awaytogo Posted October 5, 2013 Share Posted October 5, 2013 Yes, as I said it will be at a much lower price level than today. Maybe in real terms, i think the government will have to prevent them falling to prevent another run on the banks as the market is that far in Debt and they will do this by introducing schemes that will trick people into believing there will be growth in prices. Then i cannot see any growth in prices as the borrowing ratios are at a Max already, so i believe prices will fluctuate around this level for a long time. Quote Link to comment Share on other sites More sharing options...
petetong Posted October 5, 2013 Share Posted October 5, 2013 The intention with this is to: 1) reduce benefits bill 2) create free labour 3) stop eu workers claiming any benefits, hence they think less will come here but they still need cheap/free labour hence force uk youngsters to do it but even cheaper - win win 4) play to the tory gallery 5) reduce unemployment figures by over 1 million. Interest rates then go up ? Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted October 5, 2013 Share Posted October 5, 2013 The intention with this is to: 1) reduce benefits bill 2) create free labour 3) stop eu workers claiming any benefits, hence they think less will come here but they still need cheap/free labour hence force uk youngsters to do it but even cheaper - win win 4) play to the tory gallery 5) reduce unemployment figures by over 1 million. Interest rates then go up ? 3) is an interesting one because it is the Tories addressing one of the reasons many people want to vote UKIP, but in a roundabout "helpful" way because all the youngsters will "earn or learn". Well spotted. I don`t understand 5) though, maybe just too much flu and Red Label Quote Link to comment Share on other sites More sharing options...
petetong Posted October 5, 2013 Share Posted October 5, 2013 3) is an interesting one because it is the Tories addressing one of the reasons many people want to vote UKIP, but in a roundabout "helpful" way because all the youngsters will "earn or learn". Well spotted. I don`t understand 5) though, maybe just too much flu and Red Label For 5) I'm thinking there are over 1 million unemployed NEETS or whatever they are called, stop their benefits reduce unemployment figures by approximately 1 million. Didn't Carney say when unemployment rate drops below 7% he will up interest rates, think 1 million off unemployment figures will drop it well below 7%. Hope the hangover isn't too bad Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted October 6, 2013 Share Posted October 6, 2013 For 5) I'm thinking there are over 1 million unemployed NEETS or whatever they are called, stop their benefits reduce unemployment figures by approximately 1 million. Didn't Carney say when unemployment rate drops below 7% he will up interest rates, think 1 million off unemployment figures will drop it well below 7%. Hope the hangover isn't too bad Still working on it Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted October 6, 2013 Share Posted October 6, 2013 NO NO NO Carney did not say he would raise interest rates when unemployment rate drops below 7%, he said he would not raise interest rates until unemployment rate dropped below 7% unless ... (various caveats), so even if unemployment rate is 5% he will not necessarily raise interest rates. He won`t be raising interest rates, they will just creep up themselves I think. Quote Link to comment Share on other sites More sharing options...
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