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politicalbetting.com » Blog Archive » This week’s PB/Polling Matters podcast featuring Margaret That

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    Somehow, when we hear TSE + big coat, most of us are thinking Macklemore, not Hardy Northerner....
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    NEW THREAD

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    FrancisUrquhartFrancisUrquhart Posts: 77,802
    edited February 2017
    TudorRose said:
    Naahhh, remember SeanT these days is proudly supporting Labourite students with their errrh "studies"...
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    isamisam Posts: 41,118
    Sandpit said:

    dixiedean said:

    Sandpit said:

    Anyone not in Copeland by now isn't going to make it. Thelwall Viaduct on M6 now closed to all traffic due to winds, all intercity trans from Euston delayed and Manchester airport effectively closed.

    Unless, of course, they aren't coming from the south. Not everybody does, you know.
    A lot of the activists and certainly most of the political journalists would have been coming from London though. Trying hard to think who benefits most from lower than expected turnout. Not UKIP is the best answer I have so far.
    Ukip have been bussing people up to Stoke from London all week, returning tomorrow morning
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    NickPalmerNickPalmer Posts: 21,397
    PlatoSaid said:

    We rarely cover Australian politics

    Tomorrow's @theheraldsun front page tonight ... listen to secret dons tape now at https://t.co/59TlRORY0v https://t.co/eCG2JiLNzO

    It's about Australiasn football, not politics, no?
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    SandpitSandpit Posts: 50,761
    edited February 2017
    isam said:

    Sandpit said:

    dixiedean said:

    Sandpit said:

    Anyone not in Copeland by now isn't going to make it. Thelwall Viaduct on M6 now closed to all traffic due to winds, all intercity trans from Euston delayed and Manchester airport effectively closed.

    Unless, of course, they aren't coming from the south. Not everybody does, you know.
    A lot of the activists and certainly most of the political journalists would have been coming from London though. Trying hard to think who benefits most from lower than expected turnout. Not UKIP is the best answer I have so far.
    Ukip have been bussing people up to Stoke from London all week, returning tomorrow morning
    That's useful, so if they're staying there they won't be disrupted. Might even be in their favour if Lab's GOTV team are all still stuck at Euston station.
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    NickPalmerNickPalmer Posts: 21,397
    kle4 said:

    Sandpit said:

    dixiedean said:

    Sandpit said:

    Anyone not in Copeland by now isn't going to make it. Thelwall Viaduct on M6 now closed to all traffic due to winds, all intercity trans from Euston delayed and Manchester airport effectively closed.

    Unless, of course, they aren't coming from the south. Not everybody does, you know.
    A lot of the activists and certainly most of the political journalists would have been coming from London though. Trying hard to think who benefits most from lower than expected turnout. Not UKIP is the best answer I have so far.
    Surely Labour must have the most support martialled in the areas, and more able to come from the north?
    Haven't gone myself (boo hiss, but had 5-hour drive yesterday), but not too awful in Nottingham - fairly brisk wind, meh.
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    China is already transitioning to a middle income country. The economic shock of China integrating into the Global economy is already starting to dissipate. Wages in China have been increasing rapidly for quite some time. Many industries suffer from wage inflation of above 20% and massive employee turnover. Some have coped by moving to cheaper interior cities or offshoring to cheaper countries in SE Asia or increasingly automating.

    In Europe we have small economies where external trade is vitally important for growth. In the large continental countries the size of their own internal market is more important and foreign trade is much less important to overall health of the economy. Foreign exports for China to leverage in growth and technology into it's domestic market. But as it has grown richer it's domestic consumer market has become much more important in sustaining growth.

    Certain development economists note that as a country gets richer then different levels of consumer goods become mass market items and often kick start domestic industries in those sectors. This point often sees a sudden massive growth in sales and population absorbation rates changing from low ten of percent to near 100% often in a decade or two.


    So at low level people start buying detergents and processed food items. White goods such as the first fridge and air conditioner, then mopeds,mobile phones etc. Then people start being able buy/build there own homes and cars.

    There already over 100 million people in China with a Southern European standing of living. there are parts of East coast metro areas where the average person (in ppp terms)is richer than some one in Sheffield.

    Give it another decade or so, and China will be just a big part of a much richer world.

    The deflationary impact on goods and wages in the West will be over.
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    Now there will be other countries coming up and joining the global economy ,but they will be much smaller and doing so at different speeds. Nigeria and Indonesia will not have the same effect.

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    llefllef Posts: 298
    See that Germany posted another budget surplus last year of 23.7bn EUR (0.8% of GDP).

    You wold have thought they could cut Greece a bit more slack now, in the spirit of "European solidarity" if nothign else...
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    theakestheakes Posts: 855
    The weather in Staffordshire is very, very windy, the further north in the county the worst it gets. Dangerous on the moorland roads.
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    NickPalmerNickPalmer Posts: 21,397


    Give it another decade or so, and China will be just a big part of a much richer world.

    The deflationary impact on goods and wages in the West will be over.

    Agree with all of that. But the other Asian economies are further back on the curve, so I'd expect India, Vietnam, Thailand, Indonesia etc. to follow the smae pattern, giving a further period of jobs going east and low prices/deflation coming west for 20-30 years.
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    NickPalmerNickPalmer Posts: 21,397
    Sandpit said:

    isam said:

    Sandpit said:

    dixiedean said:

    Sandpit said:

    Anyone not in Copeland by now isn't going to make it. Thelwall Viaduct on M6 now closed to all traffic due to winds, all intercity trans from Euston delayed and Manchester airport effectively closed.

    Unless, of course, they aren't coming from the south. Not everybody does, you know.
    A lot of the activists and certainly most of the political journalists would have been coming from London though. Trying hard to think who benefits most from lower than expected turnout. Not UKIP is the best answer I have so far.
    Ukip have been bussing people up to Stoke from London all week, returning tomorrow morning
    That's useful, so if they're staying there they won't be disrupted. Might even be in their favour if Lab's GOTV team are all still stuck at Euston station.
    Lab teams were coming in to Stoke from all points of the compass, some very close. In Copeland, not so much.
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    Give it another decade or so, and China will be just a big part of a much richer world.

    The deflationary impact on goods and wages in the West will be over.

    Agree with all of that. But the other Asian economies are further back on the curve, so I'd expect India, Vietnam, Thailand, Indonesia etc. to follow the smae pattern, giving a further period of jobs going east and low prices/deflation coming west for 20-30 years.
    They will have an impact, but no way as big a China had on the West. In the early 90's we had Western Europe, America and Parts of East Asia as the developed world. By the 2020's the size of the highly developed World will have tripled. In percentage terms those new countries wil have a much smaller effect. They will impact China and Korea as much as Belgium.

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    theakestheakes Posts: 855
    Weather has abated in Staffordshire, people going out!
This discussion has been closed.