The MSE Debate House Prices Manifesto

padington

CLAPTON wrote: »

pensions may or may not be usefully invested: do you consider that buying government debt is useful investment?

if you want to invest in new inventions then do so: no point in putting money in pension company which is likely to be very cautious.

A funded future is no better than an unfunded future for the UK as a whole.

Personally I would ring fence the 'children's' fund for British start up companies. It's a good idea. It could help imbed a savings culture with young people and bring a little more money to new British innovation.

Your insulting critism was completly unnecessary, fortunately it only reflects on your self.

Perelandra

CLAPTON wrote: »

well

the current situation is we (the UK) are net borrowers not net savers: there is no prospect of us living off the world in 40 years time unless we start exporting much more and consuming much less.
You only have to look at typically 'UK' companies to see how many are in fact owned overseas : we will be supporting them in the future and not the other way round.

But your earlier answer stated that it was a zero sum game; this isn't the case as far as the UK's concerned- any increase in pension saving now, if invested if areas where we're overindexed will move the dial from where we're headed at the moment....


It may not mean that "world income" increases- but it would certainly mean that "UK income" increases. The original suggestion made would mean that we consumed less.

Thrugelmir

MARTYM8` wrote: »

Just extraordinary that the main old parties debate small sums around the margins - but wont discuss the elephant in the room.

Because they'd lose votes. Politicians are no better than bankers. They have assumed self importance because they studied politics all their lives. As last nights QT showed. They've become detached from the real world. Financial management is not their strong point. If anything appears to be their worst.

Thrugelmir

CLAPTON wrote: »

tractors and combine harvesters don't pay taxes.

When your're paying close to £500,000 for a combine. That's a lot of tax going to the Treasury in import duty and VAT.

CLAPTON

padington wrote: »

Personally I would ring fence the 'children's' fund for British start up companies. It's a good idea. It could help imbed a savings culture with young people and bring a little more money to new British innovation.

Your insulting critism was completly unnecessary, fortunately it only reflects on your self.

I fail to understand you.

CLAPTON

Perelandra wrote: »

But your earlier answer stated that it was a zero sum game; this isn't the case as far as the UK's concerned- any increase in pension saving now, if invested if areas where we're overindexed will move the dial from where we're headed at the moment....


It may not mean that "world income" increases- but it would certainly mean that "UK income" increases. The original suggestion made would mean that we consumed less.

I don't recall saying anything was a zero sum game.

I don't understand what you mean by 'overindexed'

and I don't understand the rest of what you say

What I am saying is that at the current time we are net international borrowers and not net international investors, so we are NOT building up a potential revenue stream for the future.

padington

CLAPTON wrote: »

I fail to understand you.

This comment ...

CLAPTON wrote: »

sometimes it is difficult to distinguish between ironic humour and ignorant stupidity or simply a lack of knowledge of economics

Was entirely unwarranted. A bigger person would have admitted they got a bit ahead of themselves, having a bad day and might have apologised. Not you though hey ?

You had an interesting point, you tried to level it as nasty as you could. You couldn't support why you were so offensive, then you develop a complete memory loss.

Numpty.

CLAPTON

padington wrote: »

This comment ...



Was entirely unwarranted. A bigger person would have admitted they got a bit ahead of themselves, having a bad day and might have apologised. Not you though hey ?

You had an interesting point, you tried to level it as nasty as you could. You couldn't support why you were so offensive, then you develop a complete memory loss.

Numpty.

Ok

I had actually assumed it was an ironic comment : so I admit a misjudgement.