Ooh look... GB 1 - 0 Cleggertoff...

kennyboy66_2

LauraW10 wrote: »

So true. The UK is having (and will have) no problems selling debt.

Why can't you, Wookster, Generali, the Tories and the Lib Cons just be honest and say that they want "smaller" government instead of creating "bogus" bond vigilantes to make it look like you have no choice?

You all keep looking for excuses but none of you have the courage of your convictions to state what you honestly believe - which is in smaller government. Instead you all want to chuck loads of people on the dole and tank the economy and "blame" labour saying look we had no choice.....

You're all cowards!

Pretty sure Generali as a libertarian has always been an big supporter of a much smaller government, has made little secret of it and always prepared to argue the intellectual case for it.

kennyboy66_2

kabayiri wrote: »

Oh I did , believe me , at the ballot box.

I want a smaller state, one that is sustainable .

As it happens, a lot of other people wanted the same, and they outnumbered your view.

That's democracy for you. Labour didn't make a decent enough case.

Harsh innit.

Hmmm, still to meet a Lib-Dem who voted for this. In fact many are disillusioned Lab voters, some would consider voting Green and many are waaaaay to the left of Blair/Brown style Labour.

Still there must be some Lib-Dems who are like David Laws and look and talk like a Tory. Their awfully quiet though.

kabayiri

kennyboy66 wrote: »

Pretty sure Generali as a libertarian has always been an big supporter of a much smaller government, has made little secret of it and always prepared to argue the intellectual case for it.

If I believed we could afford the 'mother of all states' and still balance our books I would happily accept it, but I don't.

It's not just that I want a smaller state, but I personally want a rebalancing. I'd take money away from certain areas and redirect into things like a greater expansion into R&D; and pure research. The cream of the crop research departments in our top universities should not be starved of funds.

Genetics, new emerging sciences, consultancy in realistic green technology, promotion of standards in the knowledge and IT world. We need to make a collective punt in these areas and aim high.

Diversity officers, PR officers for local government, arts and media managers, I don't see how these can generate the export markets of the future.

Thrugelmir

LauraW10 wrote: »

So true. The UK is having (and will have) no problems selling debt.

Please enlightenment me as to why the UK is in this privileged position?

kabayiri

Thrugelmir wrote: »

Please enlightenment me as to why the UK is in this privileged position?

The only country I believe which is in this unique position with respect to it's debt is the US.

brit1234

chucky wrote: »

that's a lie but a good one at least :T

it looks like you were most definetly not only a fan but a big fan by making the effort to start threads on his statements,... :eek:

https://forums.moneysavingexpert.com/discussion/comment/24238859#Comment_24238859

https://forums.moneysavingexpert.com/discussion/2036591

Chucky you are a dribbler. Yet again read the ######## posts. Can you not read, you are making yurself look silly for the 1000 time.

I repeat to you that you can not construct a valid argument so you attempt cheap stunts. Yet you don't check properly what you linked too. My postion has been constant. Learn to read your posting is a joke.:rotfl:

David Blanchard views are tripe.

Wookster

LauraW10 wrote: »

So true. The UK is having (and will have) no problems selling debt.

You all keep looking for excuses but none of you have the courage of your convictions to state what you honestly believe - which is in smaller government. Instead you all want to chuck loads of people on the dole and tank the economy and "blame" labour saying look we had no choice.....

You're all cowards!

Can you answer my question on the previous page? What level of debt & deficit is unsustainable?

Is there any point at which we should be nervous? Any point at all?

John_Pierpoint

kabayiri wrote: »

The only country I believe which is in this unique position with respect to it's debt is the US.

I'm not even sure that the USA still has the ability to live high on the hog at the expense of the Chinese masses.

The credit crunch must have come as a nasty surprise to the "venerable sages" running that country.

They have been busy diversifying into commodities and food and doing deals with states that have reserves of both. No fussy misgivings about the ethics of rogue state rulers - sort of reminds me of the CIA, when the "cold war" justified any sort of dodgy deal with banana republics.

Here are Chinese people having a debate with themselves.
(The translated text is heavy and feels mid 20the century - why use one word when you can use 10 and repeat yourself several times)

http://www.cbmedia.cn/html/09/n-56409.html

Here is someone at John Hopkins University covering much the same ground:

http://www.sais-jhu.edu/academics/regional-studies/china/pdf/China%20Studies%20Working%20Paper%202010%20Champlin.pdf

Here are the Indians discussing the future of the Rupee versus the Renminbi

http://www.rbi.org.in/scripts/PublicationReportDetails.aspx?UrlPage=&ID=588

LauraW10

kabayiri wrote: »

Oh I did , believe me , at the ballot box.

I want a smaller state, one that is sustainable .

As it happens, a lot of other people wanted the same, and they outnumbered your view.

That's democracy for you. Labour didn't make a decent enough case.

Harsh innit.

Not harsh at all. I believe in domocracy, this is the choice that has been made.

So - have the courage of your convictions and stop looking to blame Labour for the fall-out from your decisions. Cuts will lead to mass unemployment. In the long run we will have less growth. But we will have smaller government...

That's what you and others voted for. I have no problem with that. Just tell it as it is - the coalition is making a choice. One which , like it not, they will have to answer for in the end.

LauraW10

Wookster wrote: »

Can you answer my question on the previous page? What level of debt & deficit is unsustainable?

Is there any point at which we should be nervous? Any point at all?

Cutting too soon WILL cause a double dip versus the fact that there is a small possibility that there MIGHT in the distant future be a problem selling debt in the UK...

Right now we can be sure of only one thing - cutting too soon will lead to another dip.