Re: Will another bail out be called for? Massive borrowing ongoing. Archived Message Posted by Ken Waldron on April 23, 2020, 7:33 pm, in reply to "Re: Will another bail out be called for? Massive borrowing ongoing." "Surely, however low the interest, the capital will still have to be repaid?" Its only five years ago that the gov cleared debt ultimately dating back to the South Sea Bubble financial crisis of 1720. As Sinister Burt points out, the government really doesn't have to borrow money as it owns the Bank of England: it only does so to maintain an illusion. Message Thread: Will another bail out be called for? Massive borrowing ongoing. - Mary April 23, 2020, 11:52 am Re: Will another bail out be called for? Massive borrowing ongoing. - Sinister Burt April 23, 2020, 12:05 pm Re: Will another bail out be called for? Massive borrowing ongoing. - Mary April 23, 2020, 12:32 pm Re: Will another bail out be called for? Massive borrowing ongoing. - Sinister Burt April 23, 2020, 12:52 pm Re: Will another bail out be called for? Massive borrowing ongoing. - Sinister Burt April 23, 2020, 12:54 pm Re: Will another bail out be called for? Massive borrowing ongoing. - Ken Waldron April 23, 2020, 7:33 pm   Searching