Neo Facist? Momentum

alexa · Apr 8, 2018

LafayetteBis said: ↑

GREECE'S ENTRY INTO THE EU WAS "GREASED"

Greece never should have been allowed in. Goldman Sachs helped Greece "cook-the-books" by hiding its debt (with which it would have never been allowed by the EU authorities to enter).

And perhaps should have remained out until it definitively fixed its Debt Problem.

That story is here: NYT:
Wall St. Helped to Mask Debt Fueling Europe’s Crisis excerpt:

NO CLICHES PLEASE

I don't like clichés. On the Left or the Right.

They are an excuse for not making a cogently detailed rebuttal.

THE ECONOMIC CHALLENGE

I beg to differ. What you eat tonight and where you eat it come first in anybody's "Things I need absolutely To Do book". Get that right and all the rest can fall into place with the right economic policy.

Neither is any "new economic system" necessary. There is none, anyway. We must make do with what we've got.

And it is more than enough "in the right hands". Not Right-Hands. But, in the UK, out of the Right and into the Center-Left.

What we have got as a "problem" (in most major EU-countries) is this:

in the UK, it means getting back to a growth economy that would push the country further down in the scale shown above and out of Income Disparity.

How the UK does that depends upon Sufficient Basic and Middle-class Incomes Policy. The rich, regardless, will continue to dock their boats in St. Tropez in August come hell-or-high-water. (Pun intended.)

Of course, any economic theory to that end must be formulated around Stimulus Spending - the Holy Grail of economic recovery ever since Keynes proposed it to Roosevelt in the early 1930s.

Yes, it works! And Right-wing complaints about the National Debt going through the roof are both erroneous and unfounded. A resulting burgeoning economy means tax-revenues are flowing in to help pay-off any increase in the national debt.

Methinks ...
Click to expand...

I am not sure what you are going on about but in reading I noticed you were being uncivil. I am not in the mood so this conversation is over.

LafayetteBis · Apr 8, 2018

alexa said: ↑

I am not sure what you are going on about but in reading I noticed you were being uncivil. I am not in the mood so this conversation is over.
Click to expand...

That's as good an excuse as any ...

Baff · Apr 8, 2018

Brexit has been wonderful for the economy. It's going to be an economic mistake for the EU, but can't be helped. They were after all taking the piss royally.
We tried to tell them. tried to help them reform. We really did. They weren't up for it.
Nothing more we can reasonably do.

Crapping on about income inequality? WTF has that got to do with anything at all outside of the student union bar or an Occupy Wall Street rally?

Oh yes. Nothing at all.

Go to Romania, Learn what financial inequality is.
Travel the world mate. Leave your cosy safe zone.

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Neo Facist? Momentum

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