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Originally posted by Jway89
Germany basically controls whether the ECB prints euros or not, making it the EU's central bank by proxy. How did we have the ability to bail the system out? We printed. Greece cannot print euros, only the ECB via German authority can do that, hence Greece gets shafted as a statement to the rest of Europe. The Tories thought austerity was a sane and viable economic option, not because our debt was insane but because our deficit was too high. Our deficit is always going to be negative, because we are a developed country. The simple example is if you're doing alright for yourself and you shop at Waitrose every week, is your deficit with Waitrose going to be positive or negative? And I thought it was Mario.
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| Deleted11 07 Nov 19 1.00pm | |
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Originally posted by chris123
And I thought it was Mario. It really isn't. There's no money for Greece, unless they accept austerity, but amazingly Deutchebank gets billions printed, no questions asked.
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Originally posted by steeleye20
Cabinet Office blocks publication of OBR economic forecast. Treasury forecaster’s report was expected to show decline in UK public finances. They haven't waited for the election, Javid has been exceeding the limits set by previous Chancellor Hammond, the borrow and spend scenario is already well on its way. 10 years austerity produced nothing tangible and now they will be promising just about anything. Are you on drugs? Labour is promising ridiculous spending that they cannot possibly deliver. It is laughable.
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| W12 07 Nov 19 1.40pm | |
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Originally posted by Hrolf The Ganger
Are you on drugs? Labour is promising ridiculous spending that they cannot possibly deliver. It is laughable. To be fair, I think Blair did more to advance the Marxist agenda than Corbyn ever will.
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Originally posted by Jway89
It's over £80k, if I've read that right. Don't get me wrong, I don't want to pay any taxes, but just look at the part of your statement I've just bolded. Only 5% of 40mish eligible to work people earn over £80k. I'd say we're doing alright if we're earning £80k+ So worst case scenario is If you're earning £149k now, which must put you in the top 0.5%, you will pay an extra £3.5k in tax. Not quite life threatening is it? As may be but when they start hitting the top 10% as the top 5 isnt enough that's what's worrying.
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| Deleted11 07 Nov 19 1.57pm | |
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Originally posted by cryrst
As may be but when they start hitting the top 10% as the top 5 isnt enough that's what's worrying. So now it's the top 10%. What i they start raising taxes on the 100%? The not realised side effect of capitalism is socialism though. Look at the NHS, pensions, minimum wages, bank bailouts, welfare. Isn't all that evidence of some socialism? If you would prefer to not have any of that, then, I think you would be in the minority, but, if you want an NHS and a pension when you retire, then you will need to contribute.
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Originally posted by steeleye20
Another day on HOL election special !!!! How many 'marxist' entries today? About 90%. How many have ever read Marx? Nobody, quite. They wouldn't get past the first page.
But don't forget his films. He and his brothers were good in 'Duck Soup'.
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| Deleted11 07 Nov 19 2.05pm | |
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Originally posted by Stirlingsays
Both main parties appear to have access to more money than God at the moment.....promising this, promising that. I'm waiting for someone to tell us we can all be millionaires. They can spend as much as they want, it won't create any inflation, however, if everyone is a millionaire, then milk will cost £10k a pint.
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Originally posted by Jway89
They can spend as much as they want, it won't create any inflation, however, if everyone is a millionaire, then milk will cost £10k a pint. Venezuelan milk.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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Originally posted by Stirlingsays
Both main parties appear to have access to more money than God at the moment.....promising this, promising that. I'm waiting for someone to tell us we can all be millionaires. Don't worry, Rodney!
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| Deleted11 07 Nov 19 2.20pm | |
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Originally posted by Stirlingsays
Venezuelan milk. That's right, although there are quite a few obvious fundamental factors on why Venezuela is in it's current mess. However, socialism is easier to digest than any f those.
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Originally posted by Hrolf The Ganger
But don't forget his films. He and his brothers were good in 'Duck Soup'. Those are my principles, and if you don't like them... well, I have others.
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Apparently, Labour doorsteppers are telling people that they will stop Brexit or honour it depending on what you voted for in the referendum. Utter Muppets.
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Originally posted by Hrolf The Ganger
Apparently, Labour doorsteppers are telling people that they will stop Brexit or honour it depending on what you voted for in the referendum. Utter Muppets. The last thing we need is another referendum. The last Parliament was a disgrace and should go down in history for its utter failure to do as instructed.
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| W12 07 Nov 19 2.54pm | |
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Originally posted by Jway89
So now it's the top 10%. What i they start raising taxes on the 100%? The not realised side effect of capitalism is socialism though. Look at the NHS, pensions, minimum wages, bank bailouts, welfare. Isn't all that evidence of some socialism? If you would prefer to not have any of that, then, I think you would be in the minority, but, if you want an NHS and a pension when you retire, then you will need to contribute. I would prefer to pay for that myself.
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Originally posted by chris123
The last thing we need is another referendum. The last Parliament was a disgrace and should go down in history for its utter failure to do as instructed. It has been a shameful episode.
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| Deleted11 07 Nov 19 2.56pm | |
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Originally posted by W12
I would prefer to pay for that myself. Fair enough. I believe you are in the minority, but that's the beauty of democracy, you can vote for the party that wants to abolish socialised programs like the NHS or pensions.
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