Carney Voted Against More Qe

[Blod]

There were no "boom" years, it was an illusion of borrowed future demand.

The political class can only see GDP rising by borrowing even more, that is their solution which the banksters are only to happy to supply.

We are supposed to see the only solution as rising GDP and not greater economic efficiency.

[stormymonday_2011]

That chart is just so much sh*t.

Business wants more immigrants to depress wages - end of. Telegraph tells people to vote for their own wage suppression.

Taking the chart at face value it suggests that the UK will not need a single immigrant until at least 2027 so presumably we can close the borders until at least that date.

Somehow I do not think that is what they are suggesting

The truth is that the number of school leavers coming onto the job market in a few years is going to plummet because of the low birth rates in the UK from about 1995-2005. This is going to mean a tighter labour market which will have a knock on impact on wages. As we know people earning more money for their work cannot be allowed to happen . So naturally the PTB are pumping out the propaganda that we need more immigrants. The problem is that Germany and a lot of the rest of Europe have this problem as well so the UK government is probably going to find itself out bid for all the talent and will just get the dross as usual

http://www.telegraph.co.uk/news/politics/9819096/Two-million-quit-Britain-in-talent-drain.html

Edited July 18, 2013 by stormymonday_2011

[DTMark]

He KNOWS people are going to think he is a print and run man. First vote, I would have been shocked if he HAD gone for more QE. He'll wait and be 'reluctantly forced'. Think of Boris Johnson claiming not to want the PM's job.

Think of Gordon Brown's earliest times, and his self-proclaimed reputation for "prudence".

[winkie]

Growth = Growing debt, growing inflation and growing population growing older.