Has the world's economy recovered from the 2008 financial crisis?

Was that the note left as a joke? There's a lot of stuff that I can lay at Labour's feet (such as working tax credits taking the responsibility to pay a proper wage away from employers), but the credit crunch isn't one of those things. Even the Tories are starting to blame global financial conditions more often than Labour as they try and explain missing their own deficit reduction targets by huge margins.
 
Gordon Brown was completely incompetent.

He announced the gold sale before it happened, he spent far too much money on welfare and pointless vanity projects (under Tony Blair) and to top it all off, his Government left a note saying they had run out of money.

If that's not incompetence, I don't know what is?
 
What policies, opposed by the Tories in the run up to 2008, were responsible for us having to effectively print money to stop our financial services industry collapsing?
 
AlecR said:
Gordon Brown was completely incompetent.

He announced the gold sale before it happened, he spent far too much money on welfare and pointless vanity projects (under Tony Blair) and to top it all off, his Government left a note saying they had run out of money.

If that's not incompetence, I don't know what is?
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Vanity projects?

Osborne sold off the Royal Mail on the cheap did he not?
 
The problem here isn't money, it isn't bankers, it isn't fair taxation etc, it's Power.

Those of us who are not in power have a fundamentally incorrect view of the world - that the world is essentially a 'fair' place where everyone should 'do the right thing' and the universe naturally rewards you for being a decent, hardworking individual.

This is complete and utter tosh and the people at the top of society with all the wealth and associated trappings are just the people who realised this first. They didn't make the power structures of our society what they are (ok so they may have tweaked some in their favour) they simply know better than the rest of us how to ride the waves and keep hold of their money and status.

Until the vast majority of people realise that being nice/decent/hardworking does NOT equate to being successful in this world we will never have equality in the distribution of wealth or influence or power and the cycle of boom and bust will continue decade after decade.

If you want success in this life you have to go out and grab it - which invariably means taking it from someone else.

Whining on the Internet about how unfair life is and how bad other people are is futile and achieves nothing.
 
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Moley said:
The problem here isn't money, it isn't bankers, it isn't fair taxation etc, it's Power.

Those of us who are not in power have a fundamentally incorrect view of the world - that the world is essentially a 'fair' place where everyone should 'do the right thing' and the universe naturally rewards you for being a decent, hardworking individual.

This is complete and utter tosh and the people at the top of society with all the wealth and associated trappings are just the people who realised this first. They didn't make the power structures of our society what they are (ok so they may have tweaked some in their favour) they simply know better than the rest of us how to ride the waves and keep hold of their money and status.

Until the vast majority of people realise that being nice/decent/hardworking does NOT equate to being successful in this world we will never have equality in the distribution of wealth or influence or power and the cycle of boom and bust will continue decade after decade.
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The French realized for a moment 200 years ago, it went swimmingly.
 
ReltonBFD said:
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 .
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There are currently more women in the UK than men, so without even doing the maths around ethnic minorities and disabled people you've already confirmed that Labour support the majority.
 
Thanks for the source, handy to see although imho the difference is pretty insignificant.
 
@ OP - Nope, we just kicked the can down the road with QE etc. only so far you can kick a can before it hits a wall and that wall is in sight.
 
CREATIVE!11 said:
Don't worry,

there will probably be another one in the near future. Banks it seems haven't learnt their lesson.
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Don't think it's banks that are the problem, rather governments measuring success by growth. Infinite/exponential growth doesn't work in a finite system.

It's especially bad when government try and force growth by trying to increase consumer spending, itself based on debt.
 
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