advertisement


Winter election II

Status
Not open for further replies.
jtrade said:
Because the more socialist a nation is, the more likely it is thought to fare badly in economic terms.
Click to expand...

I’m liking this because it’s the most delightfully innocent line of thinking I have yet seen in this thread.

c07.gif
 
Tony L said:
Really? Best tell that to most of Scandinavia who forgot to catastrophically fail in the banking crash of 2008 and haven’t been blighted by a decade of entirely misguided right-wing ‘austerity’. I suspect they forgot to get their credit rating downgraded twice and devalue their currency too! It takes a Tory government to screw-up an economy that much...
Click to expand...
They also have quite high tax rates on income, along with big rates on goods (esp. Alcohol) and also they don't seen to be flocking to the airports to leave the motherland.
 
I see JC pulled out of two interviews this week following the Reid interview.

Can't say I blame him.


<<<
Corbyn to dodge TV debates after disastrous BBC interview
Jeremy Corbyn has decided not to take part in two television debates this week, it has emerged, in the wake of his disastrous interview with Andrew Neil on BBC One. Sky News was forced to cancel a leaders' debate today after Mr Corbyn refused to sign up to the programme, and a seven-way debate between party leaders on the BBC on Friday night will feature Rebecca Long-Bailey, the shadow business secretary, in Mr Corbyn's place. >>>
 
Tony L said:
Really? Best tell that to most of Scandinavia who forgot to catastrophically fail in the banking crash of 2008 and haven’t been blighted by a decade of entirely misguided right-wing ‘austerity’. I suspect they forgot to get their credit rating downgraded twice and devalue their currency too! It takes a Tory government to screw-up an economy that much...
Click to expand...


That's because they learned their lessons in the Nordics banking crisis 1990-93, after which there was mass unemployment (24% in Sweden) and major cuts in social entitlements. Austerity, in other words. The banking systems were effectively bankrupt.

But they were savvy to this. Sweden's (then centre right) Govt, effectively nationalized 20 odd banks and guaranteed all deposits and creditors of the 100+ total banks in Swedish state. This is seen as a benchmark for financial crisis management. Tighter regulatory controls and risk management tools were implemented as a consequence, and it was these that led to minimal exposure for Nordics to the 2008 global crisis, following Lehmanns collapse and the coming home of all that sub-prime crap. They had already learnt the hard way about over valued property, re insurance, liquidity etc.o
 
Tony L said:
Really? Best tell that to most of Scandinavia who forgot to catastrophically fail in the banking crash of 2008 and haven’t been blighted by a decade of entirely misguided right-wing ‘austerity’. I suspect they forgot to get their credit rating downgraded twice and devalue their currency too! It takes a Tory government to screw-up an economy that much...
Click to expand...

The Scandy countries run market economies with private ownership of companies and social democratic models as regards funding of health, education and so on. They are not 'socialist' per se. Their populations and economies are a fraction of the size of ours. It is very easy to draw facile comparisons, of course, but we are very different creatures.

matthewr said:
Why on earth would nationalisation cause the £ to tank?
Click to expand...

Nationalisation will involve taking the railways, mail, water and energy utilities into state ownership at knock-down prices, which together with a raid of 10% of company shares equates to sequestration of private and corporate assets, will involve eye-watering levels of government borrowing, a collapse in competition and therefore efficiency and productivity, increases in corporation tax from 19% to 27%, increases in income tax, massive increases in capital tax, re-empowering the trades unions, and regulation and red tape will tie business even further up in knots that it is already, all of this from a man who is an unrepentant admirer of Hugo Chavez. There is likely to be a collapse in fdi, capital will head for the exits, and currency collapse will quickly follow. As Martin Wolf, no right winger, has written, should the banks then be prevented from raising interest rates, inflation would take off, exchange controls will be imposed, and the UK 'will drop out of the club of advanced democracies'.
 
eternumviti said:
There is likely to be a collapse in fdi, capital will head for the exits, and currency collapse will quicly follow. As Martin Wolf, no right winger, has written, should the banks then be prevented from raising interest rates, inflation would take off, exchange controls will be imposed, and the UK 'will drop out of the club of advanced democracies'.
Click to expand...

That`s all going to happen because of Brexit surely? - nothing to do with a Labour government that won`t come to pass anyway.
 
guest said:
I see JC pulled out of two interviews this week following the Reid interview.

Can't say I blame him.


<<<
Corbyn to dodge TV debates after disastrous BBC interview
Jeremy Corbyn has decided not to take part in two television debates this week, it has emerged, in the wake of his disastrous interview with Andrew Neil on BBC One. Sky News was forced to cancel a leaders' debate today after Mr Corbyn refused to sign up to the programme, and a seven-way debate between party leaders on the BBC on Friday night will feature Rebecca Long-Bailey, the shadow business secretary, in Mr Corbyn's place. >>>
Click to expand...

Plus I reckon the polls will be deflating Corbyn.

If you watched him yesterday, Barry Gardiner was sharp enough to give it back to Andrew Neil. Jeremy 'Can I finish?' Corbyn isn't.
 
With apologies to Denis Healey, being 'given it back' by Barry Gardiner must be akin to being savaged by a dead sheep.
 
eternumviti said:
The Scandy countries run market economies with private ownership of companies and social democratic models as regards funding of health, education and so on. They are not 'socialist' per se. Their populations and economies are a fraction of the size of ours. It is very easy to draw facile comparisons, of course, but we are very different creatures.



Nationalisation will involve taking the railways, mail, water and energy utilities into state ownership at knock-down prices, which together with a raid of 10% of company shares equates to sequestration of private and corporate assets, will involve eye-watering levels of government borrowing, a collapse in competition and therefore efficiency and productivity, increases in corporation tax from 19% to 27%, increases in income tax, massive increases in capital tax, re-empowering the trades unions, and regulation and red tape will tie business even further up in knots that it is already, all of this from a man who is an unrepentant admirer of Hugo Chavez. There is likely to be a collapse in fdi, capital will head for the exits, and currency collapse will quickly follow. As Martin Wolf, no right winger, has written, should the banks then be prevented from raising interest rates, inflation would take off, exchange controls will be imposed, and the UK 'will drop out of the club of advanced democracies'.
Click to expand...

Sounds good to me. The poor will be ring fenced (not literally) and should reduce our carbon footprint massively.

Oh, and as mentioned, Brexit does all that anyway.
 
Seanm said:
Sample size doesn't really matter when the choices made by so few, at a time when intentions are changing so rapidly, can have such a dramatic affect on the result.

I'm not slagging off the poll, by the way. It's just that it's not designed to predict the result of the election.
Click to expand...
Sample size really does matter. Most polls are around 1000 people. 100,000 is very significant. If it is a representative sample then it is a very strong.
 
Alex S said:
Sounds good to me. The poor will be ring fenced (not literally) and should reduce our carbon footprint massively.

Oh, and as mentioned, Brexit does all that anyway.
Click to expand...

The poor would be ring-fenced? What with? A fecked economy won't ring-fence anyone.

And what tf, carbon footprint? Fecking the economy so that 1.2% of global carbon output is reduced to 1.1% of global carbon output? Famous. You are the Chancellor of the Exchequer.

Business and the City reckon that a clean brexit would cause short-term upheaval but that the boat would rapidly right itself. Sterling would initially be hit. Corbyn/Momentum would tear up the rules of a the liberal free market economy and bin it. The currency, bonds and equities would head south and stay there, but it might be a slower burn.
 
eternumviti said:
The Scandy countries run market economies with private ownership of companies and social democratic models as regards funding of health, education and so on. They are not 'socialist' per se. Their populations and economies are a fraction of the size of ours. It is very easy to draw facile comparisons, of course, but we are very different creatures.



Nationalisation will involve taking the railways, mail, water and energy utilities into state ownership at knock-down prices, which together with a raid of 10% of company shares equates to sequestration of private and corporate assets, will involve eye-watering levels of government borrowing, a collapse in competition and therefore efficiency and productivity, increases in corporation tax from 19% to 27%, increases in income tax, massive increases in capital tax, re-empowering the trades unions, and regulation and red tape will tie business even further up in knots that it is already, all of this from a man who is an unrepentant admirer of Hugo Chavez. There is likely to be a collapse in fdi, capital will head for the exits, and currency collapse will quickly follow. As Martin Wolf, no right winger, has written, should the banks then be prevented from raising interest rates, inflation would take off, exchange controls will be imposed, and the UK 'will drop out of the club of advanced democracies'.
Click to expand...

The railways were nationalised and then sold off at not good value prices by George Young yet no complaints were raised that a British state asset had been ripped off !

I have no doubt that others will say otherwise because I do not use the railway on a regular basis but I am not convinced that privatisation has produced improvements.

Also troubled with your view that we are an advanced democracy...who told you that?
 
eternumviti said:
The poor would be ring-fenced? What with? A fecked economy won't ring-fence anyone.

And what tf, carbon footprint? Fecking the economy so that 1.2% of global carbon output is reduced to 1.1% of global carbon output? Famous. You are the Chancellor of the Exchequer.

Business and the City reckon that a clean brexit would cause short-term upheaval but that the boat would rapidly right itself. Sterling would initially be hit. Corbyn/Momentum would tear up the rules of a the liberal free market economy and bin it. The currency, bonds and equities would head south and stay there, but it might be a slower burn.
Click to expand...

Yep, all still good.
 
Woodface said:
Sample size really does matter. Most polls are around 1000 people. 100,000 is very significant. If it is a representative sample then it is a very strong.
Click to expand...
It might be strongly representative but it's not predictive. That's not what it's for.
 
Status
Not open for further replies.


advertisement


Back
Top