Originally posted by EternalOptimist
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The End of Britain
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WHS.While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.' -
WHS. That "article" is a prime example of the misuse of graphs to con the gullible and under-edjumacated.Originally posted by NickFitz View PostIf all the stuff they say could happen does happen - and the article has more what-ifs than a Jehovah's Witnesses book about the end times - but, if it all comes to pass as they describe, I don't see how having a subscription to their magazine is really going to help.
As an example, they've used a non-contextual graph of Britain's debt - if you use the equivalent debt/GDP ratio graph which is more relevant, you'll see that the UKs debt has been much more proportionately in the past, most recently just after the 2nd World War.
Next!Hard Brexit now!
#prayfornodealComment
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Yes, it's like the ultimate Daily Mail scare article, a few fallacious arguments with some disingenuous statistics. Sadly some will fall for it and will be planning for the illusory apocalypse.Originally posted by sasguru View PostWHS. That "article" is a prime example of the misuse of graphs to con the gullible and under-edjumacated.
As an example, they've used a non-contextual graph of Britain's debt - if you use the equivalent debt/GDP ratio graph which is more relevant, you'll see that the UKs debt has been much more proportionately in the past, most recently just after the 2nd World War.
Next!Comment
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So I guess the ZIRP must be imaginary too, and having to bail out the banks, of the debt crisis in Greece yes all imagined with disingenuous stats.Originally posted by LatteLiberal View PostYes, it's like the ultimate Daily Mail scare article, a few fallacious arguments with some disingenuous statistics. Sadly some will fall for it and will be planning for the illusory apocalypse.
Do you happen to work for the public sector by any chance?Comment
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Don't worry, you're too stupid to get the point.Originally posted by escapeUK View PostSo I guess the ZIRP must be imaginary too, and having to bail out the banks, of the debt crisis in Greece yes all imagined with disingenuous stats.
Do you happen to work for the public sector by any chance?
And your skills and education aren't good enough to escape the UK either.Hard Brexit now!
#prayfornodealComment
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We are in a recession, granted, and it might take another few years to get going but that about it. An article based on that though wouldn't have gotten as many hits as this alarmist nonsense is getting though.Originally posted by escapeUK View PostSo I guess the ZIRP must be imaginary too, and having to bail out the banks, of the debt crisis in Greece yes all imagined with disingenuous stats.
Do you happen to work for the public sector by any chance?Comment
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Says the man who claims to be retired and wealthy enough to buy expensive sports cars yet spends his day typing on a forum for working contractors.Originally posted by sasguru View PostDon't worry, you're too stupid to get the point.
And your skills and education aren't good enough to escape the UK either.
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You ignored the question, so Im going to take the answer as being a yes. I cant take seriously what an economic parasite thinks.Originally posted by LatteLiberal View PostWe are in a recession, granted, and it might take another few years to get going but that about it. An article based on that though wouldn't have gotten as many hits as this alarmist nonsense is getting though.Comment
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So is there a date for this so called end of Britain? When is it? 2015? 2020? I thought not! its all speculation and scare mongering.Originally posted by escapeUK View PostYou ignored the question, so Im going to take the answer as being a yes. I cant take seriously what an economic parasite thinks.Comment
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Glib and smug as ever, but what you conveniently overlook is that the public spending proportion of GDP has crept up steadily over the last decade and is now approaching 50%, the highest level since the 70s (when things weren't exactly rosy for the UK) and before that WW2.Originally posted by sasguru View PostWHS. That "article" is a prime example of the misuse of graphs to con the gullible and under-edjumacated.
As an example, they've used a non-contextual graph of Britain's debt - if you use the equivalent debt/GDP ratio graph which is more relevant, you'll see that the UKs debt has been much more proportionately in the past, most recently just after the 2nd World War.
Next!
That proportion of GDP counts for nothing in the argument you're trying to make - It's just "taking in each others' washing" as Jonathan Swift (I think) put it.
As I mentioned recently, what gives me the creeps more than anything is how many non-essentials seem to have been getting noticeably cheaper over the last year or two. As economic signs go, that's equivalent to waking up on an ocean liner in mid voyage and seeing a steady stream of water seeping under the cabin door.
Yes, MoneyWeek may be trying to flog their panacea, but that doesn't mean they aren't correct!Last edited by OwlHoot; 8 December 2012, 12:22.Work in the public sector? Read the IR35 FAQ hereComment
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