> But it does! All the bonds pay out after X years, and everyone is completely fine with this.
I'm happy to argue with you but you're going to have to read the entire sentence. Possibly even the entire paragraph. Otherwise it is a bit pointless even for the fun of it.
> You've not looked at the numbers, have you.
I have, I put a good 5-10 minutes in to it. I suspect you haven't looked at the numbers.
You can find references on places like the BBC [0] but there are also charts that go back to the 1800s and the story is reasonably consistent. Historically most years the UK pays down debt. In fact, the last time it didn't was the 1930s and after that klutzy fumble it didn't get to be an empire any more, so that was a mistake.
I'm happy to argue with you but you're going to have to read the entire sentence. Possibly even the entire paragraph. Otherwise it is a bit pointless even for the fun of it.
> You've not looked at the numbers, have you.
I have, I put a good 5-10 minutes in to it. I suspect you haven't looked at the numbers.
You can find references on places like the BBC [0] but there are also charts that go back to the 1800s and the story is reasonably consistent. Historically most years the UK pays down debt. In fact, the last time it didn't was the 1930s and after that klutzy fumble it didn't get to be an empire any more, so that was a mistake.
[0] https://ichef.bbci.co.uk/ace/standard/800/cpsprodpb/16CB7/pr...