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Post by M on Mar 13, 2020 9:59:12 GMT
If the economy and banks fail again, Is it still Labour's fault?  Seriously though. Covid-19 is potentially making it more and more clear just how fragile our gig economy is. What happens if the worst does happen and the banks start to fail again as they have form for failing when we most need them? Are we rescuing them again through more 'tough decisions'? Who do we blame this time? Is it this time the Tories are are to blame for 'bankrupting' the economy by 'selling the gold' in more public assets than any government in the history of this nation combined? Or is it that we just accept that the neo-liberal economy has utterly failed us? Where would we go from here? |
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Post by Eggybread on Mar 13, 2020 10:13:03 GMT
If the economy and banks fail again, Is it still Labour's fault? Seriously though. Covid-19 is potentially making it more and more clear just how fragile our gig economy is. What happens if the worst does happen and the banks start to fail again as they have form for failing when we most need them? Are we rescuing them again through more 'tough decisions'? Who do we blame this time? Is it this time the Tories are are to blame for 'bankrupting' the economy by 'selling the gold' in more public assets than any government in the history of this nation combined? Or is it that we just accept that the neo-liberal economy has utterly failed us? Where would we go from here? Well they are basically letting people die for the next few weeks until the virus is at its peak then they might actually do something. Not sure about the gold tbh,Brown sold over half. But everything else you are correct.Wonder what happened to our strong and stable tory economy  o yes it never was. |
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Post by zerps on Mar 13, 2020 10:16:17 GMT
It was going to crash at some point. This gives them the perfect excuse. Banks won’t be needed one day as money moves like data.
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Post by noustie on Mar 13, 2020 10:43:24 GMT
Tinfoil hat stuff but one thing this shows is any nation who had the ability to weaponise a more serious virus than this could bring the world economy crashing to its knees. It could be used as almost a reset button.
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Post by M on Mar 13, 2020 11:47:50 GMT
Tinfoil hat stuff but one thing this shows is any nation who had the ability to weaponise a more serious virus than this could bring the world economy crashing to its knees. It could be used as almost a reset button. We probably need that. Wasn't it the Romans who used to just press the reset button every decade or something like that? Wipe and reset the debt so everyone can carry on having fun in the sun? |
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Post by raythesailor on Mar 13, 2020 12:07:14 GMT
The Gov will be raking it in with Inheritance tax and loads of kids who have been moaning about the older generations for years will suddenly find they have another house and mum and dads hard earned savings.
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Post by zerps on Mar 13, 2020 12:09:11 GMT
The usd is finished. New global reserve currency/ petro dollar incoming.
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Post by bathstoke on Mar 13, 2020 12:32:59 GMT
Tinfoil hat stuff but one thing this shows is any nation who had the ability to weaponise a more serious virus than this could bring the world economy crashing to its knees. It could be used as almost a reset button. We probably need that. Wasn't it the Romans who used to just press the reset button every decade or something like that? Wipe and reset the debt so everyone can carry on having fun in the sun? No, It was called the Jubilee. It occurred every 7yrs with the wiping of debts & setting slaves free & it was a Jewish law🕎 |
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Post by wagsastokie on Mar 13, 2020 13:29:35 GMT
If the economy and banks fail again, Is it still Labour's fault? Seriously though. Covid-19 is potentially making it more and more clear just how fragile our gig economy is. What happens if the worst does happen and the banks start to fail again as they have form for failing when we most need them? Are we rescuing them again through more 'tough decisions'? Who do we blame this time? Is it this time the Tories are are to blame for 'bankrupting' the economy by 'selling the gold' in more public assets than any government in the history of this nation combined? Or is it that we just accept that the neo-liberal economy has utterly failed us? Where would we go from here? No it will entirely fall on the left wing communist chinese government who failed to deal with the problem due to political expedience |
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Post by itsmorethanagame on Mar 13, 2020 13:52:29 GMT
Realistically, how bad do we think this is going to get? I can’t see anything other than a long world wide recession like we have never seen before. This is going to finish off a huge number of businesses and cripple many.
Quantities easing is the only possibility I can see to stop things crumbling.
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Post by zerps on Mar 13, 2020 15:32:10 GMT
Realistically, how bad do we think this is going to get? I can’t see anything other than a long world wide recession like we have never seen before. This is going to finish off a huge number of businesses and cripple many. Quantities easing is the only possibility I can see to stop things crumbling. The yanks have been ploughing money into the fed reserve with qe for months. This will be a global reset. |
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Post by Deleted on Mar 13, 2020 15:45:37 GMT
It is worrying how easily our current seems to collapse under even the slightest of pressure.
Also worrying how easy it becomes for governments who have spent years refusing to spend money on people's lives to spend money to save financial institutions.
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Post by Deleted on Mar 13, 2020 15:54:10 GMT
Quite possibly one of the shittest posts on here for a long time.
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Post by zerps on Mar 13, 2020 15:55:41 GMT
Quite possibly one of the shittest posts on here for a long time. Go on? |
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Post by Deleted on Mar 13, 2020 16:08:32 GMT
If the economy and banks fail again, Is it still Labour's fault? Seriously though. Covid-19 is potentially making it more and more clear just how fragile our gig economy is. What happens if the worst does happen and the banks start to fail again as they have form for failing when we most need them? Are we rescuing them again through more 'tough decisions'? Who do we blame this time? Is it this time the Tories are are to blame for 'bankrupting' the economy by 'selling the gold' in more public assets than any government in the history of this nation combined? Or is it that we just accept that the neo-liberal economy has utterly failed us? Where would we go from here? Why blame anyone for a virus ? |
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Post by raythesailor on Mar 13, 2020 16:17:53 GMT
I thought it was Gordon Brown who sold the gold ?
There have been conspiracy theories around for years about China and it’s wanting to expand its influence around the globe.
Trump imposes sanctions and then; Where did this shit storm start ? .?
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Post by zerps on Mar 13, 2020 16:25:52 GMT
I thought it was Gordon Brown who sold the gold ? There have been conspiracy theories around for years about China and it’s wanting to expand its influence around the globe. Trump imposes sanctions and then; Where did this shit storm start ? .? Definitely man made imo |
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Post by serpico on Mar 13, 2020 16:37:30 GMT
It was going to crash at some point. This gives them the perfect excuse. Banks won’t be needed one day as money moves like data. To don my tinfoil hat for a moment, I wonder if the two things are linked ? I’m not downplaying Coronavirus, but maybe it is being used to some degree to deflect blame for the coming inevitable economic collapse, which has been locked in since 2008, there might be a real motivation to hype this virus up by various governments, it will give them massive power. |
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Post by zerps on Mar 13, 2020 16:42:40 GMT
It was going to crash at some point. This gives them the perfect excuse. Banks won’t be needed one day as money moves like data. To don my tinfoil hat for a moment, I wonder if the two things are linked ? I’m not downplaying Coronavirus, but maybe it is being used to some degree to deflect blame for the coming inevitable economic collapse, which has been locked in since 2008, there might be a real motivation to hype this virus up by various governments, it will give them massive power. Definitely linked mate. Global debt at an all time high. Etc etc. |
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Post by franklin66 on Mar 13, 2020 17:41:02 GMT
I know it's just a long shot but if this virus did in fact escape from a Chinese lab would they compensate the rest of us.
Yes I know its nuts but..
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Post by xchpotter on Mar 13, 2020 18:18:39 GMT
I know it's just a long shot but if this virus did in fact escape from a Chinese lab would they compensate the rest of us. Yes I know its nuts but.. Been thinking that myself. Whether it came from a lab or some shit infested food market where they keep dead and live animals together, it does seem to originate from China. Could the rest of the world sue China? I doubt there is a mechanism to do so and China would tell us to bugger off, but you can bet that had it come from the UK we would already have the cheque book out offering compensation. |
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Post by franklin66 on Mar 13, 2020 18:28:19 GMT
I know it's just a long shot but if this virus did in fact escape from a Chinese lab would they compensate the rest of us. Yes I know its nuts but.. Been thinking that myself. Whether it came from a lab or some shit infested food market where they keep dead and live animals together, it does seem to originate from China. Could the rest of the world sue China? I doubt there is a mechanism to do so and China would tell us to bugger off, but you can bet that had it come from the UK we would already have the cheque book out offering compensation. I suppose we could "tariff" the shit out of them. |
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Post by serpico on Mar 13, 2020 19:19:57 GMT
To don my tinfoil hat for a moment, I wonder if the two things are linked ? I’m not downplaying Coronavirus, but maybe it is being used to some degree to deflect blame for the coming inevitable economic collapse, which has been locked in since 2008, there might be a real motivation to hype this virus up by various governments, it will give them massive power. Definitely linked mate. Global debt at an all time high. Etc etc. I'm beginning to think this is whats going down, i'm no economic expert but have been following one or two people who are and they've been saying the debt bubble will burst this year, is it just a coincidence this virus appears ? maybe, maybe not, if you wanted to craft both a scape goat for economic collapse and a way of keeping people in order then this virus is perfect, isn't it ? |
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Post by zerps on Mar 13, 2020 19:23:04 GMT
Definitely linked mate. Global debt at an all time high. Etc etc. I'm beginning to think this is whats going down, i'm no economic expert but have been following one or two people who are and they've been saying the debt bubble will burst this year, is it just a coincidence this virus appears ? maybe, maybe not, if you wanted to craft both a scape goat for economic collapse and a way of keeping people in order then this virus is perfect, isn't it ? A recession was overdue anyway. This way there’s a perfect excuse. Expect global carnage unfortunately. This will reset global markets and more. |
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Post by felonious on Mar 13, 2020 20:13:48 GMT
I thought it was Gordon Brown who sold the gold ? There have been conspiracy theories around for years about China and it’s wanting to expand its influence around the globe. Trump imposes sanctions and then; Where did this shit storm start ? .? They gave us Sars and bird flu before that surely these food markets need some serious regulation? |
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Post by felonious on Mar 13, 2020 20:16:12 GMT
If the economy and banks fail again, Is it still Labour's fault? Seriously though. Covid-19 is potentially making it more and more clear just how fragile our gig economy is. What happens if the worst does happen and the banks start to fail again as they have form for failing when we most need them? Are we rescuing them again through more 'tough decisions'? Who do we blame this time? Is it this time the Tories are are to blame for 'bankrupting' the economy by 'selling the gold' in more public assets than any government in the history of this nation combined? Or is it that we just accept that the neo-liberal economy has utterly failed us? Where would we go from here? Remember the 13 years of prudence and no more boom and bust. The man should have known what was coming and prepared for it. Liar or incompetent? He didn't have a once in a lifetime pandemic to deal with. |
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Post by franklin66 on Mar 13, 2020 20:17:11 GMT
I thought it was Gordon Brown who sold the gold ? There have been conspiracy theories around for years about China and it’s wanting to expand its influence around the globe. Trump imposes sanctions and then; Where did this shit storm start ? .? They gave us Sars and bird flu before that surely these food markets need some serious regulation? I've not been to China but some of the markets I've been to in South East Asia do lack in the cleanliness stakes. Although I'm not against hawker markets I am careful as to what I eat but I've never been I'll as a result. |
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Post by Goonie on Mar 13, 2020 20:38:24 GMT
So far, in almost 54 years I have survived, and in no particular order:
AIDS
nuclear war
The miners strike 70s and 80s
The 3 day week
The winter of discontent
The OPEC oil crisis
Over 40 years of IRA terrorism
20 years of Islamic terrorism
The salmonella crisis
The CJD beef crisis
The 80s financial crash
The 2000s financial crash
Eating food off the floor
The millennium bug
Abduction by paedophiles as a child
Global warming
Political correctness
Jimmy Saville
#Me too
Not washing my hands after being to the toilet
Harvey Weinstein
I suspect there is a pattern emerging regarding mass hysteria and moral panic
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Post by franklin66 on Mar 13, 2020 20:42:18 GMT
So far, in almost 54 years I have survived, and in no particular order: AIDS nuclear war The miners strike 70s and 80s The 3 day week The winter of discontent The OPEC oil crisis Over 40 years of IRA terrorism 20 years of Islamic terrorism The salmonella crisis The CJD beef crisis The 80s financial crash The 2000s financial crash The millennium bug Abduction by paedophiles as a child Global warming Political correctness Jimmy Saville #Me too Harvey Weinstein I suspect there is a pattern emerging regarding mass hysteria and moral panic Same age same list. I do worry about the economic consequences of this panic it could have a cost that this and the next generation are going to have to fix. I just hope not too many people lose their jobs and homes etc. |
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Post by Goonie on Mar 13, 2020 20:45:19 GMT
So far, in almost 54 years I have survived, and in no particular order: AIDS nuclear war The miners strike 70s and 80s The 3 day week The winter of discontent The OPEC oil crisis Over 40 years of IRA terrorism 20 years of Islamic terrorism The salmonella crisis The CJD beef crisis The 80s financial crash The 2000s financial crash The millennium bug Abduction by paedophiles as a child Global warming Political correctness Jimmy Saville #Me too Harvey Weinstein I suspect there is a pattern emerging regarding mass hysteria and moral panic Same age same list. I do worry about the economic consequences of this panic it could have a cost the this and the next generation are going to have to fix. I just hope not too many people lose their jobs and homes etc. keep the people anxious and they'll agree to anything = manufactured consent Great documentary: |
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o yes it never was.
