Quote:
Originally Posted by Hugh
How can we stop markets in other counties trading?
|
wont be easy thats a fact.
possible needs international co-operation but something needs to be done to stop the panick. Them panicking making bad situation much worse with them piling there money into safer things like comodities its make problem worse than it really needs to be. The uk manufacturing plummet cant help matters.
Suppose one way might be to try get money into peoples hands who spends it with above inflation busting pay rises. If we gave common workers 10% increase then that might just kickstart things. However the likelyhood is no doubt bosses will squeal dump jobs in selfish atitude.
If that the only way to stimulate the economy then surely worth doing explain to bosses why. even if wage increase is 12 month stimulus better nothing.
Another is government to hand out loans to small business/medium business in to stimulate bringing jobs improve manufacturing. Money to help those who got idea who need funds to set there own business if they unemployed. Loans which government earn money repaid back later if they can. Risks but risks worth taking. We get people in work new businesses does not matter how small.
I would say many got ideas but not the capital or collateral to set it up.
If they see people spending money with more disposable cash then maybe they will stop panicking.
I do blame IMF they got lot to answer for how they done things. they could handled the situation much better all they did was cause panick. They tried to ofset the blame from the banks typical. Wish the 2 faced cow got sacked.
How we stabilise the markets is hard issue but that should be priority.
I dont think its possible to able tackling debt management while the market so spooky and economy so weak. Which what experts should told the governments, if they did governments stupid IMF should listened. Nope they went ahead with crazy plan which sunk the world into a mess.