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"no Return To Boom Or Bust"

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If one part of the economy is booming, ie housing, does it really mean that Labour have kept to their promise of "no return to boom or bust"? Can we have such a boom without a bust? Stinks of sh1t to me! :blink:

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Housing is nolonger booming!! The million dollar question is whether the bust which should follow can be avoided. It seems the government is doing everything in its power to avoid a bust, and so far you'd have to say theyre just about managing it...

does it really mean that Labour have kept to their promise of "no return to boom or bust"?

Look at Labour's previous record on keeping their promises..... :P

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I think it's a misprint.maybe a punctuation error.

should read no more boom........AND BUST.(or just bust,whichever you are most uncomfortable with)

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The press is full of misprints and misinformation. but some of this is of their own choosing.

http://news.bbc.co.uk/2/hi/europe/4573572.stm

One report said Poland had already detected a fall in pressure in its gas imports since the Russian cut.

Only yesterday they were saying this ukraine dispute wouldn't affect EU gas.

Russian gas cut 'will not hit EU'

http://news.bbc.co.uk/2/hi/business/4568288.stm

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If one part of the economy is booming, ie housing, does it really mean that Labour have kept to their promise of "no return to boom or bust"? Can we have such a boom without a bust? Stinks of sh1t to me! :blink:

As I've probably said before, neither Brown or Balls have been using this statement for quite a few months... so you should probably forget they ever said it in the first place.

They stopped using that phrase just after May, a strange coincidence.

The press is full of misprints and misinformation. but some of this is of their own choosing.

http://news.bbc.co.uk/2/hi/europe/4573572.stm

One report said Poland had already detected a fall in pressure in its gas imports since the Russian cut.

Only yesterday they were saying this ukraine dispute wouldn't affect EU gas.

Russian gas cut 'will not hit EU'

http://news.bbc.co.uk/2/hi/business/4568288.stm

Basically Russia has stopped piping the gas quota for Ukraine, so they're shipping less gas, but obviously they haven't stopped consuming gas in Ukraine so they cut into the share of gas going to Europe, then the Russians label this 'stealing'.

Politics and technicals don't mix, they can't just "shut down" things because systems become quite dangerous. It's like when we bombed Iraq our air forces contacted their air traffic control and asked (well, told) them if they would be ever so kind and move all civilian traffic out the way so we send our bombers over, very odd, but that's protocol.

Edited by BuyingBear

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As I've probably said before, neither Brown or Balls have been using this statement for quite a few months... so you should probably forget they ever said it in the first place.

The BBC never forgets...

'Budget 97':

http://www.bbc.co.uk/politics97/budget97/live/housing.shtml

Mr Brown said: "I will not allow house prices to get out of control and put at risk the sustainability of the future." He said he was determined that the UK should not return to the "instability, speculation and negative equity" of the 1980s and 1990s.

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As I've probably said before, neither Brown or Balls have been using this statement for quite a few months... so you should probably forget they ever said it in the first place.

The BBC never forgets...

'Budget 97':

http://www.bbc.co.uk/politics97/budget97/live/housing.shtml

Lol, how remarkably prescient :-

stampduty.gif

I'm sure Gordon always wanted to tie heavy anchors around Tony and Cherie's necks', he succeeded in many ways.

Edited by BuyingBear

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That quote is dynamite.

Here's another...

'Gordon's reasons to be cheerful' [september 1999]:

http://www.guardian.co.uk/lab99/Story/0,2763,202226,00.html

I am not going to make the same mistakes as Nigel Lawson. Sitting in this very same office in 1988, he thought and imagined he had a huge set of revenues that he could spend at will. It was only later that he discovered these revenues either did not exist, or had not been earned. The Conservatives ended up with the biggest deficit in British history. So that is the first lesson. You do not spend what you have not yet earned.

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To add the words "I" forgot but thought you would all realise were there.

"No more (Tory) boom and bust".

"You do not spend what you have not yet earned (but borrow against what you hope you will earn)".

There, that's sorted that out.

Edited by Mushroom

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  • 301 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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