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Author Topic: Corona virus Europe  (Read 129141 times)

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Shackeng

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Re: Corona virus Europe
« Reply #705 on: 03 April 2020, 20:46:12 »

Phew, thank god for that, Matt Hancock has written off the NHS debt of £13Bn, for one awful moment I thought we taxpayers might have to foot the bill. :y
£13 billion will be a mere drop in the ocean when this is all over, Chris. What do you reckon about the triple lock on my pension?  ;D

As safe as houses... oh wait. :-X
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Sir Tigger KC

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Re: Corona virus Europe
« Reply #706 on: 03 April 2020, 21:18:06 »

When big bad Boris jacks up taxes and implements Greek EU style austerity to get the public finances back in some sort of order after this nightmare is over , the rejoiniac leftards and their MSM running dogs will really have something to squeal about!  :o   :-X   ;D

Either that and assuming that Boris means what he says about not extending the so called transition period, come 1st January, we will no longer be subject to the EU's Stability and Growth Pact and we can take on as much debt as we like and be like Japan who have a debt to GDP ratio of about 200%!  ::)  National debt of £4.5 trillion (approx) anyone?  ???

What could possibly go wrong?  :)
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STEMO

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Re: Corona virus Europe
« Reply #707 on: 03 April 2020, 21:20:07 »

Whether we are out by then or not, at least we didn't join the single currency. So we can print money.
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Sir Tigger KC

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Re: Corona virus Europe
« Reply #708 on: 03 April 2020, 21:28:44 »

Whether we are out by then or not, at least we didn't join the single currency. So we can print money.

We can do both.  The treasury should borrow loads to buy shares in all the struggling but otherwise good companies and ban foreign companies, sovereign wealth funds and governments (esp China) from taking controlling or large stakes.  ;)

They can print money and flood the economy with easy money to kick start it back to life.  The downside is that inflation might go up, but that will help get rid of the debts!  :y

Damn, I'm starting to sound like bleddy socialist!  ;D
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Raeturbo

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Re: Corona virus Europe
« Reply #709 on: 03 April 2020, 21:47:14 »

Whatever unfolds we are better out of the shambles.
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STEMO

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Re: Corona virus Europe
« Reply #710 on: 03 April 2020, 22:07:03 »

Whether we are out by then or not, at least we didn't join the single currency. So we can print money.

We can do both.  The treasury should borrow loads to buy shares in all the struggling but otherwise good companies and ban foreign companies, sovereign wealth funds and governments (esp China) from taking controlling or large stakes.  ;)

They can print money and flood the economy with easy money to kick start it back to life.  The downside is that inflation might go up, but that will help get rid of the debts!  :y

Damn, I'm starting to sound like bleddy socialist!  ;D
Inflation is nothing to worry about. As you say, the government can inflate it's debt away and granny will feel loaded when her pension hits £300 a week...............until she goes to buy a loaf.  ;D
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Migv6 le Frog Fan

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Re: Corona virus Europe
« Reply #711 on: 04 April 2020, 09:13:01 »

I wonder if all this will be the thing that finally takes the heat out of the housing market ? It should do, but then so should the financial crash and it didn't.
There is still the supply / demand problem despite the economics.
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Rangie

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Re: Corona virus Europe
« Reply #712 on: 04 April 2020, 09:44:16 »

I wouldn't like to guess how all this will end , it's an unprecedented chain of events the only thing I want is my family & friends to come through this as safely as possible, but unfortunately a lot of folks don't want to or will not heed advice given. Cannot believe how little some value their lives.
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Viral_Jim

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Re: Corona virus Europe
« Reply #713 on: 04 April 2020, 09:53:42 »

I wonder if all this will be the thing that finally takes the heat out of the housing market ? It should do, but then so should the financial crash and it didn't.
There is still the supply / demand problem despite the economics.

This. While ever we aren't building enough homes, a problem we've had since the 80's and made worse by national chain 'house builders' who are incentivised not to build houses, house prices will continue to outstrip wage growth.

The unequal investment in different parts of the country will make matters worse in some areas than others, but overall the situation won't change for the foreseeable future.
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Migv6 le Frog Fan

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Re: Corona virus Europe
« Reply #714 on: 04 April 2020, 11:33:47 »

I don't believe we have a  housing shortage in the UK. We have far too many people.
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Raeturbo

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Re: Corona virus Europe
« Reply #715 on: 04 April 2020, 11:42:37 »

I don't believe we have a  housing shortage in the UK. We have far too many people.
.
                 And most of the wrong kind :y
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dave the builder

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Re: Corona virus Europe
« Reply #716 on: 04 April 2020, 12:55:05 »

I don't believe we have a  housing shortage in the UK. We have far too many people.
'If only'  there was a way to thin down the surplus population
then everyone who is left forced to have their every move tracked
we could have a DNA database collected during testing everyone in the world for an illness
get everyone to reduce pollution by innovating "work from home" and "work/live spaces"
get everyone eating pasta and rice rather than meat
stop people drinking to excess in pubs  etc ,which leads to sick days and alcoholism,health problems

I could go on  :P  :D ;D
 
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Raeturbo

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Re: Corona virus Europe
« Reply #717 on: 04 April 2020, 13:04:52 »

You’ve said enough :o
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Lizzie Zoom

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Re: Corona virus Europe
« Reply #718 on: 04 April 2020, 13:34:25 »

I don't believe we have a  housing shortage in the UK. We have far too many people.
'If only'  there was a way to thin down the surplus population
then everyone who is left forced to have their every move tracked
we could have a DNA database collected during testing everyone in the world for an illness
get everyone to reduce pollution by innovating "work from home" and "work/live spaces"
get everyone eating pasta and rice rather than meat
stop people drinking to excess in pubs  etc ,which leads to sick days and alcoholism,health problems

I could go on  :P  :D ;D

All that has been tried before, one way or another, throughout history.  In the end though the people have prefered Democracy, which has produced better results. :D :D ;)

Or perhaps Dave I should say to you as I said to TB: Sieg Heil Mein Fuhrer! ;D ;D ;D ;)
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Raeturbo

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Re: Corona virus Europe
« Reply #719 on: 04 April 2020, 13:40:06 »

They’re both Krouts ;D
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