 Pre-existing conditions? |
| I was without health insurance from September 1, 2005 until July 31, 2006. Because I didn't have continuous creditable coverage, can my current health insurance deny me benefits for pre-existing ... |
|
 How do you get health insurance ONLY for kids, not adding on to parent's plan? |
| I don't qualify for CHIP. My work insurance is great for singles, ok for married couples, terrible for families. We had insurance with Texas Children's Hospital for our kids and it was ... |
|
 Can you claim life insurance of someone you are not related to? |
| I have a friend very old and she has a big life insurance policy currently I am helping her live and I am am paying for all her expenses. She has listed me as the claimer on the insurance when she ... |
|
 Is it feasible to find 100 families to put $100 a month in a savings account to pay for medical expenses? |
| Its just an idea I had, wondered if it would work, if its legal, etc. My family has no health insurance, and I am sure that there are many other families out there in the same boat. We have no major ... |
|
 How do you define double dipping on insurance? |
| I have 2 step kids. We have had insurance on them for over a year. We just switched insurance and their mother decided to put them on her new husbands insurance. Which now we have 2 insurance ... |
|
 Should i get 20 year term or a 30 year term life insurance? |
| My husband and I currently have a 20 year term life insurance policy. We are switching companies because we were paying too much at State Farm. I'm 30 and he is 33 and we are both in very good ... |
|
 Homeowners vs. Auto Insurance? |
| So last night a huge tree branch fell on my car in my driveway. My car insurance is expired and I'm wondering if my landlord's homeowners might cover it. The tree is on his property and ... |
|
 Insurance company startup???!!!? |
| was wondering about the possibility of starting up my own insurance company covering cars. do i need a license to do this. do i have to make myself known to anyone that i am insuring people to drive, ... |
|
 Is it recommended to buy whole life insurance for a child? |
| A friend of mine recommended buying whole life insurance for my child. He said it was better than investing elsewhere. For example, you can get a 1 million dollar insurance which will be paid up by ... |
|
 Car insurance question:? |
| My car was recently stolen and has yet to be recovered. When I file a claim with my insurance on this matter, will it make my rates go up??... |
|
 What insurance should i get? |
Additional Details
For car,thats ... |
|
|  |
Mickey Serene | Can a Government become insolvent? |
|
 |
 
Gary W
|
Although the terms bankrupt and insolvent are often used in reference to governments or government obligations, a government cannot be insolvent in the normal sense of the word. Generally, a government's debt is not secured by the assets of the government, but by its ability to levy taxes.
read more at http://www.lemonshell.com/wealth/insolvency.aspx |
|
CLIVE H
 |
Yes and the Harold Wilson UK.gov back in the 1960s became involvent and we had to revalue the English pound as a result. Wilson told us on TV that this would not effect the pound in your pocket - duh! no really!
The economy was in chaos and it did not get better under the Heath government either when inflation topped the 21% mark. I had visions of Germany in the 1920s where a wheelbarrow economy was in place.
[Wheelbarrow economy - worthless paper money has to be transported about in wheelbarrows just to buy a cup of coffeee etc.]
Guy Fawkes' blog of parliamentary plots, rumours and conspiracy ...The pound has now plunged to an all-time low against the euro, it bought €1.50 last year and now buys €1.25. At this rate of decline sterling could easily ...
http://www.order-order.com/2008/04/pound-plunging-means-europhiles-rejoice.html
I can still hear the words of a former Govenor of the Bank of England when the bank stopped printed one pound notes saying, "The pound is no longer worth the paper it is printed on". That did it for me. Why don't we have the EURO?
I've just been in Paris for a few days and the Pound only gets you about 1.25Euros a coffee in Paris is about 2.50Euros and along the Champselay about 4.00Euros - makes you wanna screem - all those idiots telling us to hang on to the pound. . . .what the hell for? |
|
jojo
 |
yes some governments with hyper inflation have done so zimbabwe is not far away, most modern democratic governments would never allow that to happen, but quite a few african dictorships or 3rd world countries yes. |
|
Vipin K
|
yes,why not |
|
David W
 |
Yes, quite easily. the last time we did Harold Wilson was prime minister and had to go cap in hand to the IMF for a bailout. |
|
P. W
|
No, because they have tax-raising powers. Hence the attraction to conservative investors of Government Bonds. They are as safe as it is possible to be. |
|
david h
|
Yes.
Governments can print money which is a promise to pay the bearer on demand.
Money can be devalued and governments can break their promises !
Keep watching Mozambique with 3,000 % inflation their government will have financial obligations it will not be able to pay and will default. Banks will right off loans when they relise they will not get repaid even though they lent money to a government.
Lots of governments are insolvent ie in debt we the uk must owe Billions but we do have natural resorses like oil so we are not that badly off. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 38 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
6 | 1 day(s) ago
| | | |
8 | 3 day(s) ago
| | | |
8 | 6 day(s) ago
| | | |
8 | 2 week(s) ago
| | | |
8 | 1 month(s) ago
| | | |
7 | 3 month(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
