the economy.

[BlueHammer85]

Things are looking better, although far from perfect.
Just pray to god that Red Ed and his fellow fuckwits don't win the next election, otherwise back to square one.

Negate this before it happens and vote UKIP.

The revolution is upon us.

You'll just be taking Tory votes away and Labour will win a landslide ...

 

[dazdon]

You'll just be taking Tory votes away and Labour will win a landslide ...

There isn't a great deal of difference between the two grey parties for that to affect me in any way.

I could spoil my paper but I don't believe apathy would be the catalyst for change.

 

[Len Rum]

Things are looking better, although far from perfect.
Just pray to god that Red Ed and his fellow fuckwits don't win the next election, otherwise back to square one.

Red Ed will probably get in as head of a coalition with the Libs because as the constituency boundaries stand Labour only need in the low 30% range to be the biggest party which they're virtually guaranteed. But do you honestly think it makes a difference who wins the next election?

 

[Mike D]

Things are looking better, although far from perfect.
Just pray to god that Red Ed and his fellow fuckwits don't win the next election, otherwise back to square one.

Haa haa yeah Red Ed

 

[Rascal]

Things are looking better, although far from perfect.
Just pray to god that Red Ed and his fellow fuckwits don't win the next election, otherwise back to square one.

Haa haa yeah Red Ed

Big nasty union loving back stabbing Red Ed the Commie whose dad hated Britain

 

[metalblue]

To resurrect this thread, the IMF today tells Europe to copy Osborne's austerity drive. Downgrading forecasts for Germany and France they said the UK was on course to race ahead of other advanced economies although risks remained.

 

[Len Rum]

To resurrect this thread, the IMF today tells Europe to copy Osborne's austerity drive. Downgrading forecasts for Germany and France they said the UK was on course to race ahead of other advanced economies although risks remained.

No, you've got it wrong mate it's not about austerity now, it's all about reckless tax cuts (unfunded).
Haven't you heard?
Labour have now become the party of austerity and sensible economic management.

 

[Rascal]

To resurrect this thread, the IMF today tells Europe to copy Osborne's austerity drive. Downgrading forecasts for Germany and France they said the UK was on course to race ahead of other advanced economies although risks remained.

The same IMF who have been proved so wrong, missed the crash etc etc etc etc. And yes I have used the IMF to back up points, but they become more discredited by the week.


The worst austerity is yet to come. Another 800,000 public servants will lose there jobs, Council budgets are being cut to the bone especially in big cities like Manchester.

The Tories want to cut more and more from the Welfare bill, but cut taxes at the same time. I struggle to understand where this logic has come from. If the Economy is booming as the IMF say, then raise taxes on wealth as thats the quickest way to eradicate the deficit surely.


We live in a country that whether you agree or not has social responsibilties to all its citizens. Those citizens of course have responsibilities back. But if you continue to hammer one section of society at the expense of others then a time will come when the streets will run with blood. Then as a result the feral underclass will be hit harder again and again.


I fucking hate that Blair allowed the circumstances for this vicious Tory led govt. to do what its doing. IDS is the singular most heartless **** on the planet and has wasted half a billion pounds on his universal credit that supplies just 3,000 people with welfare. Thats enough money to pay for 28,000 nurses.



The world is a sadder place because of the rise of neo-liberalist thought and its going to get worse, much worse and what really saddens me is we dont have a Labour party to fight against the mental cunts. As long as big business is OK and getting £100billion welfare rom the UK every year the Champagne keeps flowing..... Amazon got more in Govt grants last year than it paid Tax fffs...... think about about that one thing even if you dismiss the rest of my post as a rant....

 

[roaminblue]

To resurrect this thread, the IMF today tells Europe to copy Osborne's austerity drive. Downgrading forecasts for Germany and France they said the UK was on course to race ahead of other advanced economies although risks remained.

Hiya mate,

in your opinion how much of this is really down to austerity and how much is the creeping confidence in the markets in general?

A pretty benign rates market has meant that corporations have managed to lock-in fixed rate facilities for the foreseable; the way banks are set up currently means they are too heavily capitalised which has driven the price of these facilities down. some credit facilities have offered about as much risk as current accounts at the moment with banks tripping overthemselves to lend.

The other side of this is, of course, that we are probably stuck in a boom and bust cycle in the credit markets.

Leverage is growing, ABS' are back, CDO's are back (no cdo squared yet though ;-) ) you've got companies like the big american bulge brackets who are knocking european banks out of their positions in syndicated loans and taking massive holds; only to be able to flip it straight away and get the lot of their balance sheet in a matter of 48 hours. The insurance funds can't get enough, the pension funds can't get enough, the appetite for credit is well and truly back.

 

[Rascal]

To resurrect this thread, the IMF today tells Europe to copy Osborne's austerity drive. Downgrading forecasts for Germany and France they said the UK was on course to race ahead of other advanced economies although risks remained.

Hiya mate,

in your opinion how much of this is really down to austerity and how much is the creeping confidence in the markets in general?

A pretty benign rates market has meant that corporations have managed to lock-in fixed rate facilities for the foreseable; the way banks are set up currently means they are too heavily capitalised which has driven the price of these facilities down. some credit facilities have offered about as much risk as current accounts at the moment with banks tripping overthemselves to lend.

The other side of this is, of course, that we are probably stuck in a boom and bust cycle in the credit markets.

Leverage is growing, ABS' are back, CDO's are back (no cdo squared yet though ;-) ) you've got companies like the big american bulge brackets who are knocking european banks out of their positions in syndicated loans and taking massive holds; only to be able to flip it straight away and get the lot of their balance sheet in a matter of 48 hours. The insurance funds can't get enough, the pension funds can't get enough, the appetite for credit is well and truly back.

Big Business has got its balls back then. Wish they would pay some fucking tax

Our Govt is probably giving them grants to do it too.


And so the cycle continues.....Browns statements of eradicating boom and bust were foolish as its going to happen again soon is it not pal.