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Spain in state of total emergency

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    The thing with BB is he's like a mule. He'll take a position and defend it against all evidence, when a rational, sentient, intelligent being changes their mind on the basis of new data.

    So for example the fact that there's a bank run in Spain and interest rates on their bonds hit record levels this week, the fact that the Greek elderly are grubbing about in bins for food etc etc just makes no impact on the tiny nodule that sits on top of his spine.

    Hard Brexit now!
    #prayfornodeal

    Comment


      Originally posted by sasguru View Post
      The thing with BB is he's like a mule. He'll take a position and defend it against all evidence, when a rational, sentient, intelligent being changes their mind on the basis of new data.

      So for example the fact that there's a bank run in Spain and interest rates on their bonds hit record levels this week, the fact that the Greek elderly are grubbing about in bins for food etc etc just makes no impact on the tiny nodule that sits on top of his spine.

      If he cannot "win" an argument he then shifts it to a subject where he think he can win. Must be an interesting individual to try an manage
      Let us not forget EU open doors immigration benefits IT contractors more than anyone

      Comment


        Originally posted by DodgyAgent View Post
        If he cannot "win" an argument he then shifts it to a subject where he think he can win. Must be an interesting individual to try an manage
        Long term low-level juniors don't need much management.
        Hard Brexit now!
        #prayfornodeal

        Comment


          Or maybe we are missing the point that perhaps we've gone crazy..

          Money is just a method of using an exchange economy. Its got no value at all, just a promise from a central bank.

          The fact that we're been ruled by complete idiots, bayed on by greedy morons who link money with success; seems to have gone missing. Also the rather obvious fact that we (every country) are ALL borrowing in order to grease the wheels of our microeconomies; over what we can actually barter back in salable goods or services that external countries want. But its ok, because the muppets who deal in the stock exchange "have confidence" that things will get better...

          A single Europe is in everyones interests, in so far as we should all be seen as allies - would we prefer sporadic war over cultural and resource issues? We won't fare as well as we did in the last one, that's for sure.

          Collapse - "How Societies Choose to Fail or Succeed" is worth a read... imo.

          Smart arse comment on what we should do then? - My opinion is we should re-assess seriously what marks a successful country or its government, the balance of payments sheet, or the standard of living of its citizens, or becoming more self-sufficient.

          Comment


            Originally posted by DodgyAgent View Post
            Countries run out of money and because they have no control over currency rates they cannot stimulate their economies to generate enough growth to pay back the loans.
            So, whoa there ! Are you saying public spending is the answer?

            Comment


              Originally posted by Scoobos View Post
              Or maybe we are missing the point that perhaps we've gone crazy..

              Money is just a method of using an exchange economy. Its got no value at all, just a promise from a central bank.

              .
              Got it one....

              Of course in the UK it's become a symbol of sovereignty and suddenly it is the magic solution to all economic woes, whilst ignoring the fact that the UK went through countless number of economic crises since the second world war. Also ignoring the fact that UK is a much in the sh*te as Spain or Italy.

              It's a means of exchange, and it needs to be stable. Beyond that it's up to government to shape economic policy and keep their finances in order.

              If the Anti-Euros are right the UK will go bounding ahead outpacing the Eurozone.

              But that's doubtful.
              I'm alright Jack

              Comment


                Originally posted by BlasterBates View Post
                . Also ignoring the fact that UK is a much in the sh*te as Spain or Italy.

                It's a means of exchange, .
                How so?

                Bank run? No
                Interest on debt? Record Lows
                Long term vs Short term debt? Long
                Ability to shape own fiscal and monetary policy? Yup
                Debt/GDP ratio? Not as bad as Italy and far lower than historical record
                Hard Brexit now!
                #prayfornodeal

                Comment


                  Originally posted by Scoobos View Post
                  Or maybe we are missing the point that perhaps we've gone crazy..

                  Money is just a method of using an exchange economy. Its got no value at all, just a promise from a central bank.

                  The fact that we're been ruled by complete idiots, bayed on by greedy morons who link money with success; seems to have gone missing. Also the rather obvious fact that we (every country) are ALL borrowing in order to grease the wheels of our microeconomies; over what we can actually barter back in salable goods or services that external countries want. But its ok, because the muppets who deal in the stock exchange "have confidence" that things will get better...

                  A single Europe is in everyones interests, in so far as we should all be seen as allies - would we prefer sporadic war over cultural and resource issues? We won't fare as well as we did in the last one, that's for sure.

                  Collapse - "How Societies Choose to Fail or Succeed" is worth a read... imo.

                  Smart arse comment on what we should do then? - My opinion is we should re-assess seriously what marks a successful country or its government, the balance of payments sheet, or the standard of living of its citizens, or becoming more self-sufficient.
                  This is idealistic bollocks. Yet again you are another one who tries to force an argument based on a negative perception. We can all shout about how wrong everything is but why don't you be really clever and offer a workable alternative? It particularly annoys mme when I hear hypocrites like you who have personally prospered from the people and institutions that you so criticise. They may be muppets but they have made you very rich.
                  Let us not forget EU open doors immigration benefits IT contractors more than anyone

                  Comment


                    Debt/GDP ratio? Not as bad as Italy and far lower than historical record

                    But as much as that's true - aren't the IMF and our puppet Governments stating that we can no longer afford public toilets ? Or that Austerity is necessary?

                    If the bloody victorians could afford public toilets, and the romans, I think we can.

                    Comment


                      Originally posted by BlasterBates View Post
                      It was joke, tongue in cheek.

                      But then humour was never your strong point.

                      Forgive me. I have seen many proposing moderate exchange rate moves as justification for or against the Euro.

                      Comment

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