I thought student costs were largely paid by the students families, aside from scholarships for exceptional students, you often hear about family 'college savings funds' in films, maybe I watch too many films.. Is this not the case?
Has the world's economy recovered from the 2008 financial crisis?
- Thread starter Ricochet J
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I thought student costs were largely paid by the students families, aside from scholarships for exceptional students, you often hear about family 'college savings funds' in films, maybe I watch too many films.. Is this not the case?
Tories have been Torying for over 5 years now and the only people feeling better financially are the rich and the very rich. They are still borrowing money, they still have an obscene deficit but the only places they seem willing to take money from are the public sector and welfare. So as usual, the poor suffer while the rich prosper. This will continue till the middle class get fed up and vote labour and then the party starts again. Rinse and repeat. That's politics in western democracies. The sooner the average Joe realises he's not going to be a millionaire in this world the better. Greed is why the Tory's keep getting in power and wrecking everything for the majority of it's people. Greed. If you're reading this and you've got your back up, angry and vitriolic and such, you're part of the problem.
There's an equally biased argument against labour, to quote Maggie, the problem with socialism is that sooner or later you run out of other people's money to spend.
Until we have a sensible party that makes decisions based on what's best rather than what tows the party line, we will be stuck in this ludicrous succession of labour and conservative governments.
The key point here I feel, is we are not considering what's best for the country, people are inherently selfish, you can thank genetics for that, and will vote for what suits them, not for the greater good.. Basically we are doing each other over time after time because of how we have evolved.
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Tories have been Torying for over 5 years now and the only people feeling better financially are the rich and the very rich. They are still borrowing money, they still have an obscene deficit but the only places they seem willing to take money from are the public sector and welfare. So as usual, the poor suffer while the rich prosper. This will continue till the middle class get fed up and vote labour and then the party starts again. Rinse and repeat. That's politics in western democracies. The sooner the average Joe realises he's not going to be a millionaire in this world the better. Greed is why the Tory's keep getting in power and wrecking everything for the majority of it's people. Greed. If you're reading this and you've got your back up, angry and vitriolic and such, you're part of the problem.
I've had more success in the past 3 years . I'm not rich / very rich but my wages have gone up year on year so far and not small amounts either . Was an apprentice in Labour days
Think you find it's Labour who wreck it for the majority, while a minority , normally ethnic and disabled and possibly a women for full PC points are force fed by the public funded silver spoon .
It stinks , people need to start paying their way and another financial crash like the one previous will more than likely get avoided
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I don't think the UK banks have recovered from the 2008 financial crisis, what worries me is that nothing has fundamentally changed in the UK or US banking industries and I fear we could see another US or UK bank go ****up. I'm not sure we can afford to bail out the banks a second time.
A little socialism goes a long way. Some things should be ran by the state. The NHS, the Military, Public Transport including infrastructure. Other things like the financial sector and the manufacturing industry should be nurtured but ultimately regulated and left to their own devices.
Right wing capitalism and trickle down economics has been proved a failure. What we need is sensible socialism with sensible regulated capitalism. A strong public sector and a competent welfare state. Make the rich pay their share and foot the bill, they'll still be rich but there will be far less poor. It's not rocket science it just takes empathy, commitment and common sense.
I would say saying nothing says nothing.
I agree with the sentiment entirely, but there's that tricky biological barrier to overcome... Basic competition, the ' Poor' will never vote tory and the 'rich' will never vote labour, not enough to swing an election anyway. There's no middle ground party, the lib/tory coalition went some way, but as we all know the lib dem voters essentially executed the lib dem party for going into coalition, people are too short sighted to realise that the lib dems played a key part in constraining the tories, so they thanked them by deserting and consigning the libs to a fringe party.
Lib dem deserters basically voted this pure tory party in..
I'm not saying lib dems are viable, this is just an example of how collectively selfish the general public is.
And that's not meant in a derogatory way, it's just genetics and evolution, people vote for what matters to them, which is often not what's best for a society.
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Soldato
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Unfortunately, when a government commits to "spreading the wealth" it's the stretched middle that always foot the bill. People who started off with little and worked up to middle management or a senior role of some sort.
Lowering the standard of the working class middle does nothing but claw them towards this imaginary poverty line and the divide grows from wealthy to poor.
I still think the best definition of a recession, is not when a country/business etc cannot meet its obligations but is in fact when the rich are a) not making any money or b) not making as much money as they would normally c) losing money (this rarely happens)
Its becoming increasingly common knowledge that austerity is a choice. All money is backed by bonds etc. This "debt" is nothing of the sort. It is because of the gross malfeasance of the banking cartels, the same banks that levy debt, hide debt, hide profits, counter policy/law and involve in other such iniquities day in day out. And worse, these same banks still even today provide advice and guidance to Governments... unbelievable.
Lets be honest, banking is one great fraud. Try finding an actual banker who genuinely knows what they are doing (other than the ones who are manipulating the system). Virtually all know nothing. From something I read according to some dude somewhere there were probably only 2-3 people tops at each bank that fully understood the true intentions of CDS's.
Steve Eisman for example shorted hundreds of millions/billions of dollars worth of "stock" (bonds) and came away with many millions. The Big Short is quite an interesting read and the overall message from the book is that in the banking industry nothing has changed, absolutely nothing.
We have seen banks totally immune to any action against them. In the US for example, Dubya and his cronies from the banks struck a deal against the whole constitution and their legal system. In this country, we saw at one point £300,000,000,000+ in QE being "given" to the bank and after inspection there was little more than £4,000,000,000 that could be identified as having been used for its purpose. The rest was "We don't know".
The truth is people are getting fed up with lies that are starting to come out and exposés of their skulduggery. To remove any doubt... £375bn could put millions through University... and you can forget youth unemployment, that would be a thing of the past. You could if rationed provide free university (for the poorest families) for all time and ensure that there is no youth unemployment for at least 10years.
The Government don't care about the people. This is not a democracy.
Its becoming increasingly common knowledge that austerity is a choice. All money is backed by bonds etc. This "debt" is nothing of the sort. It is because of the gross malfeasance of the banking cartels, the same banks that levy debt, hide debt, hide profits, counter policy/law and involve in other such iniquities day in day out. And worse, these same banks still even today provide advice and guidance to Governments... unbelievable.
Lets be honest, banking is one great fraud. Try finding an actual banker who genuinely knows what they are doing (other than the ones who are manipulating the system). Virtually all know nothing. From something I read according to some dude somewhere there were probably only 2-3 people tops at each bank that fully understood the true intentions of CDS's.
Steve Eisman for example shorted hundreds of millions/billions of dollars worth of "stock" (bonds) and came away with many millions. The Big Short is quite an interesting read and the overall message from the book is that in the banking industry nothing has changed, absolutely nothing.
We have seen banks totally immune to any action against them. In the US for example, Dubya and his cronies from the banks struck a deal against the whole constitution and their legal system. In this country, we saw at one point £300,000,000,000+ in QE being "given" to the bank and after inspection there was little more than £4,000,000,000 that could be identified as having been used for its purpose. The rest was "We don't know".
The truth is people are getting fed up with lies that are starting to come out and exposés of their skulduggery. To remove any doubt... £375bn could put millions through University... and you can forget youth unemployment, that would be a thing of the past. You could if rationed provide free university (for the poorest families) for all time and ensure that there is no youth unemployment for at least 10years.
The Government don't care about the people. This is not a democracy.
According to this article banks came from pawnbrokers, which makes sense, they are essentially the bookies of the high street, but separate from the more 'moral entity' of the central bank, hopefully.
http://positivemoney.org/how-money-works/how-did-we-end-up-here/
Some more interesting reading.
http://positivemoney.org/how-money-works/proof-that-banks-create-money/
http://positivemoney.org/how-money-works/how-much-money-have-banks-created/
The banks have been pulling various notions.
I read somewhere (not sure how true it is) but when £100 is deposited in a bank 90% is floated. True up until this point. However, a bank will then list its balance as: £190... £100 deposited plus the £90 that has been gambled or made into bonds.
Although I am no advocate for freeman on the land conspiracy type things, there was something that must invariably be true regarding substantial loans in that loans taken are merely using your signature to create wealth (ala you Mortgage there is no money that changes hands truly, its just your signature obligates you to pay off an amount).
I encountered the exact thing above when I was asking for proof I had signed a loan contract, only to be informed that no such paperwork could be found. The signatories signature is of course the single most important item on any financial document due to it establishing a joinder.
I actually hope London votes Galloway in 2016, for all his misgivings... the financial sector will be bricking it!
I read somewhere (not sure how true it is) but when £100 is deposited in a bank 90% is floated. True up until this point. However, a bank will then list its balance as: £190... £100 deposited plus the £90 that has been gambled or made into bonds.
Although I am no advocate for freeman on the land conspiracy type things, there was something that must invariably be true regarding substantial loans in that loans taken are merely using your signature to create wealth (ala you Mortgage there is no money that changes hands truly, its just your signature obligates you to pay off an amount).
I encountered the exact thing above when I was asking for proof I had signed a loan contract, only to be informed that no such paperwork could be found. The signatories signature is of course the single most important item on any financial document due to it establishing a joinder.
I actually hope London votes Galloway in 2016, for all his misgivings... the financial sector will be bricking it!
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But they weren't going to spend it the same irresponsible way.
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QE has not worked and the US Federal reserve recently admitted it. They have continued all the programs that are creating unsustainable debt and not dealt with any of them. Spending has increased and the rate of increase year on year had also increased.
It would not be the end of the world if the currencies and stock market crashed. I think life would be more difficult but eventually people would just build up economic system again with a new currency. The thing is we are all trapped in this fiat currency bubble that requires continuous low interest rates and high government spending and high debt, in order to continue. The question is how long can that be continued before it results in problems like hyper inflation or the need to increase interest rates could lead to government debt being non payable. Which is the situation the greece is in.
Tories have been Torying for over 5 years now and the only people feeling better financially are the rich and the very rich. They are still borrowing money, they still have an obscene deficit but the only places they seem willing to take money from are the public sector and welfare. So as usual, the poor suffer while the rich prosper. This will continue till the middle class get fed up and vote labour and then the party starts again. Rinse and repeat. That's politics in western democracies. The sooner the average Joe realises he's not going to be a millionaire in this world the better. Greed is why the Tory's keep getting in power and wrecking everything for the majority of it's people. Greed. If you're reading this and you've got your back up, angry and vitriolic and such, you're part of the problem.
Sort of disagree with this. It's whoever gets in power that is manipulated by the very rich & powerful, to make policies that makes said very rich people richer. Until such a time that the very rich will have all the money & the poor will have none.
Typical pump and dump cycle.
When the M1,M2 and M3 money supply merge the is a major market crash.
Its every 6-8 years 2000 the dot com bubble, 2008 the banking crisis, 2015 the china bubble.
Not to mention property crash in the late 80s and crash in the 70s etc.
Pitty I don't have enough cash around to make a living from this.
When the M1,M2 and M3 money supply merge the is a major market crash.
Its every 6-8 years 2000 the dot com bubble, 2008 the banking crisis, 2015 the china bubble.
Not to mention property crash in the late 80s and crash in the 70s etc.
Pitty I don't have enough cash around to make a living from this.
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At least we won't have Gordon Brown this time...
Please, make a post longer than a single soundbite sentence. It might surprise you how much it forces you to think.
Gordon Brown wasn't 2008s problem.
To provide some content to the current situation - I'm not worried that China is going to implode and take the world with it to the extent that we will see anything other than a small blip in the stock markets that will recover quickly enough. At least I hope not because there aren't really many tricks left in the bag.
Gordon Brown wasn't 2008s problem.
To provide some content to the current situation - I'm not worried that China is going to implode and take the world with it to the extent that we will see anything other than a small blip in the stock markets that will recover quickly enough. At least I hope not because there aren't really many tricks left in the bag.
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When your treasurer leaves a note saying "all the money's gone" I don't think you really can defend yourselves with any credibility