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April 24 2024 5.06am

Venezuala inflation

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View Stirlingsays's Profile Stirlingsays Flag 22 Aug 18 8.59am Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by steeleye20

Ever thought about the UK ?

Instead of Venezuelan inflation, care to tell us about UK debt private and public ????????

If we were discussing debt, corruption, crime, censorship, one of the worlds least democratic countries, would that be Venezuela or the UK?



You rush to pull the UK down yet if someone gave you the option to live in Venezuela you'd hide under your shell.

There are plenty of problems here in the UK but as of yet the fruitcake socialists haven't had control of the economy.

 


'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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View leifandersonshair's Profile leifandersonshair Flag Newport 23 Aug 18 8.37pm Send a Private Message to leifandersonshair Add leifandersonshair as a friend

Originally posted by Stirlingsays


You rush to pull the UK down yet if someone gave you the option to live in Venezuela you'd hide under your shell.

There are plenty of problems here in the UK but as of yet the fruitcake socialists haven't had control of the economy.

No- but sadly the 'free market is king' fruitcakes have control instead, and are busy selling off anything that isn't nailed down. As the East Coast Main Line fiasco, Birmingham Prison scandal, Carillion etc show, turns out privatisation isn't always the best option...

Still, the taxpayer can pick up the tab for sorting it all out, before handing it right back to G4S again. Great stuff!

 

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View cryrst's Profile cryrst Flag The garden of England 23 Aug 18 9.38pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by leifandersonshair

No- but sadly the 'free market is king' fruitcakes have control instead, and are busy selling off anything that isn't nailed down. As the East Coast Main Line fiasco, Birmingham Prison scandal, Carillion etc show, turns out privatisation isn't always the best option...

Still, the taxpayer can pick up the tab for sorting it all out, before handing it right back to G4S again. Great stuff!

The taxpayer bail out is really an easy argument to poke at the government.
If they suddenly said that tax was going up to pay for these cock ups then I would agree with you.
What exactly is the effect on you by these issues.
I would say not a jot.
Basically the tax as you say that will be used on these cock ups;won't be put to schools,hospitals or other what we would call needed areas.
It will come from the lump that they hold. Here or abroad.
FYI two years ago the money through the government in a year was close to £900,000,000,000
(That's 900 billion)
That's a lot.
So a few million on these issues won't really be noticed or affect you or I.

 

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View beagle's Profile beagle Flag pom tiddly om pom pom 24 Aug 18 8.12am Send a Private Message to beagle Add beagle as a friend

Originally posted by steeleye20

Ever thought about the UK ?

Instead of Venezuelan inflation, care to tell us about UK debt private and public ????????

If we were discussing debt, corruption, crime, censorship, one of the worlds least democratic countries, would that be Venezuela or the UK?


You're not comparing like with like.

The reason Venezuela doesn't have the levels of debt the UK has is because no right-minded Bank would risk lending money to such a basket-case of a country.

Personal debt is low because no-one accepts or uses credit card payments and no international credit card company would want to risk it. Cash is king. Well, when I say cash, I mean the US dollar.

Venezuela's lack of high debt (compared to the UK) isn't necessarily an example of a responsible fiscal policy.

 


When the time comes, I want die just like my Dad - at peace and asleep.
Not screaming and terrified.
Like his passengers.

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View chris123's Profile chris123 Flag hove actually 24 Aug 18 8.20am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by beagle

You're not comparing like with like.

The reason Venezuela doesn't have the levels of debt the UK has is because no right-minded Bank would risk lending money to such a basket-case of a country.

Personal debt is low because no-one accepts or uses credit card payments and no international credit card company would want to risk it. Cash is king. Well, when I say cash, I mean the US dollar.

Venezuela's lack of high debt (compared to the UK) isn't necessarily an example of a responsible fiscal policy.

And is in default.

 

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View topcat's Profile topcat Flag Holmesdale / Surbiton 24 Aug 18 12.11pm Send a Private Message to topcat Add topcat as a friend

Originally posted by Lyons550

I went to Zimbabwe 12years ago and for got 2 x carrier bags full of Zim...it was mental!

I tried to pay for an orange in the local SPAR with a million Zim note and waiting for change...and the cashier just looked at me...only to then open the cash register and show me that mine was the only note in there!

I left a carrier bag full of cash when i left as I couldnt carry it over the border to Zambia!

Shame you didn't keep some. The 100 trillion dollar notes ($100,000,000,000,000) cost 20p to £1 and are worth £20-£100 each now.

 


It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark... and we're wearing sunglasses.

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View chris123's Profile chris123 Flag hove actually 24 Aug 18 5.36pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by topcat

Shame you didn't keep some. The 100 trillion dollar notes (0,000,000,000,000) cost 20p to £1 and are worth £20-£100 each now.

There a 100 trillion dollar note for sale on ebay for £1.50 buy it now.

 

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.TUX. Flag 24 Aug 18 6.14pm

Originally posted by chris123

And is in default.

And the West isn't?
The constant printing of debt is only prolonging the inevitable.

 


Buy Litecoin.

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View chris123's Profile chris123 Flag hove actually 24 Aug 18 6.29pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by .TUX.

And the West isn't?
The constant printing of debt is only prolonging the inevitable.

Bonds?

 

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.TUX. Flag 24 Aug 18 6.58pm

Originally posted by chris123

Bonds?

How many trillions of dollars by the Fed and other central banks worldwide has been printed (from thin-air) on a 10 year buying spree to keep the s*** show up and defraud every short position in the market?
Just last week China dumped who knows how much money into the market to ramp it all up and again yesterday the same thing. It’s a Ponzi scheme beyond comprehension with the crooks owning the printing press.
The entire equity and bond market all depends on how much more money China, the ECB, FED, BOJ and their proxy pump into the market. This is the only thing that matters and it will continue until it all blows up, or is reset.

Buy crypto

 


Buy Litecoin.

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View chris123's Profile chris123 Flag hove actually 24 Aug 18 7.04pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by .TUX.

How many trillions of dollars by the Fed and other central banks worldwide has been printed (from thin-air) on a 10 year buying spree to keep the s*** show up and defraud every short position in the market?
Just last week China dumped who knows how much money into the market to ramp it all up and again yesterday the same thing. It’s a Ponzi scheme beyond comprehension with the crooks owning the printing press.
The entire equity and bond market all depends on how much more money China, the ECB, FED, BOJ and their proxy pump into the market. This is the only thing that matters and it will continue until it all blows up, or is reset.

Buy crypto

I'm not talking about currency, I'm talking about the recent coupon defaults.

 

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.TUX. Flag 24 Aug 18 7.31pm

Originally posted by chris123

I'm not talking about currency, I'm talking about the recent coupon defaults.

Yes, the country is (for the time being) screwed, but that could easily happen here.
(As you know i'll take any opportunity to 'alert' people who think they are safe from any danger.........when really we aren't immune).

 


Buy Litecoin.

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