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Stirlingsays 11 Apr 20 4.33pm | |
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Originally posted by croydon proud
Ha, indeed we do Stirling! On a different note, theres something about priti patel don"t you think, very handsom lady, got a great top half to, but the process went awol on the bottom, still, although she"s at it(ask the Israelis. , maybe better not),but she is definately eye candy! She has something about her....I won't deny it.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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SavoyTruffle 11 Apr 20 4.42pm | |
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Originally posted by Stirlingsays
I like your desire for measurable actuali....though I stated what I thought mattered rather than waffled. I don't think we can avoid a recession, that's already nailed on. The only question is how long it goes on...and I have my fingers crossed on that. Come on MMT! Pull us out of this mess. In terms of deaths it depends upon how long before we get a mass produced vaccine.....So any number is going to be guesswork. But if you insist on a number... going with no mass produced vaccine being injected into us until February with given our population denisity and herd immunity I'd estimate around 120,000 deaths..if you're going to head back to work it's reasonably independent of what route you took (excepting successful early and permanent lockdown).
I think that’s probably a fair estimation in terms of numbers overall sadly. By all accounts of most of the economists I read recession was pretty nailed on for autumn time this year anyway corona has obviously just supercharged that and brought forward somewhat. I am interested to see if the response is the same as 2008 with further austerity or if things like debt jubilees (especially for the global south) and Eurobonds will be administered to get the world economy moving again quickly.
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Stirlingsays 11 Apr 20 5.02pm | |
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Originally posted by SavoyTruffle
I think that’s probably a fair estimation in terms of numbers overall sadly. By all accounts of most of the economists I read recession was pretty nailed on for autumn time this year anyway corona has obviously just supercharged that and brought forward somewhat. I am interested to see if the response is the same as 2008 with further austerity or if things like debt jubilees (especially for the global south) and Eurobonds will be administered to get the world economy moving again quickly. If the Tories go with austerity...though they probably won't have much choice.... then the Boris love affair we are going through at the moment (and best wishes on his health) will probably be of limited duration. At the top of societies you'd hope that meritocracy means that we get the brightest and most capable in the most important positions advising on and delivering on politicians' decisions (though we know with politicians that metric is less important to their success). Still what's the point of having a 160+ IQ unless it actually results in better outcomes. What I'm observing is that the people at the top of the tree are just sticking it all on the global credit card. Someone with an 85 IQ could do that.....Where's the meat and potatoes? Edited by Stirlingsays (11 Apr 2020 5.03pm)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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Matov 11 Apr 20 5.10pm | |
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Originally posted by Stirlingsays
Edited by Stirlingsays (11 Apr 2020 5.03pm)
Hence you need to print money (I suspect a form of universal income will come into play for a period) and try and kick start it all over. When they gets going, you have the problem of the debt to deal with and a decade or so of inflation will be the only way of taking the sting out of it. A very different form of economics, and politics, is about to become a reality. How that pans out...still far to early to tell.
"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell. |
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Stirlingsays 11 Apr 20 5.19pm | |
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Originally posted by Matov
The only way out of this will be inflation. Austerity only works if your tax take is steady. Issue here for the global economy is that is going to plummet. Hence you need to print money (I suspect a form of universal income will come into play for a period) and try and kick start it all over. When they gets going, you have the problem of the debt to deal with and a decade or so of inflation will be the only way of taking the sting out of it. A very different form of economics, and politics, is about to become a reality. How that pans out...still far to early to tell. Tips hat. The 'times are a changing'.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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Stirlingsays 11 Apr 20 5.41pm | |
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Originally posted by SavoyTruffle
I think that’s probably a fair estimation in terms of numbers overall sadly. By all accounts of most of the economists I read recession was pretty nailed on for autumn time this year anyway corona has obviously just supercharged that and brought forward somewhat. I am interested to see if the response is the same as 2008 with further austerity or if things like debt jubilees (especially for the global south) and Eurobonds will be administered to get the world economy moving again quickly. The only thing we can be certain of is uncertainty. It's always nice to create a deepity once in a while. Well, we can be certain of that and that England won't win the next world cup.....but get to the quarters or semis amid a lot of hype and talk of the manager's slightly weird looking waistcoat.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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Wisbech Eagle Truro Cornwall 11 Apr 20 5.48pm | |
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Originally posted by Spiderman
Maybe we had the virus in the UK sometime before it was realised. Do we actually know when it reared it's ugly head in China? (not just when they officially reported it). My wife had a persistent cough early in February, before it all really kicked off, she works for Border Force and was therefore dealing with people from all over, who really knows? I also had a very odd bout of illness late Jan which put me into bed for a day or two. Nasty cough, highish temperature and feeling very tired. It hit me suddenly and hard and was unlike anything I had experienced before. I have had the flu jab. I didn't connect it at the time but I am wondering now!
For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally. |
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Mapletree Croydon 11 Apr 20 5.49pm | |
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Originally posted by Stirlingsays
You see here how the left react when their religion is attacked. I certainly made an agenda driven point, however I also made an accurate one. This is a pure waste of money and the 'diversity' industry is nothing but a 'created' ball and chain on organisational spending....also driven by an ideological agenda. At some point the leadership on the right gave in to this BS...just as they have on most social issue arguments and now all I hear are warm words......However hardly any in the Tory grass roots go along with this and this amounts to a pure waste of taxpayer money.
I don’t have a religion. Another interesting accusation given the accuser. I happen to know considerably more on the topic than you. If you lowered the drawbridge once in a while and came out of Wisbech perhaps you would have some credibility. So, how much better could you do? You didn’t answer the question. Yet you are all-knowing. By the way, weren’t you the one bemoaning the requirement for a Degree to nurse? Then when people point out that many auxiliary staff aren’t medically qualified you get into high dudgeon. As far as I know cleaners, porters, laundry workers, catering staff and Care Assistants don’t need to be. It’s known as subsidiarity
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DanH SW2 11 Apr 20 6.00pm | |
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[Tweet Link]
I’m sure all you Diane Abbott haters will give Priti as much abuse for this.
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Rudi Hedman Caterham 11 Apr 20 6.09pm | |
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Originally posted by Matov
Hence you need to print money (I suspect a form of universal income will come into play for a period) and try and kick start it all over. When they gets going, you have the problem of the debt to deal with and a decade or so of inflation will be the only way of taking the sting out of it. A very different form of economics, and politics, is about to become a reality. How that pans out...still far to early to tell. That is what I said but apparently with MMT inflation can be avoided when considering the effects of quantitative easing after 2008.
COYP |
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Spiderman Horsham 11 Apr 20 6.11pm | |
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Originally posted by Wisbech Eagle
I also had a very odd bout of illness late Jan which put me into bed for a day or two. Nasty cough, highish temperature and feeling very tired. It hit me suddenly and hard and was unlike anything I had experienced before. I have had the flu jab. I didn't connect it at the time but I am wondering now! Indeed
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Rudi Hedman Caterham 11 Apr 20 6.13pm | |
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Originally posted by DanH
[Tweet Link]
I’m sure all you Diane Abbott haters will give Priti as much abuse for this. I remember in 2008 on parliament square she didn’t know the difference between govt debt and deficits, but tbf she was one of many. On QT a few years later she got London housing figures wildly wrong and got laughed at and corrected by Dimbleby or the audience or both. She’s nowhere near as bad as Diane Abbott though. And the cheeky smug chipmunk grin is the sex appeal some see.
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