OT: Recession Coming

[Mike Tomlinson]

Oh, AEP is a scream. That's why I called him Chicken Little.

[Cursitor Doom]

September 1992? When Lamont was trying to keep us in the ERM? That only lasted 2 days. There was way worse back in the 70s under Labour's 'arold Wilson and Sunny Jim.

[Tim Watts]

It's bollocks anyway - China's having a wibble so everyone in London poops themselves.

It IS a recession where there are no jobs. Right now, the job market is pretty healthy.

If I were PM, I'd get rid of all the stock trading computers and make everything go back to open outcry and brokers - that at least puts a nice big damper on things plus it puts humans properly back in the equation instead of algorithms.

[kipg]

And the only effect of that would be to see virtually all share trading move to somewhere else.

Not when it all moves to somewhere else.

Not when it all moves to somewhere else.

[Adrian]

And that, of course, is what these neo-isolationists (even if they don't realise that's what they are) forget.

It's the same as the Port Talbot steelworks huff.

"Oooh, we should subsidise and keep them open" Well, hold on one minute. Tata is losing £1m/day between the two plants, employing 1,000 people.

That's £365m/yr, or £365k/yr/job.

Now, how long would you like to subsidise that? And how many other similar "worthy" businesses?

"Oooh, we should put import tariffs" Ooookay. So import tariffs are put in place, raising the price of Chinese steel to the same as domestic steel. But that's just put the cost of manufacture up for a whole raft of industries, not least the one that's just announced record exports of UK-manufactured cars.

[Huge]

[Mike Tomlinson]

En el artículo , kipg escribió:

Fuck off, Rod.

[Cursitor Doom]

Ha ha ha! Since I KF'd RS all I see of his ravings now is other people telling him to f*ck off. It's truly heartwarming. :-D

[Mike Tomlinson]

En el artículo , Cursitor Doom escribió:

He morphs to avoid killfiles. I have a KF rule that catches them all, but pick up one of his posts now and then to see if he's still behaving like a rabid wombat. Naturally, he is.

He's been infesting usenet for years and years.

Some recent nyms:

"" "John James" "Simon Brown" "Jacko" "Simon263" "John Chance" "Ratsack" "Hank" "kshy" "JHY" "Blano" "Santo Brown" "hqhy" "Jim Thomas" "Sam Thatch" "Hanny Z" "78lp" "John Jackson" "Ranger" "jack" "Mike Lander" "879" "James Green" "kipg"

[Tim Lamb]

In message , Mike Tomlinson writes

Will it work in Turnpike?

[Mike Tomlinson]

En el artículo , Tim Lamb escribió:

If I post it here, he'll use the info to circumvent it.

Yes.

[Tim Lamb]

In message , Mike Tomlinson writes

Mail addy works and I can keep a secret:-)

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