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The 5 countries that are best suited to survive the apocalypse, according to a new study

The 5 countries that are best suited to survive the apocalypse, according to a new study
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The Changing Ownership Of Government Debt

The Changing Ownership Of Government Debt Please share this article - Go to very top of page, right hand side, for social media buttons. In 2004 around 75% of Uk government debt was owned by insurance and pension companies. The rest was almost entirely owned by overseas interests, Banks held almost none, and nor did the government. Now the Bank of England is the biggest owner: The trend will continue. By the end of 2021 the Bank of England is set to own £895 billion of UK debt. For those who say that there has been no such thing as direct monetary funding, or that the government cannot fund itself, or that there is no magic money tree, the evidence to the contrary is very clear.

Government Bonds Owned By The Bank Of England Are Not A Debt Burden, Even When They re Repaid

Government Bonds Owned By The Bank Of England Are Not A Debt Burden, Even When They re Repaid Please share this article - Go to very top of page, right hand side, for social media buttons. I received this email very recently, and share it with the author’s permission: Hi Richard, Hope you re well. After reading some of your articles and watching one of your videos, I m left with a question that I hoped you could answer. The Bank of England holds lots of government debt. What happens when the bonds they hold mature? Doesn t the treasury need to pay the bank?

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