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If QE Was Withdrawn....
Comments
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grizzly1911 wrote: »HS2 is the next on on the blocks. If it gets delivered in less than 2 x budget it will be doing well.
Absolutely. You put in a low tender to get the Government work. Then the politicians find they have made mistakes and want to change the specifications. Thats where you whack up the price and make your money. They would rather quietly shell out more taxpayers money than admit they got it wrong in the first place.
Had a look at the Mersey Bridge scheme. Typically dissapointing. When infrastructure was nationalised it was much better - motorway services on both sides of the carriageway with proper slip roads, and bridges with footways for pedestrians and cyclists to enjoy the fantastic views. Now its privatised its only about minimising the specification to maximise the profit.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Perhaps it isn't QE here we should be worrying about, but the effect of removing QE in China
Or perhaps worry that teflon banksters around the world are expanding their gambling for profit at all cost enterprises and now interfering in markets everywhere, repeating the same patterns of risk that created the mess in the first place. This time with counterfeit money they've invented and secured at public expense, having apparently conned everyone into believing it will be used to fix the economy and their unfathomable systemic problems, but instead being used to compound and preserve the shakedown. It's becoming little more than a government sanctioned extortion racket.'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
Glen_Clark wrote: »When infrastructure was nationalised it was much better - motorway services on both sides of the carriageway with proper slip roads, and bridges with footways for pedestrians and cyclists to enjoy the fantastic views. Now its privatised its only about minimising the specification to maximise the profit.
The private toll roads in France are pretty good.
Seems a waste having services on both sides to me? Services on one side with carpark on other and bridge over seems fine to me?0 -
donkingkong wrote: »The private toll roads in France are pretty good.
Seems a waste having services on both sides to me? Services on one side with carpark on other and bridge over seems fine to me?
I was talking about the privatised infrastructure in Britain. Some of the more recently built motorway services entail going through 8 sets of traffic lights to get on and off (Exeter, Bishops Stortford) then a large parking charge/fine if you overstay 2 hours. Hardly encourages tired drivers to stop for a break!!!!“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Well, arguably if they are trying to build something to give the greatest practical benefits to a "big enough" cross-section of stakeholders for minimal cost outlay, that's better than taking our taxes in these times of deficit and allowing us to indulge in nirvana (which public sector projects always achieve, on time and to budget, right?).Glen_Clark wrote: »Had a look at the Mersey Bridge scheme. Typically dissapointing. When infrastructure was nationalised it was much better - motorway services on both sides of the carriageway with proper slip roads, and bridges with footways for pedestrians and cyclists to enjoy the fantastic views. Now its privatised its only about minimising the specification to maximise the profit.
You could have a philosophical discussion about whether the Silver Jubilee Bridge or the Mersey Gateway Bridge or both should have pedestrians, or whether either, neither or both should be free to cross, in the interests of the local and national economy and the morale of those living in or passing through the North West over the next couple of generations at the expense of those of us living there or elsewhere today. One suspects there would be differing views however.
Is it just me, or when someone refers to "teflon banksters" do a vast portion of the intelligent readership of this site immediately stop reading because they fear they have accidentally wandered into a tabloid journalist training camp?Or perhaps worry that teflon banksters around the world are expanding their gambling for profit at all cost enterprises and now interfering in markets everywhere.... [blah blah blah]0 -
bowlhead99 wrote: »Is it just me, or when someone refers to "teflon banksters" do a vast portion of the intelligent readership of this site immediately stop reading because they fear they have accidentally wandered into a tabloid journalist training camp?
'Teflon banksters' refers to the fact when the sh*t hits the fan it never sticks to them.
How would an 'intelligent' person like you describe them?“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Yes, I know what Teflon is, and I presume a bankster is some sort of cross between a banker and a shyster, or perhaps a banker and a hamster.
But as I don't really indulge myself in ranting on and on about how the government or the opposition or the corporate fatcats or the bankers are all a robbing bunch of crooks, I don't really need to 'describe them' with the latest trendy turn of phrase I read in a Worker's Fight pamphlet.0 -
Living for tomorrow might mean that you survive the day after.
It is always different this time. The only thing that is the same is the outcome.
Portfolios are like personalities - one that is balanced is usually preferable.
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I really didn't have you down as the sort to be reading Worker's Fight pamphlets, it must have been the waft of superiority that had me fooled.'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0
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Look for something new beyond the same old arguments. What are the biggest changes in 40 years, they didnt invent greed recently0
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