Who is global debt owed too?

darkpool

Reactor wrote: »

If the above has gone over your head, all you need to realise is finance is a zero sum game: for there to be winners, there must be losers.

Better not say that here. A lot of people here think active fund management is the key to untold stock market outperformance.

They type of remind me of Africans that buy magic lotions from witch doctors to make them bullet proof.

Sceptic001

IronWolf wrote: »

If the UK government suddenly seized 60% ownership of every company listed on the FTSE then we could have a surplus too.

Ah yes. Bring back British Leyland, loss-making public utilities and six-month waiting lists for a new phone line. Happy days.:rotfl:

sabretoothtigger

finance is a zero sum game: for there to be winners, there must be losers.

Financial speculation maybe but investment produces a positive return. Value increases, products are made more efficiently and owners of a business gain an interest in the wealth production of a successful transaction that benefits society. The human race has made a few advances, its not all gambling games.

lost so much buying power over 50 years is that the Government has been printing money over that time

I think QE is new apart from Japan. Its probably lower interest rates then inflation. Also balance of trade is poor meaning our currency is not in demand