with Whom they will assist instead of letting the United Nations Dictate what we are to do under the pretense of Humanitarian Aid,
Source(s): personal opinion. - Anonymous1 decade ago
Britain the Cash Cow, that just keeps on giving. not the UK
- Anonymous1 decade ago
until we are also bankrupt we are already teetering on the edge as it is..Spain, Netherlands, Slovakia, Slovenia, Italy, Hungary, Belgium, Latvia, Romania among others also need a bailout