Curtains come down on Brown's bankrupt Britain.

dervish

purch wrote: »

Whilst it is a very interesting and compelling piece,it is hard to take seriously a "writer" who does such !!!! poor reseach, that he thinks the U.K. has the post of Treasury Secretary.

We have: Chief Secretary to the Treasury.

purch

We have: Chief Secretary to the Treasury

You're not wrong.

Yvette Cooper hold that particular post. Alastair Darling did once, but Gordy never did.

bubblesmoney

isnt someone here addicted to the chaff than the wheat.

oops i forgot u also dont like wikiwrongmostofthetimepedia links. but guess others like the substance of the argument than just semantics

roddydogs

Here we go again-another "Its All Maggies Fault".......Labour has been in 11 years, why didnt they reverse these changes?

bubblesmoney

Thrugelmir wrote: »

Maggie stood down in 1990. So a whole generation would have no idea who she is even and the good things that she did for the country while in office.

Governments backed by the "expertise" of the civil service should have seen the problems in the economy.

The real issue for international trade is now the Chinese who appear to be fixing their foreign exchange rates for their own agenda.

arent uk and usa doing that with quantitative easing etc as well. arent they trying to devalue their debt by down valuing their currency by opening the printing presses.

is the problem the person who produces who expects their credit to be paid back or is the problem the person who gorged on debt and wants to devalue that debt and keep gorging on debt.

Thrugelmir

bubblesmoney wrote: »

arent uk and usa doing that with quantitative easing etc as well. arent they trying to devalue their debt by down valuing their currency by opening the printing presses.

is the problem the person who produces who expects their credit to be paid back or is the problem the person who gorged on debt and wants to devalue that debt and keep gorging on debt.

The Chinese Yuan is pegged at a fixed rate to the US$. The view held widely is this benefits the Chiense economy for exports but dampens the demand for imports. Creating a trade imbalance and a vast trade surplus.

This is part of the reason why over the past 15 years global companies have transferred their large manufacturing facilities to China.

purch

isnt someone here addicted to the chaff than the wheat

I've ALWAYS wanted a stalker !!!! :T

Rochdale_Pioneers

An interesting piece which rightly notes this is the end of the Thatcher-Reagan neo-Liberal consensus forged in the 80s and adopted by politicians across much of the west of whatever political persuasion as the only game in town.

No, thats not "Blame Thatcher", its simply noting that the economic settlement brought in in her era continued until last summer. Labour pursued it with as has been suggested more gusto than even she managed.

What will be interesting now will be how parties and politicians react to the new economic settlement being forged. Free-market liberalism has been replaced by state managed partially nationalised financial systems. How well Labour and the Tories adopt their ideologies to this new reality will determine how successful they will be in this new era.

ruggedtoast

Really2 wrote: »

Does that not make you think why is he writting it?

F William Engdahl is author of A Century of War: Anglo-American Oil Politics and the New World Order (Pluto Press) and Seeds of Destruction: The Hidden Agenda of Genetic Manipulation (www.globalresearch.ca). The present article is adapted from his forthcoming book, due in summer 2009, Power of Money: The Rise and Decline of the American Century. He may be contacted through his website,

:rotfl:
Sorry now I know why.

Why do people forcast the end of days" and write a book about it and sell it.
If no one is going to have any money in the future what point is the book? expensive fire starters?
Also he would be better preparing for this "end" (If he actualy belived it:rolleyes: ) rarther than writting a book.

Interesting. How many books have you had published?

Really2

ruggedtoast wrote: »

Interesting. How many books have you had published?

But In all seriousness how many books as Steven King (most pobably had a lot of things come true in his books if you read into them enough) had published
Are you just trying to prove how bad this fiction writter is? (Let me guess you belive Nostradamus)

I have not written a book I am to busy preparing for the end of the world.

Now if you don't mind I am making a tin foil hat for my squirel.