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we haven't declined as a trading nation although there has been a relative decline comparing us to others
Of course we haven't.
we are richer than we have ever been
the fact that others are increasing their standard of living should be the cause of celebration
next you'll be telling us that the people in the UK living below the poverty line are actually poor.
Actually I am officially in fuel poverty. That's a fact. The cost of heating the pool sees to that.0 -
Loughton_Monkey wrote: »Of course we haven't.
Actually I am officially in fuel poverty. That's a fact. The cost of heating the pool sees to that.
that shows the difference between two 'big' numbers; it doesn't show the level of our trade
it might show that our exports have declined, stayed the same or increased
it probably shows that our imports rocketed
You certainly have my sympathy about your fuel poverty : I trust you have contacted your MP about how you are a special case and would welcome extra help due the the disability of Mrs LM who has compulsive shopping and lunching syndrome0 -
"Why stop at 95%? Why not make it 100% or 110% so that everyone can benefit from house prices rising £100 per day and use this money to take part in the economy and thereby help the recovery?"
Nothing is real in a "strawberry fields" economy.....
http://rt.com/shows/keiser-report/episode-504-max-keiser-541/0 -
"Why stop at 95%? Why not make it 100% or 110% so that everyone can benefit from house prices rising £100 per day and use this money to take part in the economy and thereby help the recovery?"
Nothing is real in a "strawberry fields" economy.....
http://rt.com/shows/keiser-report/episode-504-max-keiser-541/
Interesting analogy raised instead of Browns benefit brigade we will now have the Osborne/Cameron brigade reliant on state aid - "scroungers" using leverage."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 -
grizzly1911 wrote: »Interesting analogy raised instead of Browns benefit brigade we will now have the Osborne/Cameron brigade reliant on state aid - "scroungers" using leverage.
Max and Stacy always come up with good analogies to describe what's happening and they are usually spot on, as in this case.
They correctly identify bankers, politicians and those closest to them as being THE biggest welfare scroungers by miles. And as they get more handouts, those in real need get less in order to "balance the books"0 -
I am referring to government borrowing.Whether or not it is better never to borrow rather depends upon what the money was used for.
If everyone and every company lived within their means then investment would probably be close to zero and certainly very few new startup companies would form and of course none of us could buy homes (except the very rich).0 -
Interesting comment on that site too;-Max and Stacy always come up with good analogies to describe what's happening and they are usually spot on, as in this case.
They correctly identify bankers, politicians and those closest to them as being THE biggest welfare scroungers by miles. And as they get more handouts, those in real need get less in order to "balance the books"
I don't know exactly what it means but the U.S. gov. shuts down and approx 800,000 are laid off-- That's far fewer then the numbers of people directly employed by the "health insurance industry" which includes the highest paid exec's in the nation, all middle men.
Probably a good reason why the VI brigade aren't so keen on Obabmacare."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 -
You are right in your analysis. Whichever way the volume of trade the net effect is the same.that shows the difference between two 'big' numbers; it doesn't show the level of our trade
it might show that our exports have declined, stayed the same or increased
it probably shows that our imports rocketed
The two big numbers depicted have been in net free fall for since the 80s."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 -
grizzly1911 wrote: »You are right in your analysis. Whichever way the volume of trade the net effect is the same.
The two big numbers depicted have been in net free fall for since the 80s.
No, whilst the net effect is important it shows something quite different to the two individual numbers
the individual numbers show the value of exports and the volumes of imports; to say only the difference matters misses out a huge amount of relevant information.0
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