Is there anyone other than me who suspects that this whole Gleneagles/Live8/Make Poverty History fuss will fizzle out and turn out to have been nothing but an occasion for politicians and rockstars to make some noise?
Yes, I do. I do not like to take up anyone on their style or content where important matters are being discussed. Especially not an ordinarily brilliant writer.
The Italian state paid bonds out of tax income. In the seventies especially this was artificially backed by inflation, but the bonds had to always pay above inflation for savers to buy them, therefore there was always a call on the public income.
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Date: 2005-07-04 06:00 pm (UTC)Yes, I do. I do not like to take up anyone on their style or content where important matters are being discussed. Especially not an ordinarily brilliant writer.
The Italian state paid bonds out of tax income. In the seventies especially this was artificially backed by inflation, but the bonds had to always pay above inflation for savers to buy them, therefore there was always a call on the public income.