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    In these cases, we are assured that the loans will be repaid with the interest, hence nothing to worry about.
    Inevitably my answer is that if these bankrupt treasuries cannot keep going on their own steem now, then in two and three (and ten) years time it will be the same! So when they pay the money back with the interest, they will have to borrrow even more money.

    In other words, they'll be asking Britain and Germany - and a few others - to lend them the money to pay back their previous debts, other wise we won't see the money again which we are being forced to give them now.

    This means in essence that we won't see the lent money again, because whenever we get a sum back, we'll have to lend them an even larger sum of money.

    Time to leave Brussels. I've still got a handful of The Pledge forms to fill in if anyone wants one. It's for a referendum on the EU.

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