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Rudi Hedman Caterham 07 Nov 19 12.10pm | |
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Originally posted by Jway89
But there would not be financial markets without the Government, right? If we want to be the only country without financial markets then we will be living centuries in the past. There might be too many people here to not rely on resources abroad, but if live a life of centuries in the past then that might change with anyone with foreign citizenship or investments other than in pounds will have left. Stock up on weapons though. You’ll need them.
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Rudi Hedman Caterham 07 Nov 19 12.13pm | |
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Originally posted by Jway89
Bonds from countries that can print their own money will always be bought, almost independent of the interest, because they are seen as a store of value that will be paid back definitely. Definitely? Always? You sound like you’re okay with out of control inflation and interest rates.
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Deleted11 07 Nov 19 12.15pm | |
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Originally posted by Rudi Hedman
If we want to be the only country without financial markets then we will be living centuries in the past. There might be too many people here to not rely on resources abroad, but if live a life of centuries in the past then that might change with anyone with foreign citizenship or investments other than in pounds will have left. Stock up on weapons though. You’ll need them. The Uk has nukes not sure my stanley knife is going to be much use
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Rudi Hedman Caterham 07 Nov 19 12.16pm | |
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This is all stuff that won’t be risked to that extent anyway, because if Corbyn did, he’d be voted out swiftly. I wanna know the next scandal. The press must have a few skeletons for us to laugh or froth at. Any photos of Corbyn being rimmed by Diane Abbott?
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Deleted11 07 Nov 19 12.17pm | |
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Originally posted by Rudi Hedman
Definitely? Always? You sound like you’re okay with out of control inflation and interest rates. Not at all, but the proof is in the pudding right?
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Rudi Hedman Caterham 07 Nov 19 12.18pm | |
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Originally posted by Jway89
The Uk has nukes not sure my stanley knife is going to be much use You’ll need something when a gang from Croydon or wherever come for your home and belongings.
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Deleted11 07 Nov 19 12.19pm | |
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Originally posted by Rudi Hedman
You’ll need something when a gang from Croydon or wherever come for your home and belongings. I'll be joining them
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Rudi Hedman Caterham 07 Nov 19 12.21pm | |
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Originally posted by Jway89
Not at all, but the proof is in the pudding right? The deficit and debt has been reduced with 1) austerity. It’s either that or 2) spending stimulating growth. Imo it should’ve been 1 then an increase of 2 but 2 is late.
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Deleted11 07 Nov 19 12.24pm | |
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Originally posted by Rudi Hedman
The deficit and debt has been reduced with 1) austerity. It’s either that or 2) spending stimulating growth. Imo it should’ve been 1 then an increase of 2 but 2 is late. Fair enough. I'm of the opposite view.Spend when its going bad, save when it's going good.
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cryrst The garden of England 07 Nov 19 12.24pm | |
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Labour want to tax the top 5% of earners more.
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mezzer Main Stand, Block F, Row 20 seat 1... 07 Nov 19 12.27pm | |
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Originally posted by Jway89
Not at all, but the proof is in the pudding right? Check out Modern Monetary Theory (MMT) if you haven't already. Not sure I agree with it all but at least it tries to make sense of why all the old economic rules changed in 2008.
Living down here does have some advantages. At least you can see them cry. |
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Deleted11 07 Nov 19 12.28pm | |
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Originally posted by Rudi Hedman
The deficit and debt has been reduced with 1) austerity. It’s either that or 2) spending stimulating growth. Imo it should’ve been 1 then an increase of 2 but 2 is late. Have to take issue with that. The debt taking war out of the equation, has gone up massively in the last 10 years especially. f the deficit is important to you, fair enough. It's not that important to me as I see it as a sign that we're not a 3rd world country.
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