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Toto deVeer

Nassim Taleb: Cameron Understands The Problems...

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I think everyone 'understands' the problems, except Gordon and his cabinet of groupthink addled yes-men.

Whether they want to face up to them is another matter.

Im interested at the current cut (deflationary) and print (inflationary) policies at the same time. IIRC QE only applies to short term debt - the long term stuff is still getting issued-and bought in a geniune market. I guess this means some at least think the pound and Britain still has long term prospects.

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we,most of us,understand the problems,but that's not even half the battle is it?

Yes I agree. Won't know what this Coalition is made of until the pressure is applied. I just hope they move fast before the markets do. This '50 days to a budget' may not be fast enough...

To my limited knowledge, I can only think of two persons that Taleb has praised before; one is Popper and the other is Soros...

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I think everyone 'understands' the problems, except Gordon and his cabinet of groupthink addled yes-men.

Whether they want to face up to them is another matter.

Im interested at the current cut (deflationary) and print (inflationary) policies at the same time. IIRC QE only applies to short term debt - the long term stuff is still getting issued-and bought in a geniune market. I guess this means some at least think the pound and Britain still has long term prospects.

Britain's problems are still quite manageble, on a comparative basis. The Gilt redemption period, I believe, is longer than most. So they have some breathing room, for now, and just need to set a course in the right direction...

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an average 13 years as opposed to greece's 6.cold comfort really,we're jsut not as fecked as they are.

The US is approaching zero. Last month they repurchased something like $700 billion.

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I think everyone 'understands' the problems, except Gordon and his cabinet of groupthink addled yes-men.

Whether they want to face up to them is another matter.

Im interested at the current cut (deflationary) and print (inflationary) policies at the same time. IIRC QE only applies to short term debt - the long term stuff is still getting issued-and bought in a geniune market. I guess this means some at least think the pound and Britain still has long term prospects.

No, most of the audience on Question Time and that pugnacious twonk from the New Statesman still think we are in New Labour party politics still.

I am a picky bugger but I think so far both parties have shown a realisation of the situation that is admirable – yet on QT they were being slated by the majority.

Haseltine looked pissedoff at the culture of dunderheads before him.

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Rubbish. There was plenty of support for the Tories and the coalition in the audience as well.

Anyone can apply to be in the QT audience. A 'bull' from on here gave us a commentary after he was in the audience of the one Nick Griffin appeared on.

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No, most of the audience on Question Time and that pugnacious twonk from the New Statesman still think we are in New Labour party politics still.

I am a picky bugger but I think so far both parties have shown a realisation of the situation that is admirable – yet on QT they were being slated by the majority.

Haseltine looked pissedoff at the culture of dunderheads before him.

Ah, the nulab rent-a-gob. Yes, i sat there in disbelief as the swiping from the sidelines took place. A strong believer in the 'it doesnt matter what you say, just make sure you say it loudest' that one.

I first thought it was Shahid Malik or another of Liebours career politician go-getters.

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Rubbish. There was plenty of support for the Tories and the coalition in the audience as well.

Anyone can apply to be in the QT audience. A 'bull' from on here gave us a commentary after he was in the audience of the one Nick Griffin appeared on.

Anyone can apply but who chooses the audience and questions?

QT audiences are not representative of the general public, but as we now have a Conservative government the BBC's attempts to shape the political agenda have been rendered irrelevant for the time being at least.

:blink:

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Around 9:25 in...

Taleb: "Cameron understands the problems..."

Bloomberg: "Praise for David Cameron from Nassim Taleb..."

Taleb: "He understands the problems..."

http://www.zerohedge.com/article/nassim-taleb-we-are-going-have-some-point-failed-auction

Rare praise from an epistemologist...

Good news?

I can understand saying Cameron understand the problems. He understands them so uniquely that Taleb bothers to make such a rare comment, that I don't see.

What's in it for Taleb seems an appropriate question.

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It's a long-running association:

http://www.guardian.co.uk/politics/blog/2009/aug/20/david-cameron-nassim-taleb

Cameron has been talking to Taleb for years, while Sarkozy was talking to Stiglitz.

We'll blow another bubble, France will continue to socialise Europe's demise.

What a bizarre article. Why is the Guardian anti-Taleb? He's pretty much a political agnostic. Is it simply because he's associating with a Tory?

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What a bizarre article. Why is the Guardian anti-Taleb? He's pretty much a political agnostic. Is it simply because he's associating with a Tory?

.....for sure.... :rolleyes:

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Anyone can apply but who chooses the audience and questions?

QT audiences are not representative of the general public, but as we now have a Conservative government the BBC's attempts to shape the political agenda have been rendered irrelevant for the time being at least.

:blink:

Relax

It was from London. What else do you expect from the complacent Metropolitans and the "right-on" crowd?

Shoot that programme almost anywhere else and the support for the current Government would be strong. My anecdotal experience is that I've never witnessed as much goodwill toward a Government, except possibly for Blair. Not a great precedent I accept....

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Relax

It was from London. What else do you expect from the complacent Metropolitans and the "right-on" crowd?

Shoot that programme almost anywhere else and the support for the current Government would be strong. My anecdotal experience is that I've never witnessed as much goodwill toward a Government, except possibly for Blair. Not a great precedent I accept....

It's true.

People believe in the state the same way they believe in santa.

Cameron is going to use that fact to steal a load of resources and hand them to his friends. Just like everyone else who becomes PM has ever done.

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And yet the numbers disagree;

Based on a crowd of 100 people just over a third will support the government outright, just under a third will be opposed and the rest will be telling everyone what they think they want to hear.

And in Scotland?

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Anyone can apply but who chooses the audience and questions?

QT audiences are not representative of the general public, but as we now have a Conservative government the BBC's attempts to shape the political agenda have been rendered irrelevant for the time being at least.

:blink:

I applied once and got in. I wouldn't say I fitted "the profile". Theres a period while the audience gathers at the venue, and everyones submitting their questions and all seems open and fair, but you're right its after that that it breaks down. I spoke to a number of people there and found out what their questions were, a lot of them really interesting (during period of expenses/bank bailouts). In the actual programme, it was just as usual, the most inane pseudo-headline five-year-old questions get chosen. Whole exercise kind of pointless wouldn't bother again.

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What a bizarre article. Why is the Guardian anti-Taleb? He's pretty much a political agnostic. Is it simply because he's associating with a Tory?

taleb is as conservative and right wing as they come.

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Yes I agree. Won't know what this Coalition is made of until the pressure is applied. I just hope they move fast before the markets do. This '50 days to a budget' may not be fast enough...

To my limited knowledge, I can only think of two persons that Taleb has praised before; one is Popper and the other is Soros...

If that's true then I don't rate Taleb. Popper was not a brilliant thinker. We don't rely on induction - oops! My own argument relies on induction! Different domains of investigation can't communicate - except they can. He was not just a self-satisfied twit, but a vastly overrated thickie.

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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