Re: Brexit
 

Interesting, so whilst they exempted themselves from the 2006 Health Act, they have decided to ban smoking voluntarily!

A Channel 5 poll found that 44% of people believe that Brexit will make people's lives worse, which, if truly representative, suggests that 4% of remainers believe that staying won't make our lives any better!!

Re: Brexit
 

I would be more interested in learning what you believe the figure to be than whether you think his data is convenient or not.

Re: Brexit
 

If you can provide more accurate figures I’d welcome those, but the principle applies in any case. No economies act in isolation from it’s neighbours and largest trading partners (to that end I include China, USA, etc).

---------- Post added at 18:03 ---------- Previous post was at 18:01 ----------

Quantitative easing. :)

Re: Brexit
 

Re: Brexit
 

Regardless of your point of view that is what was said

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That’s right socialism is what we need to sort this out.

Re: Brexit
 

Socialist = Someone with nothing that wants to share it with the world ... ;)

Re: Brexit
 

It may have been what was said, but no Prime Minister and no Government can compel a future one to be bound by that. It was an irresponsible thing to say because it’s entirely outwith their control. It’s also convincing people that “once in a generation“ and “once in a lifetime” are statements that should apply to referenda.

If a a Government of any colour wins an election on a manifesto commitment to hold a referendum it’s within it’s right to do so regardless of whether the question was most recently asked. (I know that isn’t the case here).

I wouldn’t go that far, but uncontrolled and unregulated capitalism largely built on a debt mountain comes to a crashing halt from time to time. Here, in the rest of the EU, and all around the world.

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The kids can worry about that when we’re long in the ground. Brexit-logic.

Re: Brexit
 

Re: Brexit
 

The problem with socialists is that sooner or later, they run out of other people’s money ;)

Re: Brexit
 

Re: Brexit
 

and any capitalist entity that needed the government to bail out the pension fund upon collapse. Not to mention the banks that got bailed out.

Re: Brexit
 

You can’t just print money willy nilly. Sooner or later the money markets start pricing in the oversupply of currency and its value falls. That screws mightily with the value of all those billions of Euros squirrelled away in German savings accounts.

Re: Brexit
 

My view is Italy is not Greece, the EU financial situation isn’t as precarious as many would like us to think and that quantitative easing can resolve problems as long as Italy operates within the fiscal framework the EU lays out.

Re: Brexit
 

Recessions happen. I feel the problem with the U.K is that unlike America we've never really recovered from the last one so the next one is going to be nasty...

Re: Brexit
 

The main problem the pension funds have is too high a cost ie defined benefit schemes, that were set in place by socialists. All exacerbated by the minimum wage, which means that a lot more money is taken out than was paid in to generate the income.



It wasn't the banks as such that were bailed out, it was the finance system. The risk was that nobody would invest in order for that money to be lent out on business loans and home mortgages. Where do you think the money comes from for those loans? It comes from people with surplus money.