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Britain stuck with high inflation, meagre growth..

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    #41
    Originally posted by DimPrawn View Post
    The actual answer is the previous growth and prosperity was an illusion based upon continuously borrowing from the future to pay for today, fractional reserve banking, ditching the gold standard so that money is not tied to value, etc.

    There is no solution, this is the new paradigm.

    So just enjoy what you have, party, have fun, smile, go out, travel, and stop worrying about it. You didn't cause the issue and you certainly won't solve it in your lifetime.



    PS And whoever you vote for won't make the slightest bit of difference. They just want the credit bubble to pump up again.
    WHS
    And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

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      #42
      Plenty of business opportunities in Spain running souvenir shops. I've already started looking for a place to rent.

      My advice, get out! Soon (hopefully) the only thing left on the streets of the UK will be politicians on bicycles.
      McCoy: "Medical men are trained in logic."
      Spock: "Trained? Judging from you, I would have guessed it was trial and error."

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        #43
        Originally posted by Scoobos View Post
        Or in other words, sell the population out to becoming little worker bees for no reason other than GDP, of which they see a very small fraction. Oh hold on, that's what we are doing by lifting restrictions on various EU workers from struggling countries, and bringing them in to work for a pittance.

        Cheap labour, marginalising the local british workforce and compounding the recession in the name of quick bucks for the proportionate wealthy few.

        Inequality of wealth is now growing worse than ever. It's not just the gap between the absolute bottom of the working class and the upper that is growing now, but its becoming a 2 class country - those at the very top and everyone else.

        In my local paper (im in surrey at the moment) I'm reading about Middle class repossessions going through the roof.
        No, that's absolutely not what i said at all.

        You seriously need to stop swallowing so many left-wing myths and cliches.

        Comment


          #44
          Originally posted by DimPrawn View Post
          The actual answer is the previous growth and prosperity was an illusion based upon continuously borrowing from the future to pay for today, fractional reserve banking, ditching the gold standard so that money is not tied to value, etc.

          There is no solution, this is the new paradigm.

          So just enjoy what you have, party, have fun, smile, go out, travel, and stop worrying about it. You didn't cause the issue and you certainly won't solve it in your lifetime.



          PS And whoever you vote for won't make the slightest bit of difference. They just want the credit bubble to pump up again.
          Hmmmnn some sensible talk from the fishy one.
          Bazza gets caught
          Socrates - "The only true wisdom is in knowing you know nothing."

          CUK University Challenge Champions 2010

          Comment


            #45
            my dad used to warn me about borrowing and debt. I think he was right

            there is a wise olde saying that he had, (or i may have just made up)

            Borrow ye not, a pound nor a buck
            less ye can hide your face, and run like fck




            (\__/)
            (>'.'<)
            ("")("") Born to Drink. Forced to Work

            Comment


              #46
              People who don't' borrow in this day and age are the fools though unfortunately.

              The government has made it stupid not to load yourself with debt.

              Comment


                #47
                Originally posted by Robinho View Post
                People who don't' borrow in this day and age are the fools though unfortunately.

                The government has made it stupid not to load yourself with debt.
                we had this conversation last week.

                I remain unconvinced



                (\__/)
                (>'.'<)
                ("")("") Born to Drink. Forced to Work

                Comment


                  #48
                  Originally posted by EternalOptimist View Post

                  I remain unconvinced



                  A lot of verbiage when 'BS' would do.
                  And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

                  Comment


                    #49
                    Originally posted by Mich the Tester View Post
                    A lot of verbiage when 'BS' would do.
                    Care to expand mich? (as if you could )

                    Comment


                      #50
                      Originally posted by Robinho View Post
                      People who don't' borrow in this day and age are the fools though unfortunately.

                      The government has made it stupid not to load yourself with debt.
                      Rubbish. The problem is that people in this day and age have exchanged their wages for debt and now they are trapped.

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