^^^^^^^^^^^^^^^^^^^^^^^^^^^ never a truer word spoken
Carryfast:
Harry Monk:
the richest,top (controlling) sectors of the western populations would rather settle for a deal which sells out the west’s population in exchange for them keeping their lifestyles reasonably intact.Who knows it may already have happened.
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Now that is the conspiracy theory of the year, and seeing everything thats happening it could be nearer the truth than most may think…indeed it would help if more people did think for themselves a bit and stopped soaking up propaganda fired at them 24/7 via the state broadcasting system and MSM.
China isn’t a signatory or financial backer of Common Purpose is it?, for i’m more concerned about the increasing number of CP trained apparatchiks running both our country and the ill fated EUSSR.
Juddian:
Now that is the conspiracy theory of the year, and seeing everything thats happening it could be nearer the truth than most may think…indeed it would help if more people did think for themselves a bit and stopped soaking up propaganda fired at them 24/7 via the state broadcasting system and MSM.
Plebs just drink up the constant television and Daily Express brainwashing which is why so many old folk threw their life savings away buying villas in Spain at the peak of the boom, they saw some other people doing it on “A Place in the Sun” so they just had to go do it themselves. Monkey see, monkey do. A “Property Expert” told them to do it.
Same in the UK, the message for many years was “If you can’t afford it, just borrow more!”
And now the chickens are coming home to roost.
Interest rates will finally rise when creditor nations like China decide that they’ll not lend us any more at rock-bottom rates.
We’d then have to borrow our own saver’s money, which they are already demanding higher interest rates for.
Harry Monk:
A “Property Expert” told them to do it.
Have you noticed that all these ‘experts’ are there ready to take your money off you
Worse times are definately heading our way, i spent over ten years in the furniture trade owning and running three stores ,last year trade fell of a cliff and i laid off 16 people, only two have managed to find full time work which . I now have only one store and i have returned to driving to to make ends meet.There have been over a thousand furniture stores [including kitchen and bathroom stores] gone to the wall in the last 4 yrs.
A triple dip reccesion is almost a foregone conclusion
We are in a global economy and weather you like or dont we are all connected . A lot of companies in the uk have thrived from the boom in sourcing their products from china , but this is coming to end . we are about to be hit by a huge financial tsunami which will be worse than 2008
Chineese growth has been consistently over stated and their ecomomy has started to stall in a big way .Even a small amount of research will show that china is on the brink of a major correction . Manufacturing is declining in a big way ,they have huge property bubble which will dwarf what has gone on in spain and the like,There are vast cities in china complete with full infrastructure where there are virtually no residents ,the property has been bought by specualtors which has so far not yielded any return for them. chineese corporations are dumping the dollar and buying gold [which incidently is at circa $1600 per ounce and our great chancelor gordon brown sold a huge wad of the uk reserves @ $250an ounce ] and other commodoties such as silver. these are classic signs of a full blown depression. They are battening down the hatches and so must we.
On that happy note i wish you all goodnight .
twozuluzlu:
Worse times are definately heading our way, i spent over ten years in the furniture trade owning and running three stores ,last year trade fell of a cliff and i laid off 16 people, only two have managed to find full time work which . I now have only one store and i have returned to driving to to make ends meet.There have been over a thousand furniture stores [including kitchen and bathroom stores] gone to the wall in the last 4 yrs.
A triple dip reccesion is almost a foregone conclusionWe are in a global economy and weather you like or dont we are all connected . A lot of companies in the uk have thrived from the boom in sourcing their products from china , but this is coming to end . we are about to be hit by a huge financial tsunami which will be worse than 2008
Chineese growth has been consistently over stated and their ecomomy has started to stall in a big way .Even a small amount of research will show that china is on the brink of a major correction . Manufacturing is declining in a big way ,they have huge property bubble which will dwarf what has gone on in spain and the like,There are vast cities in china complete with full infrastructure where there are virtually no residents ,the property has been bought by specualtors which has so far not yielded any return for them. chineese corporations are dumping the dollar and buying gold [which incidently is at circa $1600 per ounce and our great chancelor gordon brown sold a huge wad of the uk reserves @ $250an ounce ] and other commodoties such as silver. these are classic signs of a full blown depression. They are battening down the hatches and so must we.On that happy note i wish you all goodnight .
I think reserves of commodities like fuel and food will be more valuable to the Chinese than gold and it’s no surprise that it’s if/when China finds itself unable to pay for those because no one wants to trade a pointless metal that won’t keep anyone warm in winter or cool in summer or run transport or feed the population,that’s when things will get interesting.Because the Chinese would obviously want it’s debts called in and paid in those commodities not gold or currency.So effectively those quick profits for a few middle men who’ve been sourcing cheap tat from China will end up costing us a fortune in lost food and fuel supplies in the long term.The increasing cost of gold just shows how much the dollar and the pound and the Euro has dropped not how much the value of gold has increased because of the loss of the wealth creating industries to back them in the developed western economies.Until just like in the wall street crash and pre ww2 Germany the realisation dawns that gold is actually worth nothing just like paper currency.
China buys a lot of grain commodities because they don’t have enough water to grow it all themselves. Crude Oil consumption for plastics manufacture rather than fuel use also creates great demand.
It is India however that is a big buyer of gold, even at today’s prices. China and even Russia might buy some on the big dips that occur now and then, but jewelery use is still a big demand factor - and that’s India.
I agree with the idea that a Chinese financial dieback would cause havoc over here in the west - assuming of course that it comes before the next recovery, which is already overdue.
The only thing keeping the bung in the barrel is the delusion that debts are repayable.
People think they still are when they are selling their babies to raise the next month’s installment.
A raising of interest rates would make a lot of people default a whole lot quicker, which would bring the debt illusion to an end, and create some decent inflation (wages) instead of the indecent kind (cost of living).
More than anything else though, our global economy is still a NIL SUM SYSTEM.
One gains, another loses. The west has lost, the east will lose, and finally it’ll be the middle east’s turn.
I look forward to the bottom dropping out of Oil in particular, and with it a total reduction in the power wielded by the middle east.
The rest of the world “getting off oil” will change the world as much as when “Salary” was no longer paid in Salt, the must-have commodity of it’s day.
Middle-East debt peddling will fall with it, as whilst people find the need to borrow to run vehicles right now, they won’t be borrowing to fund the vehicles of the future. South America is already weaning itself off petroleum, compelte with the manufacture of both vehicles and infrastructure to support the use of these “alternative” fuels such as sugar-produced Ethanol.
The key to stop falling wages in this country is to stop immigration and stop benefit handouts to those who’ve not paid into the system.
We have no powers to do that, or get a government of any colour to do it either.
All that the working guy CAN do is to take the line that I already do which is to refuse to pay to goto work, and insist upon being “net paid” or is at least a nearby plum job to get to. If you chase £100 takehome per day, and get offered only £80 gross for 5 days, then you hold out to get 2 days at the price you want, and leave the 5 days on the shelf. There’s really no need to “Pay Pit Owner to Employ Uz” or “get oop arf anoor before geeng ta beed”
£400 gross for 5 days is a takehome of around £320 less 5 days travel. 2 days of £120 per day takes home £100pw less, BUT has only 2 days of travel. If the 3 days of travel saved costs you more than £100 extra wages therefore, you are worse off taking low paid commutes. Low pay should be boycotted unless you live across the road from where you work! You can even achieve this at the same hourly rate by refusing to work short shifts on commutes - and hold out for longer ones that make the travel worth your while! If you don’t ask, you’ll never get.
If you let yourself be employed for falling pay and real naff hours & jobs, then you’ve only got yourself to blame as you find yourself getting more and more of such “worse of all possible situations” treatment. You might be the only one prepared to do it, and will of course will get it all the time.
If you want to raise the price of your own labour, be a bit meaner with it!
I’ve never crossed a picket line in my life, but it amazes me how many out there WILL, and yet not protect their own T&Cs and will call the kettle black in doing so.
Carryfast:
monarch of the highway:
Social unrest can be a very dangerous animal,just take the riots in London last year this was a small minority kicking off n plod cudnt cope,
Now just imagine 0ne in ten of the population rioting
That’s ok will use the army
Wait we can’t because we’ve cut it back that far we can barly manage changing of the guard at buck house
things need to change defiantly
But will we ever get a government that tell the youth of today you want money you get a job and earn it,you want a house you pay for it , you want sky tv you pay for it you want kids pets you pay for them,I’ve got a lot of time for people who come unstuck n need the states help , but this generation of free loaders I havnt!
I’m not perfect but everything I’ve got iv worked for
Why are the poles prospering here simple there not frightened of workin for a livin
Troubled times ahead defiantly but life is what you make itThere are no jobs for the youth of today because we’ve given all of our industries away to the foreign competition so that a few rich middle men can make loads of profit in the short term on imported goods sold here that we could have made for ourselves.The fact is they can’t afford a decent house or sky tv etc etc on the average Chinese worker’s wages which is what it would take to get our industrial wealth creating industries back.Unless we close our borders to cheap imports and only consume what we can make for ourselves.
Quite a few good points there. The other thing is we don’t have any real appretiships for building trades and engenering etc. I know the rot in that started with Thatcher but Blairs thing about everyone going to university was just as bad. The fact is not everyone wasn’t a to or is cut out for acedemic work and we have ended up with people spending years in college to learn about something that is of no use.
In the long term a country needs a good mixed economy to be prosperous.
Harry Monk:
Businesses pay rent four times a year on “Quarter-days”, the next one is due on January 1st 2013 and my guess is that a lot of businesses are going to go “pop” when they have their worst Christmas trading figures ever and decide not to renew for January, February and March 2013.Make no mistake, it’s going to get a lot worse.
That’s what I miss about good old Blighty , the never ending doom and gloom .Every cloud has a black lining et al
Carryfast:
twozuluzlu:
Worse times are definately heading our way, i spent over ten years in the furniture trade owning and running three stores ,last year trade fell of a cliff and i laid off 16 people, only two have managed to find full time work which . I now have only one store and i have returned to driving to to make ends meet.There have been over a thousand furniture stores [including kitchen and bathroom stores] gone to the wall in the last 4 yrs.
A triple dip reccesion is almost a foregone conclusionWe are in a global economy and weather you like or dont we are all connected . A lot of companies in the uk have thrived from the boom in sourcing their products from china , but this is coming to end . we are about to be hit by a huge financial tsunami which will be worse than 2008
Chineese growth has been consistently over stated and their ecomomy has started to stall in a big way .Even a small amount of research will show that china is on the brink of a major correction . Manufacturing is declining in a big way ,they have huge property bubble which will dwarf what has gone on in spain and the like,There are vast cities in china complete with full infrastructure where there are virtually no residents ,the property has been bought by specualtors which has so far not yielded any return for them. chineese corporations are dumping the dollar and buying gold [which incidently is at circa $1600 per ounce and our great chancelor gordon brown sold a huge wad of the uk reserves @ $250an ounce ] and other commodoties such as silver. these are classic signs of a full blown depression. They are battening down the hatches and so must we.On that happy note i wish you all goodnight .
I think reserves of commodities like fuel and food will be more valuable to the Chinese than gold and it’s no surprise that it’s if/when China finds itself unable to pay for those because no one wants to trade a pointless metal that won’t keep anyone warm in winter or cool in summer or run transport or feed the population,that’s when things will get interesting.Because the Chinese would obviously want it’s debts called in and paid in those commodities not gold or currency.So effectively those quick profits for a few middle men who’ve been sourcing cheap tat from China will end up costing us a fortune in lost food and fuel supplies in the long term.The increasing cost of gold just shows how much the dollar and the pound and the Euro has dropped not how much the value of gold has increased because of the loss of the wealth creating industries to back them in the developed western economies.Until just like in the wall street crash and pre ww2 Germany the realisation dawns that gold is actually worth nothing just like paper currency.
carryfast
whilst i accept some of your points, i think you have missed the point i was making ,gold and silver are perhaps pointlees metals that have few intrinsic uses however, gold in particular is held in reserves by countries in times of economic hardtimes and the increase of the chineese holding gold and other commodoties suggests they are worried by the current climate . it is no coincedence that gold prices have increased 9 fold in the last ten years.
Recent studies by various credit rating agencies show that in britain over 160,000 british companies are only currently able to service the interest on thier debts .
These debt levels are unstastainable and this money has become ■■■■■■■■ debt for its borrowers and [as our o/p case seems to indicate] if called in would cause a major colapse in small companies.
some people may believe this is seeing the glass half empty ,however just look at the subprime housing scandal and the subsequent colapse in the american housing markets and the world wide knock on effect this has had to realise that this is a very real prospect.
couple this with the wider macro economic oulook and things do look gloomy .
call me pessimistic[i have learnt this from my own experience] if you like but poeple who ignore this are sticking the heads the sand.
i hope the economy does pick up but untill the feel good factor returns i cannot see it happening . what is the catalyst for this to happen ?
twozuluzlu:
Carryfast:
twozuluzlu:
Worse times are definately heading our way, i spent over ten years in the furniture trade owning and running three stores ,last year trade fell of a cliff and i laid off 16 people, only two have managed to find full time work which . I now have only one store and i have returned to driving to to make ends meet.There have been over a thousand furniture stores [including kitchen and bathroom stores] gone to the wall in the last 4 yrs.
A triple dip reccesion is almost a foregone conclusionWe are in a global economy and weather you like or dont we are all connected . A lot of companies in the uk have thrived from the boom in sourcing their products from china , but this is coming to end . we are about to be hit by a huge financial tsunami which will be worse than 2008
Chineese growth has been consistently over stated and their ecomomy has started to stall in a big way .Even a small amount of research will show that china is on the brink of a major correction . Manufacturing is declining in a big way ,they have huge property bubble which will dwarf what has gone on in spain and the like,There are vast cities in china complete with full infrastructure where there are virtually no residents ,the property has been bought by specualtors which has so far not yielded any return for them. chineese corporations are dumping the dollar and buying gold [which incidently is at circa $1600 per ounce and our great chancelor gordon brown sold a huge wad of the uk reserves @ $250an ounce ] and other commodoties such as silver. these are classic signs of a full blown depression. They are battening down the hatches and so must we.On that happy note i wish you all goodnight .
I think reserves of commodities like fuel and food will be more valuable to the Chinese than gold and it’s no surprise that it’s if/when China finds itself unable to pay for those because no one wants to trade a pointless metal that won’t keep anyone warm in winter or cool in summer or run transport or feed the population,that’s when things will get interesting.Because the Chinese would obviously want it’s debts called in and paid in those commodities not gold or currency.So effectively those quick profits for a few middle men who’ve been sourcing cheap tat from China will end up costing us a fortune in lost food and fuel supplies in the long term.The increasing cost of gold just shows how much the dollar and the pound and the Euro has dropped not how much the value of gold has increased because of the loss of the wealth creating industries to back them in the developed western economies.Until just like in the wall street crash and pre ww2 Germany the realisation dawns that gold is actually worth nothing just like paper currency.
carryfast
whilst i accept some of your points, i think you have missed the point i was making ,gold and silver are perhaps pointlees metals that have few intrinsic uses however, gold in particular is held in reserves by countries in times of economic hardtimes and the increase of the chineese holding gold and other commodoties suggests they are worried by the current climate . it is no coincedence that gold prices have increased 9 fold in the last ten years.Recent studies by various credit rating agencies show that in britain over 160,000 british companies are only currently able to service the interest on thier debts .
These debt levels are unstastainable and this money has become ■■■■■■■■ debt for its borrowers and [as our o/p case seems to indicate] if called in would cause a major colapse in small companies.
some people may believe this is seeing the glass half empty ,however just look at the subprime housing scandal and the subsequent colapse in the american housing markets and the world wide knock on effect this has had to realise that this is a very real prospect.
couple this with the wider macro economic oulook and things do look gloomy .
call me pessimistic[i have learnt this from my own experience] if you like but poeple who ignore this are sticking the heads the sand.
i hope the economy does pick up but untill the feel good factor returns i cannot see it happening . what is the catalyst for this to happen ?
I’d agree with most of that but the fact remains anyone who thinks that increasing gold reserves if/when things reach the point where they were in the 1920’s depression will make the slightest difference aren’t very bright.It was in fact the idea of reliance on a worthless metal and banking services and holding wage levels down while cutting back on manufacturing and shedding labour which caused it all.It was only the fact that Hitler realised that which pulled Germany out of the zb and then put him into power.
The fact is as thing stand the economy can’t pick up and the feel good factor can’t come back without some radical ideas on opting out of the global free market economy and the EU and then closing our market to imports of anything which we can make for ourselves.In other words we need a government with (some of) Hitler’s ideas on economics,but without the psycopathic tendencies,and who understands the idea of a Fordist economy in which growth and wages are directly linked.So more like 1960’s America than 1930’s Germany.
kr79:
Carryfast:
monarch of the highway:
Social unrest can be a very dangerous animal,just take the riots in London last year this was a small minority kicking off n plod cudnt cope,
Now just imagine 0ne in ten of the population rioting
That’s ok will use the army
Wait we can’t because we’ve cut it back that far we can barly manage changing of the guard at buck house
things need to change defiantly
But will we ever get a government that tell the youth of today you want money you get a job and earn it,you want a house you pay for it , you want sky tv you pay for it you want kids pets you pay for them,I’ve got a lot of time for people who come unstuck n need the states help , but this generation of free loaders I havnt!
I’m not perfect but everything I’ve got iv worked for
Why are the poles prospering here simple there not frightened of workin for a livin
Troubled times ahead defiantly but life is what you make itThere are no jobs for the youth of today because we’ve given all of our industries away to the foreign competition so that a few rich middle men can make loads of profit in the short term on imported goods sold here that we could have made for ourselves.The fact is they can’t afford a decent house or sky tv etc etc on the average Chinese worker’s wages which is what it would take to get our industrial wealth creating industries back.Unless we close our borders to cheap imports and only consume what we can make for ourselves.
Quite a few good points there. The other thing is we don’t have any real appretiships for building trades and engenering etc. I know the rot in that started with Thatcher but Blairs thing about everyone going to university was just as bad. The fact is not everyone wasn’t a to or is cut out for acedemic work and we have ended up with people spending years in college to learn about something that is of no use.
In the long term a country needs a good mixed economy to be prosperous.
For us it’s manufacturing and coal that was and still is (would be) king and it’s no surprise that this country was a much bigger industrial power in the world before we’d let the pen pushing acedemics take the place over instead of most people leaving school at 14 and getting to work and learning on the job not in a classroom.
Carryfast:
kr79:
Carryfast:
monarch of the highway:
Social unrest can be a very dangerous animal,just take the riots in London last year this was a small minority kicking off n plod cudnt cope,
Now just imagine 0ne in ten of the population rioting
That’s ok will use the army
Wait we can’t because we’ve cut it back that far we can barly manage changing of the guard at buck house
things need to change defiantly
But will we ever get a government that tell the youth of today you want money you get a job and earn it,you want a house you pay for it , you want sky tv you pay for it you want kids pets you pay for them,I’ve got a lot of time for people who come unstuck n need the states help , but this generation of free loaders I havnt!
I’m not perfect but everything I’ve got iv worked for
Why are the poles prospering here simple there not frightened of workin for a livin
Troubled times ahead defiantly but life is what you make itThere are no jobs for the youth of today because we’ve given all of our industries away to the foreign competition so that a few rich middle men can make loads of profit in the short term on imported goods sold here that we could have made for ourselves.The fact is they can’t afford a decent house or sky tv etc etc on the average Chinese worker’s wages which is what it would take to get our industrial wealth creating industries back.Unless we close our borders to cheap imports and only consume what we can make for ourselves.
Quite a few good points there. The other thing is we don’t have any real appretiships for building trades and engenering etc. I know the rot in that started with Thatcher but Blairs thing about everyone going to university was just as bad. The fact is not everyone wasn’t a to or is cut out for acedemic work and we have ended up with people spending years in college to learn about something that is of no use.
In the long term a country needs a good mixed economy to be prosperous.For us it’s manufacturing and coal that was and still is (would be) king and it’s no surprise that this country was a much bigger industrial power in the world before we’d let the pen pushing acedemics take the place over instead of most people leaving school at 14 and getting to work and learning on the job not in a classroom.
Carryfast:
twozuluzlu:
Carryfast:
twozuluzlu:
Worse times are definately heading our way, i spent over ten years in the furniture trade owning and running three stores ,last year trade fell of a cliff and i laid off 16 people, only two have managed to find full time work which . I now have only one store and i have returned to driving to to make ends meet.There have been over a thousand furniture stores [including kitchen and bathroom stores] gone to the wall in the last 4 yrs.
A triple dip reccesion is almost a foregone conclusionWe are in a global economy and weather you like or dont we are all connected . A lot of companies in the uk have thrived from the boom in sourcing their products from china , but this is coming to end . we are about to be hit by a huge financial tsunami which will be worse than 2008
Chineese growth has been consistently over stated and their ecomomy has started to stall in a big way .Even a small amount of research will show that china is on the brink of a major correction . Manufacturing is declining in a big way ,they have huge property bubble which will dwarf what has gone on in spain and the like,There are vast cities in china complete with full infrastructure where there are virtually no residents ,the property has been bought by specualtors which has so far not yielded any return for them. chineese corporations are dumping the dollar and buying gold [which incidently is at circa $1600 per ounce and our great chancelor gordon brown sold a huge wad of the uk reserves @ $250an ounce ] and other commodoties such as silver. these are classic signs of a full blown depression. They are battening down the hatches and so must we.On that happy note i wish you all goodnight .
I think reserves of commodities like fuel and food will be more valuable to the Chinese than gold and it’s no surprise that it’s if/when China finds itself unable to pay for those because no one wants to trade a pointless metal that won’t keep anyone warm in winter or cool in summer or run transport or feed the population,that’s when things will get interesting.Because the Chinese would obviously want it’s debts called in and paid in those commodities not gold or currency.So effectively those quick profits for a few middle men who’ve been sourcing cheap tat from China will end up costing us a fortune in lost food and fuel supplies in the long term.The increasing cost of gold just shows how much the dollar and the pound and the Euro has dropped not how much the value of gold has increased because of the loss of the wealth creating industries to back them in the developed western economies.Until just like in the wall street crash and pre ww2 Germany the realisation dawns that gold is actually worth nothing just like paper currency.
carryfast
whilst i accept some of your points, i think you have missed the point i was making ,gold and silver are perhaps pointlees metals that have few intrinsic uses however, gold in particular is held in reserves by countries in times of economic hardtimes and the increase of the chineese holding gold and other commodoties suggests they are worried by the current climate . it is no coincedence that gold prices have increased 9 fold in the last ten years.Recent studies by various credit rating agencies show that in britain over 160,000 british companies are only currently able to service the interest on thier debts .
These debt levels are unstastainable and this money has become ■■■■■■■■ debt for its borrowers and [as our o/p case seems to indicate] if called in would cause a major colapse in small companies.
some people may believe this is seeing the glass half empty ,however just look at the subprime housing scandal and the subsequent colapse in the american housing markets and the world wide knock on effect this has had to realise that this is a very real prospect.
couple this with the wider macro economic oulook and things do look gloomy .
call me pessimistic[i have learnt this from my own experience] if you like but poeple who ignore this are sticking the heads the sand.
i hope the economy does pick up but untill the feel good factor returns i cannot see it happening . what is the catalyst for this to happen ?I’d agree with most of that but the fact remains anyone who thinks that increasing gold reserves if/when things reach the point where they were in the 1920’s depression will make the slightest difference aren’t very bright.It was in fact the idea of reliance on a worthless metal and banking services and holding wage levels down while cutting back on manufacturing and shedding labour which caused it all.It was only the fact that Hitler realised that which pulled Germany out of the zb and then put him into power.
The fact is as thing stand the economy can’t pick up and the feel good factor can’t come back without some radical ideas on opting out of the global free market economy and the EU and then closing our market to imports of anything which we can make for ourselves.In other words we need a government with (some of) Hitler’s ideas on economics,but without the psycopathic tendencies,and who understands the idea of a Fordist economy in which growth and wages are directly linked.So more like 1960’s America than 1930’s Germany.
carryfast ,
well debated and i take your point.
regards tzz
The OECD and Mervyn King yesterday warned us to get ready for a triple-dip recession, personally I can’t see any end to it yet, and neither can I see how we can ever get out of recession now that we have exported our entire manufacturing industry, and imported mass immigrant labour to do what few jobs remain.
Fordism is a business model we should have been following for decades, instead of which we have had pay forced relentlessly downwards while the cost of staple items has rocketed. Where will the money come from to fund recovery?
Harry Monk:
The OECD and Mervyn King yesterday warned us to get ready for a triple-dip recession, personally I can’t see any end to it yet, and neither can I see how we can ever get out of recession now that we have exported our entire manufacturing industry, and imported mass immigrant labour to do what few jobs remain.Fordism is a business model we should have been following for decades, instead of which we have had pay forced relentlessly downwards while the cost of staple items has rocketed. Where will the money come from to fund recovery?
^ This.
Harry I think the government’s only plan is to print the money that our lost industries are no longer able to earn and pay in wages and to keep importing goods and fuel that we could make/provide for ourselves.All paid for on a basis of taking on ever more debt to the foreign suppliers.No surprise what’s going to happen when the realisation finally dawns that the currency is backed by nothing in reality and when those suppliers ask for payment in food products and real estate and yet more foreign ownership of anything (like those coal fields) that we have of any value which remains.
I think both Wilson and Thatcher were both guilty of involvment in the biggest ever scam and case of treason against their own country in history.The same applies in regards to Reagan in the case of the US.
I’m going to post this again.I think it’s one of the most important lessons in history that present and future generations can learn from.
Carryfast wrote:
“The fact is as thing stand the economy can’t pick up and the feel good factor can’t come back without some radical ideas on opting out of the global free market economy and the EU and then closing our market to imports of anything which we can make for ourselves.In other words we need a government with (some of) Hitler’s ideas on economics,but without the psycopathic tendencies,and who understands the idea of a Fordist economy in which growth and wages are directly linked.So more like 1960’s America than 1930’s Germany. ”
The conspiricy for the entire lives of many of us is the pushing of debt onto a population that otherwise would get higher wages or lower prices to keep the public within their means.
Therefore, it has to be said that the pushers of debt are the problem not the solution. If Hitler had turned into Ford just after the implementation of the Berufsbeamtengesetz in 1933, the persecution of “untermensch” and other maniac rather than economic sound policies would never have happened.
Yes, that does mean I reckon that Berufsbeamtengesetz was a damned good idea! - If you want to keep debt and inflation out of the system, what better way to achieve it but by refusing entry into the professions to those that would implement and/or lobby it as policy?
If we implemented a similar policy here in the UK, we’d get a lot of our own media returned to us, Lofty Hall bankers would lose their place at the big bankers table, and even political buffoons like our current speaker and leader of the opposition would be denied a lookin!
Remember that prior to such policies, the poor old German general population had just recently seen their savings destroyed, had rampant commodity inflation, and rising unemployment. - Sounds kinda familliar there doesn’t it?
Hitler was a deflationist before he chucked it all in to become a full-time maniac! A deflationist sees falling costs of living but rising wages based upon productivity. Inflation has no part to play, since borrowing money to live beyond one’s means has no part in pushing up the prices of goods. If you can’t afford it, you can’t have it. Gotta be a better system I reckon. In today’s multicultural Britain, there are already huge swathes of the population that will never take out a loan - because it’s against their ethos. We might yet see the old-guard Banksters toppled by the backdoor of a boycotting public…
Just think how different the entire western world would be right now if all overpriced high-interest debt was got shot of overnight?
We pay low interest rates to far eastern lenders, but super-high interest rates to shysters on our own doorstep who only get away with it because it’s kept legal (too much government lobbying to make it so) and a Bank of England that dictates nothing to lenders when it actually should do just that.
I eagerly await Carney’s first big hawkish reform of the banking system! This is a guy that has been into the lion’s den itself (worked at Goldman Sachs that world-abusing leviathan) whilst not getting sucked into the NWO doctrine that might otherwise have corrupted him during his employment there.
A simple reform such as “interest rates more than 10% away from the base rate are unenforceable in law”. Banks would do rather well out of it, as they’d be buying loanshark debts for pennies in the pound, as the loansharks rush to leave the market. From a Debtor’s point of view, that loan at 4500% APR they were about to default has now been reduced to a much easier-to-pay-off 10.5% at current base rates, so the now public-serving bank gets paid where the loanshark would obviously not have been. So a few shyster lenders get burned? - Do the rest of us care?
Winseer:
Carryfast wrote:“The fact is as thing stand the economy can’t pick up and the feel good factor can’t come back without some radical ideas on opting out of the global free market economy and the EU and then closing our market to imports of anything which we can make for ourselves.In other words we need a government with (some of) Hitler’s ideas on economics,but without the psycopathic tendencies,and who understands the idea of a Fordist economy in which growth and wages are directly linked.So more like 1960’s America than 1930’s Germany.
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The conspiricy for the entire lives of many of us is the pushing of debt onto a population that otherwise would get higher wages or lower prices to keep the public within their means.
Therefore, it has to be said that the pushers of debt are the problem not the solution. If Hitler had turned into Ford just after the implementation of the Berufsbeamtengesetz in 1933, the persecution of “untermensch” and other maniac rather than economic sound policies would never have happened.
Yes, that does mean I reckon that Berufsbeamtengesetz was a damned good idea! - If you want to keep debt and inflation out of the system, what better way to achieve it but by refusing entry into the professions to those that would implement and/or lobby it as policy?
If we implemented a similar policy here in the UK, we’d get a lot of our own media returned to us, Lofty Hall bankers would lose their place at the big bankers table, and even political buffoons like our current speaker and leader of the opposition would be denied a lookin!
Remember that prior to such policies, the poor old German general population had just recently seen their savings destroyed, had rampant commodity inflation, and rising unemployment. - Sounds kinda familliar there doesn’t it?
Hitler was a deflationist before he chucked it all in to become a full-time maniac! A deflationist sees falling costs of living but rising wages based upon productivity. Inflation has no part to play, since borrowing money to live beyond one’s means has no part in pushing up the prices of goods. If you can’t afford it, you can’t have it. Gotta be a better system I reckon. In today’s multicultural Britain, there are already huge swathes of the population that will never take out a loan - because it’s against their ethos. We might yet see the old-guard Banksters toppled by the backdoor of a boycotting public…Just think how different the entire western world would be right now if all overpriced high-interest debt was got shot of overnight?
We pay low interest rates to far eastern lenders, but super-high interest rates to shysters on our own doorstep who only get away with it because it’s kept legal (too much government lobbying to make it so) and a Bank of England that dictates nothing to lenders when it actually should do just that.
I eagerly await Carney’s first big hawkish reform of the banking system! This is a guy that has been into the lion’s den itself (worked at Goldman Sachs that world-abusing leviathan) whilst not getting sucked into the NWO doctrine that might otherwise have corrupted him during his employment there.
A simple reform such as “interest rates more than 10% away from the base rate are unenforceable in law”. Banks would do rather well out of it, as they’d be buying loanshark debts for pennies in the pound, as the loansharks rush to leave the market. From a Debtor’s point of view, that loan at 4500% APR they were about to default has now been reduced to a much easier-to-pay-off 10.5% at current base rates, so the now public-serving bank gets paid where the loanshark would obviously not have been. So a few shyster lenders get burned? - Do the rest of us care?
That’s almost exactly it.But.Trying to sort out the money system first is the wrong end to start solving the problem.
What’s needed is for massive re industrialisation and self sufficiency in energy by putting domestically produced coal back at the centre of our energy policy (stuff the climate change bs agenda) and protectionist trade barriers to wipe out importation of all goods that we can make for ourselves.However Fordism means entirely the opposite to the idea of if you can’t afford it you can’t have it.Not being able to afford it isn’t an option because it’s that issue which causes the problem of unsold goods when you’ve made them which then puts the situation back where you started.The idea is all about making high quality goods for the domestic market and then making sure that workers have more than enough money in their pockets to buy them by provision of high wages relative to prices not debt.On the basis of high volume individually low profit margin production (pile it high sell it cheap) .Which as I said is exactly what the 1950’s/1960’s American economy was based on.
Unlike Hitler’s flawed ideas which were first and foremost mainly about a typically ultra right wing opposite ideology of making mickey mouse Volkswagens for the workers and paying them mickey mouse wages (if any) accordingly and then,at worst,going nuts by turning what started out as basics of a good idea into mass murder and mayhem.
Hitler was no Ford but it’s just his ideas,of getting the country’s domestic industrial powerhouse back on it’s feet and putting the bankers and global free marketeers,like those who caused the 1920’s crash,in their place,which is the important bit,that needs to be used as an example,in isolation from everything else which he did,at this stage for us.Which obviously means no place whatsoever for the current corrupt mainstream political parties which are governed by those bankers and who have shown themselves more than capable of throwing the national economic interests away to the benefit of our foreign competition.
Hells bells lads , you are making me glad that I
am 61 yrs old with cancer and wont be here for
many more years . Talk about tearing down a
country and accepting or suggesting doom and
destruction, we are better than that .
What the solution is I dont know but at least
most of the world will be in a similar situation .
quirky