Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

As a little right relief listen to Putin latest speech.

Back treading!

you too need to get off your political soapbox if this interesting and important issue is to be discussed sensibly
if you can't or won't, then i have better things to do than to waste my time

No you are wrong, Tesco as been losing market share for about 5 years now. Foot fall is way down.

Buffet was interested in Tescos undervalued property assets which hadnt been updated for quite a few years. He identified hidden value.

Plus their meat is rotten and also their cheese sandwiches.

Little L F/

Stop fiddling the figures!

Look at the numbers and rate of growth.

Anyway forget food banks for a moment all you have to do is look at the way shoppers have moved to Aldi and Netto they have taken a massive increase of market share in the supermarket world and WHY...........because they are cheaper and people are cash strapped.

Foodbanks are just an extension of this.

that's lousy logic too sticky

inter alia, you may have noted, but turned blind to the fact, that Aldi is actually a german company
using your logic, why is Aldi so successful there - and across Europe in general?


as for Netto, see below ....
As of September 2013, Netto had stores in the following countries:[4]
Country Since Stores
Denmark 1981 442
Germany 1990 345
Poland 1995 293[5]
Sweden 2002 151


if people can buy the quality they want from somewhere cheaper, then they'll migrate, almost regardless of their economic situation
indeed, if they wanted to buy still better value or cheaper veg and the like, they'ld probably be better served by using their local markets

Putin going backwards?

I think not!

That interview was with a man who holds all the cards.

If you are cash strapped you are more likely to around.

Aldi and Lidl are available and are taking advantage of the migration of "stacking high and selling low" philosophy.

that's what Tesco was always known for, but unimportant

cynic - 04 Mar 2014 12:14 - 37657 of 37659

that's lousy logic too sticky

inter alia, you may have noted, but turned blind to the fact, that Aldi is actually a german company
using your logic, why is Aldi so successful there - and across Europe in general?........ends

So Cyners are you saying these other European countries didnt have a recession like ours at the same time as ours and they have had similar economic conditions to ours????????????????????


stop talking wet. What goes on here is going on in all these other Euro countries.

Well everything but Foodbanks as these other Euro countries tend to have a far better welfare system than ours and higher payments.

They dont have an elitist top 1% who get tax cut as our lot have.

Seems to me a lot here are forgetting back in 2008 it was the scumster BANKERS who caused all this trouble and yet they barely get a mention on this thread.

oh bugger off dear boy until you (and fossy and hays) can stop ranting from your political soapboxes

in your present and persistent state, it's not worth even trying to discuss this interesting and important subject with you

:-)

So you are saying Banks didnt cause the recession starting in 2008?????????

Are you saying these other Euro countries havent had similar economic issues as we have????.

if you wanted to discuss bankers and banking, that would have been a different and, as far as i am concerned, a very dull subject

however, i am VERY interested in the concept and actuality of foodbanks, but i am NOT prepared to enter discussion with you or the other 2 nutters while you can only rant from your soapboxes

Well surely this is why we have all these foodbanks because of the recession of 2008.

I we hadnt had the 2008 recession Im sure food banks wouldnt be prevelant like they are now.

By definition.........

Surely Bankers more than any group are responsible for the growth of foodbanks but yet they continue to prosper and the rest of us have to pick up the tab.

Im not on my soap box here just making what I feel is a valid point.

Bankers in general did not cause the recession. It was the investment arms of the banks and a handful of employees in those sectors who were partially at fault. Don't forget the man on the Clapham omnibus who gobbled up the cheap credit and borrowed far more than they could afford to pay back. The banks and building societies were also culpable in granting that credit.

The US housing finance system is also responsible in the sub-prime arena. The US has a fundamentally different and inherently dangerous system for mortgages. If you cannot pay your mortgage in the US then you can hand back the keys and walk away from the house and the debt. This leaves the banks with the negative equity and the debt. Many mortgages were granted on no deposit and huge multiples of salary in the US. It became just as cheap to pay a mortgage as to pay rent so why not buy as there were no credit checks. When the economics of the situation catch up with you then just move out.

The derivatives based on those properties also became sub-prime. It was largely the US that caused the financial meltdown by their mishandling of the situation when the shit hit the fan.

The Labour government caused our own crisis by waiting for five days before guaranteeing Northern Rock deposits. By then postal customers had sent in withdrawal letters. As usual it was too little and too late.

The growth of food banks is just down to the Trussel Trust. I am not suggesting that increasing them is a bad thing, but it does not indicate an increasing need. If there was an increasing need then the numbers served by each food bank would be increasing at the rate of the total increases. This is not the case.

Absolute rubish. The labour government did not cause our own crisis. It was a World Banking crisis that escalated from one country to another.

It is true that banks were far to lax/easy giving credit to customers. But the economy was booming at the time. They were good times for all.

You do talk some s-it at times Hays.

The economy was only booming on consumer spending funded by cheap credit.