the economy.

[BoyBlue_1985]

With the government guaranteeing mortgages for people basically subprime mortgage like in the USA surely this is dodgy ground, people have poor credit ratings for a reason, isn't his one of the reasons for the collapse in the first place? I'm no expert but using tax layers money to guarantee their mortgages just seems to leave us wide open to yet more debt? Or maybe I just haven't got a clue, oh and when all the strikes start in the autumn I'm sure the economy will take a dive again :(

What they striking for this time?

 

[metalblue]

2% is at the lower end of that. If you grow at that level constantly, a recession would destroy it very quickly, dragging an average growth rate well down. Our economy has grown at over 2% on average for decades, which means in order to make up for recessions and downturns, good growth years have to be 3-4% (sometimes even higher) to get the 2% average. 2% average is good. 2% is not, and it's certainly not very good.

Sustainable growth runs at around 2.5%, this should limit potential for recessions and overheating. 2%pa would be very good given where we've been and what the rest of the world is like..perhaps this is what SWP meant? I'll forgive his exuberance just this once.

I'm always exuberant.

Still wont vote Tory though as I like porn.

Thank fuck I will then....somebodies got to think of the children

 

[The perfect fumble]

With the government guaranteeing mortgages for people basically subprime mortgage like in the USA surely this is dodgy ground, people have poor credit ratings for a reason, isn't his one of the reasons for the collapse in the first place? I'm no expert but using tax layers money to guarantee their mortgages just seems to leave us wide open to yet more debt? Or maybe I just haven't got a clue, oh and when all the strikes start in the autumn I'm sure the economy will take a dive again :(

What they striking for this time?

They? Who's they?

 

[BoyBlue_1985]

With the government guaranteeing mortgages for people basically subprime mortgage like in the USA surely this is dodgy ground, people have poor credit ratings for a reason, isn't his one of the reasons for the collapse in the first place? I'm no expert but using tax layers money to guarantee their mortgages just seems to leave us wide open to yet more debt? Or maybe I just haven't got a clue, oh and when all the strikes start in the autumn I'm sure the economy will take a dive again :(

What they striking for this time?

They? Who's they?

I dont know maybe I should ask that as well

Who is striking and why?
There you go mate<br /><br />-- Fri Jul 26, 2013 8:45 am --<br /><br />

Sustainable growth runs at around 2.5%, this should limit potential for recessions and overheating. 2%pa would be very good given where we've been and what the rest of the world is like..perhaps this is what SWP meant? I'll forgive his exuberance just this once.

I'm always exuberant.

Still wont vote Tory though as I like porn.

Thank fuck I will then....somebodies got to think of the children

Apparently too many people are :0

 

[metalblue]

With the government guaranteeing mortgages for people basically subprime mortgage like in the USA surely this is dodgy ground, people have poor credit ratings for a reason, isn't his one of the reasons for the collapse in the first place? I'm no expert but using tax layers money to guarantee their mortgages just seems to leave us wide open to yet more debt? Or maybe I just haven't got a clue, oh and when all the strikes start in the autumn I'm sure the economy will take a dive again :(

What they striking for this time?

Surely why wait to the autumn is the more pertinent question. Weather's ace to be outside.

 

[The perfect fumble]

Who is striking and why?

Better.

 

[SWP's back]

What they striking for this time?

They? Who's they?

I dont know maybe I should ask that as well

Who is striking and why?
There you go mate

Everyone and because of porn.

 

[BoyBlue_1985]

With the government guaranteeing mortgages for people basically subprime mortgage like in the USA surely this is dodgy ground, people have poor credit ratings for a reason, isn't his one of the reasons for the collapse in the first place? I'm no expert but using tax layers money to guarantee their mortgages just seems to leave us wide open to yet more debt? Or maybe I just haven't got a clue, oh and when all the strikes start in the autumn I'm sure the economy will take a dive again :(

What they striking for this time?

Surely why wait to the autumn is the more pertinent question. Weather's ace to be outside.

I know its a wank decision. Nobody seems to strike in summer. They have it all backwards

 

[metalblue]

I'm always exuberant.

Still wont vote Tory though as I like porn.

Thank fuck I will then....somebodies got to think of the children

Apparently too many people are :0

Only according to the cellar... mumsnet are now predicting a landslide for the tories.

 

[SWP's back]

Thank fuck I will then....somebodies got to think of the children

Apparently too many people are :0

Only according to the cellar... mumsnet are now predicting a landslide for the tories.

What do they know? They have no penis.