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Originally Posted by Osem
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depends what you spend it on if its to improve production then it earns country money later.
Watched vid from economist.
He said whats happened is money raised is been used as bad credit by banks.
We raised loans for consumption, property, hedge funds and speculation. This all bad for the economy. We need to raise it for production purposes to drive jobs creation things which then sold on improve uks GDP.
If the whole europe embarks on this then we will recover for sure.
Our last quantitive easing ended up in markets BOE thinking another stimulas why the first failed. Merve the swerve is useless needs to direct the money in right areas.
He talks alot sense maybe we should ask him to be our chancellor replace osbourne. Suprised how we given 97% control money to private banks without strings.
http://www.youtube.com/watch?v=r7qOu...hannel&list=UL
Another pet hate for me is give private firms government money without strings. Surely we should get something back.
http://www.centro.org.uk/newsroom/Pr...ease27754.aspx
In towns up and down country they getting new buses from government even places getting new bus stations. Yet this free money nothing in return. Surely 1% ownership or shares in return.
Crazy we wonder why business use the government as a cash cow bemoan they cant afford this and that then pocket profits.
Great to see some news investment but they should ask for something back in return. Maybe loan repayment plan etc.