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RBS brace for a “cataclysmic year”
Comments
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http://www.telegraph.co.uk/finance/financetopics/davos/12114859/Mario-Draghi-denies-that-ECB-bazooka-is-empty.html
be interesting to see where this might go, more QE or will the world finally go cold turkey ?
The way I look at it is that its the only way the show can go on. It's just like the banker running out of money in Monopoly. The game ends if the banker can't magic anything else up. It's made even worse by the fact there isn't just one banker but many competing bankers.
Our lives will see a never ending supply of quantative easing and a never ending increase of taxation to remedy the extreme execess of politically unacceptable inequality that this will create. This won't stop the growing inequity though because global capital will incentivise the countries with the most liberal tax regimes.
It's a really sad state for capatlism because it will create hugely powerfully eletes that will be able to corrupt our democracies to the detriment of many.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
The way I look at it is that its the only way the show can go on. It's just like the banker running out of money in Monopoly. The game ends if the banker can't magic anything else up. It's made even worse by the fact there isn't just one banker but many competing bankers.
Our lives will see a never ending supply of quantative easing and a never ending increase of taxation to remedy the extreme execess of politically unacceptable inequality that this will create. This won't stop the growing inequity though because global capital will incentivise the countries with the most liberal tax regimes.
It's a really sad state for capatlism because it will create hugely powerfully eletes that will be able to corrupt our democracies to the detriment of many.
at the moment ordinary people are doing very well and world wide poverty has fallen significantly
but let's not bother about any good news0 -
at the moment ordinary people are doing very well and world wide poverty has fallen significantly
but let's not bother about any good news
Science together with relatively liberal governments with open markets have created a fantastic wealth for many. The worlds financial system however does seem to be creating a relative inequality never known before. How it ends, I'm not so sure but I suspect envy and corruption like we have never seen before will become a burden like we've never known.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
http://www.zerohedge.com/news/2016-01-18/crash-risk-imminent-likelihood-recession
From the popular Zerohedge0 -
http://www.zerohedge.com/news/2016-01-18/crash-risk-imminent-likelihood-recession
From the popular Zerohedge
Yes, if it's on the popular Zerohedge then it must be true.Don't blame me, I voted Remain.0 -
Science together with relatively liberal governments with open markets have created a fantastic wealth for many. The worlds financial system however does seem to be creating a relative inequality never known before. How it ends, I'm not so sure but I suspect envy and corruption like we have never seen before will become a burden like we've never known.
makes no sense
what does 'relative' inequality mean
on any sensible measure the past was massively more 'unequal'
the fantastic wealth created is for the many not the few
as Branson once said 'how many lunches do you need'?0 -
at the moment ordinary people are doing very well and world wide poverty has fallen significantly
but let's not bother about any good news
Were you at LiveAid in 1985? Awareness of the plight of many. 30 years on and the world is just as selfish. Me first is more prevalent now than it was back then. Inequality has grown.0 -
makes no sense
what does 'relative' inequality mean
on any sensible measure the past was massively more 'unequal'
the fantastic wealth created is for the many not the few
as Branson once said 'how many lunches do you need'?
http://www.bbc.co.uk/news/business-32824770Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
whatever does this rubbush mean ?
as ordinary people have got rich and become liberated, the left has nothing to say, so this lot of rubbish emerges0 -
Thrugelmir wrote: »Were you at LiveAid in 1985? Awareness of the plight of many. 30 years on and the world is just as selfish. Me first is more prevalent now than it was back then. Inequality has grown.
give me strength0
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