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robdave2k 29 Jan 20 9.30pm | |
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Originally posted by Wisbech Eagle
Right wing politics are not "doing great for Britain" at all. If the Bank of England are contemplating cutting the already low interest rates even further that's a pretty strong indicator that there are problems ahead, despite all the cheerleading that the right wing, Brexit enthusiastic, media are doing. If the opposite happens and we get an even further right wing government, a no deal Brexit and throw ourselves onto Trump's lap whilst begging for scraps then I see the UK breaking up as a consequence, in a few years time. That's hardly us "doing great" is it? So from your all seeing pedestal..... Do you think it was right for Scotland to have a vote on independence when they did? And Do you think they should be allowed another now?
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Matov 29 Jan 20 9.40pm | |
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Originally posted by Teddy Eagle
Taking economists projections as fact is a bit dubious. How many of these far seeing savants predicted the financial collapse in 2008? Absolutely. Perhaps at a macro level you could argue that how a central bank sets interest rates can be used, the reality is that over-all there are to many factors and unknowns. Had my own eyes opened to by the only person I know who has ever made money by trading on the financial markets. He has all the bits of paper, a long career in a bank and could no doubt call himself an economist but he freely admits that he trades, primarily currencies, literally on a minute by minute basis, rarely holding a position for even an hour, let alone any longer. Trades by news, nipping in for as long as it takes to make a profit and then out again. He recommended I read 'Black Swan' by Nassim Nicholas Taleb and it changed my outlook on how the entire world works. A book I would have on the national curriculum if I had my way. Exposes the entire profession of supposed economic forecasters for what they are. Charlatans of the highest order. Throw in the CRIMINAL way the ratings agencies acted in collusion with the bank in terms of the 2008 financial crash (if you have not done so watch 'The Big Short'. Another addition to the Matov National Curriculum) and you realise how the entire system is corrupt from top to bottom. Utterly rotten and toxic.
"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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Teddy Eagle 29 Jan 20 9.53pm | |
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Remember when a trillion dollars was considered a lot?
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Wisbech Eagle Truro Cornwall 29 Jan 20 10.30pm | |
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Originally posted by robdave2k
So from your all seeing pedestal..... Do you think it was right for Scotland to have a vote on independence when they did? And Do you think they should be allowed another now? No to both. The first was a cave in to the nationalists. If we are to consider breaking up the UK then everyone in the UK ought to be able to decide and the only people who should do that are our representatives in Parliament. If we held an advisory UK wide national referendum on the issue which returned a greater than 2/3rds majority of registered voters in favour of the proposed change then I believe it would be difficult for any Parliament not to act. That though ought to be the only way such a huge constitutional change is made. The second is simply no. If in 50 years from now we follow the path above then that would be acceptable. Until then we stay as we are.
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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Stirlingsays 29 Jan 20 10.34pm | |
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Originally posted by Matov
Absolutely. Perhaps at a macro level you could argue that how a central bank sets interest rates can be used, the reality is that over-all there are to many factors and unknowns. Had my own eyes opened to by the only person I know who has ever made money by trading on the financial markets. He has all the bits of paper, a long career in a bank and could no doubt call himself an economist but he freely admits that he trades, primarily currencies, literally on a minute by minute basis, rarely holding a position for even an hour, let alone any longer. Trades by news, nipping in for as long as it takes to make a profit and then out again. He recommended I read 'Black Swan' by Nassim Nicholas Taleb and it changed my outlook on how the entire world works. A book I would have on the national curriculum if I had my way. Exposes the entire profession of supposed economic forecasters for what they are. Charlatans of the highest order. Throw in the CRIMINAL way the ratings agencies acted in collusion with the bank in terms of the 2008 financial crash (if you have not done so watch 'The Big Short'. Another addition to the Matov National Curriculum) and you realise how the entire system is corrupt from top to bottom. Utterly rotten and toxic. I'll add the book to my list.
'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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cryrst The garden of England 29 Jan 20 10.36pm | |
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Originally posted by Wisbech Eagle
No to both. The first was a cave in to the nationalists. If we are to consider breaking up the UK then everyone in the UK ought to be able to decide and the only people who should do that are our representatives in Parliament. If we held an advisory UK wide national referendum on the issue which returned a greater than 2/3rds majority of registered voters in favour of the proposed change then I believe it would be difficult for any Parliament not to act. That though ought to be the only way such a huge constitutional change is made. The second is simply no. If in 50 years from now we follow the path above then that would be acceptable. Until then we stay as we are. Any majority is a win.
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Stirlingsays 29 Jan 20 10.44pm | |
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Our nationalists are so much better than their feminists. [Tweet Link]
As for the Scottish 'nationalists'.....As Sturgeon said, the 'nationalist' term for them is a legacy word as they are full on 'progressives'. And while I have no issues with Scotland going their own way if that's what a referendum result amounts to. I fail to see how 'independence' is 'independence' if it means merely swapping which parliament you take your wider orders from.
'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 29 Jan 20 10.44pm | |
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Originally posted by Teddy Eagle
Taking economists projections as fact is a bit dubious. How many of these far seeing savants predicted the financial collapse in 2008? Always predicting "events" is an impossibility. Some savvy commentators, I seem to recall, were expressing concerns about banks over stretching themselves and becoming vulnerable. Not all, or enough though. Economics is no more a science than forecasting race results.
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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Wisbech Eagle Truro Cornwall 29 Jan 20 10.48pm | |
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Originally posted by cryrst
Any majority is a win. If the proposal is to change the constitution then everyone, whether interested or not, ought to turn up and vote, or cast it in some other way. Having no opinion can be an option, but not expressing that option ought not to be.
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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Wisbech Eagle Truro Cornwall 29 Jan 20 10.56pm | |
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Originally posted by Matov
Simply smashing!
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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dannyboy1978 29 Jan 20 11.13pm | |
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Originally posted by Wisbech Eagle
Right wing politics are not "doing great for Britain" at all. If the Bank of England are contemplating cutting the already low interest rates even further that's a pretty strong indicator that there are problems ahead, despite all the cheerleading that the right wing, Brexit enthusiastic, media are doing. If the opposite happens and we get an even further right wing government, a no deal Brexit and throw ourselves onto Trump's lap whilst begging for scraps then I see the UK breaking up as a consequence, in a few years time. That's hardly us "doing great" is it? You are so negative ,oh my god.
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Teddy Eagle 29 Jan 20 11.27pm | |
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Originally posted by Wisbech Eagle
The difference is that the odds on a race are based, most of the time, on the balance of probabilities and are designed to limit liability for the bookmaker and not influenced by political opinions or ideologies.
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