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Old 14-03-2018, 03:21 PM #1
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Default The second 'great depression'

In 2010 osborne touted austerity as a 5yr fix for the economy, now hammond is projecting it won't end till 2025!

We are in the grip of the 2nd great depression but as pointed out it is not an economic necessity it's a political strategy.

So the question is, by shrinking the state is this achieved by cutting off the lifelines for those most in need, if yes could this be considered eugenics?


http://www.independent.co.uk/news/bu...-a8255756.html
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Old 14-03-2018, 06:04 PM #2
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So homelessness has doubled since 2010 and they are going to let it continue. Its taken a decade for people to wake up and realize they are being robbed. Whilst some are still happy to remain oblivious and believe its all for the greater good, the general feeling about austerity isn't good.
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Old 14-03-2018, 06:09 PM #3
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So homelessness has doubled since 2010 and they are going to let it continue. Its taken a decade for people to wake up and realize they are being robbed. Whilst some are still happy to remain oblivious and believe its all for the greater good, the general feeling about austerity isn't good.

All Over the Whole World
not just the UK.
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Old 14-03-2018, 06:08 PM #4
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5 May 2022
is the next official date of the General Election
of course that date could change,
but 2025 - who will be in power?
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Old 14-03-2018, 06:09 PM #5
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5 May 2022
is the next official date of the General Election
of course that date could change,
but 2025 - who will be in power?
The way things are going - Vladimir Putin.
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Old 14-03-2018, 06:10 PM #6
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The way things are going - Vladimir Putin.

Well Kirk
that would be Fun.


My bunker would be busy
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Old 15-03-2018, 08:55 AM #7
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The way things are going - Vladimir Putin.



kirky baby - if we all rally on TIBB we are a force that can take on putin - you don't min d being at front of our army kirky baby ? I have to go last to make sure no one is left behind.


come on lets all pull together -
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Old 14-03-2018, 06:22 PM #8
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Not surprised homelessness has risen considering the amount of new citizens we are allowing in.
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Old 14-03-2018, 07:11 PM #9
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Not surprised homelessness has risen considering the amount of new citizens we are allowing in.
Not forgetting us older beggars just wont pop off.
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Old 14-03-2018, 07:22 PM #10
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Not surprised homelessness has risen considering the amount of new citizens we are allowing in.

Exactly this ,I sometimes think some people think the powers that be can just click there fingers and solve these problems,it's like trying to put 2 litres into a one litre jug.Loads of people here aswell that shouldn't be,
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Old 14-03-2018, 08:05 PM #11
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Recessions have a habit of reversing themselves without austerity. The big depression of 1930 recovered quickly without austerity and it achieved that by growth, not cuts.

The governments of this country have been successfully running an over-drought since the late sixteen hundreds. Deficits (not the same as debt) are good because they allow spending and because spending comes before tax (something the general papers don't seem to get) collected taxes will eventually cancel that debt. If they don't collect enough taxes its not a problem because the government have the ability to cancel their own debt (MP John Redwood http://johnredwoodsdiary.com/2018/03...twin-deficits/)

Our economy is deflated enough. Its time for growth because if we continue saving and continue to stifle growth we will shrink further and as a nation, I don't believe we can afford to shrink much more.
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Old 14-03-2018, 08:08 PM #12
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Quote:
Originally Posted by Kazanne View Post
Exactly this ,I sometimes think some people think the powers that be can just click there fingers and solve these problems,it's like trying to put 2 litres into a one litre jug.Loads of people here aswell that shouldn't be,
Nobody is suggesting anyone clicks their fingers! So you think continued austerity is something to do with 'loads of people here that shouldn't be'?
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Old 14-03-2018, 08:17 PM #13
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Nobody is suggesting anyone clicks their fingers! So you think continued austerity is something to do with 'loads of people here that shouldn't be'?
We aren’t responsible for those loads of people here that shouldn’t be so why should we be providing for them?
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Old 14-03-2018, 08:29 PM #14
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We aren’t responsible for those loads of people here that shouldn’t be so why should we be providing for them?
Yes okay but what does this have to do with austerity?
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Old 15-03-2018, 09:21 AM #15
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Not surprised homelessness has risen considering the amount of new citizens we are allowing in.
And the same reason for NHS to be on its arse !
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Old 15-03-2018, 01:02 AM #16
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Wow, anything and everything somehow will always be pointed back at the pesky immigrants.
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Old 15-03-2018, 03:08 AM #17
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I do not understand this thread??? We are NOWHERE remotely near THE 'Great Depression'
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Old 15-03-2018, 08:42 AM #18
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Quote:
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I do not understand this thread??? We are NOWHERE remotely near THE 'Great Depression'

What I actually said was, the way to climb out of a depression and stagnation (created by the 2008 crisis not immigration) is by stimulating growth. After the world crash our national debt soured to 87% of GDP. After WW2 it stood at 243%. One of the first things Clement Attlee did was build the NHS.

A recession is not a time to start putting money in the piggy bank and making cuts that cripple future Growth. This isn't home economics, its a government that owes its debt to The Bank of England of which it owns. In other words, the Ł453 billion it borrowed to help pay off the debt was borrowed from itself and therefore could of been written off.

Instead it chose massive cuts on its nation and those cuts have created further economic stagnation.
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Old 17-03-2018, 03:56 AM #19
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Quote:
Originally Posted by DemolitionRed View Post
What I actually said was, the way to climb out of a depression and stagnation (created by the 2008 crisis not immigration) is by stimulating growth. After the world crash our national debt soured to 87% of GDP. After WW2 it stood at 243%. One of the first things Clement Attlee did was build the NHS.

A recession is not a time to start putting money in the piggy bank and making cuts that cripple future Growth. This isn't home economics, its a government that owes its debt to The Bank of England of which it owns. In other words, the Ł453 billion it borrowed to help pay off the debt was borrowed from itself and therefore could of been written off.

Instead it chose massive cuts on its nation and those cuts have created further economic stagnation.
I have NOT referred to you or your posts in this thread???
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Old 15-03-2018, 09:43 AM #20
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I do not understand this thread??? We are NOWHERE remotely near THE 'Great Depression'
Not even close the the 1970s even.
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Old 15-03-2018, 10:17 AM #21
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Quote:
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Not even close the the 1970s even.
Its an odd thing. I said
Quote:
Recessions have a habit of reversing themselves without austerity. The big depression of 1930 recovered quickly without austerity and it achieved that by growth, not cuts.
Kirk then quoted me and said
Quote:
We are NOWHERE remotely near THE 'Great Depression'
which was an odd thing to say as it had absolutely nothing to do with what I said.

You then agree with him which means you either didn't read what I said or just want to tag team.

All you lot are trying to do is kill a debate with glib sarcasms that have nothing to do with what this thread is about.
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Old 15-03-2018, 10:50 AM #22
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Quote:
Originally Posted by DemolitionRed View Post
Its an odd thing. I said

Kirk then quoted me and said

which was an odd thing to say as it had absolutely nothing to do with what I said.

You then agree with him which means you either didn't read what I said or just want to tag team.

All you lot are trying to do is kill a debate with glib sarcasms that have nothing to do with what this thread is about.
This part of “all you lot” was answering in a quote, from Kirk, he had stated that what we are experiencing now is nothing like the Great Depression.
I stated that it was also nothing like the 1970s.
Quite simple, debating, not tag teaming or anything else you care to call it.
The thread title is about the Great Depression, and its second coming, so of course what we both said has everything to do with what the thread is about.
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Old 15-03-2018, 12:29 PM #23
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Quote:
Originally Posted by DemolitionRed View Post
Its an odd thing. I said

Kirk then quoted me and said

which was an odd thing to say as it had absolutely nothing to do with what I said.

You then agree with him which means you either didn't read what I said or just want to tag team.

All you lot are trying to do is kill a debate with glib sarcasms that have nothing to do with what this thread is about.
I can't see where you were quoted DM?
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Old 17-03-2018, 03:58 AM #24
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Quote:
Originally Posted by DemolitionRed View Post
Its an odd thing. I said

Kirk then quoted me and said

which was an odd thing to say as it had absolutely nothing to do with what I said.

You then agree with him which means you either didn't read what I said or just want to tag team.

All you lot are trying to do is kill a debate with glib sarcasms that have nothing to do with what this thread is about.
I have NOT quoted you on this thread?????
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Old 15-03-2018, 12:49 PM #25
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Ahhhhhh.... Yes. I understand now.
If you don't want to be part of the discussion then don't, had you chosen to read the linked article and the information contained you might understand better where I'm coming from, you quite obviously haven't which is why you've chosen to insult me personally instead.

I will report any further mockery/trolling.
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