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Post by Dan Dare on Jun 19, 2023 19:57:21 GMT
Isn't that likely just to increase household debt though through more consumer spending and real estate speculation?
Does the UK need more growth fueled by personal debt? It already has the highest debt level as a proportion of GDP, higher even than the US or any of our European neighbours.
or some of our European neighbours..  You don't seem to have noticed that my remarks concerned personal debt, not government.
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Post by Pacifico on Jun 19, 2023 21:21:43 GMT
or some of our European neighbours.. You don't seem to have noticed that my remarks concerned personal debt, not government.
Same applies - look at your link |
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roots
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Post by roots on Jun 19, 2023 21:48:31 GMT
Any idea? Normally business planning involves looking at how long you need to keep your head down, but all the businesses I speak to have no idea how this ends. We are looking at another rise in interest rates despite the fact that its not working (No surprise there) What's your predictions? I predict that you are mortgaged upto the hilt. |
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Post by Tinculin on Jun 20, 2023 0:12:33 GMT
Would help if our government would stop regulating our markets out of competitiveness.
Closing power stations in the middle of an energy crisis has to be a seriously dumb decision.
We should be monopolising on the energy shortage ourselves and doing everything we can to drive down energy costs and instead we’re doing the opposite.
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Post by Baron von Lotsov on Jun 20, 2023 0:30:25 GMT
I helped deliver them in the convoys from Easter. and on the way back we brought back spent Russian and Ukrain Brass to go to be smelted at our ordnance factories. And that is just the UK effort you should see what Uncle Sam was supplying and other Nato states. Like I have already stated plenty more ammo of all calibres where that came from. Fair enough. Make sure you don't get blown up. |
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Post by jonksy on Jun 20, 2023 0:36:25 GMT
I helped deliver them in the convoys from Easter. and on the way back we brought back spent Russian and Ukrain Brass to go to be smelted at our ordnance factories. And that is just the UK effort you should see what Uncle Sam was supplying and other Nato states. Like I have already stated plenty more ammo of all calibres where that came from. Fair enough. Make sure you don't get blown up. I have been home weeks now BVL, But I wouldn't hesitate if I were asked to go again. |
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Post by jonksy on Jun 20, 2023 6:06:19 GMT
Good to see Airbus has received the biggest order ever recorded for an aircraft manufacturer at the Paris Airshow, The UK are a major player in the Airbus consortium.This is yet another boost to the UK economy.
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Post by johnofgwent on Jun 20, 2023 6:54:04 GMT
I actually have no idea. The last few board meetings the discussion has been how wrong the last predictions have been.  ’The Economy’ of the united kingdom took a dive down the toilet at about the time a daring raid on an estuarial river harbour left the country bereft of its navy with the entire fleet ablaze. Financial decisions taken since that day have set the course ever since and insistence on giving the vote to more and more of our population has ensured the course to destruction. Look about you and ask which countries are not in the shit and you will quickly find they are the ones where the rulers don't give a flying one about the welfare of the proletariat. India. China. Russia. There is no way this country can ever, ever raise its economy back to the dizzy heights it enjoyed at say the time when we fought the first Afghan war, because we insist on giving the underclass in this country the vote and rights, and we no longer have an empire to bleed dry. That’s it. |
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Post by johnofgwent on Jun 20, 2023 7:16:51 GMT
Would help if our government would stop regulating our markets out of competitiveness. Closing power stations in the middle of an energy crisis has to be a seriously dumb decision. We should be monopolising on the energy shortage ourselves and doing everything we can to drive down energy costs and instead we’re doing the opposite. I agree. But back in 1974 I chose to study economics at GCE ‘O’ level and got a Grade 1 which makes me more qualified in understanding its workings than three quarters of ANY united kingdom cabinet EVER From the truths i learned that year i put to you the following fact In order for this country’s economy to show a profit, this country must make something or provide something to another country for a price such that we make a profit, and they make a loss. How can we do that today ? We used to have an empire to pillage for materials and labour to ensure we could do that. Now certain elements of our political elite wish them to be given reparations, and a comfortable lifestyle in this country funded by a magic money tree, and demand our own production of anything is either hogtied by rules and regulations that will at best improve the environment by 2% because the countries shitting the other 98% don't give a flying one, or rules and regulations that increase the cost between fourfold and tenfold for reasons of health and safety while countries like india and china where life is cheap and the elite don’t give a monkeys how many die as long as the profits continue see the product of that philosophy sold for billions on Amazon and eBay. |
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Post by Dan Dare on Jun 20, 2023 7:18:27 GMT
Would help if our government would stop regulating our markets out of competitiveness. Closing power stations in the middle of an energy crisis has to be a seriously dumb decision. We should be monopolising on the energy shortage ourselves and doing everything we can to drive down energy costs and instead we’re doing the opposite. The truth of the matter is that a large proportion of the UK energy sector (including the entire nuclear generating capacity) is under foreign ownership so many important decisions will be made in Paris or elsewhere leaving the government of the day with little room for manoeuvre.
The same is true for other capital-intensive sectors in which assets have been sold to foreign buyers including but not limited to: water, railways (especially freight), ports and airports, aerospace and transportation. In wind power particularly, now widely viewed as the panacea solution for Britain's energy supply challenge, foreign companies dominate the consortia that have installed and operate the offshore wind farms. The equipment used in such systems is itself practically 100% imported.
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Post by johnofgwent on Jun 20, 2023 7:22:08 GMT
Would help if our government would stop regulating our markets out of competitiveness. Closing power stations in the middle of an energy crisis has to be a seriously dumb decision. We should be monopolising on the energy shortage ourselves and doing everything we can to drive down energy costs and instead we’re doing the opposite. The truth of the matter is that a large proportion of the UK energy sector (including the entire nuclear generating capacity) is under foreign ownership so many important decisions will be made in Paris or elsewhere leaving the government of the day with little room for manoeuvre. An excellent point. The United States routinely declares war to secure its energy independence and steelmaking capacity used to be considered a matter of national security. Somewhere in my lifetime someone was allowed to throw both considerations down the toilet and pull the flush. |
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Post by zanygame on Jun 20, 2023 7:26:29 GMT
Would help if our government would stop regulating our markets out of competitiveness. Closing power stations in the middle of an energy crisis has to be a seriously dumb decision. We should be monopolising on the energy shortage ourselves and doing everything we can to drive down energy costs and instead we’re doing the opposite. The truth of the matter is that a large proportion of the UK energy sector (including the entire nuclear generating capacity) is under foreign ownership so many important decisions will be made in Paris or elsewhere leaving the government of the day with little room for manoeuvre. There is nothing stopping us from separating renewable from gas prices. Then we would see the real reason energy prices are so high. |
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Deleted
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Post by Deleted on Jun 20, 2023 7:26:55 GMT
When will the economy begin to recover? We could all fill book chapters with answers.
But the simple answer is that it will begin to recover when such recovery serves the best interests of the wealthy elites. For as long as the latter can make more money out of our pain we have no chance.
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Post by Pacifico on Jun 20, 2023 7:40:26 GMT
The truth of the matter is that a large proportion of the UK energy sector (including the entire nuclear generating capacity) is under foreign ownership so many important decisions will be made in Paris or elsewhere leaving the government of the day with little room for manoeuvre. There is nothing stopping us from separating renewable from gas prices. Then we would see the real reason energy prices are so high. How would that work?. Currently we have CFD which set a floor for renewables but each operator has the option not to sell at those prices but sell at the market price - which is set by the highest cost supply. Would you force operators to only sell at the CFD price? - how would that impact investment in the industry? |
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Post by zanygame on Jun 20, 2023 7:44:13 GMT
When will the economy begin to recover? We could all fill book chapters with answers. But the simple answer is that it will begin to recover when such recovery serves the best interests of the wealthy elites. For as long as the latter can make more money out of our pain we have no chance. All the successful business people I know would much prefer a stable economy. So the wealthy elites must be very elite. That said I don't doubt they are the ones in government at the moment. |
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