The end of the EU

[new_trader]

😆 Well, they could always do a Cyprus - you'd better keep your trading profits tucked up under the bed.

Yes Jon, you keep that lovely fiat money tucked under your bed where the Government can't debase it 😆😆😆

 

[Purple Brain]

That is a cost to the customer, because they are the employer.

Yes, that's correct. I thought that's what you asked me. If I've misunderstood you, which seems likely, could you elaborate the point you were trying to make. Thanks.

By the way, I have no argument with your assertion that it would make sense to have a Chinese gold speculator working for you given the example data you provided, the arithmetic is flawless. As was borne out by a recent case of a US call centre worker farming out his job for 60% of his income to someone in Asia. He could live well enough on the 40% remaining and sat around all day on Facebook and looking at pictures of cats (I kid you not) until his employer found out. Seems they were more angry about his posting his RSA key and password overseas than dereliction of duties at home.

 

[barjon]

Yes Jon, you keep that lovely fiat money tucked under your bed where the Government can't debase it 😆😆😆

no, i got it in bullion - i have been listening you know 😆

 

[counter_violent]

By the way, I have no argument with your assertion that it would make sense to have a Chinese gold speculator working for you given the example data you provided, the arithmetic is flawless. As was borne out by a recent case of a US call centre worker farming out his job for 60% of his income to someone in Asia. He could live well enough on the 40% remaining and sat around all day on Facebook and looking at pictures of cats (I kid you not) until his employer found out. Seems they were more angry about his posting his RSA key and password overseas than dereliction of duties at home.

😆 Brilliant.

 

[new_trader]

the arithmetic is flawless.

Thanks Connie Brown, I take pride in me 'rithmetic!👍

 

[Atilla]

Of course we remember it😆

I was starting work in the mid 70's and distinctly remember the power cuts and sugar rationing and all the other nonsense that was going on previously.
Remember thinking that all the politics and unionism was nonsense too.
Didn't have to wait too much longer for all that to end. When Thatcher got in, it was like a breath of fresh air for anyone who got "on message". She was basically saying that for anyone who wanted to get on and make a go of it, then govt would not step in the way. I took full advantage of the new mood. Others mind, just carried on the same as before, whinging about this and that, and got left by the wayside.

It should not be the responsibility of govt to provide everything for the people from cradle to grave. Govt should just gtf out of it and leave people to get on with things.

Decline of the British Empire started well before the 1970s. More like 1850s +

Think railroads, shipbuilding and textiles. Decline of all three industries had very little or nothing to do with labour laws which did not exist back then.

Victorian era was the height of bloody minded arrogance and free for all take everything. Some people still believe the charge of the light brigade was a victory proving cavalry alone could take out gun placements.

I'm amazed that this banking fiasco - as a consequence of emulating the American free market model is perceived as such a big issue in perspective to the WWars and great depression etc.

Lack of good investment and management. Leaders management set the trends and labour follows. We've gone through trade union power abuse to management bonus, numeration and risk abuse and we can all see where the greater wreckage lies.

That patriotic Maggie twit sold BL short for 500m subsidy whilst allowing the police to import BMW bikes and cars to take their place. I'm absolutely shocked and stunned by the wreckless, ill thought out daft interpretation of economic history.

No one mentions the oil shock, prices going up and lack of strategic planning or decent management.

Invest billions in Concorde (sold all of about 8 planes; 4 to UK and 4 to France) and starve BL of funds whilst Japanese invest in new models, plants and processes.

I've spent my studies on the economics of Milton.F and disastrous policies of Mrs.T

Yes the trade unions were required to be dealt with but a much better model existed for TU and Banking in Germany. Monumental stuck up management and flag waving is what we have in the UK.


Where's the bucket 🤢


PS. EU is not at the end road. Just on a revision course for the better. We'd do well to follow and adhere to the Germans imho.

 

[neil]

Decline of the British Empire started well before the 1970s. More like 1850s +

Think railroads, shipbuilding and textiles. Decline of all three industries had very little or nothing to do with labour laws which did not exist back then.

Victorian era was the height of bloody minded arrogance and free for all take everything. Some people still believe the charge of the light brigade was a victory proving cavalry alone could take out gun placements.

I'm amazed that this banking fiasco - as a consequence of emulating the American free market model is perceived as such a big issue in perspective to the WWars and great depression etc.

Lack of good investment and management. Leaders management set the trends and labour follows. We've gone through trade union power abuse to management bonus, numeration and risk abuse and we can all see where the greater wreckage lies.

That patriotic Maggie twit sold BL short for 500m subsidy whilst allowing the police to import BMW bikes and cars to take their place. I'm absolutely shocked and stunned by the wreckless, ill thought out daft interpretation of economic history.

No one mentions the oil shock, prices going up and lack of strategic planning or decent management.

Invest billions in Concorde (sold all of about 8 planes; 4 to UK and 4 to France) and starve BL of funds whilst Japanese invest in new models, plants and processes.

I've spent my studies on the economics of Milton.F and disastrous policies of Mrs.T

Yes the trade unions were required to be dealt with but a much better model existed for TU and Banking in Germany. Monumental stuck up management and flag waving is what we have in the UK.


Where's the bucket 🤢


PS. EU is not at the end road. Just on a revision course for the better. We'd do well to follow and adhere to the Germans imho.

Perhaps we should vote to be a German state and both leave the Euro Union and adopt the German Mark as currency. Perhaps sell the Royal Family as a franchise to the USA😆

 

[Pat494]

Perhaps we should vote to be a German state and both leave the Euro Union and adopt the German Mark as currency. Perhaps sell the Royal Family as a franchise to the USA😆

The Germans attacked us twice or have you forgotten ?
The French are behaving like tarts to Germany.It is like the Stockholm syndrome.
No surrender to the Germans here. About time we pulled togethor imho

👎

 

[counter_violent]

Decline of the British Empire started well before the 1970s. More like 1850s +

Think railroads, shipbuilding and textiles. Decline of all three industries had very little or nothing to do with labour laws which did not exist back then.

Victorian era was the height of bloody minded arrogance and free for all take everything. Some people still believe the charge of the light brigade was a victory proving cavalry alone could take out gun placements.

I'm amazed that this banking fiasco - as a consequence of emulating the American free market model is perceived as such a big issue in perspective to the WWars and great depression etc.

Lack of good investment and management. Leaders management set the trends and labour follows. We've gone through trade union power abuse to management bonus, numeration and risk abuse and we can all see where the greater wreckage lies.

That patriotic Maggie twit sold BL short for 500m subsidy whilst allowing the police to import BMW bikes and cars to take their place. I'm absolutely shocked and stunned by the wreckless, ill thought out daft interpretation of economic history.

No one mentions the oil shock, prices going up and lack of strategic planning or decent management.

Invest billions in Concorde (sold all of about 8 planes; 4 to UK and 4 to France) and starve BL of funds whilst Japanese invest in new models, plants and processes.

I've spent my studies on the economics of Milton.F and disastrous policies of Mrs.T

Yes the trade unions were required to be dealt with but a much better model existed for TU and Banking in Germany. Monumental stuck up management and flag waving is what we have in the UK.


Where's the bucket 🤢


PS. EU is not at the end road. Just on a revision course for the better. We'd do well to follow and adhere to the Germans imho.

No idea what this is all about, Certainly has nowt to do with my post.

 

[libertas]

Decline of the British Empire started well before the 1970s. More like 1850s +

Think railroads, shipbuilding and textiles. Decline of all three industries had very little or nothing to do with labour laws which did not exist back then.

Victorian era was the height of bloody minded arrogance and free for all take everything. Some people still believe the charge of the light brigade was a victory proving cavalry alone could take out gun placements.

I'm amazed that this banking fiasco - as a consequence of emulating the American free market model is perceived as such a big issue in perspective to the WWars and great depression etc.

Lack of good investment and management. Leaders management set the trends and labour follows. We've gone through trade union power abuse to management bonus, numeration and risk abuse and we can all see where the greater wreckage lies.

That patriotic Maggie twit sold BL short for 500m subsidy whilst allowing the police to import BMW bikes and cars to take their place. I'm absolutely shocked and stunned by the wreckless, ill thought out daft interpretation of economic history.

No one mentions the oil shock, prices going up and lack of strategic planning or decent management.

Invest billions in Concorde (sold all of about 8 planes; 4 to UK and 4 to France) and starve BL of funds whilst Japanese invest in new models, plants and processes.

I've spent my studies on the economics of Milton.F and disastrous policies of Mrs.T

Yes the trade unions were required to be dealt with but a much better model existed for TU and Banking in Germany. Monumental stuck up management and flag waving is what we have in the UK.


Where's the bucket 🤢


PS. EU is not at the end road. Just on a revision course for the better. We'd do well to follow and adhere to the Germans imho.

I can't understand why you frequent these boards when you are so anti free- market Atilla. Trading couldn't be more opposite to the socialist ideals you talk about. It is survival of the fittest in the extreme. There is no one in the markets to hold your hand or bail you out when you are wrong (unless you are 'too big to fail' of course 🙄). It really is a brutal environment for the unprepared and ignorant.

 

[Atilla]

No idea what this is all about, Certainly has nowt to do with my post.

I think it was Mrs T being a breath of fresh air. She did absolutely nothing to reverse the trend but accelerated the decline.

Can't stand her. 😡

Her policies and the big mess subsequently that has ensued as a result of her policies.

She continued to interfere with her anti-european policies by sacking Nigel Lawson and getting Norman Lamont in - who then cost us £7.5bn trying to keep the pound on par with the DM @ 2.95. Denied Heseltine & Howe leadership and got Major in - her poodle. Plagued the Tories with internal European wrangling for the next 10 years and three terms of Blair another twit.

Everything she did has turned out to cost the UK dearly in the last 30 years. We will I fear continue to pay the price unless daft policies reversed.

Even the basic planning, building and the extending of the M25 was a costly fiasco. Ooops, 4 lanes did you say, I could have sworn I only heard you say three all the way.


Queen Victoria's was half German and Prince Albert her first cousin also of European descent. Prince Albert was also very efficient at running the Victoria's realm with much good work despite being derided by many as being not quite British enough. Queen Victoria's mother tongue was German and English was her second language.

It was sheer bloody mindedness and arrogance going to war with Germany over colonialism and domination over world resources. The two countries should have united back then and similarly cooperate now. :idea:

 

[Atilla]

I can't understand why you frequent these boards when you are so anti free- market Atilla. Trading couldn't be more opposite to the socialist ideals you talk about. It is survival of the fittest in the extreme. There is no one in the markets to hold your hand or bail you out when you are wrong (unless you are 'too big to fail' of course 🙄). It really is a brutal environment for the unprepared and ignorant.

Some industries are strategic and need protecting.

We need balance and common sense.

French are still producing high speed engines and railway stock + cars.

I mentioned before we need to keep up with our peers. Observe what they are doing and do it better as the Japanese have.

The competition needs to fear us. We do not throw the towel in.

Every aspect of life, business and industry at some point needs a little helping hand.

People throw about this "FREE MARKET" term as if they are some form of highly gifted intelligent bodies who have grasped the holy grail.

It is good in theory but obviously fails miserably in practice.

 

[counter_violent]

Some industries are strategic and need protecting.

We need balance and common sense.

French are still producing high speed engines and railway stock + cars.

I mentioned before we need to keep up with our peers. Observe what they are doing and do it better as the Japanese have.

The competition needs to fear us. We do not throw the towel in.

Every aspect of life, business and industry at some point needs a little helping hand.

People throw about this "FREE MARKET" term as if they are some form of highly gifted intelligent bodies who have grasped the holy grail.

It is good in theory but obviously fails miserably in practice.

FFS man.

None of the western countries is or has been operating under free market principles for donkeys yrs.

If you want evidence that it does work and without interference then look east.

Try Hong Kong !

 

[libertas]

People throw about this "FREE MARKET" term as if they are some form of highly gifted intelligent bodies who have grasped the holy grail.

It is good in theory but obviously fails miserably in practice.

I don't want to take this thread too far off topic but can you point me to any market that has actually been completely 'free' in the whole of recorded history?
I have yet to find one which was truly 'free'.

 

[libertas]

FFS man.

None of the western countries is or has been operating under free market principles for donkeys yrs.

If you want evidence that it does work and without interference then look east.

Try Hong Kong !

No coincidence that the rise of China really accelerated when Hong Kong was returned to their hands. :idea:

 

[new_trader]

as if they are some form of highly gifted intelligent bodies who have grasped the holy grail.

Socialism (Central Planning) is precisely that and just look how well it worked out for the U.S.S.R...remember them? 🙄🙄

 

[libertas]

Socialism (Central Planning) is precisely that and just look how well it worked out for the U.S.S.R...remember them? 🙄🙄

North Korea, Cuba, etc. Spot a pattern? 😆

 

[Atilla]

So you guys are barking about something that you have sniffed but never tasted?

😆 Good one!

So why has this fabulously stupendous system as you prescribe never been sampled to your satisfaction???

 

[new_trader]

Joseph Solerno answers this LOGICALLY by dissecting each system (Capitalism Vs Socialism). He talks about profit motive, incentive, economic calculation, prices, and allocation of resources. There hasn’t been a fully free-market economy in existence simply because that would almost make Governments obsolete. Governments don’t want to be obsolete, so they interfere in certain aspects of the market because their motive is to win votes, not make a profit. Anyone with half a brain can see that all the other parts of the economy that the Government doesn’t interfere with operate far more efficiently as a free-market.

Calculation and Socialism | Joseph T. Salerno

Calculation and Socialism | Joseph T. Salerno - YouTube

 

[Pat494]

A major problem of free markets is that a few are very rich and then there is a huge gap down to the majority who are very poor. Markets have no feelings of sympathy etc. It takes good Govt. to redistribute the wealth fairly enough to prevent revolution.