Follow the logic:
I am a normal UK citizen. I am £80,000 in debt, which I will have to rob off my friends to repay, or at least borrow from them.
Another "friend" is £20,000 in debt. I demand to loan them this amount despite my inpecunity. I can't afford it now, and I'm not assured that I will be repaid.
Of course, the banks are going to fall over themselves to lend me the cash to do so.
UK National Debt - Britain owes over £900 billion. It's a truly frightening figure. Now the UK are offering to pay at least £7 billion to the foundering Irish economy. And nobody has any say in the matter.
Whose money are they offering? Probably mine and yours. Who elses?
Sometimes make you wish you were a country, not a person.