Turn on thread page Beta

Public finances surplus is achieved! watch

    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by scrotgrot)
    But you don't actually have an argument for why he's wrong, do you? Exaggerated for effect, certainly, but aside from that what he described is actually what is happening.

    Just like you didn't have an argument to support why we are so much like Greece. All you can do, like all Tories, is call it nonsense and expect everyone to agree with you. Ypu have not presented a shred of evidence or argument to suggest that you understand the first thing about basic accounting, economics or the public finances beyond the rubbish put about by the popular media.

    You said I don’t understand why the debt has gone up under the Tories - enlighten me, why did it go up then? Let me guess, something to do with "clearing up Labour's mess"?
    This has already been explained twice. You just prove my point-you really are an idiot.

    What did you want the Tories to do? Reduce the deficit instantly and leave the NHS, schools, etc unable to deal with the huge change?

    The Tories are slated for making cuts and then the same people slate them for not cutting fast enough. Only the left on TSR could make such stupid points. I think I have good reason to not bother reading what they post and your post above has just proven it.
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by illegaltobepoor)
    I think this guy is just a 2nd year apprentice who has began earning a few pounds above min wage but to him hes on top of the world.
    I think (well, actually, know) you are a scrounger who has begun posting rubbish on TSR comparing the Tories to Nazis all because they cut your benefits.

    Really, get a job. If you are well enough to sit in front of a computer posting on TSR all day I'm pretty sure you are well enough to get an office job.

    You and scrotgrot are hilarious. You really think I am going to waste my time debating economics with you? The reality I deal with finance in my job, and therefore don't do it in my personal life.

    You lot on the other hand have no one in the real world who values your views so you just go on TSR and talk your rubbish before claiming superiority over those who work in the real world.

    The very definition of keyboard warriors. Some do in real life. Others shun the opportunity to do in real life so they can do so on TSR...

    No thanks. Invitation to your keyboard warrior group rejected.
    Offline

    16
    ReputationRep:
    (Original post by i<3milkshake)
    Nothing convenient about it. These people have just proven they are utter morons.

    On this thread alone;

    1) People doubt the Tories getting a majority.
    2) Someone didn't understand why the national debt had increased under the Tories.
    3) Someone believed the Nazis were kinder to the disabled than the Nazis. They also go off on weird rants.
    4) Someone said that if you eat beef you can't be against immigration. For some reason a country cannot have laws that restrict people who wish to enter if it has people who eat steak.

    It isn't "convenient" at all. Just a massive waste of my time even bothering trying to listen to such people. Like I said, I can't be bothered to read their posts (illegaltobepoor in particular) when they make irrelevant and/or plain stupid points. The above four in this thread alone. The left on this forum are really not worth even really replying to sadly.
    Frankly there is no point reading any of your posts either, you might just as well link us to the Daily Mail article on the subject. Your views do not seem to be backed up by any empirical facts or cogent argument and you have a very superficial understanding of money and economics. You are refusing to engage with anything which challenges your comfortable worldview by fixating on the particulars of analogies and illustrations made as part of the other people's arguments rather than attempting to read and engage with the underlying ideas.

    Basically, if you can't stand the heat, get out of the kitchen! BUT WE'RE NOT IN A KITCHEN OMG OMG IM NOT READING ANY FURTHER

    I'd still LOVE to hear why we're so much like Greece, by the way. Literally anyone working in finance should be conversant with the reasons why this isn't true, unless by working in finance you mean you're a bank teller or you're in charge of the village hall biscuit tin.
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by scrotgrot)
    Frankly there is no point reading any of your posts either, you might just as well link us to the Daily Mail article on the subject.
    I don't read the DM.
    Your views do not seem to be backed up by any empirical facts or cogent argument and you have a very superficial understanding of money and economics.
    When people can't even understand why the debt still increased under the Tories that shows them incapable of understanding anything more complex. See my explanation of how actually governments were to blame as well for the crash. That was my last post educating you lot-I'm not your teacher and like I said I talk about this stuff at work.

    You are refusing to engage with anything which challenges your comfortable worldview by fixating on the particulars of analogies and illustrations made as part of the other people's arguments rather than attempting to read and engage with the underlying ideas.
    I am happy to engage with people who don't spout the rubbish I have quoted on this thread. I am not going to engage with stupidity and I don't care if you expect me to/

    Basically, if you can't stand the heat, get out of the kitchen! BUT WE'RE NOT IN A KITCHEN OMG OMG IM NOT READING ANY FURTHER
    Yeah, I can't stand the heat from the intellectual might of you lot...
    Sure. I admit it. Your superior intellect has bamboozled me.

    Well actually I have explained to you many times for example why the Tories saw the debt increase. This is fact. And you hypocritically criticise cuts but also criticise them not making more cuts. I can't be bothered educating you. I also can't be bothered with the people who deny the Tory majority.

    Simply put, don't talk absolute nonsense and I will actually reply. Go and read some of the posts I have quoted here to people in real life and see how they won't debate with you, they will just laugh at the stupidity of your views.

    Goodnight.
    Offline

    16
    ReputationRep:
    (Original post by i<3milkshake)
    Yeah, I can't stand the heat from the intellectual might of you lot...
    Sure. I admit it. Your superior intellect has bamboozled me.

    Well actually I have explained to you many times for example why the Tories saw the debt increase. This is fact. And you hypocritically criticise cuts but also criticise them not making more cuts. I can't be bothered educating you. I also can't be bothered with the people who deny the Tory majority.

    Simply put, don't talk absolute nonsense and I will actually reply. Go and read some of the posts I have quoted here to people in real life and see how they won't debate with you, they will just laugh at the stupidity of your views.

    Goodnight.
    I'm not sure what you're referring to when you say you've explained about the debt. Where?

    Why was rising debt under Labour during a growth phase (which didn't really happen anyway, it rose from 38% to 42% 2002-2007) Labour's fault while rising debt under the Tories during a growth phase (from 67% to 89%) was ... erm ... also Labour's fault?

    And Greece? What is your argument for why we were/are like Greece in any way? You've ignored this question twice now...

    What papers have you been reading to absorb this guff by the way? I bet it's the Telegraph - pretty much the paper for people who think they're smarter than everyone else because they have a job.
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by illegaltobepoor)
    So since packing in my Job as a trader of FOREX and Blue Chip stocks and becoming a student I am now within the ranks of the scroungers? I do love the Tory evaluation on society. Well I am happy to be a scrounger because us scroungers treat each other with the kind of compassion which cannot be brought and sold.

    So getting my student loan soon loaned to me by the Government. I'll be doing all the left-wing scrounger things like going on student protests etc.

    Oh and just to clarify a few things I am studying with the Open University for a year. This is because I clearly just want to stay home and watch Jeremy Kyle on the TV and sip Carlsberg special brew. I might even try and get on the show "Lazy ex Banker / new Student who sits in house all day and does nothing".

    You'd love it.

    ........... Anyway work harder us Scroungers depend on you!
    What I don't get about you, while I am talking about you, is that you are supposedly some big shot trader. However, rather than doing this and getting paid well you choose not to. I mean you are well enough to sit in front of a computer all day posting weird stuff on TSR so why can't you sit in front of a computer and get paid for it (e.g a job like you said you did)?

    Also, you say you are studying at the Open University. I assume you are doing it to help your job prospects. However, if you are already well qualified, educated and have experience in being a big baller shot caller trader WHY ON EARTH don't you go back to that? Why get an education for another job? It doesn't make sense. Well unless you are lying. THAT makes sense.

    And scrotgrot you want me to debate with this lot and be open to their ideas as I may learn something? No thankyou.
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by scrotgrot)
    I'm not sure what you're referring to when you say you've explained about the debt. Where?

    Why was rising debt under Labour during a growth phase (which didn't really happen anyway, it rose from 38% to 42% 2002-2007) Labour's fault while rising debt under the Tories during a growth phase (from 67% to 89%) was ... erm ... also Labour's fault?

    And Greece? What is your argument for why we were/are like Greece in any way? You've ignored this question twice now...

    What papers have you been reading to absorb this guff by the way? I bet it's the Telegraph - pretty much the paper for people who think they're smarter than everyone else because they have a job.

    I don't really read the Telegraph. However, those that don't have a job tend to be a bit thick. I mean go to your local job center and see how intelligent, or not, the people are.

    Actually, since you make a statement like the one in bold, I take it you DO in fact visit the job center very often.

    "Smarter than everyone else just because they have a job". You know many people have a job? Your family may be unemployed and someone getting a job might be rare but in the real world having a job isn't something that special. That you think it is speaks volumes about you.


    As much as you hate it;
    1) Intelligent people tend to have a good education. If not, they will still be intelligent and therefore be of benefit to an employer.

    2) Said employer will want the skills this intelligent person wants as they can make them money. They will be paid for this as it is only fair-you help make money you get some to.

    3) The more intelligent the more people want you and the more you are paid. This only applies to jobs that require an education so not footballers or prostitutes say.

    An umemployed person;
    1) Isn't well educated.
    2) Is therefore not of use to an employer.
    3) has lots of free time to post on TSR and hypocritically slate the Tories and generally think they are better than other people just because they don't have a job.
    Like this guy;

    (Original post by illegaltobepoor)
    I think this guy is just a 2nd year apprentice who has began earning a few pounds above min wage but to him hes on top of the world.
    Nothing more hilarious than the unemployed showing job snobbery. (And no, I'm not an apprentice. Anyone with a degree cannot be one as employers won't get funding for taking such people on. Shows what an idiot this guy is thinking a person with two BA's can be an apprentice).

    (Original post by illegaltobepoor)
    So since packing in my Job as a trader of FOREX and Blue Chip stocks and becoming a student I am now within the ranks of the scroungers? I do love the Tory evaluation on society. Well I am happy to be a scrounger because us scroungers treat each other with the kind of compassion which cannot be brought and sold.

    So getting my student loan soon loaned to me by the Government. I'll be doing all the left-wing scrounger things like going on student protests etc.

    Oh and just to clarify a few things I am studying with the Open University for a year. This is because I clearly just want to stay home and watch Jeremy Kyle on the TV and sip Carlsberg special brew. I might even try and get on the show "Lazy ex Banker / new Student who sits in house all day and does nothing".

    You'd love it.

    ........... Anyway work harder us Scroungers depend on you!
    What I don't get about you, while I am talking about you, is that you are supposedly some big shot trader. However, rather than doing this and getting paid well you choose not to. I mean you are well enough to sit in front of a computer all day posting weird stuff on TSR so why can't you sit in front of a computer and get paid for it (e.g a job like you said you did)?

    Also, you say you are studying at the Open University. I assume you are doing it to help your job prospects. However, if you are already well qualified, educated and have experience in being a big baller shot caller trader WHY ON EARTH don't you go back to that? Why get an education for another job? It doesn't make sense. Well unless you are lying. THAT makes sense.

    And scrotgrot you want me to debate with this lot and be open to their ideas as I may learn something? No thankyou.
    Offline

    16
    ReputationRep:
    (Original post by i<3milkshake)
    What I don't get about you, while I am talking about you, is that you are supposedly some big shot trader. However, rather than doing this and getting paid well you choose not to. I mean you are well enough to sit in front of a computer all day posting weird stuff on TSR so why can't you sit in front of a computer and get paid for it (e.g a job like you said you did)?

    Also, you say you are studying at the Open University. I assume you are doing it to help your job prospects. However, if you are already well qualified, educated and have experience in being a big baller shot caller trader WHY ON EARTH don't you go back to that? Why get an education for another job? It doesn't make sense. Well unless you are lying. THAT makes sense.

    And scrotgrot you want me to debate with this lot and be open to their ideas as I may learn something? No thankyou.
    I can't pretend I'm not sceptical about I2BP's career history but it's sad, and telling of your position in the world, that you can't conceive of anyone caring about anything other than money and making as much of it for themselves as they can.

    Regardless of the truth or untruth of I2BP's persona I would suggest a "big baller shot caller" with any sort of higher cognition has seen the void that yawns once you have "arrived", wealth accumulation has been achieved, and you see how fake and made up it all is. Such a person is very likely to want to pursue something more worthwhile.

    You and most other people may be dazzled by the Emerald City but if you are one of those who has seen what is behind the curtain you are going to have some sort of existential crisis.

    And just lol that you think intelligence and education are the main reasons people get jobs. You should hit up Billydisco, you'd get on great
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by scrotgrot)
    I can't pretend I'm not sceptical about I2BP's career history but it's sad, and telling of your position in the world, that you can't conceive of anyone caring about anything other than money and making as much of it for themselves as they can.
    Where has this *******s come from? Not true. Just because i question people talking crap doesn't mean I only care about money.

    Regardless of the truth or untruth of I2BP's persona I would suggest a "big baller shot caller" with any sort of higher cognition has seen the void that yawns once you have "arrived", wealth accumulation has been achieved, and you see how fake and made up it all is. Such a person is very likely to want to pursue something more worthwhile.
    Great. Relevance to anything? Such absolute crap here. No one on this forum has the amount of money that can be called "arriving". Jesus.

    You and most other people may be dazzled by the Emerald City but if you are one of those who has seen what is behind the curtain you are going to have some sort of existential crisis.

    And just lol that you think intelligence and education are the main reasons people get jobs. You should hit up Billydisco, you'd get on great
    Well if it isn't intelligence and education what is it? (Actually I don't want to know. I really don't care for the people on this thread talking out their backsides).
    Offline

    16
    ReputationRep:
    (Original post by i<3milkshake)
    Well if it isn't intelligence and education what is it? (Actually I don't want to know. I really don't care for the people on this thread talking out their backsides).
    Traits like confidence, resilience, leadership, work ethic and so forth are far more valuable in most jobs than intelligence and education. I suppose there is a baseline level of intelligence that is demanded but I'd like to think we are all intelligent enough here to get a job with some career prospects.

    In terms of "arriving", I might clarify: an entry-level trader is in a position where they can expect that if they just let the tide take them they will have "arrived" in the future. A finance professional such as yourself should understand about the present value of future cash flows!
    Offline

    18
    ReputationRep:
    (Original post by scrotgrot)
    Traits like confidence, resilience, leadership, work ethic and so forth are far more valuable in most jobs than intelligence and education. I suppose there is a baseline level of intelligence that is demanded but I'd like to think we are all intelligent enough here to get a job with some career prospects.

    In terms of "arriving", I might clarify: an entry-level trader is in a position where they can expect that if they just let the tide take them they will have "arrived" in the future. A finance professional such as yourself should understand about the present value of future cash flows!
    He may be is a Quant Trader. I gave this up and moved towards a Computing career more aligned with Ecology. I'll explain this in my reply to him.

    Trouble with most Quant Traders is they enter algorithms into computers all day long and out pops the money. They are extremely detached from the real world and how money is made.

    As for normal Traders like myself our time has gone. You can't compete anymore with a Computer. A typical Bloomberg console with a finance professional is like a old Ford Escort vs a Spacecraft.
    Offline

    18
    ReputationRep:
    (Original post by i<3milkshake)
    What I don't get about you, while I am talking about you, is that you are supposedly some big shot trader. However, rather than doing this and getting paid well you choose not to. I mean you are well enough to sit in front of a computer all day posting weird stuff on TSR so why can't you sit in front of a computer and get paid for it (e.g a job like you said you did)?

    Also, you say you are studying at the Open University. I assume you are doing it to help your job prospects. However, if you are already well qualified, educated and have experience in being a big baller shot caller trader WHY ON EARTH don't you go back to that? Why get an education for another job? It doesn't make sense. Well unless you are lying. THAT makes sense.

    And scrotgrot you want me to debate with this lot and be open to their ideas as I may learn something? No thankyou.
    The problem you have is you and others on TSR do not understand the kind of person I am and where my agenda comes from.
    Well I am going to set it right out for you and you can mock me further if you wish.

    I am a Doomsday Prepper and I have been since the financial crash. It is my belief that the real crash is yet to come and the reality which you live in at the moment is nothing more than a market on life support.

    During the Great Depression every financial worker was out of a job. I don't want to be in that position. I am positioning myself into a market where me, my family and my friends can have a future.

    I don't want to be the banker jumping out of a building because of the fear of being hung off a lamp-post by a angry mob of banker haters.

    Speculation doesn't create any value. It is just one perception after another. Its a zero sum game where somebody wins and another person looses. You just pump and dump. Give people the illusion that a asset is worth something and by the time they work out its worth nothing they've already lost thousands of pounds.

    So which waters am I heading for? I notice that there is a perfect storm approaching due to population increase, more demand energy and food security. I'm interested in automated agriculture & tera forming and I am going down that path.

    Now you are not winning any argument's calling me or Scrotgot scroungers. The divide and conquer tactic is wearing thin and its only a matter of time till the masses resist. Take heed from how English Defense Leauge tried to scapegoat every Muslim as terrorist and now look at the EDL? Their leader did a turncoat and there nothing more than a joke now.

    So its your choice. Carry on or be a joke that no one remembers.
    • Thread Starter
    Offline

    2
    ReputationRep:
    (Original post by illegaltobepoor)
    The problem you have is you and others on TSR do not understand the kind of person I am and where my agenda comes from.
    Well I am going to set it right out for you and you can mock me further if you wish.

    I am a Doomsday Prepper and I have been since the financial crash. It is my belief that the real crash is yet to come and the reality which you live in at the moment is nothing more than a market on life support.

    During the Great Depression every financial worker was out of a job. I don't want to be in that position. I am positioning myself into a market where me, my family and my friends can have a future.

    I don't want to be the banker jumping out of a building because of the fear of being hung off a lamp-post by a angry mob of banker haters.

    Speculation doesn't create any value. It is just one perception after another. Its a zero sum game where somebody wins and another person looses. You just pump and dump. Give people the illusion that a asset is worth something and by the time they work out its worth nothing they've already lost thousands of pounds.

    So which waters am I heading for? I notice that there is a perfect storm approaching due to population increase, more demand energy and food security. I'm interested in automated agriculture & tera forming and I am going down that path.

    Now you are not winning any argument's calling me or Scrotgot scroungers. The divide and conquer tactic is wearing thin and its only a matter of time till the masses resist. Take heed from how English Defense Leauge tried to scapegoat every Muslim as terrorist and now look at the EDL? Their leader did a turncoat and there nothing more than a joke now.

    So its your choice. Carry on or be a joke that no one remembers.
    Again another rant that has little relevance to what has been said before. I'm not surprised.
    Offline

    2
    ReputationRep:
    (Original post by illegaltobepoor)
    The problem you have is you and others on TSR do not understand the kind of person I am and where my agenda comes from.
    Well I am going to set it right out for you and you can mock me further if you wish.

    I am a Doomsday Prepper and I have been since the financial crash. It is my belief that the real crash is yet to come and the reality which you live in at the moment is nothing more than a market on life support.

    During the Great Depression every financial worker was out of a job. I don't want to be in that position. I am positioning myself into a market where me, my family and my friends can have a future.

    I don't want to be the banker jumping out of a building because of the fear of being hung off a lamp-post by a angry mob of banker haters.

    Speculation doesn't create any value. It is just one perception after another. Its a zero sum game where somebody wins and another person looses. You just pump and dump. Give people the illusion that a asset is worth something and by the time they work out its worth nothing they've already lost thousands of pounds.

    So which waters am I heading for? I notice that there is a perfect storm approaching due to population increase, more demand energy and food security. I'm interested in automated agriculture & tera forming and I am going down that path.

    Now you are not winning any argument's calling me or Scrotgot scroungers. The divide and conquer tactic is wearing thin and its only a matter of time till the masses resist. Take heed from how English Defense Leauge tried to scapegoat every Muslim as terrorist and now look at the EDL? Their leader did a turncoat and there nothing more than a joke now.

    So its your choice. Carry on or be a joke that no one remembers.
    There will be another collapse soon.
    Offline

    18
    ReputationRep:
    (Original post by DarrenBCFC)
    There will be another collapse soon.
    There is so many people thinking this economy on life support is normal. They are sheep being led to the slaughter. The worst thing is most people on TSR (including milkshake/billy disco) are highly intelligent people.

    I really doubt the Bank of England is going to rise interest rates. It is the same rubbish Ben Bernanke has been spouting on about for years. I mean look at Yellen now. They claim there going to rise interest rates. They know that its going to cause the US economy to go into recession. They are going to need another big excuse to put interest rates back down when the US stock market starts declining.

    If you want to make some big money I would get ready to short the dow jones. Start watching stocks now because its going to be one hell of a decline. It will be so random that you won't see it coming.

    Make lets say £50,000-£100,000 and move to the countryside and get prepping. This is going to start to get real!

    Offline

    2
    ReputationRep:
    (Original post by illegaltobepoor)
    There is so many people thinking this economy on life support is normal. They are sheep being led to the slaughter. The worst thing is most people on TSR (including milkshake/billy disco) are highly intelligent people.

    I really doubt the Bank of England is going to rise interest rates. It is the same rubbish Ben Bernagnke has been spouting on about for years. I mean look at Yellen now. They claim there going to rise interest rates. They know that its going to cause the US economy to go into recession. They are going to need another big excuse to put interest rates back down when the US stock market starts declining.

    If you want to make some big money I would get ready to short the dow jones. Start watching stocks now because its going to be one hell of a decline. It will be so random that you won't see it coming.

    Make lets say £50,000-£100,000 and move to the countryside and get prepping. This is going to start to get real!

    I have read a theory that every 7 years there is a disaster somewhere in the world
    Offline

    18
    ReputationRep:
    (Original post by DarrenBCFC)
    I have read a theory that every 7 years there is a disaster somewhere in the world
    Your talking about the Shemitah. Its a religious obligation of Jews and Christians to forgive the debt of their family, neighbors and friends of whom are the same religion. There is no obligation to the foreigner or stranger.

    This is going to take place with the Federal Reserve raising interest rates.

    What you might see is borrowing costs shoot up along with inflation in some areas.
    Offline

    2
    ReputationRep:
    (Original post by illegaltobepoor)
    Your talking about the Shemitah. Its a religious obligation of Jews and Christians to forgive the debt of their family, neighbors and friends of whom are the same religion. There is no obligation to the foreigner or stranger.

    This is going to take place with the Federal Reserve raising interest rates.

    What you might see is borrowing costs shoot up along with inflation in some areas.
    its accurate though 2008 economic bust
    2001 share prices dropped both here and in the Us after 911
    1994 could not find any reason why they dropped but still did significantly in the ftse100 between September and October
    1987 the crash of black monday
    Offline

    18
    ReputationRep:
    (Original post by DarrenBCFC)
    its accurate though 2008 economic bust
    2001 share prices dropped both here and in the Us after 911
    1994 could not find any reason why they dropped but still did significantly in the ftse100 between September and October
    1987 the crash of black monday
    You might hate me for saying this but I believe a economic reset is necessary. We use to take this seriously and obey God's rules such as not eating flesh during lent. Don't be surprised if something random happens in the market because we deserve it.

    The crony capitalists need to be punished for their sins!
    Offline

    18
    (Original post by illegaltobepoor)
    You might hate me for saying this but I believe a economic reset is necessary. We use to take this seriously and obey God's rules such as not eating flesh during lent. Don't be surprised if something random happens in the market because we deserve it.

    The crony capitalists need to be punished for their sins!
    Sorry, but nobody needs to be punished for sins against your god.
 
 
 
Poll
Do protests make a difference in political decisions?
Useful resources

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.