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[Bandit127]

After a heavy day in the world of Finance, the vote on the $700bn isn't the foregone conclusion it seemed. It looks like the House Of Representatives has voted no. Blimey  

[Markie]

Ooooh this is going to hurt the FTSE again tomorrow then  

[Jay w]

that's worrying  :-/

we will feel the impact of this decision either in a positive of negative way.

I wonder if this is someone playing political games just to score points over the opposition  

[Martin_1962]

I wonder what will happen due to this - the US economy crashes?

[LaserLance]

As Pvt Fraser said in dads army " WE're all Doomed"   what is it with polititions only ever seem to interested in themselves ,sod the rest im all right jack . string them all up from lamposts

[Banjax]

Just read that - looks like the republicans didn't want to justify it to taxpaying voters! -  but it could easily trigger a worldwide panic/collapse  

maybe they're just grandstanding - making the government and the markets sweat a little before voting the bill through??

[theolodian]

I wonder what will happen due to this - the US economy crashes?

First thing is the stock markets are expected to go down 10-15%.

There is ZERO money flowing through the financial markets, businesses can't get loans.  Not just construction, large equipment purchases, etc.  The worst will be the states, but it will affect everyone.  The dollar could tank, meaning that no one makes money out of the Far East and they make lots of money out of us.  That will ripple across Europe. Then there's no way out but down.

[LaserLance]

Bet the price of gold has gone through the roof ?

[Lizzie_Zoom]

This can only greatly knock confidence in the financial markets still further and bring the necessary movement of money to a snails pace!

I do not want to sound all doom and gloom, which is hard not to now, but this could be an inevitable fiscal disaster of the magnitude of the 1929 Wall Street Crash which took until 1954 to be fully recovered from!

These are interesting times!  But most of us are just pawns now in a fantastic game of power politics and financial (mismanagement) games!

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg!

[size=24]Oh well, up with the Revolution!!!  [/size]
Whats that song[size=24]"always look on the bright side of life, tdum tdum, t'dum.......![/size]!

[Bandit127]

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg!

I think we hit the iceberg some time ago.

What's happening now is we are working out how big the hole is and how to shore it up. The US just voted to let it leak so that we can see how big it is.

[Lizzie_Zoom]

Like the Titanic there now seems little chance in stopping us from sinking, as we have already hit the ice burg!

I think we hit the iceberg some time ago.

What's happening now is we are working out how big the hole is and how to shore it up. The US just voted to let it leak so that we can see how big it is.

Who is suggesting we didn't?

[Dusty]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

[LaserLance]

heard on radio today that allen greenspan was the architect off all these problems but as that was one persons opinion and he seemed to say that gordon brown was a great beliver in greenspans message so looks like were in for a very bumpy ride , just glad i dont have a morgage cos i think the medicine is gonna be pretty unpalatable for a lot of people .

[cem_devecioglu]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

pandora box is open now

too many jobless, homeless people..increased taxes, bloody expensive food, fuel,gas etc..

I have never seen such incompetent governments whole my life including mine..   they say nothing will happen

it already started and they are sleeping !

[STMO123]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

That is correct Dusty. Globalisation was the word on everyones lips last year, it's a pity no one can work out exactly how it operates.

[Banjax]

just to put $700billion into perspective, with the US market down 777 points in ONE day, that represents a $1trillion dollar loss!!!!

Total planned bail out =   $700 000 000 000
Loss in one day         = $1 000 000 000 000

so how does $700billion even make a dent?
thats like losing £100 every day, and borrowing £70 once to cover it! :-/

[markrl]

It looks like Labour will be departing office once again leaving behind a terrible economic mess just as they did in 1979. Spent too much, taxed too much, borrowed too much. We are shortly going to have an annual PSBR of 90 to 100 billion pounds per year  
North sea oil and gas are running out and we have very little manufacturing capacity left. The financial services sector on which the UK now relies on so much is unravelling by the hour.

Thank you very much Gordon Brown  

[Lizzie_Zoom]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

That is correct Dusty. Globalisation was the word on everyones lips last year, it's a pity no one can work out exactly how it operates.

Well they do and I have had the privilege of listening and being lectured by an internationally renowed published aurthor, advisor (at government level) and pure expert in this field, Professor A.J. Groom.

Put simply everything that happens in this world of ours, financially, industrially, domestically (through purchasses / consumerism, etc), environmentally and politically has an effect somewhere else  on the planet as it is all interlinked more than ever before in history.

That is why the current crisis affects so many around the world.

[Bandit127]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

That is correct Dusty. Globalisation was the word on everyones lips last year, it's a pity no one can work out exactly how it operates.

Well they do and I have had the privilege of listening and being lectured by an internationally renowed published aurthor, advisor (at government level) and pure expert in this field, Professor A.J. Groom.

Put simply everything that happens in this world of ours, financially, industrially, domestically (through purchasses / consumerism, etc), environmentally and politically has an effect somewhere else  on the planet as it is all interlinked more than ever before in history.

That is why the current crisis affects so many around the world.

Hi Lizzie.

Do you have a link to a website for Professor A.J. Groom so we can have a read up on what he says please?

TIA

[Lizzie_Zoom]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

That is correct Dusty. Globalisation was the word on everyones lips last year, it's a pity no one can work out exactly how it operates.

Well they do and I have had the privilege of listening and being lectured by an internationally renowed published aurthor, advisor (at government level) and pure expert in this field, Professor A.J. Groom.

Put simply everything that happens in this world of ours, financially, industrially, domestically (through purchasses / consumerism, etc), environmentally and politically has an effect somewhere else  on the planet as it is all interlinked more than ever before in history.

That is why the current crisis affects so many around the world.

Hi Lizzie.

Do you have a link to a website for Professor A.J. Groom so we can have a read up on what he says please?

TIA

Please find listed the three main web sites for Professor A.J.R Groom;

First is the one contected to my uni, Canterbury Christ Church where he currently lectures:

http://www.canterbury.ac.uk/social-applied-sciences/applied-social-sciences/Staff/Professor-Groom/Home.aspx

You can also gather further information from two other sites;
first one is for The University of Kent, also in Canterbury:


http://www.kent.ac.uk/politics/about-us/staff/members/groom.html

then another useful link is:

http://www.worldwhoswho.com/public/views/entry.html?id=sl2174901

As for books there are sixteen he has written over the years, plus about 160 papers on International / Global relations.

His most popular is Groom, A.J.R. (1991) Internation Relations Then & Now[/i], which I was never able to obtain a copy of as the cheapest of e-bay was £50, with the next at £200, so I and my fellow students just used protected special photocopies lent by John Groom as he was lecturing us! 8-)

Another one is Groom, A.J.R. and Taylor, P. (1990) Framework for International Cooperation London: Pinter

If you require further excellent insight into 'Globalisation' I would highly recommend two keys books that I have had to extensively study:

Langhorne, R. (2006) The Essentials of Global Politics London: Hodder Arnold

Baylis, J. & Smith, S. (2006) The Globalisation of World Politics 3rd Edition Oxford: Oxford University Press

I hope this helps!

[Bandit127]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

That is correct Dusty. Globalisation was the word on everyones lips last year, it's a pity no one can work out exactly how it operates.

Well they do and I have had the privilege of listening and being lectured by an internationally renowed published aurthor, advisor (at government level) and pure expert in this field, Professor A.J. Groom.

Put simply everything that happens in this world of ours, financially, industrially, domestically (through purchasses / consumerism, etc), environmentally and politically has an effect somewhere else  on the planet as it is all interlinked more than ever before in history.

That is why the current crisis affects so many around the world.

Hi Lizzie.

Do you have a link to a website for Professor A.J. Groom so we can have a read up on what he says please?

TIA

Please find listed the three main web sites for Professor A.J.R Groom;

First is the one contected to my uni, Canterbury jings Church where he currently lectures:

http://www.canterbury.ac.uk/social-applied-sciences/applied-social-sciences/Staff/Professor-Groom/Home.aspx

You can also gather further information from two other sites;
first one is for The University of Kent, also in Canterbury:


http://www.kent.ac.uk/politics/about-us/staff/members/groom.html

then another useful link is:

http://www.worldwhoswho.com/public/views/entry.html?id=sl2174901

As for books there are sixteen he has written over the years, plus about 160 papers on International / Global relations.

His most popular is Groom, A.J.R. (1991) Internation Relations Then & Now[/i], which I was never able to obtain a copy of as the cheapest of e-bay was £50, with the next at £200, so I and my fellow students just used protected special photocopies lent by John Groom as he was lecturing us! 8-)

Another one is Groom, A.J.R. and Taylor, P. (1990) Framework for International Cooperation London: Pinter

If you require further excellent insight into 'Globalisation' I would highly recommend two keys books that I have had to extensively study:

Langhorne, R. (2006) The Essentials of Global Politics London: Hodder Arnold

Baylis, J. & Smith, S. (2006) The Globalisation of World Politics 3rd Edition Oxford: Oxford University Press

I hope this helps!

 

Thanks Lizzie.

Professor A. J. R. Groom unlocked Google. Odd that A. J. Groom didn't bring anything meaningful up. A failing in Google, obviously.

It is a shame that he doesn't have any published texts available for free review (not that Google could find on the first few pages anyway). Us unwashed masses will have to do without his enlightenment on global politics - for free anyway.

In the meantime, congratulations on having such a tutor for your studies - and good luck with them.  

[Lizzie_Zoom]

This situation is scary but exciting at the same time.
We simply just do not know what is going to happen in the next day or so.

That is correct Dusty. Globalisation was the word on everyones lips last year, it's a pity no one can work out exactly how it operates.

Well they do and I have had the privilege of listening and being lectured by an internationally renowed published aurthor, advisor (at government level) and pure expert in this field, Professor A.J. Groom.

Put simply everything that happens in this world of ours, financially, industrially, domestically (through purchasses / consumerism, etc), environmentally and politically has an effect somewhere else  on the planet as it is all interlinked more than ever before in history.

That is why the current crisis affects so many around the world.

Hi Lizzie.

Do you have a link to a website for Professor A.J. Groom so we can have a read up on what he says please?

TIA

Please find listed the three main web sites for Professor A.J.R Groom;

First is the one contected to my uni, Canterbury jings Church where he currently lectures:

http://www.canterbury.ac.uk/social-applied-sciences/applied-social-sciences/Staff/Professor-Groom/Home.aspx

You can also gather further information from two other sites;
first one is for The University of Kent, also in Canterbury:


http://www.kent.ac.uk/politics/about-us/staff/members/groom.html

then another useful link is:

http://www.worldwhoswho.com/public/views/entry.html?id=sl2174901

As for books there are sixteen he has written over the years, plus about 160 papers on International / Global relations.

His most popular is Groom, A.J.R. (1991) Internation Relations Then & Now[/i], which I was never able to obtain a copy of as the cheapest of e-bay was £50, with the next at £200, so I and my fellow students just used protected special photocopies lent by John Groom as he was lecturing us! 8-)

Another one is Groom, A.J.R. and Taylor, P. (1990) Framework for International Cooperation London: Pinter

If you require further excellent insight into 'Globalisation' I would highly recommend two keys books that I have had to extensively study:

Langhorne, R. (2006) The Essentials of Global Politics London: Hodder Arnold

Baylis, J. & Smith, S. (2006) The Globalisation of World Politics 3rd Edition Oxford: Oxford University Press

I hope this helps!

 

Thanks Lizzie.

Professor A. J. R. Groom unlocked Google. Odd that A. J. Groom didn't bring anything meaningful up. A failing in Google, obviously.

It is a shame that he doesn't have any published texts available for free review (not that Google could find on the first few pages anyway). Us unwashed masses will have to do without his enlightenment on global politics - for free anyway.

In the meantime, congratulations on having such a tutor for your studies - and good luck with them.  

Thanks Bandit!

Actually written material outside his books and papers on academic journals are very rare, as we found throughout his lectures!  

He is an old fashioned Professor who does not use Powerpoint or hand out notes!  He simply talks from his vast memory, sometimes glancing at notes he has used for 20/30 years, along with engaging in questions and debate.  But then he leaves without leaving any notes and other 'lesser' academic staff are left to produce any back up material we need!

It was all great stuff though!