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Everything posted by Wimbledon88

  1. It is just to provide a general course, not for any specific exam. When I did O Grade Economics at school, we covered the sort of basic course. The Higher Course was basically the same! Only a bit more intense and the exam was harder. The first year at uni was also very much like the school level! I am also thinking of looking at online resources, but I wish I still had my old Economics notes from school that the teachers gave us, they were very good....
  2. Hi, I have been asked to take up a post tutoring a child in economics. I did economics at university, but I still remember the best books were the course book I had at school in Scotland, for what was then called O Grade and Higher Economics (circa 1987-88). I did buy a self-help book at the same time for the English A-Level Economics course (a big book with a large orange "A" on the cover), but I remember thinking it was not quite so good. Does anyone know the best place to go for old economics textbooks? Or maybe you can recommend the best recent one, which goes through basic economics from supply/demand and opportunity cost to OMO and free/fixed exchange rates...?
  3. Has anyone had any experience of taking care of a property, especially rural and in isolated places? I mean, being a caretaker of a place, whether it is just to guard or take care of animals/the place in the owner's absence? Usually rent-free but in return for security/upkeep services. I have a book to write over the coming year (no doubt, two years ) and the perfect solution for me would be to find a place where I could guard/keep up/look after a property for someone in their absence. To be honest, anywhere (in Europe) would be fine for me. I would like to offer my services, as I am mobile, fit and have good references, but I have not found any good sites, except "Home Carers". Any suggestions, experience or anecdotes?
  4. I have always been interested in Economics and I studied the subject at school and university. I went to the local comprehensive in Scotland and a (supposedly) top school of economics at a British university. The teaching at school was very good. Our teachers basically told us what was what, explaining fractional reserve banking, the gold standard (I came away understanding it was the best system), money as debt and the current state of the economy (I can still remember the prices for crude oil at that time, mostly $18, will probably soon be experiencing deja vu!). Then I got to university and it was a complete farce. It was all so wrong that it completely put me off Economics and I followed a different career, despite having an honours degree. In fact, it was only when I reached the honours course that we seemed to do anything relevant, like international finance. The neo-Keynesian theories just did not make sense, without being able to fully understand why, because criticism did not come into it. The other business subjects were taught in an equally dire fashion (the first lesson in Accounting, which I had also done at school, was "why do we do the things we do?"... wtf??). I wonder if anywhere there is a course in economics, online or whatever, which describes things the way they really are? Not just the Austrian approach, I mean more like the plain facts you get on the Keiser Report, but backed up with statistical evidence, not just their soundbites. I would love to teach my own course to people, only I have been away from the subject for too long and, anyway, do not have all the facts and recent developments at my fingertips...
  5. Please write to your Con candidate if you live in a Labour-held or other constituency, saying that the prospect of Krustie as housing minister has made you decide to vote UKIP instead. I have already written.
  6. But isn't half the reason for the slide just because the pound is now worth less euro (and the other way around)? I believe the UK was so high in the first place was because the pound was previously so high against other currencies. I believe Britain is going to come out of this worse than most big countries, but what is all this talk about the Eurozone, USA, China out of recession? Spain? Ireland? United States? If unemployment at 25% in real terms, currency trashing and enormous public and private debt from which none of them will EVER recover, let's face it, translate as "out of recession", then I would almost want to be IN recession! So everywhere is going to have positive growth now? I think not. It is like a tsunami, we are at the point when all the water has suddenly disappeared, and everyone is standing around wondering: where did all that aqua go? Don't worry boys, it's coming, it's coming...
  7. Yes. And if I start reading a thread that has two pages, and it eventually climbs to three, when I go back to the contents it tells me that the thread only has two pages. Has the contract for the new format perhaps been awarded to Capita?
  8. Yes, thank heavens this has come and can be latched onto him. But he will just fall back on "it started in America" anyway. I just started a topic complaining about the annoying black rectangle that flashes up whenever you open a new page here and the unusable format and it was pulled straight away, not even moved to off-topic. Why is that?
  9. WHAT IS THIS BLACK RECTANGLE THAT FLASHES UP WHENEVER YOU GO INTO A NEW PAGE? IT TAKES UP THE TOP HALF OF THE SCREEN. IS IT ONE OF THOSE 25th FRAME THINGS, PERCHANCE, TELLING US TO "BUY HOUSES, SPEND SPEND, TAKE OUT A LOAN"?? And why does the new format sometimes chop off half the text written in a post? When are these technical problems going to be fixed? The new format stinks, everything is so hard to read it hardly makes it worthwhile coming here, because trying to look at the list of posts is a struggle as it is. Why fix something that was not broken? I am sure total clicks on this site must be down since the changes.
  10. I thought Costa Rica was full of Americans. It seems to be the done thing to go to South/Central America and buy a ranch or a banana plantation. But I would love a place that has nice nature and wildlife, with maybe just enough land to grow some roses. And I've always thought that Argentina was the best place to be for when WWIII breaks out. Look at a map. It's quite isolated and ery big, so lots of room and space. Plus, if they start making it hard to live there permanently, you could always jump over to the Falklands, which is, I believe, a colony of Britain and so more or less the same rules of residence as Blighty I should think.
  11. +1 I just pray that one of them gets cancer (preferably both, but it is wicked to ask God for too much all at the one time).
  12. To be honest, I feel the dollar is undervalued and the euro is incredibly overvalued at the moment. I would want to be in $ rather than in any other currency, possibly even yen. Because the whole world is going to go into meltdown, and the $ is the reserve currency that everyone is going to jump into. It is like when the Titanic goes down and the dollar is the last bit of wood left in the ocean that everyone will want to jump on at once. If the markets go into meltdown again, then sterling should be very badly hit - maybe less so if it is just a continued depression that brings high unemployment but maybe not a stock market crash.
  13. If I were you, I would write to the bishop or whatever it is, expressing your concern that one of his ex-employees has taken advantage of your dad, borrowing money without a formal contract. I believe the individual is no longer a minister? Still, if he borrowed while he was still in the pay of the church, this letter might carry some weight. I find that in these situations you have to be pro-active and look ahead - what will put you in a better position when this BTLer defaults on the loan or just refuses to pay it back, especially if it ends up in court or other legal proceedings, even exchange of lawyers' letters...
  14. Yes, I agree that Naples is cheap, you can stuff your face on pizza and ice-cream for a couple of euros. A can of Coke in a shop can cost 60 cents (50 p) and probably even less in a supermarket. But down south in Calabria the prices still surprise me. They should be really low, but they are not. I suppose it is a bit like Cornwall - nothing left in the communities, but high prices due to the holidaying crowd.
  15. Italy is expensive - and not just in the tourist places. Meat is very expensive, almost formidably expensive, and there is too much wimpy ham and not enough real red meat, chicken breast, etc. If you compare supermarket prices, I think it is about twice as expensive as Germany. And even when you go where all the locals go, it amazes me that workers can visit cafes where you pay a couple of Euros for a drop of coffee the size of your thumb at the bottom of a tiny cup. Still, the services are relatively cheap, and I never begrudge giving my cash to an Italian because they so often try to do a good job and are very cheery about it. Train prices are obviously much cheaper (and better) than Britain. House prices are high in Italy - and an Italian told me renting costs a lot as well, so young people tend to try and get mortgages. I think it is probably expensive living on your own, whereas if you have family - as so many Italians do - it works out cheaper when everyone mucks in and pays for food, accommodation, etc. As for the euro collapsing, I am in complete despair, I fear it is never going to happen. In any other world it would be coming apart at the seams, but because an exchange rate is the price of a currency against others, QE means that the laws of supply and demand kick in, making the pound and the dollar seem even worse. It is like a horse race between three complete old nags who have been beaten and milked and beaten to death, except that the euro has not been beaten quite so much, hence looks positively on steroids compared to the other utter basket cases.
  16. I hate the new format. Everything is so LARGE. You can only fit about six topics onto the size of your screen, and as the first four are pinned ones, that does not let you easily see what topics are being discussed. As I said, everything is so LARGE - except for the script, but this is a forum and surely the most important thing is the text, the content, not the buttons or avatar information!!!!!!!! Let's have a sense of proportion here. Bring back the old format, I says.
  17. That's true. In the 18th century Scotland was at the forefront of civilisation and the enlightenment. Diderot said: For our ideas of civilisation, we go to Scotland. Scholars rejected England and flocked instead to Edinburgh. And the Scots were really doing a lot all over Europe, more than any other nation. The funny thing about these debates is that I am from the Highlands and I can't stand either - Westminster or Holyrood. I have a great distaste for our lowland chattering classes. The Highlands reject both big UK parties, where I am the MP is usually LibDem, next up is probably SNP. If only the Highlands would be independent, we would get on very well, because we would do without banks, leaving them to the aforementioned lowland chattering classes. Croft farming to provide meat and veg to each other, tartin tourism from America, golf courses for the Japanese, and all that wind power to sell! I can tell you that Highland crofters and shopkeepers are a real canny lot, with millions hoarded away, we would soon have one of the highest reserves of foreign currency and hoardings of gold outside China (not that we would bail out the English, of course!). But I say leave the Edinburgh/Glasgow belt to all their banking and dreams of being a second Iceland/Ireland/Estonia/other small country that tried to do it alone and proved a complete disaster through unsustainable economic policies...
  18. Scotland and Wales could start from a clean sleat and within five years they would be begging at the doors of the IMF.
  19. Isn't it about time you started writing that phrase in red ink?
  20. Britain has always had housing bubbles, but what astounds me about this latest one is how many other countries have been sucked into the great merry-go-round, countries that surely have never really experienced HPI before, such as Latvia or Bulgaria. Are there any countries that have steadfastly refused to join in? I can only really think of Germany and, to my mind, possibly Austria. And are there so many countries that have had their own genuine HPI, without input from flipping Brits looking to snap up a second home somewhere (USA? Russia? Iran?!?).
  21. http://www.dailymail.co.uk/news/worldnews/...ial-crisis.html Gang of wealthy pensioners kidnaps and tortures financial adviser who lost their savings By Allan Hall A gang of wealthy pensioners kidnapped and tortured a financial adviser in Germany after he lost £2m of their savings during the financial crisis. Dubbed ‘The Geritol Gang’ by police – after the arthritis drug – the kidnappers seized James Arnburn and subjected him to a four-day ordeal He was burned with cigarettes, beaten with a chair leg and chained up 'like an animal' Mr Arnburn, 56, described how two of his kidnappers, identified only as Roland K, 74, and Willy D, 60, hit him with a Zimmer frame outside his home in Speyer, west Germany before binding him with duct tape. He was bundled into the boot of a silver Audi saloon and driven 300 miles to the home of Roland K on the shores of Lake Chiemsee in Bavaria. As the financial advisor, who runs investment firm Digitalglobalnet, was bundled into the cellar another couple, retired doctors Gerhard and Iris F, aged 63 and 66, arrived to assist his kidnappers. Mr Amburn said: 'I had known these people for 25 years. I had no reason to be afraid. But as I went into my home I was jumped from the rear and struck. 'They bound me with masking tape until I looked like a mummy. It took them quite a while because they ran out of breath. When they loaded me into the car I thought I was a dead man. 'I was bleeding from my eyes, nose and my mouth. But the nightmare had only just started.' During his confinement in an unheated cellar, Mr Amburn claims he was burned with cigarettes, beaten, had two of his ribs broken when he was hit with a chair leg and chained up 'like an animal.' He says he was fed only two bowls of watery soup during his four days in the dungeon. 'I was led into the cellar,' recalled Mr Amburn, 'And I saw a folding bed and a WC reserved for me. They immediately went on about their money. 'I told them what I had told them before, that due to market conditions, unfortunately it was gone. 'I was struck. Again and again they threatened to kill me. The fear of death was indescribable. I never thought I would make it out alive. 'I tried to buy time, to ease the situation, but I didn’t know if night was day or day night. 'I told them that if I sold certain securities in Switzerland they could get their money and for this I had to send a fax to a bank in that country so funds could be transferred.' They agreed and he sent a fax. But unbeknown to them, he had scribbled a message on the bottom of the paper for whoever received it to call the police. 'It was disguised as a policy which is spelled police in German,' he said. 'I wrote call.police and they didn’t notice it but someone at the bank was bright enough to pick up on it.' Allowed out of the cellar on Friday for cigarette break in the garden while the kidnappers waited on their loot, Mr Amburn attempted to escape over the wall. In the pouring rain he ran down the street pursued by his captors in the Audi A8 they had used to transport him to the house. Several people saw him but Roland K shouted: 'He’s a burglar!' He was then dragged back to the cellar where he sustained several broken ribs as a 'punishment' for trying to escape. Shortly afterwards, the Swiss bank telephoned police in Germany and an armed team of special SEK commandos was scrambled and the house was stormed in the early hours of Saturday morning. Forty armed officers rescued Mr Amburn who was naked except for his underwear. A physician had to be on hand to help his captors into police vans because of their various infirmities. They now face up to 15 years in jail each for illegal hostage taking, torture and grievous bodily harm. Chief public prosecutor Volker Ziegler said: 'They were angry because they invested money in properties in Florida and he lost it all. 'This was black money - they hadn’t declared it to the revenue authorities in Germany.' Mr Amburn, who needed hospital treatment for his injuries before being allowed home, added: 'They threatened me with the Russian mafia too. I am not sure I feel all that safe even though they are behind bars.'
  22. And how many "may fall" articles can be found on Bloomberg every day? Hardly worth getting excited about, is it? Unless, of course, you have the mental age of a four-year-old. I may go fishing tomorrow. And then again, I may not.
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