The Lib Dems want to sell Scottish Water's debt on the money markets then use that money to invest in the economy...
That sounds smashing - can I sell me debt too? How does that work anyway? You give me money, then you pay off my credit card bills, no?
Ah wait, you give me money to pay off my credit card bills, but I owe you that money back, presumably over a certain amount of time with perhaps some wee stipend to you for your troubles - it's very decent of you to go out of your way like this for me. In any other circumstances I would probably have had to borrow the money... which is kind of like what this is, isn't it? Ah, no in this instance I'm borrowing against my assets - it's a kind of secured loan then is it? No, No, No it's nothing like that, I'm just signing over my assets to you kindly International bankers for safekeeping whilst I pay you back the money, plus stipend, that you've
Selling off debt - LMFAO!