Debate House Prices


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Government to offer loans to buy cars

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  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Wookster wrote: »
    The real source of 'wealth' has been debt that has come through the so called international money markets. This has masked the fact that we don't actually produce much now but sustained the quality of life.

    Well stop borrowing then, I know I don't so it must be you :D plus my income comes from all over the world not just the UK.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ wrote: »
    Well stop borrowing then, I know I don't so it must be you :D plus my income comes from all over the world not just the UK.

    Me neither, I don't even have a credit card! It is interesting how the Tories are claiming that the fall in the £ won't help, before saying how the fall of the £ on Black Wednesday rescued the economy in the mid-1990s. Shome mishtake shurely?
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • Me neither, I don't even have a credit card! It is interesting how the Tories are claiming that the fall in the £ won't help, before saying how the fall of the £ on Black Wednesday rescued the economy in the mid-1990s. Shome mishtake shurely?

    Their other slice of illogic is this:

    "We disagree with everything the govenment is doing. A Conservativce government would not be spending this money"
    "The government can't call us the do-nothing party, look how they have stolen our policies!"
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Me neither, I don't even have a credit card! It is interesting how the Tories are claiming that the fall in the £ won't help, before saying how the fall of the £ on Black Wednesday rescued the economy in the mid-1990s. Shome mishtake shurely?

    Possibly more interesting that Labour claim not to have made a complete ar se of things!

    No more SIZE=1]tory[SIZE=2 boom and bust.[/SIZE][/SIZE]
  • Generali wrote: »
    Possibly more interesting that Labour claim not to have made a complete ar se of things!

    No more SIZE=1]tory[SIZE=2 boom and bust.[/SIZE][/SIZE]

    I have never argued that Gordon Brown does not deserve some of the blame. Mainly for giving the bankers exactly what they wanted for the 10 years he was Chancellor.
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I have never argued that Gordon Brown does not deserve some of the blame. Mainly for giving the bankers exactly what they wanted for the 10 years he was Chancellor.

    It's definitely all the bankers' fault.

    Borrowers? Blameless.
    Politicians? Whiter than white (literally! Of course the horrid right wing in the US won't allow a non-white person to be president whist those lovely Liberals in Europe will vote for lots of Black people to hold positions of real power, PM, Chancellor of the Exchquor, FO and Dept of Defence. Erm.....)
    Regulators? "Not me guv'. I was just doin' what I wuz told."

    Yup. Burn the bankers. Burn them!
  • Generali wrote: »
    It's definitely all the bankers' fault.

    Borrowers? Blameless.
    Politicians? Whiter than white (literally wtw, as black people are only allowed into power in nasty, racist, right wing America - according to the stereotype the left love anyhow!)
    Regulators? "Not me guv'. I was just doin' what I wuz told."

    Yup. Burn the bankers. Burn them!

    ??? Well, you might think that, but I just said the opposite in my previous quote.
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    ??? Well, you might think that, but I just said the opposite in my previous quote.

    Ok, my sarcasm doesn't come across well using the written word.

    Do you really just blame the Bankers for the current problems. We've met and you're bright I thought. I certainly didn't take you for the sort of idiot that would just go to look for a scapegoat and then start banging on about his creed.
  • Generali wrote: »
    Ok, my sarcasm doesn't come across well using the written word.

    Do you really just blame the Bankers for the current problems. We've met and you're bright I thought. I certainly didn't take you for the sort of idiot that would just go to look for a scapegoat and then start banging on about his creed.

    I have made perfectly clear in my past posts that just about everyone is to blame, but the bankers are to blame to the greatest extent, as they were at the centre of the credit bubble web.
    I can understand why you have this siege mentality, perhaps you need to have a good lie down.
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I have made perfectly clear in my past posts that just about everyone is to blame, but the bankers are to blame to the greatest extent, as they were at the centre of the credit bubble web.
    I can understand why you have this siege mentality, perhaps you need to have a good lie down.

    No siege mentality here Old Boy. Possibly a spot of jealousy in the number of your posts referring to the hell that awaits Australia?

    I don't recall you having any interest in Australian economics until a couple of months ago.
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