Government say 'That's it, no more stimulus , the £50 billion is it.'

chucky

ad9898 wrote: »

By stimulus chucky I was refering to the government borrowing not QE, if I meant QE I would mention it specifically, hence the fact I didn't mention it when it came to the 'car industry issue'. The scrappage scheme is a form of stimulus supported by government borrowing not QE. This was the point I was making to Degenerate, who obviously hadn't read my posts properly.

seeing that the thread was talking about stimulus and £50 billion most would think it was about QE not car scappage

StevieJ

chucky wrote: »

seeing that the thread was talking about stimulus and £50 billion most would think it was about QE not car scappage

You mean like the title

Government say 'That's it, no more stimulus , the £50 billion is it.'

mewbie_2

ad9898 wrote: »

I'm sure you'll get thanked by the usual suspects...

Oh yes...

The Following User Says Thank You to chucky For This Useful Post: Show me >> rewired3 (Today)

Lol....

Masomnia

To be fair, I think it was me that brought up government borrowing to begin with.

I took 'stimulus' to mean both borrowing and QE. Just so happened that the last of it would come under QE.

tomterm8

lostinrates wrote: »

now this is it, fullstop, but suppose after ''this bit'' industry is not so upbeat? Why would they rule out continuing with an action they see as good?

I'm presuming its only because its ok if the timing is right/to a maximum spend? How do we know these two will be ''wrong'' in the future?

The best analogy I can give is that QE is like wine. There's nothing wrong with a glass at the weekend, but if you drink too much you'll go into a coma and die.

QE is good in theory as long as you do it in the right circumstances... which are, essentially that you are in a deep deep recession, and inflation isn't a problem. Since the full effect of QE isn't felt for around 4-6 months, the fact they are discontinuing QE now pretty much means they think that we will be coming out of recession in the next quarter or two.

nearlynew

http://www.thedailymash.co.uk/news/business/bankers-get-another-%a350-billion-to-rub-against-their-genitals-200908071963/

Graham_Devon

ad9898 wrote: »

. Jeez.....

It's hard work, but someones gotta do it

StevieJ

You can relax soon AD, off for a few days to the coast for some rest and relaxation

chucky

ad9898 wrote: »

I'm thinking of leaving for a couple of weeks myself, the board is going downhill quite fast with the finger pointing and laughing, it's ironic that the the more extreme bears have had a hiatus, and it's the more fair minded people that are being ridiculed at every turn, it's getting tiresome.

<joking> looks like they've done a runner with the standard issue bear 95% cash deposit to buy a house <joking>

Graham_Devon

ad9898 wrote: »

I'll perhaps pop in in a couple of weeks time, if it's not changed, then it's adios amigos.

Up to you really, but I think this is the point. It happened to !!!!!!, Wookster and others. Now posting in different places, and even so, being followed.

I don't want to sign up to HPC as it's a bit like hedging a safe bet in getting someone to agree with you. But I am tempted, which I'm sure will make many on here happy.

The level of conversation is just much higher there, and things actually get discussed. Used to happen here, but now it's just rolling icons and smiley faces after yet another jab. Totally made up false lies even get thanked by about 7 of the usuals now. Even when someone agrees with you, they have to make a stupid jab comment to pull you down right after.

Don't mind me, just having an open whinge.