oh dear: Darling to extend Rock lifeline

[AtW]

You will grow up one day, I expect.

Look buddy, soon you will see what playing these financial games leads to.

[sasguru]

Iran would not be so bold if it was not supported by Putin. Why Putin is in power ? Because oil is high so he can throw some cash around to the people and they will consider him great.

Look at all those guys with AKs in backwards countries - they were supplied by USSR and then Russia. People in backwards countries should not have access to weapons like this at all until they prove to the world that they can use them responsibly.

You use the words "should" and "must" an awful lot. The other groups who do that are fascists and communists.
Luckily the rest of us live in the real, messy world.

[sasguru]

Look buddy, soon you will see what playing these financial games leads to.

The complex capitalist economies thrash the command style ones. You could always move to North Korea or Cuba - I hear they're a raging success because some know-it-all told 'em what they must do.
Stick to IT programming, I guess you must be some good at that.

[AtW]

Luckily the rest of us live in the real, messy world.

What's in the world which is going to go through serious problems because of burning fossil fuels, paying for which arms all sort of backwards regimes that are okay with blowing you up for the sake of their religious believes?

I use words "must" and "should" because I have got pretty clear convictions, where as you are just flowing with the water without reliasing that you are being flushed down the drain.

[AtW]

The complex capitalist economies thrash the command style ones.

There is no such thing as a pure capitalist economy with zero Govt regulation.

There is nothing wrong with the Govt stimulating useful research that helps the country in a long term. It is not against capitalism to tax some fuels (petrol) more than others (diesel), in fact if you look at company cars BIK rates, then they did excellent thing by pushing company drivers towards diesel. There is not a "soviet" approach, about which you have no clue about, where as I know what it is very well.

[sasguru]

What's in the world which is going to go through serious problems because of burning fossil fuels, paying for which arms all sort of backwards regimes that are okay with blowing you up for the sake of their religious believes?

I use words "must" and "should" because I have got pretty clear convictions, where as you are just flowing with the water without reliasing that you are being flushed down the drain.

No some of us are subtle and nuanced enough to realise there are no easy solutions. Like most IT people, you have a pretty naive black and white view of the world.
And probably in the great scheme of things none of it matters anyway - human beings are an insignificant little accident in the cosmos and will get what they deserve as a whole, whether 'tis good or bad.

[sasguru]

There is no such thing as a pure capitalist economy with zero Govt regulation.

There is nothing wrong with the Govt stimulating useful research that helps the country in a long term. It is not against capitalism to tax some fuels (petrol) more than others (diesel), in fact if you look at company cars BIK rates, then they did excellent thing by pushing company drivers towards diesel. There is not a "soviet" approach, about which you have no clue about, where as I know what it is very well.

whereas

[AtW]

No some of us are subtle and nuanced enough to realise there are no easy solutions.

What's your "subtle" solution, do nothing? Or keep paying bribes to UAE to ensure you can "sell" your airplanes there?

[bored]

The relation is simple - the banks are screwing around with yet another "financial instrument" instead of financing R&D that will help avoid dependency on oil.

The purpose of (merchant) banks is to serve as intermediaries in financial deals. Asking them to finance R&D is like asking your average recruitment agency to finance R&D. It's not their business, they don't know how to do it and it's probably illegal for them to do it anyway.

[NoddY]

The purpose of (merchant) banks is to serve as intermediaries in financial deals. Asking them to finance R&D is like asking your average recruitment agency to finance R&D. It's not their business, they don't know how to do it and it's probably illegal for them to do it anyway.

It seems they know little about the property market as well, but that hasn't stopped them. As gatekeepers to capital, they are more than happy to finance a housing bubble by allowing buy-to-let gamblers leverage up to the millions, but ask about business finance or R&D and it's the Spanish Inquisition.