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April 19 2024 3.06am

The Election Thread

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 07 Nov 19 12.10pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Jway89

But there would not be financial markets without the Government, right?
I would like to see a real investment plan that can make this country 'sovereign', as I see it, which is to be a non dependent on other country's resources as we are now.

If we want to be the only country without financial markets then we will be living centuries in the past.

There might be too many people here to not rely on resources abroad, but if live a life of centuries in the past then that might change with anyone with foreign citizenship or investments other than in pounds will have left. Stock up on weapons though. You’ll need them.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 07 Nov 19 12.13pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Jway89

Bonds from countries that can print their own money will always be bought, almost independent of the interest, because they are seen as a store of value that will be paid back definitely.

Definitely? Always? You sound like you’re okay with out of control inflation and interest rates.

 


COYP

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Deleted11 07 Nov 19 12.15pm

Originally posted by Rudi Hedman

If we want to be the only country without financial markets then we will be living centuries in the past.

There might be too many people here to not rely on resources abroad, but if live a life of centuries in the past then that might change with anyone with foreign citizenship or investments other than in pounds will have left. Stock up on weapons though. You’ll need them.

The Uk has nukes not sure my stanley knife is going to be much use

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 07 Nov 19 12.16pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

This is all stuff that won’t be risked to that extent anyway, because if Corbyn did, he’d be voted out swiftly.

I wanna know the next scandal. The press must have a few skeletons for us to laugh or froth at. Any photos of Corbyn being rimmed by Diane Abbott?

 


COYP

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Deleted11 07 Nov 19 12.17pm

Originally posted by Rudi Hedman

Definitely? Always? You sound like you’re okay with out of control inflation and interest rates.

Not at all, but the proof is in the pudding right?
Something like $18T was printed in the last 10 years and not a peep of inflation or the consequent interest rate increases.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 07 Nov 19 12.18pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Jway89

The Uk has nukes not sure my stanley knife is going to be much use

You’ll need something when a gang from Croydon or wherever come for your home and belongings.

 


COYP

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Deleted11 07 Nov 19 12.19pm

Originally posted by Rudi Hedman

You’ll need something when a gang from Croydon or wherever come for your home and belongings.

I'll be joining them

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 07 Nov 19 12.21pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Jway89

Not at all, but the proof is in the pudding right?
Something like T was printed in the last 10 years and not a peep of inflation or the consequent interest rate increases.

The deficit and debt has been reduced with 1) austerity. It’s either that or 2) spending stimulating growth. Imo it should’ve been 1 then an increase of 2 but 2 is late.

 


COYP

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Deleted11 07 Nov 19 12.24pm

Originally posted by Rudi Hedman

The deficit and debt has been reduced with 1) austerity. It’s either that or 2) spending stimulating growth. Imo it should’ve been 1 then an increase of 2 but 2 is late.

Fair enough. I'm of the opposite view.Spend when its going bad, save when it's going good.

 

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View cryrst's Profile cryrst Flag The garden of England 07 Nov 19 12.24pm Send a Private Message to cryrst Add cryrst as a friend

Labour want to tax the top 5% of earners more.
This may seem like it wont affect mr average but do you realise 70k puts you in this bracket.
Many tradesman and managers are in this bracket.
Be afraid, be very afraid if labour get into power.

 

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View mezzer's Profile mezzer Flag Main Stand, Block F, Row 20 seat 1... 07 Nov 19 12.27pm Send a Private Message to mezzer Add mezzer as a friend

Originally posted by Jway89

Not at all, but the proof is in the pudding right?
Something like T was printed in the last 10 years and not a peep of inflation or the consequent interest rate increases.

Check out Modern Monetary Theory (MMT) if you haven't already. Not sure I agree with it all but at least it tries to make sense of why all the old economic rules changed in 2008.

 


Living down here does have some advantages. At least you can see them cry.

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Deleted11 07 Nov 19 12.28pm

Originally posted by Rudi Hedman

The deficit and debt has been reduced with 1) austerity. It’s either that or 2) spending stimulating growth. Imo it should’ve been 1 then an increase of 2 but 2 is late.

Have to take issue with that. The debt taking war out of the equation, has gone up massively in the last 10 years especially.

f the deficit is important to you, fair enough. It's not that important to me as I see it as a sign that we're not a 3rd world country.

 

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