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Tired of Waiting

Priceless Bbc. Another "pearl". Classic.

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Priceless BBC - Another "pearl", classic :

BBC News says that "our taxes" fund only about a third of public sector pensions. The other two-thirds are funded by "public sector employers and employees".

:blink:

:lol:

. . . :(

The official numbers for the tax year 2014-15 are: Total spending on public sector pensions: £32.1 bn

And then the BBC says that:

Around two thirds will be "financed by contributions" "from public sector employers and employees " :huh:

And only the third left, £9.4bn, will be covered by "our taxes or borrowing"! :blink: (to the tune of £313 / tax payer).

Just a few hours left to watch it on BBC iPlayer.

Item at 9min 30sec into the video: LINK: http://www.bbc.co.uk/iplayer/episode/b00sy2wl/BBC_News_at_Six_29_06_2010/

(If someone knows how to "capture" that video, and save it for "posterity", please please do it!)

Now also on YouTube, courtesy of "chris c-t". LINK: http://www.youtube.com/watch?v=nyl9UG0IfTw

.

Edited by Tired of Waiting

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I was (partially) bumping the thread to the top of the front page. Thanks for your help BTW. :) Any other comment? ;)

Oh I’m more then happy to oblige.

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:lol:

:lol:

I knew it!

I was just waiting for you, "Red Karma", since it would be too obvious to use your "absolutezero" persona now. :lol:

God, you are so obvious.

Attention all forum members, the same person uses these 3 personae: "PopGun", "absolutezero", and "Red Karma".

:D

Priceless.

:D

.

Edited by Tired of Waiting

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Attention all forum members, the same person uses these 3 personae: "PopGun", "absolutezero", and "Red Karma".

:D

Welcome back, GOM :blink:

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Sorry, who is GOM?

grumpy-old man-returns, a former poster who used to spend half his time on HPC accusing posters of having "multiple personalities", just like you did with RK...

And no - I'm not another of RK's manifestations :lol:

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Sorry, who is GOM?

GrumpyOldMan - Aka the Euro is just brill, sterling is toilet, I know I have read the books, I am right, you are wrong but I will not tell you why.

He used to specialise in trying to find people on here with multiple logins.

Edited by ralphmalph

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grumpy-old man-returns, a former poster who used to spend half his time on HPC accusing posters of having "multiple personalities", just like you did with RK...

I see. Thanks.

And no - I'm not another of RK's manifestations :lol:

:lol:

I know. Don't worry.

And I am not a "serial accuser". I think that was the first time I noticed one. And just because that guy has been stalking me for quite a while. Actually I was quite slow in finding it out.

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grumpy-old man-returns, a former poster who used to spend half his time on HPC accusing posters of having "multiple personalities", just like you did with RK...

And no - I'm not another of RK's manifestations :lol:

You're not?

:blink::P

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So here are four such games. The first is played within the financial sector: the aim of each player is to ensure that bad loans end up somewhere else, while collecting a fee for each sheet unwrapped along the way. The second game is played between finance and the rest of the private sector, the aim being to sell the latter as much service as possible, while ensuring that the losses end up with the customers. The third game is played between the financial sector and the state: its aim is to ensure that, if all else fails, the state ends up with these losses. Then, when the state has bailed it out, finance can win by shorting the states it has bankrupted. The fourth game is played among states. The aim is to ensure that other countries end up with any excess supply. Surplus countries win by serially bankrupting the private and then public sectors of trading partners. It might be called: “beggaring your neighbours, while feeling moral about it”. It is the game Germany is playing so well in the eurozone.

http://www.ft.com/cms/s/0/3a4d4966-83af-11df-b6d5-00144feabdc0.html

For every deficit there's a surplus dude.

You're a professional economist - see if you can work it out.

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Captured it. Whaddya want to do with it?

If you want to keep it (the BBC will certainly remove it due to copyright),

you can download from youtube with with the Firefox add-on "flash and video download 0.1"

- just hit the clapperboard at the bottom right of the Firefox window.. then uninstall the add-on if you don't like it (easy, inside firefox)

http://www.youtube.c...h?v=nyl9UG0IfTw

Brilliant chris c-t, thanks a lot. I'll try to download it now, following your instructions. :)

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Sorry to go back on topic but, the sheeple really haven’t become conscious of this skeleton waiting to ruin their retirement yet.

Only one in four actually work in the public sector yet their demands in retirement on the livelihoods of those that were employed in the private sector are going to make them very unpopular. Measures must be taken to tackle this, frankly the public will demand it.

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http://www.ft.com/cms/s/0/3a4d4966-83af-11df-b6d5-00144feabdc0.html

For every deficit there's a surplus dude.

You're a professional economist - see if you can work it out.

Wolf's article is a bit of a digression on this thread's topic, but interesting nevertheless. Let's go for it:

Firstly, better to see the wood, than the trees: "What matters is not public debt alone, but all debt." (BTW, regarding this previous argument of ours, re. government debt or total national debt, Wolf agrees with me :) ). And by this criterion, the UK is one of the two most fecked economies in the world (Japan is the other). The solution for the current international crisis will be the increase in relative consumption in emerging economies, and the reduction in consumption in our deficit countries - particularly in Britain. We've been living way beyond our means. We will have to produce more, and consume less. Simple really.

Edited by Tired of Waiting

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  • 145 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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