Dutch cabinet resigns over collapse of austeriy talks

A._Badger

StevieJ wrote: »

Not a surprising comment from you.

Well, if you're so keen on shelling-out to keep the EU gravy-train afloat, perhaps you'd like to pay my share, as well?

Generali

Thrugelmir wrote: »

Who is going to fund the West?

The financial power is shifting. Whether we like it or not. China has acquired the commodities over several decades. Now is acquiring the technology. Have no need of the West's products in the main.

They do need the West's consumers however. China's GDP/head is little more than 1/3rd of the UK's.

HAMISH_MCTAVISH

Thrugelmir wrote: »

The effect of QE in the UK has been to mask the reality. We are now paying the price with inflation. As excess money supply circulates the economy.

Good grief thrug, you are so full of crap sometimes it's amazing.

There is no "excess money supply".

Despite pumping £325 billion ($523.98 billion) into the economy, equivalent to 20% of GDP, the U.K. broad money supply suffered its biggest quarterly drop in February since records began in 1963.

The money supply remains well below levels which would cause any kind of meaningful inflation.

And you can't even blame it on exchange rates.

Sterling is at a 20 month high against the Euro, and up recently against the basket of 16 major currencies.

Time for the ConDems to admit Plan A isn't working..... And get the UK back into growth.

When even the Millipede can get poll numbers like this, there's a serious problem.

Support for British Labour has reached its highest level for nine years as backing for the Conservatives has slumped dramatically, according to a poll published.

Ed Miliband's party has seen its poll rating rise by four points in the past month to 41 per cent, a figure last enjoyed by Labour during Iain Duncan Smith's ill-fated leadership of the Tories, the ICM survey for The Guardian found.

Labour's fortunes have risen as support for the Tories has fallen by six points to 33 per cent. Mr Cameron's three-point lead a month ago has been replaced by an eight-point lead for Mr Miliband.

StevieJ

A._Badger wrote: »

Well, if you're so keen on shelling-out to keep the EU gravy-train afloat, perhaps you'd like to pay my share, as well?

Typical right wing bigot looking to freeload again

A._Badger

StevieJ wrote: »

Typical right wing bigot looking to freeload again

Right Wing bigot, eh?

You really need to break out of your 18th Century political prison, StevieJ. It's just so.... three centuries ago.

Wookster

Thrugelmir wrote: »

Doesn't solve the fundamental problems that face the entire Eurozone. Many European banks are still undercapitalised. The cuts in living standards have to be real. The effect of QE in the UK has been to mask the reality. We are now paying the price with inflation. As excess money supply circulates the economy.

I think Europe will resort to Zimbabweanesque economic policy when faced with the 'easy option' (firing up the printing presses & inflation) and then 'hard option.'

StevieJ

Wookster wrote: »

I think Europe will resort to Zimbabweanesque economic policy when faced with the 'easy option' (firing up the printing presses & inflation) and then 'hard option.'

Is that your home patch?

pqrdef

"Far right leader opposes public spending cuts". I've got this image of some of the right-wingers on here - and some well-known Tory back-benchers - shuffling round in small circles going "Does not compute - Does not compute".

vax2002

What is behind the Headline and far right slurs, Is Old Gert says there is no need for any cuts to anything, as over a 5 year period when all pounds and shillings are crossed, the net loss is 32, billion pounds over the same 5 year period of Eu Membership, that if any business were looking to balance the books, they would reduce the obvious loss first, before laying off the workers.
He says that the country should operate like a business and look after itself first and in turn that will look after them, to make such cuts and job losses when they are haemorrhaging cash in what is nothing but an old boys club of ex-socialists who could not get elected at the ballot box, so they seek power where election is not required.

chewmylegoff

pqrdef wrote: »

"Far right leader opposes public spending cuts". I've got this image of some of the right-wingers on here - and some well-known Tory back-benchers - shuffling round in small circles going "Does not compute - Does not compute".

This is an interesting assessment of the "far right leader" by the Guardian:

Away from the economics, there's the politics. Wilders, who combines far-right anti-immigrant and anti-Muslim tubthumping with leftwing welfarism (for white indigenous Dutch only) and europhobia, opposes more austerity except for slashing the foreign aid budget. He will demand policy concessions if he is to support, say, VAT or other tax rises or spending cuts. He is taking part in the villa negotiations.

http://www.guardian.co.uk/business/2012/mar/13/dutch-government-lockdown-eu-rulebook

Anti-immigration loonies aren't necessarily right-wingers in an the sense of their economic policies.