Loony Lefties

[WesD]

So why don’t we just give the nhs what it needs, if the money is just being printed and never going to be paid back what does it matter if it’s 60billion instead of 50?

[daveatdave]

I thought what we borrowed we gave to the EU as our annual payment 

[Khriss]

Good summary Donnk , a bit simple but its all there ( bit like the Tories on their nip in to the House to claim their days wage ) actually most well off countries like Norway do pay 40% tax and have much better social care / social situation , K

[donnk]

18 hours ago, WesD said:

So why don’t we just give the nhs what it needs, if the money is just being printed and never going to be paid back what does it matter if it’s 60billion instead of 50?

thats the labour plan, the magic money tree.

 

Gov debt is bought (bonds) and we pay the bond holders ££££££££ then we buy the bond back at some point. Gov paid the last £2billion first world war bond in 2015.

 

Now for the Labour magic money tree, if you just print money all the money becomes worth less. This means when you sell bonds to raise real cash the gov has to pay a LOT more interest on them as they are effective worth less due to the magic money tree. 

 

socialism never works, there isn't a single example on the planet of it being successfull. 

 

Nice to see 3 pages of comment and not a single one disagreeing that we need and require more austerity. 

 

Edited January 18, 2018 by donnk

[Dan]

16 minutes ago, donnk said:

thats the labour plan, the magic money tree.

 

Gov debt is bought (bonds) and we pay the bond holders ££££££££ then we buy the bond back at some point. Gov paid the last £2billion first world war bond in 2015.

 

Now for the Labour magic money tree, if you just print money all the money becomes worth less. This means when you sell bonds to raise real cash the gov has to pay a LOT more interest on them as they are effective worth less due to the magic money tree. 

 

socialism never works, there isn't a single example on the planet of it being successfull. 

 

Nice to see 3 pages of comment and not a single one disagreeing that we need and require more austerity. 

 

 

Top 10 Most Socialist Countries in the World

By Peerform · On December 6, 2012

The term socialist has been thrown around quite a bit in the past few years. Not since the cold war has the term garnered so much attention in the press and from politicians. But when you look at countries who actually have a socialist economic structure, you can see some similarities to the United States – but there are some really stark differences.

Below, you will see some of the most socialistic nations in the world today:

China

Denmark

Finland

Netherlands

Canada

Sweden

Norway

Ireland

New Zealand

Belgium

[eggsarascal]

Didn't the Tories find a magic money tree when they needed the DUP on side, not to mention an extra few quid for Buckingham palace?

[stewmo]

Any government will find the cash to do what they want / need. Right or left. Governments that last have a slice of luck depending on the influence of the random global events that occur - markets, war, populist movements etc - rather their own success per se. They just do what they want and hope for the best!

[donnk]

1 hour ago, Dan said:

 

Top 10 Most Socialist Countries in the World

By Peerform · On December 6, 2012

The term socialist has been thrown around quite a bit in the past few years. Not since the cold war has the term garnered so much attention in the press and from politicians. But when you look at countries who actually have a socialist economic structure, you can see some similarities to the United States – but there are some really stark differences.

Below, you will see some of the most socialistic nations in the world today:

China

Denmark

Finland

Netherlands

Canada

Sweden

Norway

Ireland

New Zealand

Belgium

 

you cant honestly compare china and new Zealand... 

[Mick Dempsey]

8 minutes ago, donnk said:

 

you cant honestly compare china and new Zealand... 

Of course you can’t, totally ridiculous.

[Vespasian]

22 hours ago, forestboy1978 said:

This is appropriate for the thread. Guy is a fucking legend.

 

 

everyone with a brain should watch this fella..   as to this particular vid, been checking in all day wondering when its going to top a million views...   

 

As far as I'm concerned this man is the most important fella on Utube at the minute..   bright articulate and incisive...  he tore the woman to shreds..