My middle name is 'Frank' (yes, really). I am afraid you have not convinced me of any gaps in my knowledge. Merely that you are confusing excess bond markets, which are an example of capita… (View Post)

You may not have meant that, but it's effectively what you've said. Bond markets selling long term debt are a function of government failure, not a vital part of a capitalist society. Indee… (View Post)

You mean, the bond market might not be able to intimidate everybody and a bunch of fat spivs wouldn't be able to make millions while holding us all to ransom? Well, that really would be tragic. … (View Post)

Are you suggesting that the debts we have now are analogous to those of a well managed company? If so, will you be taking out a mortgage to buy this bridge I am offering for sale? By the way, I would… (View Post)

Almost certainly. If only to piss off Nigel Farage. (View Post)