Jump to content
House Price Crash Forum

babesagainstmachines

Members
  • Posts

    3,873
  • Joined

  • Last visited

Everything posted by babesagainstmachines

  1. We can hope, but it certainly hasn't happened yet. Food inflation was also double digits last month in China. The Chinese workers are barely making any gains. And once they manage to, capital will disappear to the next labour pool. Brazil is slightly different being a largely commodity based economy, it will fair better. Capital will pay as little as it can get away with, which is why it causes it's own problems. It's not really a market when you have little choice if you don't want to starve, which is why unemployment benefits are necessary to the system.
  2. Some people just won't accept that the problem has been caused by the holders of CAPITAL seeking higher returns from LABOUR by moving production to places where LABOUR will accept lower returns. This can only ever work in the short term as the CAPITALists customers buy the product of their investments using the fruits of their LABOUR. Pretty soon, all their CAPITAL investments become loss-making and they lose it all unless they increase the share of the product going to LABOUR. It's a very, very old argument, and there is only one way to solve it. Sorry CAPITALists, but you are the problem. In case anyone needs reminding, it's CAPITAL versus LABOUR. No amount of people getting on bikes will have any effect on this conundrum.
  3. Some posters on this thread don't deserve the steam off my piss and it's not because they are unemployed.
  4. I really honestly can't see the Royal Family and land owning aristocracy going for this.
  5. The BoE have failed to meet their mandate for an entire year. They should all be sacked.
  6. A landlord makes more money by doing less, whereas a shopkeeper makes money by doing more. They are not remotely the same thing. Renting to students is different, and you know it. Most are living somewhere for three years, and the university provides accommodation for one. Very few are in any position to buy a house. I'm sure if the university had sufficient accommodation for all their students, you would see very little demand for student HMO.
  7. You just want a free ride off the backs of other people. You are a parasite. BTL isn't unique in this respect - there are plenty of parasitic activities that people engage in. Some would argue that 80% of the population are living off the backs of the farmers, builders and manufacturers. But BTL exploits the ownership of land. Since nobody made the land in the first place, any claims of ownership upon it are dubious if not baseless. Coupled with planning restrictions, you become little better than a gaoler who requires his inmates to slave for a third of their time or they are put out into the yard.
  8. You just want a free ride off the backs of other people. You are a parasite. BTL isn't unique in this respect - there are plenty of parasitic activities that people engage in. Some would argue that 80% of the population are living off the backs of the farmers, builders and manufacturers. But BTL exploits the ownership of land. Since nobody made the land in the first place, any claims of ownership upon it are dubious if not baseless. Coupled with planning restrictions, you become little better than a gaoler who requires his inmates to slave for a third of their time or they are put out into the yard.
  9. I don't have any problem getting one. They just cost an awful lot, and are shit.
  10. "They" are the ones saying that you will earn £100k net of tax if you get a degree. If that is the case, then sending somebody to university is on boon to the tax payer, not a burden. It has nothing to do with how much you earn, it has to do with how much of this is because you have received higher education. Put it this way... the business owner in your example is reaping the benefits of higher earning customer, and also a larger tax base to pay for public services. Unless the whole thing is a sham designed to mask rising unemployment, which is basically what I actually consider it to be, and politicians need to stop lying (fat chance).
  11. I am really pissed off with this. If an average graduate earns an extra £100k NET OF TAX as claimed, they are already going to be paying an extra £20k minimum in income tax, plus around £11k in additional NICs. They are already paying £30k more, which nicely covers tuition fees. This is not to mention all the extra consumption taxes they will pay whilst spending this extra £100k. Why aren't the students ramming this point home more?
  12. Don't worry, it won't stop them repeating the meme over and over again. It could work, but the rich mostly spend money rent seeking from the poor (aka "investing") to make themselves even richer.
  13. I understand where you are coming from now. You think the bigger the telly you have, the better off you are.
  14. I agree, however, you could give the money to those less fortunate.
  15. I wouldn't worry. There are loads of pensioners and baby bomers to eat, and think how cheap houses would be.
  16. Basically, we should be building up renewables capacity as quickly as possible instead of buying iPads and tellies from the East.
  17. markets and trade are not the same thing as capitalism and globalisation
  18. I find it rather amusing that the preeminent international economics publication ask this question. More appropriate would be "Why did The Economist ignore the Austrian School explanation".
  19. Are you saying that Capitalism didn't exist before 1810? Universal Suffrage and freedom from abuse is far more important to progress than Capitalism.
  20. You'd better buy now before you miss the boat then. Or move to an area where prices are falling - you have many more to choose from than where you are looking.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.