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exiled CITY AFC

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#16
25/11/2017 at 17:56

Tide em over....

LMAO  

Let it never be said that I was silent when they needed me - William Wilberforce 

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candw

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#17
26/11/2017 at 07:49

When you can't answer, ridicule, eh exiled? That should tide us over for 7 more years of 'austerity'.

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exiled CITY AFC

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#18
26/11/2017 at 14:40

Candy can you tell me what was the purpose of austerity?
Given the state of the economy was it actually austerity or just lifting the debt accelerater a little?
Now we have had a few years of building debt at a breakneck pace instead of a Kamikaze pace what do you think the problem is?

It's useless trying to discuss this when I think an economy should be balanced and that if a government can't do investment...it would be better off doing none.

ID cards
NHS IT
Scottish Parliament
Better Care fund
Etc etc.

...and you think it should own everything and borrow loads.

For someone with the avatar you have I wonder why you want to make capitalists so rich by borrowing

Post edited on 26/11/2017 at 14:41 by exiled CITY AFC

Let it never be said that I was silent when they needed me - William Wilberforce 

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essexgull

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#19
26/11/2017 at 16:04

So if the government shouldn't invest, how will the economy rebalanced itself?

This would mean the private sector, instead of complaining about skills shortages, training up employees properly, investing in impoverished regional development, paying employees properly so that the tax payer doesn't have to subsidise them... And so on. All things that official figures show are not happening enough in the UK.


ESSEX GULL  

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candw

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#20
26/11/2017 at 16:32

The purpose of Austerity was to shrink the role of the state in the economy for ideological reasons. It certainly was not to pay off debt or they wouldn't have shrunk the economy, would they?

ID cards? Blimey! Having to use phone so will expand later.

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exiled CITY AFC

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#21
27/11/2017 at 09:26

Quote Quote by essexgull on 26/11/2017 at 16:04
So if the government shouldn't invest, how will the economy rebalanced itself?

This would mean the private sector, instead of complaining about skills shortages, training up employees properly, investing in impoverished regional development, paying employees properly so that the tax payer doesn't have to subsidise them... And so on. All things that official figures show are not happening enough in the UK.
ESSEX GULL


Because having lost faith with the banks, organisations are building in their own safety systems. What it shows is the pri-sec has the stomach for what REALLY needs doing but the govt don't. Years and years of living on borrowed dimes will take decades to break out of.

I am doing it myself - living debt free is utterly liberating - but maybe UK PLC wants to live under the yoke forever.

You debt boys are addicted. 

Let it never be said that I was silent when they needed me - William Wilberforce 

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candw

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#22
27/11/2017 at 10:33

That's meaningless nonsense and explains NOTHING about how the post Brexit economy will make up for all the consequent losses PLUS produce and sell a lot more, export more and import less.

As for the PriSec's "safety system", it seems a code for hiding abroad the money it hasn't used on investing/R&D and keeping it out of the hands of the country and hope the storm passes.

RAUS, as so often been said on here!

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exiled CITY AFC

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#23
28/11/2017 at 14:44

Love the way you think the money belongs to the state...

It prints the money and sends it off in the system.

The system depends on millions and millions of voluntary exchanges between free indivuals.

Those of us who have a chair to sit on, like musical chairs, are sitting on it and have done so since since 2008.

Remember back then when people who were shit with money and lenders who were shit at lending money inadvertently conspired to crash the global financial system. Yes you remember because the world had got so drunk on Debt they never believed the lending would end and sold off all their gold, spent every penny, and looked forward to the days of boom and bust being over...

Meanwhile those of us being prudent and enforcing a self-austerity and doing pretty well are being castigated by Debt monkeys like you.

Call back when I have something to give you.

In the meantime you can fake it some more with some more borrowing eh?  

Let it never be said that I was silent when they needed me - William Wilberforce 

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essexgull

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#24
28/11/2017 at 16:33

If the state is not permitted to 'print money', as you put it, and people like you are sitting on money, refusing to invest, the economy will stagnate, then grind to a halt and no-one will benefit. The increase in debt limits and cutting of interest rates was to stop that from happening by stimulating the economy.

Whether you like it or not, the whole economy runs on debt and has done for centuries. Paper money itself is a debt - an IOU. There's no point getting precious because you've paid off your debts. The US and China combined owe trillions of dollars in debt, so if the bubble bursts, you won't be immune, no one will..

At the end of the day, the only debt that is secured, is a home. All other debts, if you don't pay them, you go to a civil court and lose what you took the debt on. It's no big deal. The emphasis is on finance companies and who is backing them to lend out the unsecured money. In your industry, it's often the car producers, who've borrowed money to loan to purchasers to buy their cars. If the market pops, so then will the car producers and their shareholders/backers.

It's never as simple as one borrower and one loaner.


ESSEX GULL  

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candw

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#25
28/11/2017 at 20:09

Those of us who have a chair to sit on, like musical chairs, are sitting on it and have done so since since 2008.

Says the patriotic cunt who hasn't invested in our country and vilifies someone who talks about doing so. I hope when Labour get in they tax non-progressive firms heavily; limping along using cheap, no contract labour instead of modernising will have business rates 25% above those firms joining in the crusade to make our country develop.

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exiled CITY AFC

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#26
28/11/2017 at 23:37

Yeah well this un-patriotic cunt paid more than £400k in personal UK tax last year, created more than 25 new jobs and never took a dime off the govt to do so. The Work I did for the public sector saved and audited 10X what it cost so the 'profit' I took was a fucking bargain compared to the billions that get wasted by fucking useless budget pushers who wouldn't know how to run a piss-up in a brewery on a day out with the Royal mint social club.

I won't take lectures from someone funded by people like me all his professional life who is not only not grateful for that but then suggests stealing from those with wealth to no doubt fritter it around again on badly managed government investment projects with no thought for the bigger picture. You are so good at suggesting ways of spending others money and taxing everyone else you should be a fucking politician.

Un-patriotic ?

Get to fuck...

If acting with fiscal responsibility is deemed un-patriotic it just shows how bat shit crazy the system has become.

Let it never be said that I was silent when they needed me - William Wilberforce 

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candw

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#27
29/11/2017 at 07:51

Those of us who have a chair to sit on, like musical chairs, are sitting on it and have done so since since 2008.

So what was this shit about? How does it fit with you latest first paragraph?

I am grateful you paid the tax you owed. Well, not grateful actually, as it is what you're supposed to do. Anyway I hope you had enough left to live reasonably on. And I mean that seriously.

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Obadiah

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#28
29/11/2017 at 10:30

Quote Quote by exiled CITY AFC on 25/11/2017 at 06:39


Maybe us capitalists know better than the polticians that blow in every changing winds. We are all forgoing dividends and building balances after the bankers screwed the pooch. McDonald just wants to cozy up to the banks again after his 'fund manager' mates told him they like borrowing...

If you can't understand why many capitalists don't want to go on a spending spree until the books balance again living beyond our means is not a long term option then I hope you can look your kids in eye and tell em "fuck you" politely.

They will be paying for your largesse for all their lives.


Isn't this exactly what the Allams are doing? Building up the balances of Allamhouse. 

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exiled CITY AFC

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#29
29/11/2017 at 11:24

Yes - exactly what I expect them to do - they have run Allam house like that for a long while now. Indeed the exception was getting involved in HCAFC where they extended a line of credit at 5% (subsequent reduced) plus a management charge.

Let it never be said that I was silent when they needed me - William Wilberforce 

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