• (cs) in reply to Plato
    Plato:
    OK, splain this to me. You have a buncha countries all using the same currency. One country's politicians decide to have lots of giveaways to the voters so they can get re-elected. They go into national debt like there's no tomorrow.

    In the USA we solve this by just printing up a few tons more money. Can Greece just print enough to give everybody a million Euros? Wealth and happiness for all? Or who decides how many Euros to print and which country gets to hand them out?

    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

  • (cs) in reply to neminem
    neminem:
    Ol Bob:
    Perfekly good word - you should be right proud to use it! 'Course, if'n yer in mixed cump'ny or yer with yer boss (in which case it's mixed UP cump'ny!) you prob'ly want to use the politer form - "boatload".

    I personally prefer "buttload" to "boatload". Though better than both of those is one of my alltime favorite words, "frackton". (And of course its intensified version, "metric frackton".)

    This wtf amuses me mainly because I work for a company that sells software to exactly this sort of person (other than, at least I hope, not all this dumb. Though I'm sure you could get some great stories out of our tech support). There's a reason "auto-rotate" is on our list of processes you can add. I'm extremely glad, however, that pdfs aren't what you get at the end, cause pdfs are freaking ugly under the hood. (I now know from personal experience.)

    I have an OCR program which works well enough, but can't recognise upside down text. If you try to scan a file that's not the right side up, you get gibberish that looks funny.

  • John Evans (unregistered)

    If "Curt" only made the mistake once, then LEARNED from his mistake..."Shea" should count himself lucky.

    captcha: ludus. All the world's a game, and the people merely players...

  • (cs) in reply to Professor Fate
    Professor Fate:
    In the USA we solve this by just printing up a few tons more money. Can Greece just print enough to give everybody a million Euros? Wealth and happiness for all? Or who decides how many Euros to print and which country gets to hand them out?

    We no can do sir. Money is created by central banks, in the case of the euro by the European Central Bank.

    Creating more money means more money in the entire euro zone which means more inflation. The ECB has an obligation to keep the inflation below 2%. There is nothing the Greeks can legally do, other than negotiate their way out of the euro zone and then start printing Drachmes like crazy.

    Fore reference, check wikipedia:

    In economics, money creation is the process by which the money supply of a country or a monetary region (such as the Eurozone) is increased. There are two principal stages of money creation. First, the central bank introduces new money into the economy (termed 'expansionary monetary policy') by purchasing financial assets or lending money to financial institutions. Second, the new money introduced by the central bank is multiplied by commercial banks through fractional reserve banking; this expands the amount of broad money (i.e. cash plus demand deposits) in the economy so that it is a multiple (known as the money multiplier) of the amount originally created by the central bank.

    Aw, come on, let's have some galloping inflation. Then my mortgage payment (fixed) will stay the same but my salary will increase along with prices, so relatively I'll be a lot better off. My father was telling me about how during a few short years in the 1970s he suddenly found himself without a mortgage, but in possession of a sizeable and saleable property that was entirely his.

  • (cs) in reply to Nagesh
    Nagesh (fake):
    no laughing matter:
    Professor Fate:
    The ECB has an obligation to keep the inflation below 2%.
    In theory, this is true.

    In actual practice it has now lowered interest rates by 25 base points to ridiculously low 1.25% (the modern equivalent of "printing money like crazy") although the current inflation rate of 3 percent is well above the ECB’s 2 percent limit.

    ECB is now led by italian Mario Draghi - and italian politicians definitely are not well known for sound fiscal policy.

    In fact the italian debt is an even bigger issue than the greek problem.

    Here in Hyderabad, debting problum to Pakistan is being big isue. They are creditor of 16% Indian debt.

    Are you realy that stupid?

    Oops - troll bait.

  • (cs) in reply to Coffee Hound
    Coffee Hound:
    In the wrong line of work.:
    Severity One:
    the wage of a train driver working for the national railways is around €100,000
    A train driver makeing ~$135K ? Damn.
    Ya this is incredible! Where is this, in Greece? Good lord, and that takes what kind of training? And.... Gah!

    On a side note, these side note arguments about Myriad, and the Euro are what made and continue to make this site fun. The new bath of trolls here tend to take over every comment section lately though, it's sad. I miss the TopC0d3r days.. sigh....

    Whaddya call a bath of trolls? STEW! No, wait...

  • Paul (unregistered) in reply to Matt Westwood
    Matt Westwood:
    Plato:
    OK, splain this to me. You have a buncha countries all using the same currency. One country's politicians decide to have lots of giveaways to the voters so they can get re-elected. They go into national debt like there's no tomorrow.

    In the USA we solve this by just printing up a few tons more money. Can Greece just print enough to give everybody a million Euros? Wealth and happiness for all? Or who decides how many Euros to print and which country gets to hand them out?

    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    If you have a retirement plan (or even Socialist Insecurity) they may be in debt to you.

  • (cs) in reply to SQLDave
    SQLDave:
    Coffee Hound:
    In the wrong line of work.:
    Severity One:
    the wage of a train driver working for the national railways is around €100,000
    A train driver makeing ~$135K ? Damn.
    Ya this is incredible! Where is this, in Greece? Good lord, and that takes what kind of training? And.... Gah!

    On a side note, these side note arguments about Myriad, and the Euro are what made and continue to make this site fun. The new bath of trolls here tend to take over every comment section lately though, it's sad. I miss the TopC0d3r days.. sigh....

    Whaddya call a bath of trolls? STEW! No, wait...

    Come on, everyone knows trolls don't bathe.

  • Gravis (unregistered)

    Well, the arguments over myriad are a bit pendantic, but at least I've now learned that myriad can be an actual number. I thought that saying that there was a myriad of something was like saying that there was a lot of something, only myriad implies a much greater number.

    However, Merriam-Webster ( http://www.merriam-webster.com/dictionary/myriad ) gives two definitions for it:

    1. ten thousand

    2. a great number

    I believe that the 2nd meaning is far more prevalent in terms of usage, but it's good to know that there is a more specific meaning as well. That page also lists Greek words that the word myriad comes from, but I don't think that it would settle any debate, since it seems to indicate that the words that it lists mean both ten thousand and countless (my guess would be that they used ten thousand to indicate countless or very large numbers).

    It seems to me that the arguments over the origin of myriad are pretty pointless without any references to back them up, since it becomes he said she said, which isn't particularly conclusive or productive.

    But at least I now know that myriad can mean a specific number, which I did not know before.
  • Friedrice The great (unregistered) in reply to Gravis
    Gravis:
    Well, the arguments over myriad are a bit pendantic, but at least I've now learned that myriad can be an actual number. I thought that saying that there was a myriad of something was like saying that there was a lot of something, only myriad implies a much greater number.

    However, Merriam-Webster ( http://www.merriam-webster.com/dictionary/myriad ) gives two definitions for it:

    1. ten thousand

    2. a great number

    I believe that the 2nd meaning is far more prevalent in terms of usage, but it's good to know that there is a more specific meaning as well. That page also lists Greek words that the word myriad comes from, but I don't think that it would settle any debate, since it seems to indicate that the words that it lists mean both ten thousand and countless (my guess would be that they used ten thousand to indicate countless or very large numbers).

    It seems to me that the arguments over the origin of myriad are pretty pointless without any references to back them up, since it becomes he said she said, which isn't particularly conclusive or productive.

    But at least I now know that myriad can mean a specific number, which I did not know before.

    Someone actually learned something from DailyWTF. This site's really gone downhill, hasn't it?
  • (cs) in reply to Friedrice The great
    Friedrice The great:
    Someone actually learned something from DailyWTF. This site's really gone downhill, hasn't it?
    I've learned all kinds of things from tdwtf. For instance, not being a database expert, "don't do this unless you want to let in sql injection attacks", "don't do this, either", "nor this", etc.
  • George of the Jungle (unregistered)

    tune in next time when Curt discovers the cup holder. And the floppy disk that really isn't.

  • Nagesh (unregistered) in reply to Herby
    Herby:
    At one time (I don't believe that it is the case now) the Paris Metro (subway/underground) system had ticket takers. It turns out that the salaries paid to the ticket takers (fare collectors) was LESS than the fares received. The system would have been better off (lost less money) if they just let everyone ride for free.
    Um, no. That would have been the case if the cost of paying the fare collectors were MORE than the total fares.

    If expenses are less than gross revenue, you make a profit. Doing so is usually considered a good thing.

  • flabdablet (unregistered) in reply to RHuckster

    That's "Peterbilt".

  • Mandatory Daily Pony (unregistered)
  • (cs) in reply to Paul
    Paul:
    Matt Westwood:
    Plato:
    OK, splain this to me. You have a buncha countries all using the same currency. One country's politicians decide to have lots of giveaways to the voters so they can get re-elected. They go into national debt like there's no tomorrow.

    In the USA we solve this by just printing up a few tons more money. Can Greece just print enough to give everybody a million Euros? Wealth and happiness for all? Or who decides how many Euros to print and which country gets to hand them out?

    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    If you have a retirement plan (or even Socialist Insecurity) they may be in debt to you.

    That's a relief. I was worried then that it might be some abstract entity like: the international banking community, or the stock market, or something important like that. Good to know it's the little people.

  • Guru (unregistered) in reply to Matt Westwood
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    That's ever funny, when country is in debt, can't handle unemployment and charity, but yet spending myriads on little nigger countries

    Captcha: ingenium

  • (cs) in reply to Guru
    Guru:
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    That's ever funny, when country is in debt, can't handle unemployment and charity, but yet spending myriads on little nigger countries

    Captcha: ingenium

    Yes, you also (I am prepared to bet) get myriads of dollars (or its equivalent if you're not American, which I doubt from your posting) a year, which is completely undeserved. Come to think of it, your oxygen allocation is equally undeserved.

  • Simon N (unregistered) in reply to ParkinT

    Its real. Well, it COULD be made up but I guarantee it has happened to someone.

    I've been told our MFD's are scanning upside down before.

  • Miguelito (unregistered)

    Once, one of our service providers was sent an invoice by email, of course a pdf file. We got an email saying: "we cannot accept the invoice by mail. We need aprinted document. Could you please print this file and send it to us by fax?" And just in case we had lost the pdf, they were attaching our file in the answer... It seems they don't master the art of printing.

    This happened this year, not in a distant XX century.

    So, yes, "Stultorum infinitus est numerus".

  • (cs) in reply to Miguelito
    Miguelito:
    Once, one of our service providers was sent an invoice by email, of course a pdf file. We got an email saying: "we cannot accept the invoice by mail. We need aprinted document. Could you please print this file and send it to us by fax?" And just in case we had lost the pdf, they were attaching our file in the answer... It seems they don't master the art of printing.

    This happened this year, not in a distant XX century.

    So, yes, "Stultorum infinitus est numerus".

    It sounds to me as though they are using delaying tactics - finding excuses so as not to acknowledge receipt of an invoice so that they can hold off for as long as possible before they pay you. Whether they could get it to stick in a court of law would depend on whether there is anything written in your contract with them about the precise format in which an invoice is to be accepted.

  • (cs) in reply to fardle
    fardle:
    Severity One:
    I like the euro. Never ever do I want to get back to the situation where you have 60 different currencies in such a small continent.
    Point taken; however, if you have 60 different opinions on (how much leisure time the worker deserves / how much value the worker produces)... then any one country which flushes itself down the hole, will drag 59 others along with it. Which is pretty much what is happening. One currency requires one policy vis-a-vis government handouts.
    Bear in mind that the European Union is 'only' 27 countries, and the Eurozone even fewer, 17 countries. There are still the micro-states that had previous agreements with neighbouring countries and thus use the euro (Vatican City, San Marino, Monaco), or that just decided to use the euro (Andorra, Kosovo), those that are EU but don't want the euro, or not yet (Denmark, Sweden, UK), those that are EU but do not yet fulfil the euro requirements (most of eastern Europe), those that don't want to join the EU (Norway, Switzerland, Liechtenstein), those that are still candidate countries (most of former Yugoslavia), and those that aren't likely to join the EU any time soon (most of the former Soviet Union). There's a remarkable number of countries east of the Oder and the Neisse.

    The common currency is not the problem. Imagine having 50 different currencies across the USA, one for each state. It would be a mess. The problem is that it's just a currency, and not all the other instruments that the US federal government and Federal Reserve have at their disposal. There's a common monetary policy, but not a common fiscal or economic policy.

    Basically, any country that doesn't have a Germanic language as its national language needs to shake up its finances (with the probably exception of Slovenia: eastern Europe has been much better behaved that southern and even western Europe).

  • d (unregistered) in reply to ParkinT
    ParkinT:
    Although I have joked about this on numerous occassions with naive people in the office, I cannot believe this story is real. No one on earth is quite that gullible.
    Apparently you've never dealt with users.
  • (cs) in reply to Bob
    Bob:
    LMC:
    and... Captcha 'erat' > 'he was' in latin :)

    Please show some sensitivity. My son was in Latin earlier today. They were studying De Bello Gallico. Let me tell you, it was no laughing matter.

    Thanks for calling me pretty, but my name is not Gallico and i am not responsible for your son being an alcohol addict.

  • Aninnymouse (unregistered) in reply to Guru
    Guru:
    Nagesh:
    I'm pleasantly surprised that this thread is not half full of inane complaints about the remaining "I" that hasn't been edited to "he".

    That's easy - nobody reads article.

    I only read Daily WTF for the articles.

    CAPTCHA: Saluto - a Spanish salute?

  • Brendan (unregistered) in reply to In the wrong line of work.
    In the wrong line of work.:
    Severity One:
    the wage of a train driver working for the national railways is around €100,000
    A train driver makeing ~$135K ? Damn.

    You have to supply your own train, but you get paid a myriad of yiros.

  • ^W (unregistered) in reply to Sock Puppet 5
    Sock Puppet 5:
    TS:
    pǝʌlos ɯǝlqoɹd ʎʞɔᴉɹʇ ʎllɐǝɹ ɐ
    What is this gibberish? The above comment is completely illegible! We should switch back to paperbased comments.

    FTFY

  • (cs) in reply to ^W
    ^W:
    Sock Puppet 5:
    TS:
    pǝʌlos ɯǝlqoɹd ʎʞɔᴉɹʇ ʎllɐǝɹ ɐ
    What is this gibberish? The above comment is completely illegible! We should switch back to paperbased comments.

    FTFY

    I was really waiting for someone to catch the irony as I was the only one to even remotely address:

    How is this story even remotely credible as "completely illegible" is nowhere near "obviously upside-down." I don't think anyone looked at the above comment and though "my god, what is that strange language he is posting in?" Sort of like how Leonardo Da Vinci's "secret code" would fool the average literate Italian for about 10 seconds.

  • ronpaii (unregistered) in reply to PRMan
    PRMan:
    Rich Lawyer:
    Coyne:
    I don't see the problem. Confirms my belief that lawyers are lawyers because they can't do anything else.

    Exactly my opinion on programmers

    Yeah, but nobody makes jokes about killing programmers....

    You haven’t worked with end-users much have you? ;)

  • Calvin (unregistered) in reply to Matt Westwood
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    The 'country' isn't in debt. The country's government is in debt. They borrow money from businesses (often financial investment businesses) or individuals in the form of government bonds or gilts. These are normally deemed as "safe" investments, but the investors demand higher interest rates before they will buy the bonds if they are seen as less safe (eg Italy recently)

    So, if you have any investments, such as a pension, you probably have indirectly invested those in one or more countries' state debts. If you have a company pension, your company may have invested in bonds to fund its pension scheme.

    So, if a country defaults on its debts, it's often 'little people' who lose out.

    Essentially every country's government is in debt to their populations (but maybe not their own)

  • Bldsquirrel (unregistered) in reply to PRMan

    Understandable- if their fax machine is adding header/footers to the document, they may want those to match the oritentation of the document.

  • cappeca (unregistered) in reply to TS
    TS:
    pǝʌlos ɯǝlqoɹd ʎʞɔᴉɹʇ ʎllɐǝɹ ɐ

    This comment is unusable!

  • (cs) in reply to Matt Westwood
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.
    On our side of the pond, most of the national debt is owed to the Federal Reserve Bank.
  • anonymous (unregistered)

    US Patent Office rejects upside down faxes to this day!

    http://www.cbsnews.com/8301-505124_162-43442486/uspto-wont-accept-upside-down-faxes-demands-resends-update/?tag=bnetdomain

    They even send you back a notice telling you the fax could not be processed upside down.

  • anonymous (unregistered)

    US Patent Office rejects upside down faxes to this day!

    http://www.cbsnews.com/8301-505124_162-43442486/uspto-wont-accept-upside-down-faxes-demands-resends-update/?tag=bnetdomain

    They even send you back a notice telling you the fax could not be processed upside down.

    [sorry about the dup comment, edited to make URL into a link]

  • Marvin the Martian (unregistered) in reply to Severity One
    Severity One:
    For example, the wage of a train driver working for the national railways (which haven't made a profit, ever, and are incredibly indebted) is around €100,000 (US notation, so 'one hundred thousand euros'). This is more than what the French president used to earn before he increased his wage by a factor of 2.5.
    Ah, the famous European National Railways (ENR). This must be absolutely true.

    I'm frankly a bit amazed that people take this obvious bllsit as possibly true. As you write, that's more than the French prez makes --- and those come from a background that rates themselves in financial terms and thinks highly of themselves.

    Anyway, I know you're referring to the SNCF. The absolute maximum drivers can make is 3400€/month including all bonuses; this means being a in your last year before obligatory pension having started as soon as leaving school, as well as driving high speed trains (TGV).

    Ah, apparently this is a well-known hoax figure, made up to stir up resentment --- http://www.sncf.com/hoax/hoax4.html

  • (cs) in reply to Calvin
    Calvin:
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    The 'country' isn't in debt. The country's government is in debt. They borrow money from businesses (often financial investment businesses) or individuals in the form of government bonds or gilts. These are normally deemed as "safe" investments, but the investors demand higher interest rates before they will buy the bonds if they are seen as less safe (eg Italy recently)

    So, if you have any investments, such as a pension, you probably have indirectly invested those in one or more countries' state debts. If you have a company pension, your company may have invested in bonds to fund its pension scheme.

    So, if a country defaults on its debts, it's often 'little people' who lose out.

    Essentially every country's government is in debt to their populations (but maybe not their own)

    In order to be able to honour theire financial obligations, they need to raise revenue. This is done my means of taxes. It's perfectly straightforward, in order to be able to pay you back, it needs to charge you more. "Can I borrow a tenner so I can pay you back the fiver I owe you?"

  • Expert (unregistered) in reply to anonymous
    anonymous:
    US Patent Office rejects upside down faxes to this day!

    http://www.cbsnews.com/8301-505124_162-43442486/uspto-wont-accept-upside-down-faxes-demands-resends-update/?tag=bnetdomain

    They even send you back a notice telling you the fax could not be processed upside down.

    Well, this one is OK.

    It's not government worker job to turn pages.

    They require basic discipline from those who use their service, or else clients will start sending battered scans or rotated 45°. Then YOU will end paying more taxes for this.

  • Expert (unregistered) in reply to Matt Westwood
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    Governments not stupid (although they wanna you think they are). They're in debt at each over in circular queue.

    You know, like garbage collector can't remove circular references.

    And if one country demand her money back, who cares? You just unroll debts and final result is the same.

  • Hortical (unregistered) in reply to Matt Westwood
    Matt Westwood:
    mainframe_web_dev:
    Here in Ohio (pronounced O-Hi-Yah), myriad means "many, and of different types". That would be American English, slang Midwest.
    Here in Britain we just use the term "shitloads".
    When talking to an American, you'll have to qualify it: "metric shitload" to avoid confusing it with a "U.S. shitload", which is a bit larger considering diet, which is a bit larger considering the prevalence of all-you-can-eat buffets.
  • L. (unregistered) in reply to Nagesh
    Nagesh:
    Nagesh (feke):
    Herby:
    In the wrong line of work.:
    Severity One:
    the wage of a train driver working for the national railways is around €100,000
    A train driver makeing ~$135K ? Damn.
    Just remember... At one time (I don't believe that it is the case now) the Paris Metro (subway/underground) system had ticket takers. It turns out that the salaries paid to the ticket takers (fare collectors) was LESS than the fares received. The system would have been better off (lost less money) if they just let everyone ride for free. This was before tokens & turnstiles, which are in common use to day in such systems.

    I'm sure that examples of this stupidity exist today, its just that I'm not familiar with them. I leave it as an exercise for the reader to comment about some.

    I have being Java programer for 10 years now.

    10 years and still programming. In 2 years, I am alredy going to become analist. Then project manager.

    Ooh so you're switching to the east-asian adult industry ? good for you !

  • L. (unregistered) in reply to PedanticCurmudgeon
    PedanticCurmudgeon:
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.
    On our side of the pond, most of the national debt is owed to the Federal Reserve Bank.
    ... of China
  • Largely McLarge (unregistered)

    Largely law was largely – and largely still largely is – a largely paper-based industry largely.

  • شلومو (unregistered) in reply to Hortical
    Hortical:
    When talking to an American, you'll have to qualify it: "metric shitload" to avoid confusing it with a "U.S. shitload", which is a bit larger considering diet, which is a bit larger considering the prevalence of all-you-can-eat buffets.

    Americans so fat lazy, eat all the time. Eat so much pants explode from pressure. Eat so much fall down unconscious in fecal waste and vomit. Eat so much make documentary about how much he eats. Eat like gluttons, like pigs. American would eat his own ass if could.

  • ^W (unregistered) in reply to Expert
    Expert:
    Governments not stupid (although they wanna you think they are). They're in debt at each over in circular queue.

    You know, like garbage collector can't remove circular references.

    And if one country demand her money back, who cares? You just unroll debts and final result is the same.

    Bait?

  • (cs) in reply to Hortical
    Hortical:
    Matt Westwood:
    mainframe_web_dev:
    Here in Ohio (pronounced O-Hi-Yah), myriad means "many, and of different types". That would be American English, slang Midwest.
    Here in Britain we just use the term "shitloads".
    When talking to an American, you'll have to qualify it: "metric shitload" to avoid confusing it with a "U.S. shitload", which is a bit larger considering diet, which is a bit larger considering the prevalence of all-you-can-eat buffets.

    Don't forget the Imperial Shitload which is different again, being larger than the U.S. Shitload by 3%, caused by the fact that arseholes in Britain are bigger than those in the U.S.

  • (cs) in reply to Severity One
    Severity One:
    but the rest of Europe that uses the common currency isn't particularly happy with the Greeks right now. For example, the wage of a train driver working for the national railways (which haven't made a profit, ever, and are incredibly indebted) is around €100,000 (US notation, so 'one hundred thousand euros'). This is more than what the French president used to earn before he increased his wage by a factor of 2.5.
    Wow, I should have moved to Greece and milked them for all they got! ;) 100k Euro for a train driver? Shit, that's better than the higher GS-13 govt pay grade that NASA Astronauts can get (up to USD 100k). I guess if you're in Greece, driving trains is harder than flying Shuttle missions.
  • (cs) in reply to Plato
    Plato:
    OK, splain this to me. You have a buncha countries all using the same currency. One country's politicians decide to have lots of giveaways to the voters so they can get re-elected. They go into national debt like there's no tomorrow.

    In the USA we solve this by just printing up a few tons more money.

    BS. In the U.S., a state's budget must be balanced.

  • (cs) in reply to Rich Lawyer
    Rich Lawyer:
    Coyne:
    I don't see the problem. Confirms my belief that lawyers are lawyers because they can't do anything else.

    Exactly my opinion on programmers

    Oooo... Touché!

  • (cs) in reply to Matt Westwood
    Matt Westwood:
    What I don't understand is: it appears that every country is in debt. Who to? It sounds to me like saying: every single team in the league lost on Saturday.

    According to How Banks literally Make Money, the bankers made money out of nothing. The next logical thing to do was lend it to the countries. So the countries are in debt to the bankers.

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