Brexit, for once some facts.
- Thread starter flecc
- Start date
I think you've forgotten to take your pills again. Are you becoming as forgetful as Biden? Use the alarm in your phone, which you can set to remind you. Some smart watches do it too. I've got a Huawei GT2e now that's absolutely brilliant. As well as alarms, it does breathing exercises, heart rate, oxygen levels, exercise tracking and all sorts of things.
Poor old Hilary is getting worried. The cries of "Lock her up" are suddenly sounding louder. I heard Trump has a massive list of all the crooked FBI officials who are going to get kicked out, then the trustworthy ones left behind are going to start doing what they're supposed to, which is going to get quite a few crooked people locked up. She knows it's coming.
timesofindia.indiatimes.com
Hillary Clinton: Can't 'entertain' the idea of Trump winning, makes me 'sick to my stomach' | World News - Times of India
US News: NEW YORK: US' former Secretary of State Hillary Clinton says she cannot "entertain" the idea of President Donald Trump winning the 2020 election and i.
timesofindia.indiatimes.com
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Of course reading it would be below your dignity. The article is fact based ..Names, locations etc are facts. He does in addition offer opinions .. including one that I concur with, that the FBI will not go public regarding these laptops until after the votes are cast. And another opinion I share that the Biddens will say nothing either, because if they do they provide oxygen and they then are dragged into a cycle of denying thousands of specific allegations and the story gets all about that. As others have said when you get involved with a troll and try and trade "facts" you lose, because they drag you down to their level and beat you with experience.
It looks like Biden has dropped a major *******.....Getting Trumps name mixed up
with George Bush. Saying "4 more years of George"
www.dailymail.co.uk
with George Bush. Saying "4 more years of George"
Biden appears to confuse Trump and Bush as he calls president 'George'
Joe Biden on Sunday evening hosted a virtual concert to rally support, and said the US needed to stop 'four more years of George' - apparently mixing up Trump and George W. Bush.
Thank God we never joined the Euro eh?
This from a friend of mine (OG will work it out but as usual will ignore the message and shoot the messenger):
"It’s possible to argue that this following is projecting a little too much onto just the monetary system of the remnant European Union. It’s also more sensible to agree that yes, the recent troubles could have been and in some places were solved by monetary policy and thus if they’ve not been solved then monetary policy is indeed to blame. And the one thing about a single currency area is that you do have to have that one monetary policy.
So, that remnant EU, the UK and the US all got hit by the virus at about the same time. Locked down at about the same time, have been learning how to recover for the same length of time and so on.
Standard Keynesianism tells us that in that sort of extremis shovel the money out the door. Nope, not so that people may live while they cower indoors. That’s nice, sure, but isn’t the point. If nothing is being produced then more money doesn’t solve that problem.
What does matter is consumer confidence. That paradox of thrift stuff. If we’re – entirely rationally- worried about the future then we’ll hunker down and save our groats and farthings. This, in and of itself, produces the future to be worried about as the absence of consumer spending crashes the economy. So, something must be done. We can be more old school Keynes and go build bridges but that takes time. Or more modern – and in according with St Milt – and just hand out the cash. Possibly even just telling the central bank to make the cash to hand out.
Which is what both the UK and US did. The US so much that incomes went up in lockdown. The savings rate hit 35%. Vast gobs of credit card debt were paid down (at something like a 65% of outstanding amount on an annualised basis). This all worked. So far, at least. Retail sales in both places are now above a year ago. GDP is roaring back (I’m a little optimistic in thinking that it’ll get back to within a couple of percent of February by November’s numbers but not all that optimistic). US unemployment is falling by half a percent of the labour force per week and more.
And now we’ve the latest forward looking numbers. The insight of a purchasing manager’s index is that everything that is made or done has to be made of something or done with or to something. So, if we go and ask the people who get the things which stuff will be made from or done to – purchasing managers – what they’re getting in today we gain an insight into what is going to happen to production. Compose a panel of a few hundred (perhaps 800), set the index so that more than 50 means expansion, less contraction and do this every month. This is a reading of what they’ve been doing but it becomes forward looking as a guide.
We have the US numbers:
Also note what 50 means. Not that anyone’s back to some previous level and then growing more. This is the change in activity from the previous month.
So, what’s happening here? The US, run by the Orange Oaf, is accelerating away into a bounteous recovery. The UK, with an independent central bank and monetary policy, is growing nicely although slower than it was. The eurozone, run by those most perfect technocrats helpfully insulated from any democracy, is still shrinking.
Isn’t that a strong and convincing argument for joining the euro? Especially since the result was the same the last time around after 2008/9. This isn’t specific to the virus, we’ve had two economic crises and both times the eurozone has done the worst of the three."
This from a friend of mine (OG will work it out but as usual will ignore the message and shoot the messenger):
"It’s possible to argue that this following is projecting a little too much onto just the monetary system of the remnant European Union. It’s also more sensible to agree that yes, the recent troubles could have been and in some places were solved by monetary policy and thus if they’ve not been solved then monetary policy is indeed to blame. And the one thing about a single currency area is that you do have to have that one monetary policy.
So, that remnant EU, the UK and the US all got hit by the virus at about the same time. Locked down at about the same time, have been learning how to recover for the same length of time and so on.
Standard Keynesianism tells us that in that sort of extremis shovel the money out the door. Nope, not so that people may live while they cower indoors. That’s nice, sure, but isn’t the point. If nothing is being produced then more money doesn’t solve that problem.
What does matter is consumer confidence. That paradox of thrift stuff. If we’re – entirely rationally- worried about the future then we’ll hunker down and save our groats and farthings. This, in and of itself, produces the future to be worried about as the absence of consumer spending crashes the economy. So, something must be done. We can be more old school Keynes and go build bridges but that takes time. Or more modern – and in according with St Milt – and just hand out the cash. Possibly even just telling the central bank to make the cash to hand out.
Which is what both the UK and US did. The US so much that incomes went up in lockdown. The savings rate hit 35%. Vast gobs of credit card debt were paid down (at something like a 65% of outstanding amount on an annualised basis). This all worked. So far, at least. Retail sales in both places are now above a year ago. GDP is roaring back (I’m a little optimistic in thinking that it’ll get back to within a couple of percent of February by November’s numbers but not all that optimistic). US unemployment is falling by half a percent of the labour force per week and more.
And now we’ve the latest forward looking numbers. The insight of a purchasing manager’s index is that everything that is made or done has to be made of something or done with or to something. So, if we go and ask the people who get the things which stuff will be made from or done to – purchasing managers – what they’re getting in today we gain an insight into what is going to happen to production. Compose a panel of a few hundred (perhaps 800), set the index so that more than 50 means expansion, less contraction and do this every month. This is a reading of what they’ve been doing but it becomes forward looking as a guide.
We have the US numbers:
We have the UK:Flash U.S. Composite Output Index at 55.5 (54.3
in September). 20-month high.
Flash U.S. Services Business Activity Index at
56.0 (54.6 in September). 20-month high.
September). 21-month high.
(53.1 in September). 2-month low.
And the eurozone:
Remember, services are about 8 times the size of manufacturing in these economies (only 4x for Germany) so it’s the services, or the composite, numbers that matter here.Flash Eurozone PMI Composite Output Index( 1)
at 49.4 (50.4 in September). 4-month low.
at 46.2 (48.0 in September). 5-month low.
Index(4) at 57.8 (57.1 in September). 32-month
high.
(3) at 54.4
(53.7 in September). 26-month high.
Also note what 50 means. Not that anyone’s back to some previous level and then growing more. This is the change in activity from the previous month.
So, what’s happening here? The US, run by the Orange Oaf, is accelerating away into a bounteous recovery. The UK, with an independent central bank and monetary policy, is growing nicely although slower than it was. The eurozone, run by those most perfect technocrats helpfully insulated from any democracy, is still shrinking.
Isn’t that a strong and convincing argument for joining the euro? Especially since the result was the same the last time around after 2008/9. This isn’t specific to the virus, we’ve had two economic crises and both times the eurozone has done the worst of the three."
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Quite
"Nothing has changed in 4 years, despite all the doom-mongers saying that the sky would fall in, so I don't expect noticeable change after January. "
Not very observant, are you??
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The autumn weather seems to be bringing them out for a last little frolic before the winter!
"The UK, with an independent central bank and monetary policy, is growing nicely although slower than it was. "
I like that, you don't often get comedy aboard a sinking ship, do you?
Yes it looks that way, but to the simple minded everything is simple. The segment is of course taken out of context. . Biden was being interviewed by a George Lopez using one of those Zoom type apps. Georges image had just dropped off the screen ,and Biden was reacting to that.It looks like Biden has dropped a major *******.....Getting Trumps name mixed up
with George Bush. Saying "4 more years of George"
Biden appears to confuse Trump and Bush as he calls president 'George'
Joe Biden on Sunday evening hosted a virtual concert to rally support, and said the US needed to stop 'four more years of George' - apparently mixing up Trump and George W. Bush.
By this time of course the USA has succeeded in bypassing the UKs death rate per 100,000 and those idiotic central European economies have kept their numbers below half of those. ...The first duty of a State is to protect the State by protecting its citizens..not by protecting the economy.
The notion that the eurozone is not democratic is riscible.
That's BS. Biden is senile and he forgot who his opponent is. Trying to feed the public the sort of excuse you allude to above will ensure that Trump wins again. They just need to say, yes, he forgot, humans have momentary memory slips.
I think the woman sat next to him is trying to prompt him to say Trump when he says George. From her lips, it looks like she says, "Trump! Trump! You ******* stupid old ****!"
Here's the clip, what do you think?
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Did you just call me simple minded?
Have you even watched the video?
Why did the lady at the side of him correct him saying "Trump" twice?
I have no axe to grind.....I wouldn't vote for either of them.
OG yet again showing his dislike of facts. The facts being the UK is doing better recovering from this COVID bo11ocks compared to the EU."The UK, with an independent central bank and monetary policy, is growing nicely although slower than it was. "
I like that, you don't often get comedy aboard a sinking ship, do you?
And bounced back each time to just as strong as before.
The first mistake you make is that the eurozone isn't only about the economy, for some eurocrats not even that. It has a greater future social purpose.
The second mistake you make is in not taking into account how much stronger the eurozone would have been had we joined it, instead of undermining it as we've done with the whole European project.
.
It's Democrat Desperation and it's hilarious. I really hope Trump wins. The man is a full on loon, but the Dems response is going to be so funny that it will be worth it.
Embarassing attempt my little irish potato picker,
Could well have been George Washington he had going through his head.
Funny.. why did the Chinese get it so wrong?. They thumped down on it very hard ,very quickly, very intently ..and now they only need to deal with minor sporadic outbreaks brought in by visitors. So they have retained their economy , maintained their infrastructure , . So lets talk about dumb.
Without people there is no economy. It is the half assed way we in the West are dealing with this that is killing people AND the economy.
You are going to be so embarrassed when Biden wins.
The American public can certainly act daft at times, as witness Trump being president, but they do learn.
I'm sure you know the old adage, "You can fool some of the people all of the time or all of the people - - - - - - - - - - - - - - - - - - - - ".
.