wasn't it 400m last week?
on the plus side though between now and 2022 iran has bought 25 billion worth of planes from airbus ^_^
Last edited:
Brexit thread - what happens next
- Thread starter Gilly
- Start date
- Status
wasn't it 400m last week?
on the plus side though between now and 2022 iran has bought 25 billion worth of planes from airbus ^_^
We've had over 5 years of 0.5% interest rates, please explain how we're already not in a mess
The central banks have talked and talked about a hike, but in reality it cannot happen. The Slight drop was inevitable.How would we continue helping the Syrian camps if we withdraw foreign aid?
Not running from a specific war zone does not mean you aren't a legitimate refugee btw. Much of sub Saharan Africa is in a state for many reasons, including desertification, in part caused by climate change, of which we have been a significant contributor to. Foreign aid is fast becoming a way of helping other countries overcome difficulties we had a hand in in the first place, and as a way of changing practices in those countries to help ourselves.
We are one world, and what happens in one part of the world can easily affect others, we need to be working together and helping those less fortunate, both for their benefit and ours. Help them reduce fertility rates, increase sustainable agriculture, reduce deforestation and disease incubation and that in turn helps us by reducing the impact of climate change, the gestation of disease that can become global and reduce refugee crisies, leading to a more sustainable world.
The reality is the £12B is hardly anything to is, but is a significant amount (if spent properly) to others. 1% increase (in GDP) in spending on our military and security is not suddenly going to make us some kind of superpower again and it's not going to turn us into a manufacturing behemoth again (does anyone actually want that, we want increased wages, not lower wages).
But **** me all, and trying to help others, let's become more insular and spend the £12b on flood defences and insurance claims because we couldn't be bothered to actually try and stop/reduce the major changes our planet is going through because of the actions of all 7.2Billion of us.
So pull up the drawbridge, close the windows and stick our fingers in our ears, hoping they won't get in?
Good solution!
Scorza obviously saw another few planes landing, or saw the video Trumps team conceded he hadn't actually seen, aka the one he lied about.
Hey, don't let fact get in the way of a good argument. We already shot ourselves in the foot trying to stop a few non European migrants entering the UK by voting for brexit so may as well shoot ourselves in the other foot!
Its exactly the course that we've laid for ourselves, as a democracy the government has to show its protecting its own people above those outside of its remit.
This is why the UN was created, but it is nothing more than a secondary arm of the US government in reality, with minor benefits for other Perm. Security Council members.
It would be lovely if things worked, but we as a species get bored of such things.
An observation about what is actually happening following the Brexit vote:
Are Brexiters immune to irony?
Are Brexiters immune to irony?
It seems like pound isnt going to recover any time soon... I just worry that the banks could use this opportunity to do shady stuff and blame it on brexit, using tax-payers money in process.
Although many would call that statement a conspiracy poop, I guess someone who predicted 2008 banking crisis would've been called a nut job too.
Although many would call that statement a conspiracy poop, I guess someone who predicted 2008 banking crisis would've been called a nut job too.
Soldato
- Joined
- 1 Mar 2010
- Posts
- 6,316
Well, the BoE is stronger than the FSA was and more robust in approach which puts a partial damper on that one. However, there is a difficulty: tighten the screws, and the banks won't lend; set them loose, and you inflate bubbles left, right and centre, with speculative shenans on the menu as they've always been. Now whilst you're magicking some stimulus into being, assume the Eurozone stumbles or worse. Suddenly we have more risk and carp we may not be able to effectively bailout or influence -- fun times and hello square 0.
We cant bailout anyway, this dumbass idea of Zero-near zero interest rates and QE (Where a big chunk just moves into the hands of people who seriously don't need it) needs to end before we get to the point that Inflation comes about purely because of it and nothing else.
Soldato
- Joined
- 1 Mar 2010
- Posts
- 6,316
Never say never. Sadly none of us here are on the MPC, for example, nor will their actions be put to any vote outside the committee. Still, the BoE had set out its plan, possible scenarios and their anticipated effects. Whether anyone thought that was conspiracy, scaremongering or too hard to understand is a historical footnote at this point. The plan is being put into action by the numbers, aiming to fibrillate the economy long enough for political classes to do their bit.
And whatever the play, we're in the hands of the technocrats now, good and proper, baby!
I meant to do the maths a while back but didn't get around to it. Idle thought suggested that the cost of bank bailouts meant that you could have given a hell of a lot of the population a grand each to spend which probably would have been good for the non-service based economy too.
I meant to do the maths a while back but didn't get around to it. Idle thought suggested that the cost of bank bailouts meant that you could have given a hell of a lot of the population a grand each to spend which probably would have been good for the non-service based economy too.
Hmm, well about £550 bn was used to rescue the banks, that's £8,400 ish for every man, woman, and child alive today. Or over 10 grand each for just every adult.
But giving it to people directly instead of rescuing the banks might have resulted in the collapse of one or more banks, which would have been a disaster for account holders, and possibly caused a chain reaction of collapses. That's why banks have to hold a lot more cash these days, and 'stress tests' are tougher.
Soldato
- Joined
- 13 Apr 2013
- Posts
- 14,109
- Location
- La France
No, we get irony.
We only voted Leave to upset the 18-24 year olds. All the other havoc this will cause is just a bonus.
A bit of good news: falling pound boosts UK tourism
By the sounds of it some of the UK scientists are now finding that they aren't being allowed to join consortium to bid for funding from the EU (we pay in about 5 billion for R&D and get back about 8-9 billion), as the other scientists in the consortium are worried about the fact that these are multi year projects where the participants might be doing work in different countries.
Basically without knowing if the various people will be able to do the necessary exchanges/work in each others countries they don't want UK scientists involved as it could cause massive problems.
An outcome that I don't think comes as much of a surprise to those who had any clue about long term multi year projects that involved workers from multiple countries.
But does that offset the extra we're going to be paying for all imports?
Basically without knowing if the various people will be able to do the necessary exchanges/work in each others countries they don't want UK scientists involved as it could cause massive problems.
An outcome that I don't think comes as much of a surprise to those who had any clue about long term multi year projects that involved workers from multiple countries.
A bit of good news: falling pound boosts UK tourism
But does that offset the extra we're going to be paying for all imports?
Are there any legal implications to excluding the UK from bids? We are still fully paid up members at this time and have yet to officially announce our departure.
Had this last month. e.g. https://forums.overclockers.co.uk/showthread.php?p=29771514#post29771514
Trifid, they're not 'excluded' as such, it's just that any collaborations with UK partners are now risky because the UK might not be eligible for the funding in the future.
If I were an EU non-UK scientist I'd be cautious about applying with UK collaborators too.
Is it realistic to pursue a legal approach to this in order to get clarity on legal foundations we all know are going to change anyway ?
By the time the decision is reached, it would be too late.
- Status