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We should blates bail 'em out and enlarge the UK. Right? Who's with me!?
Ended in thousands dead and U2.
NO THANKS SIR
could easily have kept the Irish economy afloat.
The Irish OWN eurovision.
or build a strong banking sector like iceland
i like this whole comparing things to other countries thing thats in fashion in politics atm its real fun
i dont remember him saying norway ever
privately run banking fscked up the former two innit. nowt of substance to suggest that that would be the automatic state of play had scotland been running it's own affairs. coulda gone either way i guess. woulda depended on regulation and prudence an ting.
no wonder you dont hear about it any more
i liked when big eck compared scotland to the basque country recently
i used to see alex salmon leave a taxi w/ the meter running outside the old scottish govt offices for 2-3hrs at a time
i wonder if it was on expenses
still gonna push for a referendum that the other parties are gonna turn their back on though, afaik.
didn't see the basque thing. sounds like it's in accordance with the interests of the 'Greens-EFA' EU parliamentary grouping thet they're part of, so there's some logic to it, i guess.
alex blates scoffs too much food. a bit too much of that was probs on expenses.
alex salmon was unusually rattled and unconvincing when paxman was grilling him about why they werent gonna have a referendum before the next election a couple of weeks back
theres also an interesting parallel w/ the basque country in terms of a rural minority thats pro independence and a significant urban majority that are indifferent to or against it which i thought was p good but i guess thats a whole diff kettle of fish
you're as determined as the columnist chap in the Herald who used to somehow crowbar Irn Broon in, when mentioning Gordo, every. single. time.
sir, I salute your courage, your strength, and your indefatigability.
i don't always use it, but i might start to, seeing as it seems to rile some people so much for some reason.
you can't really get snarky with him for that when you're just as bad.
i enjoyed the wzas responses and talking about paxman grilling alex salmon a lot tho thanks guys
a bit o banter. i thought the galloway salute was sufficiently ott as to signpost it. must've missed the target.
gutted i missed that salmon/grilling quip.
seems to be that there's a reluctance to waste parliamentary time on something that is not gonna get the go-ahead from enough MSPs. wendy alexander said bring it on, but soon got reined in. why the indecision? AS would say that the only reason for not going for it is that they're afraid of getting the wrong answer (see also: hanging & europe). that's not the only reason for not having one, of course, but I've only ever seen opposition flounder when AS has taken that line.
this is getting more serious than it shouldda. hometime.
they are fucked yeah? shouldn't have joined the euro really innit
There was some mental banking going on, aib in particular I think.
as they are not in control of their currency. not saying joining the euro messed them up, but i think they are in a worse situation going forward now being in it than they would be if they were out of it
I THINK ( i don't really know what i'm talking about)
They have no way to deflate or devalue their currency to stimulate the economy - troublesome when all their growth was based on "It's cheap to do stuff here"
but serious in a dafty barely-politix fred
that's the kinda shit i'd fall for. i thought you were better than that.
and somebody with your user name should understand that much
i was being a bit flippant, i don't really know much about the situation.
my username derives from when i first started making music with really cheap bits of equipment, not from my immense economic knowledge
And have you met chris_is_cool?
Release the hounds
But we could still buy it up while it's going cheap. Wait for a bit, until all this finacially stuff blows over. And then punt it on to the US for a profit.
god please no.
They have some good cash reserves, I believe.
can you imagine Ireland under America? It'd probably be towed over (YANKED) and attached so that the country looked like a giant brooch from space.
To the man at the back in the funny red jacket.
on the back trade arising from his travelling salesman trip to China. And the pleas to Germany that they stop being tightwads and buy some of the shit that we've made that they already have good versions of.
Ah. Fair point.
RBS being majority owned by the UK
can we foreclose on the country and flog it to China?
You seem like the kinda guy I could go into business with.
This time next year Rodders...
It will be quite a lot of fun to see those who get so uppity and give so much stick to us second gens and ex pats come crawling to London for jobs
"Without the banks, our national debt could be stabilised in four years at a level not much worse than where France, with its triple A rating in the bond markets, is now."
I for one am fucking glad the Germans are running our banks now. At least they know what they're doing, compared to the rich bastards who only knew how to turn a quick profit.
HANG ABOUT....havent we read this somewhere before?
About the mortgage foreclosures and non payments being a further and worse pressure on the global economy......
yes I think we have......who was it now? I think it was ME
and yet people seem to still ignore my predictions even though what i predicted is all playing out as I said (although slower and with some shelves that i didnt predict.....I could not predict that it would take so long for the truth to become apparent to people/govs/banks.
it is interesting that RD actually uses the phrase '10 times more' because that was approx the overestimation of the worlds wealth (yet all schemes and plans were based on that overestimate'
Yes the banks are an intreactable problem, yet no gov has seen fit to stop them being 'indispensible to our societies life'
so its now been at least a couple of years wasted (plus some wrong tinkering that will delay the worst, but actually make the worst worse and make it more inevitable in the end)
It was obvious and entirely predictable that the banks will need to make more money to pay off loans n stuff, this coupled with job losses and with buisness loss and with wage freezes/reduction, and yet with the fuel prices increasing and food due to start rising steeply and govs not laying of the tax (in fact they will have to raise it) then it is inevitable that mortgage repayments will get more toxic and that as more foreclosures happen the banks will not even be able to get much back on the property (because it will get more and more foreclosed properties available, and what developer will want to buy them all (unless heavily discounted) this will actually start to make tha banks financial position look even worse as it is realised how much of their stuff is toxic in the emerging conditions. this will then require further bail outs/rises in mortgage and bank rates and result in them having less to lend to business.
I think that I explained all this at greater length many ti,mes before, AND that the factors all feedback negatively into all this causing a continual worsening.
There has been no attempt to be made to have say, 'a firebreak' where they let some banks die.....yes it does mean that individuals might loose savings, yes that is terrible, yes it will cause unfair hardship.......but at lease it will break the chain (as long as the chains of credit are also allowed to be broken by some banks failing)
Breaking the chains will of course put other institutions into peril and thes also need ot be able to go........in the end there may be a total banking monopoly by whatever is left standing.......but that is at least a way out of the mess (i.e. the whole developed or semi developed world must take a very long very hard hit, this will require a paradigm shift in the way that states/govs behave, so that they can maintain some order and benefit for their people......but it is far less terrible than the current behaviour where no gov can move or chose how best to move forward (they are tied cos everything they do now costs money, they have made no effort to take essentials out of the market).....oh i give up
Apparently the debt is doublin' and Dublin.
It's an Offaly bad situation.
the irish method (bailing out the banks, attacking public services) is the model for the PIGS to follow, or indeed britain or the states.
£7bn (about a grand for each Irish person - not much, really) from the UK & €50-60bn (£43-51bn) from the IMF/EU.
So ~£10k bailout per capita. Doesn't seem like that much, really.
so closer to £2000 per head.
I loved the Tory twat on Today saying how we should have only given them money if they agreed to use it pay themselves out of the Euro.
i took the wiki pop for the whole island.
didn't hear the guy on the radio, but some of the lines the anti euro brigade are coming out with are delicious.