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Government policy economically illiterate... Britain's Fiscal Failure
Comments
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Mr._Pricklepants wrote: »More haiku-style meaningless soundbites from the Thrugelmiser.
Struggling to comprehend the cryptic observation?
What's happened to your sockpuppies. Bored of talking to each other?0 -
Thrugelmir wrote: »Struggling to comprehend the cryptic observation?
All your posts are cryptic. Loads of words with no obvious meaning. I just glaze over when I read your posts.
Just say what you mean. Type normally.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
All your posts are cryptic. Loads of words with no obvious meaning. I just glaze over when I read your posts.
Just say what you mean. Type normally.
He's spreading his pearls of wisdom in the mortgages board also, backed up by his fellow financial genius brit1234 (not seen on the debate forum for ages for some reason:D).Thrugelmir wrote: »I would suggest some serious reading on the whole topic to gain a better understanding. As your comments are so far off tangent.Thrugelmir wrote: »Suggest you gain an understanding of how banks operate. How they are funded. Banking law which Directors are required to comply with etc. Because you seen to have considerable gaps in your knowledge.
Luckily, some of the posters there have caught up with the fact he's just an empty barrel.Dont rise to Thrugelmir, he hasnt a clue, hasnt seen the contract, and just wants to wind people up........looking at how many posts he has made, he has clearly nothing better to do0 -
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HAMISH_MCTAVISH wrote: »Because sane people prefer increasing business activity, increasing employment, and increasing prosperity to the opposite.
Then the coalition is doing a good job, record employment levels and record exports, all at a time when finances are not getting out of control.Faith, hope, charity, these three; but the greatest of these is charity.0 -
Would someone like to explain what growth means.
And why it is good and necessary.
Personally I don't think growth is the be all and end all, the problem is that governments base their budgets on achieving a certain level of growth and when this doesn't happen, as in the case now, problems arise because spending outstrips income forecasts.
I think we need to get away from this growth continuum because infinite growth is a nigh on impossibility.
Ultimately governments and policy makers just need to be realistic about their figures, as in it was pretty obvious that austerity measures would knock confidence and cause people to reign in spending.0 -
shortchanged wrote: »Personally I don't think growth is the be all and end all, the problem is that governments base their budgets on achieving a certain level of growth and when this doesn't happen, as in the case now, problems arise because spending outstrips income forecasts.
Far easier to sell growth to the electorate rather than reality.0 -
Thrugelmir wrote: »Far easier to sell growth to the electorate rather than reality.
When growth fails to materialise they deserve to be kicked then.
Under sell and exceed might make people happier in the long run.
Ah they don't do long games, any more, do they."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Thrugelmir wrote: »Far easier to sell growth to the electorate rather than reality.
And most of the people just swallow the line that "growth is good" without thinking about what it actually means.
To most people, like Hamish, it just means more borrowing and spending, the "GDP" goes up and they equate that to prosperity.
They don't see the inflation, the debt, the income inequality, the strain on infrustructure, the environmental degradation or the blatant theft that that growth actually implies.
I could go on but I won't bother because it just happens that good old Max Keiser has sort of been talking about the same thing in his latest episode...
http://rt.com/shows/keiser-report/episode-418-208/
And I honestly couldn't give a monkey's chuff if anyone watches it or not.
I'm off out.
see you later0 -
Mr._Pricklepants wrote: »Luckily, some of the posters there have caught up with the fact he's just an empty barrel.
How's the remortgaging going? Managed to find a lender to take your business yet.0
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