Does ARM being bought effect our twin deficits at all even temporarily?
Presumably there will be some taxes paid by UK pension funds. Most of the money will never touch the UK though. Once the business has been offshored, I expect there will a quite massive loss of tax.
In other words, typical Toryism - a small short term gain offset by huge potential long term losses.
That's fascinating, but I'd say it's only partly economics. People can feel they're losing out demographically and in terms of their status, as well as economically. That may be less of a problem, in a fast-growing economy, where everyone can grow richer, at different rates.
But, in a slow-growing economy, gains for the rich mean losses for the rest; gains for women mean losses for men; gains for people of colour mean losses for whites. But, it's not just about incomes. It's the sense that you've gone from being a respected citizen to being a pariah, during your lifetime.
Christ on a bike. Mhairi Black questioning the safety of the transport of nuclear waste on our railways.
(Snip)
I went to a talk from a former railway worker who served his apprenticeship on the railways around Ellesmere Port in the 1970s. He told us of stories of many derailments and crashes including the one at Chester in 1972:
Given the chemical industry in that part of the country, he said he was always worried about something really bad happening - especially involving the movement of tetraethyllead.
We complain about the quality of service on our railways - today has been another shambles - but safety is one area that incredible progress has been made. The railway today is unrecognizable from the one of 40 years ago.
It's the near misses that fascinate me. There was a great one from a couple of years ago on the RAIB (the investigating body) site. A train went through a level crossing as an LPG tanker was crossing it. The forward-looking camera on the train (I think most have them now) is shown frame-by-frame.
Yes, while we have not had a passenger killed on a train since 2007, there have been plenty of near misses. The incident involving Tangmere at Wootton Bassett last year could have been horrific and would almost certainly have brought about the end of steam and possibly charter trains on the mainline network.
I think HS2 is safe. Theresa and Hammond are supposed to be in favour and Grayling made a supportative statement in radio the other day.
As for consequences of BREXIT. I've read that GM is likely to close Ellesmere Port by 2020, when the replacement model is due and likely to shift to Poland. it's considered the most vulnerable as content is only 25% British. I expect the remaining Ford engine factories are also vulnerable to shifting to the continent too. It will all depends on how much subsidy we offer I suppose.
Why would they close a plant which has just gained a cost advantage in the form of a devalued currency? The U.K. is a very important market for GM Europe; would they really risk a backlash? Same for Ford.
They might close the plant. Why not? If the business case supports it, any rational business would consider moving production in order to lower costs.
The issue with worrying about individual businesses is that large economies have to be considered statistically. If you just look at company births and deaths, even in the depths of the last recession, 235k companies were started in the UK. However, 249k companies died. In the last year that we have data (2014) there were 351k startups and 246k deaths.
We tend to focus on the big things (e.g. ARM's takeover), whereas the real economy is as much about company life cycles and millions of micro-decisions taken by businesses and consumers every day.
The ONS published a Brexit timetable today. We won't get the first inkling about Brexit impacts until 16th August. We won't get solid data across the whole economy until October.
Now the Brits have had the courage to opt for Brexit (it always seems to have to be us as prime movers), expect much more similar sentiment in other EU states over the next couple of years - especially those with elections pending.
I have no idea how reliable the Italian polls are but most of the recent ones have Renzi losing the October Referendum relating to the constitution. He has claimed he would resign if that happens.
Christ on a bike. Mhairi Black questioning the safety of the transport of nuclear waste on our railways.
(Snip)
I went to a talk from a former railway worker who served his apprenticeship on the railways around Ellesmere Port in the 1970s. He told us of stories of many derailments and crashes including the one at Chester in 1972:
Given the chemical industry in that part of the country, he said he was always worried about something really bad happening - especially involving the movement of tetraethyllead.
We complain about the quality of service on our railways - today has been another shambles - but safety is one area that incredible progress has been made. The railway today is unrecognizable from the one of 40 years ago.
It's the near misses that fascinate me. There was a great one from a couple of years ago on the RAIB (the investigating body) site. A train went through a level crossing as an LPG tanker was crossing it. The forward-looking camera on the train (I think most have them now) is shown frame-by-frame.
Thanks a lot for the link. I am in Pakistan doing a workshop on safety right now, using case studies from various industries and stressing the importance of using near misses as learning opportunities re safety. This will make a perfect case study for future workshops.
That's fascinating, but I'd say it's only partly economics. People can feel they're losing out demographically and in terms of their status, as well as economically. That may be less of a problem, in a fast-growing economy, where everyone can grow richer, at different rates.
But, in a slow-growing economy, gains for the rich mean losses for the rest; gains for women mean losses for men; gains for people of colour mean losses for whites. But, it's not just about incomes. It's the sense that you've gone from being a respected citizen to being a pariah, during your lifetime.
I take Robert's general point. People can put up with a lot if they feel that they're prospering. In most Western countries there was an unconscious and entirely understandable expectation that successive generations would be richer than their predecessors. For much of the country that expectation was clearly wrong.
That fact, combined with loss of social and cultural cohesion is central to the challenges we face.
Christ on a bike. Mhairi Black questioning the safety of the transport of nuclear waste on our railways.
(Snip)
I went to a talk from a former railway worker who served his apprenticeship on the railways around Ellesmere Port in the 1970s. He told us of stories of many derailments and crashes including the one at Chester in 1972:
Given the chemical industry in that part of the country, he said he was always worried about something really bad happening - especially involving the movement of tetraethyllead.
We complain about the quality of service on our railways - today has been another shambles - but safety is one area that incredible progress has been made. The railway today is unrecognizable from the one of 40 years ago.
It's the near misses that fascinate me. There was a great one from a couple of years ago on the RAIB (the investigating body) site. A train went through a level crossing as an LPG tanker was crossing it. The forward-looking camera on the train (I think most have them now) is shown frame-by-frame.
Thanks a lot for the link. I am in Pakistan doing a workshop on safety right now, using case studies from various industries and stressing the importance of using near misses as learning opportunities re safety. This will make a perfect case study for future workshops.
GM and Ford are the most vulnerable as they have a pan European production network. Ford did not lose any business when they closed Dagenham and Southampton and GM when they closed Luton.
Sorry. I have a few hundred posts but don't regard myself as being in esp good standing here. But I am going to rant about certain posters. Esp those Justin, Drodomary, LG etc.
How many gay posters do we have? Quite a few. So when Justin et al come along and say "oh but aren't the likes of Iran allowed to be treated the same way as us?" I say a resounding NO. They are not as good as us and don't deserve the same rights under international law (if there is such a thing) as us. That's because they would kill half the people posting on here, starting with hanging the gay ones off cranes, soon as look at us and the only thing which keeps the likes of them in check is terrifying military power.
Deep breath.
Bravo, sir, bravo. Entirely agree
Let's face it, Islam is now, in too many places, so utterly despicable, and so very aggressive, we need major weaponry to defend basic civility from its barbarities.
Aux armes
Sometime in the last couple of years, moral relativism crawled into a corner and died.
Sorry. I have a few hundred posts but don't regard myself as being in esp good standing here. But I am going to rant about certain posters. Esp those Justin, Drodomary, LG etc.
How many gay posters do we have? Quite a few. So when Justin et al come along and say "oh but aren't the likes of Iran allowed to be treated the same way as us?" I say a resounding NO. They are not as good as us and don't deserve the same rights under international law (if there is such a thing) as us. That's because they would kill half the people posting on here, starting with hanging the gay ones off cranes, soon as look at us and the only thing which keeps the likes of them in check is terrifying military power.
Deep breath.
Bravo, sir, bravo. Entirely agree
Let's face it, Islam is now, in too many places, so utterly despicable, and so very aggressive, we need major weaponry to defend basic civility from its barbarities.
Aux armes
Sometime in the last couple of years, moral relativism crawled into a corner and died.
Sorry. I have a few hundred posts but don't regard myself as being in esp good standing here. But I am going to rant about certain posters. Esp those Justin, Drodomary, LG etc.
How many gay posters do we have? Quite a few. So when Justin et al come along and say "oh but aren't the likes of Iran allowed to be treated the same way as us?" I say a resounding NO. They are not as good as us and don't deserve the same rights under international law (if there is such a thing) as us. That's because they would kill half the people posting on here, starting with hanging the gay ones off cranes, soon as look at us and the only thing which keeps the likes of them in check is terrifying military power.
Deep breath.
Bravo, sir, bravo. Entirely agree
Let's face it, Islam is now, in too many places, so utterly despicable, and so very aggressive, we need major weaponry to defend basic civility from its barbarities.
Aux armes
Sometime in the last couple of years, moral relativism crawled into a corner and died.
And not before time. A pity people had to die before the pennies finally started to drop.
DirecTV has established a channel for gavel to gavel, uninterrupted, commentator free, unblinking gaze, unbiased coverage of the RNC and the DNC. I promised myself I'd last until Trump comes out to introduce his wife Melanoma this evening. I doubt I'll make it, as its already been over 2 1/2 long hours. Oh for a talking head, news bulletin, or commercial break. It's almost as bad as the TUC Congress.
http://www.thstailwinds.com/831-2/ It's a magisterial piece from Robert. But Brexit, Trump, Le Pen etc help how ? And if/when they make it worse ? It's why some of us are " sulking " over Brexit. The mob moves on.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
http://www.thstailwinds.com/831-2/ It's a magisterial piece from Robert. But Brexit, Trump, Le Pen etc help how ? And if/when they make it worse ? It's why some of us are " sulking " over Brexit. The mob moves on.
People value the opportunity to govern themselves, especially when times are tough.
DirecTV has established a channel for gavel to gavel, uninterrupted, commentator free, unblinking gaze, unbiased coverage of the RNC and the DNC. I promised myself I'd last until Trump comes out to introduce his wife Melanoma this evening. I doubt I'll make it, as its already been over 2 1/2 long hours. Oh for a talking head, news bulletin, or commercial break. It's almost as bad as the TUC Congress.
That's fascinating, but I'd say it's only partly economics. People can feel they're losing out demographically and in terms of their status, as well as economically. That may be less of a problem, in a fast-growing economy, where everyone can grow richer, at different rates.
But, in a slow-growing economy, gains for the rich mean losses for the rest; gains for women mean losses for men; gains for people of colour mean losses for whites. But, it's not just about incomes. It's the sense that you've gone from being a respected citizen to being a pariah, during your lifetime.
I take Robert's general point. People can put up with a lot if they feel that they're prospering. In most Western countries there was an unconscious and entirely understandable expectation that successive generations would be richer than their predecessors. For much of the country that expectation was clearly wrong.
That fact, combined with loss of social and cultural cohesion is central to the challenges we face.
I posted on the previous thread my thoughts on why mass Muslim immigration posed a risk to social and cultural cohesion. If that - as well as the economic issues so well described by @rcs100 - are not properly dealt with we face a tough future. You cannot easily put together a society which is fracturing. It is easy to overdo the gloom but what is happening in France, what we have seen in Belgium and Germany, the issues in Austria and the problems we have faced are symptoms of fractures which could, if not dealt with, lead to even worse fissures.
They're taking the official convention picture on one of those panoramic cameras. When we got our school annual photo taken, there was always some kid who'd stand at one end then run to the other end to get on twice.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
That's fascinating, but I'd say it's only partly economics. People can feel they're losing out demographically and in terms of their status, as well as economically. That may be less of a problem, in a fast-growing economy, where everyone can grow richer, at different rates.
But, in a slow-growing economy, gains for the rich mean losses for the rest; gains for women mean losses for men; gains for people of colour mean losses for whites. But, it's not just about incomes. It's the sense that you've gone from being a respected citizen to being a pariah, during your lifetime.
I take Robert's general point. People can put up with a lot if they feel that they're prospering. In most Western countries there was an unconscious and entirely understandable expectation that successive generations would be richer than their predecessors. For much of the country that expectation was clearly wrong.
That fact, combined with loss of social and cultural cohesion is central to the challenges we face.
I posted on the previous thread my thoughts on why mass Muslim immigration posed a risk to social and cultural cohesion. If that - as well as the economic issues so well described by @rcs100 - are not properly dealt with we face a tough future. You cannot easily put together a society which is fracturing. It is easy to overdo the gloom but what is happening in France, what we have seen in Belgium and Germany, the issues in Austria and the problems we have faced are symptoms of fractures which could, if not dealt with, lead to even worse fissures.
T'other day I nominated you as El President and Dictator for Life in your absence. Can't believe you missed it.
On that basis, I have no idea why you're still hanging around here with this bunch of n'er do wells. Get cracking, ma'am, this country needs you.
Why is she quibbling? She should just stand, and the white working classes will swiftly come flocking to the electoral standard of THANGAM DEBBONAIRE
Has to be the best name in Parliament, in the Commons at least (let us not forget Lord Thomas Galloway Dunlop du Roy de Blicquy Galbraith after all).
Though I have a soft spot for Richard Grovesnor Plunkett-Ernle-Erle-Drax.
Happy to have played a part in first getting Richard elected in 2010. I have only a double barrelled name, but us non-single-namers need to stick together....
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
€1 = £ 0.71 - 1999
€1 = £ 0.83 - 2016
The Euro has appreciated 16% in 17 years against Sterling !
They're taking the official convention picture on one of those panoramic cameras. When we got our school annual photo taken, there was always some kid who'd stand at one end then run to the other end to get on twice.
Has no one realised that a pano mode can be used on an iPhone nowadays...
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
To skip the inevitable yet wrong-headed refutation that this is all down to the Great Recession, UK median and average disposable incomes haven't risen appreciably since 2004.
Why is she quibbling? She should just stand, and the white working classes will swiftly come flocking to the electoral standard of THANGAM DEBBONAIRE
Has to be the best name in Parliament, in the Commons at least (let us not forget Lord Thomas Galloway Dunlop du Roy de Blicquy Galbraith after all).
Though I have a soft spot for Richard Grovesnor Plunkett-Ernle-Erle-Drax.
Happy to have played a part in first getting Richard elected in 2010. I have only a double barrelled name, but us non-single-namers need to stick together....
Equating barrelled surnames to poshness, I expect Charles has about a septuple barrelled name.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
€1 = £ 0.71 - 1999
€1 = £ 0.83 - 2016
The Euro has appreciated 16% in 17 years against Sterling !
Cat got your Tongue?
I can understand why you'd be deeply ashamed of what you posted on Friday night.
On what sounds like it is going to be another terrible night, a tiny tiny tiny bit of light...with true Germany efficiency a full slate of bus replacement services already been deployed.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
€1 = £ 0.71 - 1999
€1 = £ 0.83 - 2016
The Euro has appreciated 16% in 17 years against Sterling !
Cat got your Tongue?
I can understand why you'd be deeply ashamed of what you posted on Friday night.
Now the Brits have had the courage to opt for Brexit (it always seems to have to be us as prime movers), expect much more similar sentiment in other EU states over the next couple of years - especially those with elections pending.
The polling so far has been moving in the opposite direction.
Now the Brits have had the courage to opt for Brexit (it always seems to have to be us as prime movers), expect much more similar sentiment in other EU states over the next couple of years - especially those with elections pending.
The polling so far has been moving in the opposite direction.
Now the Brits have had the courage to opt for Brexit (it always seems to have to be us as prime movers), expect much more similar sentiment in other EU states over the next couple of years - especially those with elections pending.
The polling so far has been moving in the opposite direction.
If we look like we're doing well I imagine exit sentiment will rise - until then, many places flirting with the idea of exit will be spooked by political chaos, and likely go the other way, waiting to see what will happen.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
I'm not suggesting that euro membership is the only cause of discontent
I believe that feelings of social and cultural erosion are behind many more grievances than money in a place like the UK and increasingly across a number of countries in Europe.
I am just pondering your conclusions on Germany. Would a Germany with the Deutschmark fare as well as a Germany with the euro?
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
€1 = £ 0.71 - 1999
€1 = £ 0.83 - 2016
The Euro has appreciated 16% in 17 years against Sterling !
Cat got your Tongue?
I can understand why you'd be deeply ashamed of what you posted on Friday night.
What did I write on Friday night , you f***ass !
You were praising Erdogan to the skies. Or did someone else hack into your account.
" We voted for Brexit to reverse us getting poorer. Now we're even poorer still. But I suppose the voguish internet libertarians arguing that we asserted agency in choosing to be even poorer have a point. So that's alright then. " I imagine the Wetherspoons of the Leave heartlands will be alright with such peons to ' control ' in 2021.
SNP MP Ian Blackford says that a vote to renew Trident tonight would be a "nail in the coffin of the Union"
Oh f*** right off.
I'm someone who has long thought the Union is on its last legs, and that Scotland is on its way out because, correctly or not, it perceives itself as too different from England (and it is primarily England). But let's not kid ourselves, an SNP MP perceives the sun rising in the morning as a nail in the coffin of the Union.
That's fascinating, but I'd say it's only partly economics. People can feel they're losing out demographically and in terms of their status, as well as economically. That may be less of a problem, in a fast-growing economy, where everyone can grow richer, at different rates.
But, in a slow-growing economy, gains for the rich mean losses for the rest; gains for women mean losses for men; gains for people of colour mean losses for whites. But, it's not just about incomes. It's the sense that you've gone from being a respected citizen to being a pariah, during your lifetime.
Bang on.
And Brexit, crucially, reversed that. It said YOU count. Every last vote. YOU COUNT. And every last vote really did count, because you, the voter, changed the fate of your nation, against the explicit and menacing desires of London, the elite, the banks, the politicians: everyone.
This is incredibly precious. We have renewed democracy in the UK. I am sure Brexit will cost us, economically, but in the longer term, the moral gains are greater.
Ironically, having said that to voters the Remain campaign then proceeded to treating those voters as morons. The gap between what they said at the start about votes counting and how they treated those same voters was where the Leave vote came from.
Now the Brits have had the courage to opt for Brexit (it always seems to have to be us as prime movers), expect much more similar sentiment in other EU states over the next couple of years - especially those with elections pending.
The polling so far has been moving in the opposite direction.
If we look like we're doing well I imagine exit sentiment will rise - until then, many places flirting with the idea of exit will be spooked by political chaos, and likely go the other way, waiting to see what will happen.
That's happened already, though that was based on the 'omg no one is running the UK' meme that did the rounds a couple of weeks ago.
I'd just like to add that I don't want the EU to fall apart. This isn't actually a Game of bloody Thrones. We need the EU to be healthy, wealthy and friendly. We need the EZ to progress on EMU. I would like to see the UK continue to contribute to Horizon 2020, Erasmus, ESA, CERN, ITER etc. I wouldn't feel in anyway validated if other countries followed us out of the union.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
Germany is not successful. No more than us. It exports more. It's infrastructure is often in tatters (as recent visitors, like me, will attest). It's median wages have also stagnated. It has benefited from an underpriced euro which has at the same time pauperised its EU neighbours which it now has to bail out.
Germany is not successful. It's just not as fucked as Greece or Italy.
Median wages are up about 8% in a period our are down the same amount.
Now, the bulk of that improvement has happened in the East, so you probably haven't seen it. But it's happened.
SNP MP Ian Blackford says that a vote to renew Trident tonight would be a "nail in the coffin of the Union"
Oh f*** right off.
I'm someone who has long thought the Union is on its last legs, and that Scotland is on its way out because, correctly or not, it perceives itself as too different from England (and it is primarily England). But let's not kid ourselves, an SNP MP perceives the sun rising in the morning as a nail in the coffin of the Union.
I was not impressed with what I saw from the SNP tonight. Is it right that the SNP want an independent Scotland to remain part of NATO?
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
I'm not suggesting that euro membership is the only cause of discontent
I believe that feelings of social and cultural erosion are behind many more grievances than money in a place like the UK and increasingly across a number of countries in Europe.
I am just pondering your conclusions on Germany. Would a Germany with the Deutschmark fare as well as a Germany with the euro?
The DM would appreciate. German export performance would suffer. The Euro is good for Germany. As long as it can resist the calls for fiscal transfers to the Southern members. Tinfoilers say the EZ is all a grand plot by Germany to trade with a permanently undervalued currency.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
€1 = £ 0.71 - 1999
€1 = £ 0.83 - 2016
The Euro has appreciated 16% in 17 years against Sterling !
Cat got your Tongue?
I can understand why you'd be deeply ashamed of what you posted on Friday night.
What did I write on Friday night , you f***ass !
You were praising Erdogan to the skies. Or did someone else hack into your account.
Absolutely in comparison to the fucking Military.
Were you not impressed with how the PEOPLE safeguarded democracy. On Friday night, you, Max PB and Lowlander [ a strange coalition ] were questioning my post that ALL political parties were opposed to the coup. It turned out to be correct'
I also wrote pretty early in the night that the coup was effectively over. Max was hoping that the gutless Military would overthrow a democratically elected regime.
Whether you like it or not, Erdogan [ who is basically a street bully ] is democratically elected. We cannot have a democracy which only elects people we like.
The fact is the people of Turkey, from Gaziantep to Istanbul, responded to Erdogan's Face-time call to come out on to the streets.
The plotters were defeated and the Turkish people's choice was restored.
I regret nothing. Certainly not to someone who is a member of UKIP.
Why is she quibbling? She should just stand, and the white working classes will swiftly come flocking to the electoral standard of THANGAM DEBBONAIRE
Has to be the best name in Parliament, in the Commons at least (let us not forget Lord Thomas Galloway Dunlop du Roy de Blicquy Galbraith after all).
Though I have a soft spot for Richard Grovesnor Plunkett-Ernle-Erle-Drax.
Happy to have played a part in first getting Richard elected in 2010. I have only a double barrelled name, but us non-single-namers need to stick together....
Equating barrelled surnames to poshness, I expect Charles has about a septuple barrelled name.
There are far posher people than dear Charles on this blog. Not that poshness or lack of matters in the slightest.
I have a complicated name which regularly confuses people as to my gender but having to spell it does at least help break the ice, if no other conversational gambit can be found.
" We voted for Brexit to reverse us getting poorer. Now we're even poorer still. But I suppose the voguish internet libertarians arguing that we asserted agency in choosing to be even poorer have a point. So that's alright then. " I imagine the Wetherspoons of the Leave heartlands will be alright with such peons to ' control ' in 2021.
It really is dreary bullshit isn't it? Let's come back to PB after the summer. Have a good one folks!
Oh god - even the BBC US news is being helmed from the RNC. One humorous item. They sent a Scottish reporter down to Baton Rouge. After a piece to camera they aired some vox pop interviews she did. They couldn't understand a word she asked. It was hilarious. It was cut from the next airing of her report. Strong regional accents interviewing other strong regional accents is never a good idea, except for entertainment.
My alternative plan for post Brexit polis is this. When the ex industrial Leave voting areas of E + W are even poorer in 5 years time and their fleeting illusion of " control " turns to even deeper anger I'm going to point. " Look over there. That group of voguish libertarian internet eighties with huge equity and two degrees each sold you a crock of *****. They used you to make a political point and usher in an even *more* globalised world that they'll thrive even better in. Why don't you hang them from a lamp post ? "
On what sounds like it is going to be another terrible night, a tiny tiny tiny bit of light...with true Germany efficiency a full slate of bus replacement services already been deployed.
Germany was very efficient at losing World Wars last century
Germany is not successful. No more than us. It exports more. It's infrastructure is often in tatters (as recent visitors, like me, will attest). It's median wages have also stagnated. It has benefited from an underpriced euro which has at the same time pauperised its EU neighbours which it now has to bail out.
Germany is not successful. It's just not as fucked as Greece or Italy.
Median wages are up about 8% in a period our are down the same amount.
Now, the bulk of that improvement has happened in the East, so you probably haven't seen it. But it's happened.
These German politicians sound like amateurs. Don't they know the best way to run an economy is to keep piling the wealth into the hands of the already wealthy?
Thankfully these guys aren't in charge of the UK or Wales might find itself moving towards prosperity while London has to cope on the only the wealth it already has.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
Germany is not successful. No more than us. It exports more. It's infrastructure is often in tatters (as recent visitors, like me, will attest). It's median wages have also stagnated. It has benefited from an underpriced euro which has at the same time pauperised its EU neighbours which it now has to bail out.
Germany is not successful. It's just not as fucked as Greece or Italy.
Median wages are up about 8% in a period our are down the same amount.
Now, the bulk of that improvement has happened in the East, so you probably haven't seen it. But it's happened.
What would the figure for the UK look like if we compared the median wage of workers in the UK now with what they were earning pre-2004? Should we not account for the increase in the wages of immigrants relative to what they were earning back home?
" We voted for Brexit to reverse us getting poorer. Now we're even poorer still. But I suppose the voguish internet libertarians arguing that we asserted agency in choosing to be even poorer have a point. So that's alright then. " I imagine the Wetherspoons of the Leave heartlands will be alright with such peons to ' control ' in 2021.
It really is dreary bullshit isn't it? Let's come back to PB after the summer. Have a good one folks!
SNP MP Ian Blackford says that a vote to renew Trident tonight would be a "nail in the coffin of the Union"
Oh f*** right off.
I'm someone who has long thought the Union is on its last legs, and that Scotland is on its way out because, correctly or not, it perceives itself as too different from England (and it is primarily England). But let's not kid ourselves, an SNP MP perceives the sun rising in the morning as a nail in the coffin of the Union.
The Sun rising in the morning does constitute a "material change in circumstances"
Oh god - even the BBC US news is being helmed from the RNC. One humorous item. They sent a Scottish reporter down to Baton Rouge. After a piece to camera they aired some vox pop interviews she did. They couldn't understand a word she asked. It was hilarious. It was cut from the next airing of her report. Strong regional accents interviewing other strong regional accents is never a good idea, except for entertainment.
Strange ! I can't understand a word what the people of Baton Rouge says.
Interesting article Robert though I would ask whether the Germans are benefiting from the euro while so many around them are straitjacketed and losing because of it.
Because Euro membership is not the only cause of economic discontent!
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
€1 = £ 0.71 - 1999
€1 = £ 0.83 - 2016
The Euro has appreciated 16% in 17 years against Sterling !
Cat got your Tongue?
I can understand why you'd be deeply ashamed of what you posted on Friday night.
What did I write on Friday night , you f***ass !
You were praising Erdogan to the skies. Or did someone else hack into your account.
Absolutely in comparison to the fucking Military.
Were you not impressed with how the PEOPLE safeguarded democracy. On Friday night, you, Max PB and Lowlander [ a strange coalition ] were questioning my post that ALL political parties were opposed to the coup. It turned out to be correct'
I also wrote pretty early in the night that the coup was effectively over. Max was hoping that the gutless Military would overthrow a democratically elected regime.
Whether you like it or not, Erdogan [ who is basically a street bully ] is democratically elected. We cannot have a democracy which only elects people we like.
The fact is the people of Turkey, from Gaziantep to Istanbul, responded to Erdogan's Face-time call to come out on to the streets.
The plotters were defeated and the Turkish people's choice was restored.
I regret nothing. Certainly not to someone who is a member of UKIP.
So, you're happy that he's rounding up thousands of judges and political opponents in the name of what you imagine to be democracy?
That says a lot about you. It shows that you're morally worthless. The kind of person who would have been a cheerleader for Stalin or Pol Pot.
Comments
In other words, typical Toryism - a small short term gain offset by huge potential long term losses.
But, in a slow-growing economy, gains for the rich mean losses for the rest; gains for women mean losses for men; gains for people of colour mean losses for whites. But, it's not just about incomes. It's the sense that you've gone from being a respected citizen to being a pariah, during your lifetime.
The issue with worrying about individual businesses is that large economies have to be considered statistically. If you just look at company births and deaths, even in the depths of the last recession, 235k companies were started in the UK. However, 249k companies died. In the last year that we have data (2014) there were 351k startups and 246k deaths.
We tend to focus on the big things (e.g. ARM's takeover), whereas the real economy is as much about company life cycles and millions of micro-decisions taken by businesses and consumers every day.
The ONS published a Brexit timetable today. We won't get the first inkling about Brexit impacts until 16th August. We won't get solid data across the whole economy until October.
That fact, combined with loss of social and cultural cohesion is central to the challenges we face.
Good evening, everybody.
Anyway, you must be thrilled that Erdogan is rounding up thousands of his opponents. Better still if he starts hanging them.
Surbiton was getting very passionate on behalf of Erdogan, on Friday night.
Though I have a soft spot for Richard Grovesnor Plunkett-Ernle-Erle-Drax.
Presumably, we should not find a cure for cancer because it employs Cancer surgeons.
What is the fucking point?
http://www.bbc.co.uk/news/world-europe-36827725
It takes away 1% of the GDP this year, 1.8% in 2017 and another 1.5% in 2018.
PERMANENTLY.
Is it my imagination or does he look like he's in his 50s.
Lewis could be the betfair winning 'bridge'
The US, Japan, and the UK have all seen median income fall in the last eight years, and none of them are members of the Euro.
Germany's success is largely the consequence of sensible education, regional development, banking regulation and tax choices.
More than 20 people in Germany have been injured after a man with an axe went on the rampage on a train, German media report.
Question is, can Smith get shot of Eagle's challenge.
(For now.)
On that basis, I have no idea why you're still hanging around here with this bunch of n'er do wells. Get cracking, ma'am, this country needs you.
€1 = £ 0.83 - 2016
The Euro has appreciated 16% in 17 years against Sterling !
I can understand why you'd be deeply ashamed of what you posted on Friday night.
could just be spin...
Unfortunately it's a remote possibility.
Surely Noone expected that !
I believe that feelings of social and cultural erosion are behind many more grievances than money in a place like the UK and increasingly across a number of countries in Europe.
I am just pondering your conclusions on Germany. Would a Germany with the Deutschmark fare as well as a Germany with the euro?
Oh f*** right off.
I'm someone who has long thought the Union is on its last legs, and that Scotland is on its way out because, correctly or not, it perceives itself as too different from England (and it is primarily England). But let's not kid ourselves, an SNP MP perceives the sun rising in the morning as a nail in the coffin of the Union.
I'd just like to add that I don't want the EU to fall apart. This isn't actually a Game of bloody Thrones. We need the EU to be healthy, wealthy and friendly. We need the EZ to progress on EMU. I would like to see the UK continue to contribute to Horizon 2020, Erasmus, ESA, CERN, ITER etc. I wouldn't feel in anyway validated if other countries followed us out of the union.
Now, the bulk of that improvement has happened in the East, so you probably haven't seen it. But it's happened.
Were you not impressed with how the PEOPLE safeguarded democracy. On Friday night, you, Max PB and Lowlander [ a strange coalition ] were questioning my post that ALL political parties were opposed to the coup. It turned out to be correct'
I also wrote pretty early in the night that the coup was effectively over. Max was hoping that the gutless Military would overthrow a democratically elected regime.
Whether you like it or not, Erdogan [ who is basically a street bully ] is democratically elected. We cannot have a democracy which only elects people we like.
The fact is the people of Turkey, from Gaziantep to Istanbul, responded to Erdogan's Face-time call to come out on to the streets.
The plotters were defeated and the Turkish people's choice was restored.
I regret nothing. Certainly not to someone who is a member of UKIP.
I have a complicated name which regularly confuses people as to my gender but having to spell it does at least help break the ice, if no other conversational gambit can be found.
http://www.telegraph.co.uk/content/dam/news/2016/07/18/1907-MATT-GALLERY-WEB-P1-small_trans++qVzuuqpFlyLIwiB6NTmJwfSVWeZ_vEN7c6bHu2jJnT8.png
Thankfully these guys aren't in charge of the UK or Wales might find itself moving towards prosperity while London has to cope on the only the wealth it already has.
That says a lot about you. It shows that you're morally worthless. The kind of person who would have been a cheerleader for Stalin or Pol Pot.