- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "According to former BofE Governor, the European Depression Was A "Deliberate" Act"
Collapse
-
Originally posted by sasguru View PostQuite. A complacent mediocrity who's now bitter.
The Budget sparked fury among economists, 364 of whom penned a letter to The Times demanding that a different course be taken, along the lines of a Keynesian style approach where spending would be increased to boost the economy. One of the signatories was Mervyn King, then an economics lecturer at Birmnigham University, now the Governor of the Bank of England.
Is the sort of person we should be listening to?
I suppose he will sell more copies of his book by writing nonsense.
Leave a comment:
-
Originally posted by sasguru View Post
Feck me when God handed out brains, I think he got tired towards the end and gave out blancmange by mistake.
Leave a comment:
-
Originally posted by OwlHoot View Post
Still fancy voting to stay in the EU, Sas you smug complacent twit?
Feck me when God handed out brains, I think he got tired towards the end and gave out blancmange by mistake.
Leave a comment:
-
According to former BofE Governor, the European Depression Was A "Deliberate" Act
2016-03-02 Striking Admission By Former Bank Of England Head: The European Depression Was A "Deliberate" Act
Once again we find that it is only after they leave their official posts that central bankers finally tell the truth.
Last night, it was Alan Greenspan who blasted the state of the economy, saying that "we’re in trouble basically because productivity is dead in the water" and when asked if he is optimistic going forward, Greenspan replied "no, I haven't been for quite a while."
Then on Sunday, the former head of the BOE, Mervyn King, warned that another aspect of the global economy, namely the financial system whose structural problems remain untouched since the financial crisis have been untouched, is "certain to have another crisis."
To be sure, warnings by former central bankers who are more responsible about the current global mess sound as nothing but revisionist bulltulip. And yet, it was what King said today at the launch of his new book that left us surprised.
As the Telegraph reports today, according to the former head of the Bank of England Europe's economic depression "is the result of "deliberate" policy choices made by EU elites. Mervyn King continued his scathing assault on Europe's economic and monetary union, having predicted the beleaguered currency zone will need to be dismantled to free its weakest members from unremitting austerity and record levels of unemployment.
:::
Recall what then-AIG Banque's strategist Bernard Connolly said in response to the rhetorical question of "What Europe wants"
To use global issues as excuses to extend its power:
* environmental issues: increase control over member countries; advance idea of global governance
* terrorism: use excuse for greater control over police and judicial issues; increase extent of surveillance
* global financial crisis: kill two birds (free market; Anglo-Saxon economies) with one stone (Europe-wide regulator; attempts at global financial governance)
* EMU: create a crisis to force introduction of “European economic government”
The tragedy for Europe is that it has all panned out just as Europe's unelected, ruling oligarchy as expected, and while we should congratulate Brussels which has managed to not only preserve but solidify its power, it now rules over a decaying, economically insolvent continent, with an entire generation left unemployed, with millions of refugees scrambling to get in, and with Europe's cultural "integration" back to levels not seen in decades.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: