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Old 06-10-2017, 08:55 PM
Albert Tatlock
 
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Quote:
Originally Posted by denis lawless View Post
no, not at all.....im as much of a self opinionated no mark as the next poster.....only im happy to admit it.....are you ? ...just my pov/opinion, along with everyone elses.

as to your question....set aside sources of information because we'll be slagging them off till the cows come home

simple logic...the UK is one of the few net contributors to the EU....Germany probably being the biggest....the smaller and eastern nations being net beneficiaries .....so it doesn't take a degree in economics to figure out that the UK puts in more than it takes out.

if the ECB is printing money out of thin air (which it is) and distributing it like confetti across the continent...who do you think will be paying that back in the future....you. your kids, your grand kids and generations not even born yet.......its f***ing lunacy.



yes ...im the one who is duped

youre a centralist, a collectivist and a statist .....so you'll never accept that the authorities are a hindrance and not a help.....nor will you accept that they are just the henchmen for the banking elite who actually run the whole shebang from the shadows.

why do you think the banks all threatened to leave London and relocate in Frankfurt if the UK left the eu ?
why do you think big corporations did the same ?

because they WANTED THE UK TO REMAIN.....so that their control over everybody in Europe could remain also.

who are" the ones" who want to exploit "the good people" ?

and how are they going to do it ?

we are being exploited NOW ..... and the bastards in Brussels and Strasburg are the ones helping banks and corporations to do it.

of course..... to you, that's all tin hat shite......so theres nothing more to discuss
Methinks you doth protest too much...
 
Old 06-10-2017, 08:58 PM
denis lawless
 
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Quote:
Originally Posted by Big Norm View Post
Ahhh. That explains a lot. So all this better for everyone nonsense is just capitalist bullshit.
the only thing wrong with capitalism is cronyism ......if banks or companies f*** up, they should go to the wall...and not be bailed out by the taxpayers.

Quote:
Originally Posted by Albert Tatlock View Post
Methinks you doth protest too much...
 
Old 06-10-2017, 09:29 PM
red red robbo
 
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Quote:
Originally Posted by denis lawless View Post
the only thing wrong with capitalism is cronyism ......if banks or companies f**k up, they should go to the wall...and not be bailed out by the taxpayers.



What about the people whose money the banks have lost?

What's wrong with capitalism is, left unchecked the corporations will not compete with each other but in fact they will form cartels to make sure they can all maximise their profits. It's happened time and time again. You can not have an unmoderated capitalist economy unless you are willing to accept the population being exploited.


I agree about the banks btw. The government should have taken care of the depositors but everyone else should have been thrown to the wolves, it might have made the others be a bit more careful.

Last edited by red red robbo; 06-10-2017 at 09:32 PM.
 
Old 06-10-2017, 09:36 PM
Big Norm
 
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[quote=denis lawless;4801759]no, not at all.....im as much of a self opinionated no mark as the next poster.....only im happy to admit it.....are you ? ...just my pov/opinion, along with everyone elses.

as to your question....set aside sources of information because we'll be slagging them off till the cows come home

simple logic...the UK is one of the few net contributors to the EU....Germany probably being the biggest....the smaller and eastern nations being net beneficiaries .....so it doesn't take a degree in economics to figure out that the UK puts in more than it takes out./QUOTE]

This is factually incorrect.
 
Old 06-10-2017, 09:41 PM
Harri Jaffa
 
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http://www.independent.co.uk/news/wo...-a7986221.html
 
Old 06-10-2017, 09:50 PM
denis lawless
 
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Quote:
Originally Posted by red red robbo View Post
What about the people whose money the banks have lost?

What's wrong with capitalism is, left unchecked the corporations will not compete with each other but in fact they will form cartels to make sure they can all maximise their profits. It's happened time and time again. You can not have an unmoderated capitalist economy unless you are willing to accept the population being exploited.


I agree about the banks btw. The government should have taken care of the depositors but everyone else should have been thrown to the wolves, it might have made the others be a bit more careful.
not sure I have much sympathy with people who put all their eggs in one basket......even now, if the banks went under, the government compensation for lost saving is woefully underfunded.....and again, its just taxpayers money bailing out taxpaying savers....with the government taking a slice out for itself.

same with consumers being lazy and allowing these corporations to become so dominant....if they shopped locally and with smaller outlets,....boycotted large corporate stores, they wouldn't grow into the monsters they have become.

all in an ideal world, obviously.....so its never gonna happen....but still.

Quote:
Originally Posted by Big Norm View Post
This is factually incorrect.
youre gonna quote the IFS at me again, aren't you ?
 
Old 06-10-2017, 10:09 PM
red in cumbria
 
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Quote:
Originally Posted by red red robbo View Post
I agree about the banks btw. The government should have taken care of the depositors but everyone else should have been thrown to the wolves, it might have made the others be a bit more careful.
Easy to say with hindsight, but then the government was shit scared of serious social unrest if things went badly wrong.

And they - perhaps naively - hoped the banks might be shocked into behaving better.
 
Old 06-10-2017, 10:11 PM
Big Norm
 
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Quote:
Originally Posted by denis lawless View Post

youre gonna quote the IFS at me again, aren't you ?
No. According to you we are not allowed to use any financial analysis other than our own. In mine, your statement is factually incorrect.
 
Old 07-10-2017, 08:21 AM
red red robbo
 
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Quote:
Originally Posted by red in cumbria View Post
Easy to say with hindsight, but then the government was shit scared of serious social unrest if things went badly wrong.

And they - perhaps naively - hoped the banks might be shocked into behaving better.
Actually, I said it at the time. If you know you can take stupid risks with other people's money and if it all goes tits up the government will bail you out then there is no incentive to be sensible. In a truly capitalist system Northern Rock would have gone to the wall.

I don't know what world den lives in (ever to be honest) where everyone investigates which bank is ultimately responsible for looking after your few thousand pounds of savings. If we have a regulated industry then the public should be able to use it with confidence without having to have an accountant.
 
Old 07-10-2017, 11:13 AM
denis lawless
 
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Quote:
Originally Posted by red red robbo View Post
I don't know what world den lives in (ever to be honest) where everyone investigates which bank is ultimately responsible for looking after your few thousand pounds of savings. If we have a regulated industry then the public should be able to use it with confidence without having to have an accountant.
the real world pal....the real world.

not in a fantasy wonderland where the nanny state holds you by the hand every step of the way and in the end you still fall flat on your arse.

personal responsibility seems to be a thing of the past....always someone elses fault, always someone should have been providing a safety net. ....there are no guarantees in this life so its best to be able to look after yourself.

and that doesn't mean you cant help others.

ive made bad investments and lost money in the past......learnt a valuable lesson and wont allow it to happen again.....don't expect help from government.....now,I do it my way
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