tag:blogger.com,1999:blog-8487128531050281473.post6224209144819572494..comments2024-01-08T14:24:03.718+00:00Comments on Economics Essays: Should we worry about national debt?Tejvan Pettingerhttp://www.blogger.com/profile/03405988099792035111noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-8487128531050281473.post-46976966151488560772014-07-06T14:53:42.364+01:002014-07-06T14:53:42.364+01:00"national debt is just a way to spread nation..."national debt is just a way to spread national output amongst different generations."<br /><br />There is no net intergenerational transfer unless the debt is external/foreign debt. It affect the distribution within each generation but there is no net transfer.<br /><br />"a debt inherited from the past is, in effect, simply a rule requiring that one group of people — the people Rob Slackhttps://www.blogger.com/profile/10437827183198363349noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-12515455449728671882014-01-15T15:07:14.396+00:002014-01-15T15:07:14.396+00:00Yes there are countries with no national debt. Jer...Yes there are countries with no national debt. Jersey the largest of the channel islands has no national debt, infact it has a surplus of approx £750 million pounds. It also has one of the highest ranking Human Development Index's in the world. The last HDI report for Jersey in 2009, based on 2008 data, ranked the Island at 0.985 which ranked it as the second best place to live in the world Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-50838731010396071412010-12-10T14:51:48.134+00:002010-12-10T14:51:48.134+00:00Why does a rising public sector debt burden ( debt...Why does a rising public sector debt burden ( debt interest as a proportion of GDP) cause an intergenerational shift of disposable income to the present generation from future ones when gilts are held in the UK? The holders will benefit from interest payments just as the taxpayer has to pay them, so these payments offset. What proportion of gilts are held abroad?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-72035928917727873572010-12-10T14:51:05.945+00:002010-12-10T14:51:05.945+00:00Why does a rising public sector debt burden ( debt...Why does a rising public sector debt burden ( debt interest as a proportion of GDP) cause an intergenerational shift of disposable income to the present generation from future ones when gilts are held in the UK? The holders will benefit from interest payments just as the taxpayer has to pay them, so these payments offset. What proportion of gilts are held abroad?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-55177552650117111672010-06-08T14:46:27.999+01:002010-06-08T14:46:27.999+01:00National Debt makes sense. If a government was £80...National Debt makes sense. If a government was £80 billion in the black they would be criticized for not spending that money on those who could really use it. And there is no sense in keeping national debt hovering at around zero; buy a new hospital ward one week, a tank the next, then maybe put the next few months spending into a new university. A government that develops and improves all Liamhttp://Liam_Simey@msn.comnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-25412768813630911992009-10-18T22:33:52.375+01:002009-10-18T22:33:52.375+01:00bunch of grammatical errors. ms smith is a hoebunch of grammatical errors. ms smith is a hoeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-1556412834771292612008-12-24T17:39:00.000+00:002008-12-24T17:39:00.000+00:00"If debt becomes too high, there may be insufficie..."If debt becomes too high, there may be insufficient investors to buy the government securities (the way of financing the debt). Therefore, the government may be tempted (or forced) to fill the shortfall in revenue by printing money."<BR/><BR/>I thought the government 'sells' the central bank buys and creates 'money' in the governments account anyway?<BR/><BR/>`the central bank then creates more Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-21777964025289696902008-11-29T21:28:00.000+00:002008-11-29T21:28:00.000+00:00And what think ye of these proposals? Just found i...And what think ye of these proposals? Just found it when i found yours. http://www.prorev.com/sovreign.htmAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-63163751855762770742008-10-07T21:59:00.000+01:002008-10-07T21:59:00.000+01:00Maybe the Vatican City (if that counts as a countr...Maybe the Vatican City (if that counts as a country).<BR/><BR/>Or some principality like Lichtenstein. - very small and very rich. Or maybe some rich oil producing country like Qatar.<BR/><BR/>I think it is unlikely, you don't gain popularity by abolishing the national debt, you gain popularity by cutting taxes and increasing spending.Tejvan Pettingerhttps://www.blogger.com/profile/03405988099792035111noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-18485234052960932782008-10-07T20:34:00.000+01:002008-10-07T20:34:00.000+01:00Is there any country like that? Or likely to be?Is there any country like that? Or likely to be?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-4801501277502080042008-10-07T18:43:00.000+01:002008-10-07T18:43:00.000+01:00A country would be pretty happy to have zero natio...A country would be pretty happy to have zero national debt. They would have no interest payments and could borrow money to investTejvan Pettingerhttps://www.blogger.com/profile/03405988099792035111noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-47856939098578734032008-10-07T16:47:00.000+01:002008-10-07T16:47:00.000+01:00What would a scenario be for a country without any...What would a scenario be for a country without any national debt?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-68510016587516066102008-10-07T03:31:00.000+01:002008-10-07T03:31:00.000+01:00Well writen and lucid. Keep this record up. Cheers...Well writen and lucid. Keep this record up. Cheers.Anonymousnoreply@blogger.com