Nah, surely not? How could that be when there is no Plan B, because Plan A is faultless?
So Plan A++ is that David Cameron sits in on discussions about how to solve the €uro crisis, and given that his record on solving economic crises is so unflawed, everyone except that ungrateful little Napoleon blokey (who's only crabby because the baby keeps him up at night) should be delighted. Right?
And when he's sorted the €uro, maybe he'd like to visit Washington where Ben Bernane's got a few problems; then China, with a rate of growth which has slowed to 9%. Doubtless a few lessons in Cameronics would have their economy looking like new pin.
What is it with these British prime ministers that they need to save the world, when they can't even save the UK?
Two of these brilliant minds were not elected to be PM. The other was a con merchant. Possible clues, here methinks!
ReplyDelete"Initial explanations were that it was all the fault of the last Labour government, and now it's all the fault of the €uro Zone."
ReplyDeleteYou don't cut public spending, government-led investment in the economy and sack millions of public sector workers when:
a) consumer confidence is at a new low (back to 2008 levels of confidence, according to the Guardian)
b) banks aren't lending
c)individual & household debt is enormous
Under these circumstances, a plan to introduce coalition cuts is mad, bad and dangerous.
It could be that they are all just crap, OR!
ReplyDeleteAye, tell Georgie Porgie that, Dean.
ReplyDeleteHe's painted himself into a corner, with the "No Plan B" garbage that he came out with.
Why do politicians do that?
He'll have to start lying soon. "No it's not Plan B. Plan A was always to re-employ people after having made them redundant, and to boost public spending," he will say.
The idiotic thing is that we are creating £75 billion and giving it to the banks, to stimulate the economy. The banks will of course pay themselves bigger bonuses, give their shareholders better dividends, and not lend a halfpenny more.
They did it last time; they will do it again.
"he idiotic thing is that we are creating £75 billion and giving it to the banks, to stimulate the economy. The banks will of course pay themselves bigger bonuses, give their shareholders better dividends, and not lend a halfpenny more"
ReplyDeleteSo let us ensure they behave properly, and get taxpayers investment in the banks (i.e bailing them out) back -- SUPPORT THE EU transaction tax!
Gods knows, only at a transnational level can we really enforce a PROPER regulatory regime on these monsters of inequality.
Banks are not going to lend to businesses as the returns are far to risky they will only lend to each other and governments knowing that governments will continually bail them out.
ReplyDeleteGrowth through Austerity – An Irish update.
Ahhhhh Dean, but that would remove London's competitive edge, and that would mean that they wouldn't make so much money so they would all go to New York or Delhi, Hong Kong or Bahrain.
ReplyDeleteFrakly I'd be telling them to not let the door hit them in the butt on the way out... but there... what do I know?
Exactly CH, so why is the BoE giving them £75b?
ReplyDeleteDean
ReplyDeleteWelcome to the lighter side of the universe
Please continue your journey
RandomScot
It's good to see Dean rethinking some of his beliefs, Anonymous.
ReplyDeleteThat's what happens in life, at least to people who think.
The banks are just creating mre and more toxic derivatives every day by gambling on the Stock Exchange and passing their huge losses on to the tax-payers.
ReplyDeleteThat is what they will be doing with this money also. It is all just a matter of time before this huge ponzi scheme comes crashing down bringing our bankrupt countries with it.
Most of these politicians do not know what is going on and the ones that do are in the pocket of the bankers and elite that are behind all of this. That is why none of these poliical party leaders want a referendum on Europe because they are doing the bidding of their masters who want a one world government without anyone voting for or against it. What they want they get - voting for any of these parties is a waste of time because they do not serve the people but only the bankers and elite who hold the real power.
It's all a bit scary Billy...
ReplyDeleteI am not Anonymous, I am Randomscot, I signed myself and everything
ReplyDeleteI'm sorry Randomscot. I meant no slight.
ReplyDeleteI just missed your signature.
BTW, I think it is possible to use a name in your posting without having to take a profile.