ntb
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Posts posted by ntb
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But the UK has officially been in a recovery since 2012. No irony or sarcasm here. Look at the GDP figures. The UK is in its 4th year of recovery.
The government is still borrowing 6% of GDP into existance every year. A sizable chunk more is being borrowed by 'consumers' and business. Strip debt growth out before you look at GDP to get a meaningful figure.
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For those without access to i player
The Greens are absolutely stark raving fruitcakes, she even makes call me Dave and Millipede look like intellectual giants.
Holy cow. Previously I had dismissed the Greens as idealistic but harmless hippies. I had no idea they were so dangerous and insane.
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you're swearing, ntb
Sorry about that. Wouldn't want to give the impression that I'm somewhat vexed about the whole situation. Honestly I'm fine with it and will dutifully keep voting for more.
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So each year we are building one major city, three hospitals. half a dozen police, ambulance and fire stations, a dozen schools, countless nurseries, shops, restaurants, bus stops and all the rest?
Oh wait, we're cramming these people into what we already have. Great, just great.
Bastards.
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The forum has gone, he just writes occasional blog articles now. The pinned topics will give you a bit of insight into where he is coming from if you want a look:
http://market-ticker.org/cgi-ticker/akcs-www?forum=Market-Ticker
He wrote a book called Leverage - How cheap money will destroy the world
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Neverheard of him. Is this the guy:
http://deflationland.blogspot.co.uk/2014/01/no-bigger-loser-than-karl-denninger.html?m=1
No, that's some petulant kid whining about being banned from his forum.
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What do you think of the deflationist denningers musings?
Do you think the taper will continue as planned?
I follow him pretty closely. I can't find fault in his logic or facts. I'm inclined to give much more credence to a position arrived at through logic and facts rather than plucked out of the air. I haven't seen an inflationist argument put before him that has survived scrutiny.
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Federal Reserve on course to end QE3 in October
QE4 for Christmas?
No chance. Bond holders have taken enough damage to their yield as it is.
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I agree totally with the OP. I am totally hacked off with Lib/Lab/Cons. I've had to put up with their BS all my life and I've had enough. I'll be voting UKIP from now on.
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It would be more sensible to use it to increase the production of Tonic water.
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It's countryside, it's beautiful but it's also man made and unnatural.
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Am I right in thinking that single people get issued with exactly the same number and size bins as a large family of 5/6 people?
You'd hope so since they're paying the same for it.
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If you are assuming the Fed will stop tapering and QE will continue over here then you are assuming that they are willing to destroy bond holders i.e. the pension and insurance industries rather than the gentle raping they have endured so far. I don't think so. QE has been tried, it has failed. No point in inflicting more damage.
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I assume it would be entirely possible to set one up exclusively for those not suckling from the government teat. Would be interesting to see the response though.
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The local residents are taxpayers.
Good. They can pay for it then.
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You can only rape bondholders for so long before they notice they are getting sore. They are going to remain sore long after the raping stops.
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It's working again.
Just transferred 10k to my children this morning to rescue it from NatWest's clutches. They bank with Santander.
Frying pans and fires spring to mind.
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The teacher I hold in highest regard wasn't particularly brilliant at motivating and enthralling the class, there were others that were better. He was an ex Commando and he was adept at keeping discipline and stopping disruption so that those who wanted to learn could get on with it. He earned my lasting admiration when the biggest and most disruptive bullying lummox in the class was dragged from the classroom by the throat and slammed repeatedly into some lockers before being dragged back to his seat. Being in his class was a real pleasure compared to some of the wet individuals that couldn't or wouldn't tackle those destined for a life in prison.
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Back in 1985 when I graduated it was mostly those with thirds and the drop outs that went on to do pgce's and on to teaching. I suspect it's the norm.
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again - buy it in Maxico - problem solved - free market always works
As long as you don't get caught. It's well and truly illegal.
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It's not that the free market isn't working, there is no free market in US healthcare. There are a series of government mandated monopolies that have lead to widespread fleecing.
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It is not a tax. Any report or comment that refers to it as a tax cannot be taken seriously.
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I read an article in the middle of the night that said that the US Fed was buying 110% of its bonds and that it will be 140% within a few years. I have no idea how they can buy more than 100% but perhaps the BOE is buying most of our stuff.... but if they were then they would not be demanding higher rates... unless they are incredibly thick.
Just a guess but I would take it to mean buying more in total than the newly issued bonds, i.e. rolling over matured bonds as well.
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http://www.theonion.com/articles/detroit-sold-for-scrap,1931/
Prescient article from the Onion in 2006...
Snip
DETROIT—Detroit, a former industrial metropolis in southeastern Michigan with a population of just under 1 million, was sold at auction Tuesday to bulk scrap dealers and smelting foundries across the United States.
"This is what's best for Detroit," Mayor Kwame M. Kilpatrick said. "We must act now, while we can still get a little something for it."
/Snip
Will we leave the EU?
in House prices and the economy
Posted
No. Can't think why but I just feel the need to sharpen my pitchfork for some reason.