Reply to: Gold

[HairyArsedBloke]

Britain cannot be a fiscally stable country as long as the Labour party remain liable to win power.

Aye.

I'm genuine when I say I think that they should be put on trial along with those that have collaborated with them.

[Churchill]

You see the other big risk is five years from now. A conservative government, hated because of the painful cuts it will have to make, gets thrown out for a ‘New Improved Labour’ government, led by some smiling, charming chappy who says ‘we’ve changed and things can only get better’, which then goes and squanders it all over again on all sorts of unprofitable shytte.

Britain cannot be a fiscally stable country as long as the Labour party remain liable to win power.

And so the cycle begins again.

Labour shag the country, the Conservatives rebuild.

It's happened before(on numerous occasions) and it'll happen again.

Cue Lion King song...

It's the circle......

The circle of life.....

[Mich the Tester]

I agree - it would disastrous for both sides.

You see the other big risk is five years from now. A conservative government, hated because of the painful cuts it will have to make, gets thrown out for a ‘New Improved Labour’ government, led by some smiling, charming chappy who says ‘we’ve changed and things can only get better’, which then goes and squanders it all over again on all sorts of unprofitable shytte.

Britain cannot be a fiscally stable country as long as the Labour party remain liable to win power.

[cojak]

I agree - it would disastrous for both sides.

[Mich the Tester]

I don't know why the , I'm quite happy about not being allowed in....

You know, as a British citizen I'm neutral about the Euro but as a resident of a Euroland country I'd say no because Euroland already has enough fiscal basket cases to deal with.

[cojak]

I don't know why the , I'm quite happy about not being allowed in....

[Mich the Tester]

That rules UK then.

Yes. Good. I don't want a country that has gone close to bankruptcy twice in my lifetime (Labour 1979, 2010) ruining the money in my pocket. Britain does not have the fiscal discipline to join a currency that should actually have been restricted to Germany, Holland and a few others in a sort of modern version of the Hanseatic league.

[AtW]

but FFS, the EU must NEVER AGAIN allow a country into the Euro that hasn't demonstrated iron fiscal discipline for at least 20 years.

That rules UK then.

[suityou01]

This could throw every economy in western Europe into chaos.

That would be the plan, yes. Not long now.

[Mich the Tester]

Good theory - the Euro is about the only currency Sterling is up against this morning.

You know, I'm a sort of critical pro-EU, cosmopolitan type of chap, but I wasn't happy when Greece was allowed into the Euro, and I'm pretty pissed off now. The bulk of this bail out will come from German and Dutch taxpayers, who've already bailed out the banks and now find our governments lending about 2500 euros for every taxpayer to a government that has never had any fiscal discipline and as far as I can see is never going to have any and probably won't pay us back. I understand that it has to be done, but FFS, the EU must NEVER AGAIN allow a country into the Euro that hasn't demonstrated iron fiscal discipline for at least 20 years. This could throw every economy in western Europe into chaos.

[AtW]

I hope AtW sold his Euro's.

[TimberWolf]

I hope AtW sold his Euro's.

[TimberWolf]

Flight from the euro-drachma?

Good theory - the Euro is about the only currency Sterling is up against this morning.

[Mich the Tester]

Something's up - gold is rising sharply again this morning. Another new record broken.

Flight from the euro-drachma?

[Moscow Mule]

Something's up - gold is rising sharply again this morning. Another new record broken.

n.b. The forum search facility seems worse than before, totally broken now I think. After trying for several minutes searching to find this thread using the search tool I eventually gave up and looked through the list of threads manually.

Stick it in the bugs list then...