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Previously on "Ignoring economics."

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  • Lance
    replied
    Originally posted by eek View Post
    That is what the vast majority of QE has been... It's not made much difference...
    That's been used to re-capitalise the banks. The entire economy has been devalued to fix their balance sheets.

    Leave a comment:


  • Bee
    replied
    It's in the title.

    Leave a comment:


  • The_Equalizer
    replied
    Originally posted by northernladyuk View Post
    How are you dealing with the changes in the make-up of the British populace since 1945?
    Better the the Remainers on here, the vast majority have already f***ed off out of the UK or are just about to.

    Leave a comment:


  • eek
    replied
    Originally posted by Lance View Post
    we could just print the cash and pay it off (the debt that is).
    Dunno why we don't really. We need some inflation anyway.
    That is what the vast majority of QE has been... It's not made much difference...

    Leave a comment:


  • Lance
    replied
    Originally posted by eek View Post
    That was going to be the case anyway. Gordon Brown's tax credits and housing benefit - now we are a country of private renters rather than public housing renters means the Government has a structural deficit it cannot close and doesn't have the political will to even pretend to be closing...
    we could just print the cash and pay it off (the debt that is).
    Dunno why we don't really. We need some inflation anyway.

    Leave a comment:


  • eek
    replied
    Originally posted by sasguru View Post
    I also expect the debt to GDP ratio to rise above 100%.
    That was going to be the case anyway. Gordon Brown's tax credits and housing benefit - now we are a country of private renters rather than public housing renters means the Government has a structural deficit it cannot close and doesn't have the political will to even pretend to be closing...

    Leave a comment:


  • sasguru
    replied
    Originally posted by Cirrus View Post
    You can be as clever as you like but if you have anything wrong with you, you'll lose even more hard-earned income going private because you can kiss good bye to getting treatment on the NHS within 11 months.

    Last week a motorbike shop in the next town to me was broken into at around 5 am. The thieves nicked one bike and then came back but were confronted by one of the staff. So they smashed his face in. Fortunately the police arrived on the scene. 50 minutes later. There's a big police station two minutes walk away but of course it was empty and the coppers had to drive from the county headquarters twenty miles away.

    Further economic distress will not be confined to the unwashed - we'll also all feel it as things crumble around us.
    The NHS is already a 2nd rate organisation compared to many continental services.
    I've had the best private coverage for years - it's only sensible.
    But you're right, the shrinkage in the economy after Brexit will put even more pressure on it.
    I also expect the debt to GDP ratio to rise above 100%.

    Leave a comment:


  • BlasterBates
    replied
    Labour will end up backing a second referendum

    Adonis predicts that Labour will back a second referendum, as it has embraced a meaningful Brexit transitional period. “Once Labour’s in favour it’s only a matter of time before the government has to concede … I would be very surprised if we’re not committed to a referendum on the exit terms within six months. The thing I only always learned from Tony [Blair] is ‘get the policy right and the politics will follow’. The right policy is a referendum on the exit terms, the politics will sort itself out.

    Leave a comment:


  • northernladyuk
    replied
    Originally posted by OwlHoot View Post
    Yes, it seems to be almost the defining quality of stick-in-the-mud Remainers, terrified of new challenges and desperately trying to cling to their EU comfort blanket.
    How are you dealing with the changes in the make-up of the British populace since 1945?

    Leave a comment:


  • OwlHoot
    replied
    Originally posted by woohoo View Post
    Regardless of the type of change, some people live their lives in fear of it. You can see that in the tone of some of the posters.
    Yes, it seems to be almost the defining quality of stick-in-the-mud Remainers, terrified of new challenges and desperately trying to cling to their EU comfort blanket.

    Leave a comment:


  • BR14
    replied
    WCS +1

    Leave a comment:


  • Cirrus
    replied
    Its bad enough already

    Originally posted by sasguru View Post
    If you are a well educated, highly skilled individual, hard Brexit is unlikely to affect you fundamentally unless you get sick or broken into
    You can be as clever as you like but if you have anything wrong with you, you'll lose even more hard-earned income going private because you can kiss good bye to getting treatment on the NHS within 11 months.

    Last week a motorbike shop in the next town to me was broken into at around 5 am. The thieves nicked one bike and then came back but were confronted by one of the staff. So they smashed his face in. Fortunately the police arrived on the scene. 50 minutes later. There's a big police station two minutes walk away but of course it was empty and the coppers had to drive from the county headquarters twenty miles away.

    Further economic distress will not be confined to the unwashed - we'll also all feel it as things crumble around us.

    Leave a comment:


  • vetran
    replied
    Originally posted by SueEllen View Post
    1. Fair enough

    2. The so called "mass uncontrolled immigration" is the fault of Blair, Brown and Cameron for not implementing the 2004 directive unlike every other EEA, EFTA and EU country.

    3. Nothing to do with the EU

    4. Nothing to do with the EU. (The same directive as 1 allows you to chuck out foreign criminals. )
    I didn't say it was all the EU's fault, just that its the reason we are in the current situation.

    Unfortunately Brussels stupidity & duplicity isn't the only problem in the UK.

    Leave a comment:


  • SueEllen
    replied
    Originally posted by vetran View Post
    some people think they know better despite people suggesting caution. The current situation is a direct result of this.

    1. No vote on the common market becoming an EU super state.
    2. No vote on massive uncontrolled immigration.
    3. No say on integration or the lack of it.
    4. No say on soft Jail sentences.

    Our masters and the liberal loonies closed the door on those discussions, Brexit blew the door open. You are still trying to close it by yelling at anyone standing on the other side not discussing how we fix it.
    1. Fair enough

    2. The so called "mass uncontrolled immigration" is the fault of Blair, Brown and Cameron for not implementing the 2004 directive unlike every other EEA, EFTA and EU country.

    3. Nothing to do with the EU

    4. Nothing to do with the EU. (The same directive as 1 allows you to chuck out foreign criminals. )

    Leave a comment:


  • vetran
    replied
    Originally posted by WTFH View Post
    Some people live in fear and hatred of all things foreign. Totally uninterested in whether it is good or not, if it is foreign it must be bad. You can tell by the tone of their posts and the way they like to jump in and derail discussions that might challenge their hatred.
    some people think they know better despite people suggesting caution. The current situation is a direct result of this.

    1. No vote on the common market becoming an EU super state.
    2. No vote on massive uncontrolled immigration.
    3. No say on integration or the lack of it.
    4. No say on soft Jail sentences.

    Our masters and the liberal loonies closed the door on those discussions, Brexit blew the door open. You are still trying to close it by yelling at anyone standing on the other side not discussing how we fix it.

    Leave a comment:

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