goldfinger
- 12 Jan 2010 20:42
goldfinger
- 23 May 2012 17:02
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Above post reported to Bullshare......4.59pm.
mamborico
- 23 May 2012 17:10
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re - Hows your hero doing jack er jack you know the one you idolise and have as your avatar across the road, Jack er Jack ohhh yes Jack Osbourne........ LOL.
never heard of such a person, the name Osbourne sounds like I heard it some time back, but I am sure was not Jack.
most likely you have again some cross wires, but you can try to explain better.
Bullshare
- 23 May 2012 17:12
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Goldfinger: Thank you for highlighting this and yes, they have gone too far, so mamborico has gone and I have deleted the one post completely and edited another.
goldfinger
- 23 May 2012 17:17
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Thankyou bullshare appreciated, glad to see we can do without disruptive posters. cant see what they get out of it.
skinny
- 23 May 2012 18:17
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He has had several 'names' on here - I did list the three or four that I knew at the time, on a thread sometime ago.
goldfinger
- 23 May 2012 21:00
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He has an history on Sharecrazy aswel according to Just jim a prominent poster. Hel be back in some guise no doubt.
Best to move on.
goldfinger
- 23 May 2012 21:02
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This summit so far not throwing much concrete help up is it. germans well opposed to Euro Bonds.
goldfinger
- 23 May 2012 21:48
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Jeeze that was a quick turnaround. futures +44 now.
goldfinger
- 23 May 2012 21:48
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Must have some good news then from summit hopefully.
jonuk76
- 24 May 2012 00:47
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Hope there's some kind of a plan to provide some relief, but I haven't got too much hope. I moved over half of portfolio to cash and bond funds after the Greek election results came out. On the one hand that turned out a good decision, on the other wondering now what to do about the rest. You try to avoid emotional decisions but really, it looks f'in grim.
goldfinger
- 24 May 2012 01:52
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Certainly does jonuk. Still have to wait while 17th of June for greek elections yet.
Ive just got 3 stocks long now, nothing else. All on September contracts which gives some risk aversion.
goldfinger
- 24 May 2012 08:53
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WAFM added to Bullish trending Charts.
goldfinger
- 24 May 2012 09:01
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NEX added to Bearish Trending Charts
ahoj
- 24 May 2012 09:05
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The assumption is ridicules now... assuming that a fall in manufacturing activities means the end of the world.
While there is little competition between most manufacturers, they make money like never before.
goldfinger
- 24 May 2012 11:49
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Yep but ahoj the fact is the modern manufacturer is so capital intensive that he barely needs labour as to the extent of the older historical manufacturers ie, textiles engineering etc and less employees means less jobs and therefore less consumption and less demand in the economy, the multiplier being at historicaly low rates and also money supply on m1 m3 and m4 contracting at record levels.
The key to getting this country back on its feet is through the highstreet(including online) and home services sector.
We need a reduction in VAT on both to stimualte demand and to expand the money supply naturally not through QE but demand led with the economic multiplier distributing further cycle growth.
Of course this would mean a lag on public revenue/tax intake so a one off tax on the banking sector could cover the short fall created by the reduced tax intake.
The expansion would lead to more jobs more people spending and in the long run more tax revenues.
Weve got it wrong at the moment tinkering around the edges with red tape reform etc. fact is the small amount that has been cut in the deficit so far is down to tax rises, it hasnt been cut via spending cuts, thats still to come.
And you have to remember the Bond markets sooner rather than later will see through this and it wont be long before the UK govt is called to account and we would be in danger of seeing higher interest rates.
halifax
- 24 May 2012 11:58
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It appears to us that most things sold on the high street are produced outside the UK, so can't see how stimulating the retail sector is going to have any impact on job creation except perhaps in China.
ahoj
- 24 May 2012 12:04
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Well said Halifax.
The culture of getting rich in a week adds to the problem as our children are getting too lazy to do real productive work. Cameron thinks money and finance can help, as against education and culture.
"BBC is responsible the MOST", I think. They should not follow other media, but lead us to the right direction, promoting education and the "right culture". Sex, art and music cannot help the country. Check Germany, they start the work at 8:00 and finish at 16:30, 100% productive unlike Spanish, Italian and French who waste two hours for lunch.
goldfinger
- 24 May 2012 14:04
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Sorry chaps buy your obviously not looking at this the way as an economist would do. Doesnt matter if the goods are from china or anywhere else for that matter. We are talking about stimulating and getting the multiplier and accelarator effect going in the economy.
Cutting vat would do that as it gives people more money to spend. That money in turn would lead to opportunities for employers here and abroad to expand and create more and this goes on and on.
Dont forget if we have money to spend on say US/Chinese products their manufacturers grow. Their workfore in turn has spending power to buy british goods and expansion occurs.
goldfinger
- 24 May 2012 14:06
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As for your point above totaly agree ahoj. the X factor and shite like that are helping to create a get rich quick attitude without doing the graft and also getting an education.
halifax
- 24 May 2012 14:25
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as for economists generally they haven't got a clue and have never run a business, their predictions like journalists are invariably proved wrong but nobody has enough time to call them to account in retrospect.we don't think the average factory worker in say China is going to buy a jet engine from Rolls Royce more likely to buy rice which unfortunately we don't grow in the UK. Your Ed Balls argument lives up to his surname.