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Ultra This is Ma' Life!
Joined: 29 Sep 2009 Posts: 652
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Posted: Tue Nov 03, 2009 11:47 am Post subject: |
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| Alasdair wrote: | | landg wrote: | 2 words that should make any sensible minded person shy away from legalising current illicit substances.
alcohol and tobaco.
we can't even do them right and we should add to the list?
f***ing insane. |
The real problem with alcohol and cigarettes is a failure to appropriately control them, personally I doubt the veracity of the arguement that there would be a large black market for cigarettes in the long term I doubt the same could be said for alcohol.
Ultimately cigarettes probably will be banned on public health grounds. Alcohol is a different matter and attempts are currently being made to reduce availability without moving towards a ban. Alcohol prohibition is a non-starter, but stricter control is entirely plausible without increasing the risk illegal trading.
I can't say I'm in favour of the liberalisation of drug control, although I'm not sure I'm entirely against it either. Earlier in the thread someone highlights the dangers of illegal drugs in regard to what they may be cut or mixed with, at least if certain 'softer' drugs were available via a strictly controlled licencing scheme then the consumer would have some level of certain in regard to purity and we'd also remove a major revenue stream for 'gangsters' who are also involved in much more vile criminal activities.
The other advantage would be that the government could slap a massive tax levy on them!
The real problem of legalisation can already be seen in relation to alcohol, as landg alludes to, although this is borne of cultural issues and more specifically a failure to adequately control the availability.
As I say, I'm really on the fence on this one. |
Do you think gangsters who have millions of pounds worth of stock sitting somewhere are just going to disappear?
Or maybe they could just set up legitimate businesses when drugs are legalized?
Alcohol and cigarettes are already taxed. Doesn't stop a black market operating and no tax being paid on them. Doesn't stop whisky lorries being hi-jacked on a weekly basis. Most gangsters prefer these markets than drugs as the penalties if you get cuaght are far less.
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Alasdair Our Scotland = 2nd Job!

Joined: 01 May 2008 Posts: 1021
Location: Clydesdale
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Posted: Tue Nov 03, 2009 2:16 pm Post subject: |
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| Ultra wrote: | | Do you think gangsters who have millions of pounds worth of stock sitting somewhere are just going to disappear? |
No, I imagine they would either attempt to leak it into the legitimate business, I would expect safeguards to be put into place to protect against such issues. Safeguards already exist in the phramacutical, drink and food industries to protect against contamination, similar measures might be appropriate in a legalised system.
TBH, though I imagine production in the UK is worked on a JIT basis avoiding the need to store large quanities of stock.
| Ultra wrote: | Or maybe they could just set up legitimate businesses when drugs are legalized? |
Well, we'd hope that such people where they hav ebeen previously identified would be excluded from being involved in the industry, wouldn't we?
| ultra wrote: | | Alcohol and cigarettes are already taxed. Doesn't stop a black market operating and no tax being paid on them. Doesn't stop whisky lorries being hi-jacked on a weekly basis. Most gangsters prefer these markets than drugs as the penalties if you get cuaght are far less. |
Well that's an enforcement and judicial issue really isn't it.
However, I'm going to go out on a limb and suggest that the black market in these goods is far smaller than it would be if these legitimate markets did not exist. _________________ My blog - http://manaboutthehouse.wordpress.com
My arts and crafts site http://madestuff.co.uk |
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Aventinian 1 Strike
Joined: 10 Dec 2005 Posts: 5558
Location: Oh, I get about a bit.
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Posted: Tue Nov 03, 2009 3:02 pm Post subject: |
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| Ultra wrote: | | Do you think gangsters who have millions of pounds worth of stock sitting somewhere are just going to disappear? |
Ultimately, yes. The exist to exploit organised crime - simple market forces. If there's no money to be made in that, then they will disappear, just like - for example - clothing repair shops have in so many towns throughout the country.
| Quote: | | Or maybe they could just set up legitimate businesses when drugs are legalized? |
I suppose they could. Good on them.
| Quote: | | Alcohol and cigarettes are already taxed. Doesn't stop a black market operating and no tax being paid on them. Doesn't stop whisky lorries being hi-jacked on a weekly basis. Most gangsters prefer these markets than drugs as the penalties if you get cuaght are far less. |
Indeed, that's because they are taxed to a ridiculous and price-distorting level. I think alcohol and tobacco duty is morally indefensible. I would not seek to have such a distortion for drugs, if they were legalised. However, of course, these things are rather harder to import than cigarettes and illicit booze, reducing the potential profit margins. |
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Shagpile This is Ma' Life!
Joined: 03 Jan 2006 Posts: 794
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Posted: Wed Nov 04, 2009 8:13 pm Post subject: |
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| Aventinian wrote: | | Ultra wrote: | | Do you think gangsters who have millions of pounds worth of stock sitting somewhere are just going to disappear? |
Ultimately, yes. The exist to exploit organised crime - simple market forces. If there's no money to be made in that, then they will disappear, just like - for example - clothing repair shops have in so many towns throughout the country.
| Quote: | | Or maybe they could just set up legitimate businesses when drugs are legalized? |
I suppose they could. Good on them.
| Quote: | | Alcohol and cigarettes are already taxed. Doesn't stop a black market operating and no tax being paid on them. Doesn't stop whisky lorries being hi-jacked on a weekly basis. Most gangsters prefer these markets than drugs as the penalties if you get cuaght are far less. |
Indeed, that's because they are taxed to a ridiculous and price-distorting level. I think alcohol and tobacco duty is morally indefensible. I would not seek to have such a distortion for drugs, if they were legalised. However, of course, these things are rather harder to import than cigarettes and illicit booze, reducing the potential profit margins. |
Good post Aventinian...... spot on!
Gordon Brown created a black market, more profitable to the smugglers than illicit drugs. A lot of honest, law abiding and hard working people have had their private cars ceased by customs because the were 'over the limit' returning from their "booze cruise". |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sat Nov 07, 2009 11:45 pm Post subject: |
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Brown snubbed by everybody in the world that counts.
He wanted to put his unworkable tax on financial transactions into the conference in st Andrews and all the financial ministers that count basically said, "silly boy, be quiet".
The Brit Nats score another zero here. Brown thinks of himself as 'SuperBritNat'. The Brit Nats do live in dreamlands of empire's lost.
Oh, and Darling is defining £5 billion in spending cuts in April. Hot on the heels of massive debt levels (the biggest of any developed nation in Europe', huge unemployment, recession entrenched and so on and on.
GB Plc. is in administration it just doesn't want to admit it. _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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Ultra This is Ma' Life!
Joined: 29 Sep 2009 Posts: 652
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Posted: Sat Nov 07, 2009 11:51 pm Post subject: |
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| Stevie wrote: | Brown snubbed by everybody in the world that counts.
He wanted to put his unworkable tax on financial transactions into the conference in st Andrews and all the financial ministers that count basically said, "silly boy, be quiet".
The Brit Nats score another zero here. Brown thinks of himself as 'SuperBritNat'. The Brit Nats do live in dreamlands of empire's lost.
Oh, and Darling is defining £5 billion in spending cuts in April. Hot on the heels of massive debt levels (the biggest of any developed nation in Europe', huge unemployment, recession entrenched and so on and on.
GB Plc. is in administration it just doesn't want to admit it. |
Biggest debt of any developed nation? Prove it Stevie.
Huge unemployment? The US has 10% just now. What's the UK's? Ireland's? Scotland is even higher than that the rest of the UK.
None of the above affects you as you don't live here or contribute taxes. So why comment?
Is the grass not greener in France Stevie? |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sat Nov 07, 2009 11:56 pm Post subject: |
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In Europe.
You know it's the case. Biggest personal debt as well with the lowest level of savings.
Actually, the USA is the only country worse off. You'll get the proof very soon with the Darling spending cuts in April, followed rapidly by D Cam's NHS spending cuts (and many more to follow). _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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Ultra This is Ma' Life!
Joined: 29 Sep 2009 Posts: 652
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Posted: Sun Nov 08, 2009 12:04 am Post subject: |
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| Stevie wrote: | In Europe.
You know it's the case. Biggest personal debt as well with the lowest level of savings.
Actually, the USA is the only country worse off. You'll get the proof very soon with the Darling spending cuts in April, followed rapidly by D Cam's NHS spending cuts (and many more to follow). |
Prove it. Supply some evidence?
What about the SNP spending cuts already announced Stevie? Would you like to comment on those? |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sun Nov 08, 2009 12:07 am Post subject: |
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| Quote: | £2trillion - the terrifying total of our national debt... that's £33,000 for every man, woman and child in Britain
Prudent? Gordon Brown
The staggering total of Britain's national debt was laid bare yesterday - at least £2trillion.
That represents £33,000 for every man, woman and child in the country.
Bank bailouts will send debt 'off the Richter scale' at a staggering 147 per cent of national income, the worst figure since 1954 and one of the highest in the developed world.
The figures came from the independent Office of National Statistics, which said it was adding giant liabilities from two part-nationalised banks - estimated at between £1trillion and £1.5trillion - to existing debts.
The decision is a shattering blow to Labour's reputation for economic competence and is likely to anger ministers, who argue taxpayers are never likely to have to pay back such sums.
Official debt figures had already shown public borrowing spiralling to a new record, reaching £67.2billion between last April and January. The deepening recession also led to a £7billion fall in the amount of tax paid by individuals and businesses last month, compared to January 2008, leaving a yawning black hole in Government finances.
The shattering calculations came as the Bank of England's deputy governor said there was a 'serious risk' of a decade-long downward spiral of the kind that crippled Japan in the 1990s.
Sir John Gieve, who leaves the Bank at the end of the month, said the way the authorities handled the collapse of Northern Rock 'may have owed more to John Sergeant than Fred Astaire'.
Gordon Brown, meanwhile, admitted the country had been 'brought low' by an 'economic hurricane' affecting the whole world.
Opposition MPs accused the Prime Minister of driving Britain towards bankruptcy and called for emergency reductions in Government spending.
Britain's leading business organisation, the CBI, launched an extraordinary attack on the Government's recovery plans, saying there was 'little sense of a coherent strategy'.
It said: 'The Government appears to have been fighting a series of forest fires rather than building a platform for economic recovery.'
Enlarge national debt panel
Sir John said that action being taken by the authorities meant a Japan-style downturn was not inevitable, but it was 'a serious risk'.
He also said Mr Brown's decision to order the Bank to use a measure of inflation that excludes housing costs had 'done us no favours' when it came to controlling the house-price bubble.
City experts said bringing the public finances back into order would mean cutting public spending by at least £60billion - around ten per cent - in 2014, and by £100billion by 2020, as well as big tax rises.
The Treasury has injected billions of pounds into the Royal Bank of Scotland and Lloyds Banking Group to save them from collapse.
The ONS says that because the Government is able to control their corporate policies, they must now be considered public bodies.
That means national debt is officially at it worst levels since 1954, the year rationing finally came to an end. Even excluding the liabilities of the part-nationalised banks, public sector debt is the highest since Britain's last great financial crisis under Labour in 1977/8.
Experts said borrowing would hit £87billion this year, shattering Chancellor Alistair Darling's optimistic forecasts.
Net debt as a proportion of national income, supposed to stay below 40 per cent under the Government's now-abandoned 'golden rules', reached 47.8 per cent last month.
Enlarge Mahood cartoon
The International Monetary Fund put America's net government debt at 46 per cent of GDP in 2008. Germany's was 56 per cent, France's 55 per cent and Canada's 22.5 per cent.
Those figures do not include the impact of their own bank bailouts, however.
Mr Brown admitted: 'Britain, the rest of Europe, America and now the rest of the world have been brought low by an economic hurricane nobody could have predicted.
'Governments are having to take action to stabilise the financial system. National action alone is not going to be enough.'
He was speaking in Rome after talks with Italian premier Silvio Berlusconi, who chairs the G8 group of industrialised nations.
The Tories said the figures were 'just the beginning' of the debt crisis.
Shadow business secretary Kenneth Clarke said: 'We are beginning to go off the Richter scale in terms of the British experience.
'We are only beginning to see the full extent of the indebtedness that's going to pile up and have to be dealt with once the recovery gets under way.'
The former Chancellor said Mr Darling should urgently bring forward a planned public spending slowdown.
'He should be slowing down the growth of public spending to the levels he's admitted he's going to have to reduce them to the year after,' he said.
'I'm sure Gordon Brown told him "no, no, no more restraint in public spending on top of what we've already done this side of an election". Gordon wants to buy a few votes.
'But the voters are going to have to pay the interest on all this mounting debt. This is a time for public sector restraint.'
Richard Lambert, director general of the CBI, said: ''There's little sense of a coherent strategy about what's happened to date. It's hard to remember - let alone distinguish between - the welter of initiatives launched in the past couple of months. The big ones that could really make a difference have got lost in a thicket of much less ambitious announcements.
'There's not nearly enough precision about when all this noise is going to get converted into action.'
Treasury minister Angela Eagle insisted that slowing spending would be 'a recipe for complete disaster'. She said: 'We are unashamedly sustaining public expenditure, at a time when there is a global economic downturn, to support the economy'.
● The head of the IMF, Dominique Strauss-Kahn, has warned that the world economy may perform even worse than his forecasters said just three weeks ago.
Read more: http://www.dailymail.co.uk/news/a...-child-Britain.html#ixzz0WDoiupLf |
GB Plc is a broken mess. And you know this already I would hope. _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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Ultra This is Ma' Life!
Joined: 29 Sep 2009 Posts: 652
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Posted: Sun Nov 08, 2009 12:21 am Post subject: |
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| Stevie wrote: | | Quote: | £2trillion - the terrifying total of our national debt... that's £33,000 for every man, woman and child in Britain
Prudent? Gordon Brown
The staggering total of Britain's national debt was laid bare yesterday - at least £2trillion.
That represents £33,000 for every man, woman and child in the country.
Bank bailouts will send debt 'off the Richter scale' at a staggering 147 per cent of national income, the worst figure since 1954 and one of the highest in the developed world.
The figures came from the independent Office of National Statistics, which said it was adding giant liabilities from two part-nationalised banks - estimated at between £1trillion and £1.5trillion - to existing debts.
The decision is a shattering blow to Labour's reputation for economic competence and is likely to anger ministers, who argue taxpayers are never likely to have to pay back such sums.
Official debt figures had already shown public borrowing spiralling to a new record, reaching £67.2billion between last April and January. The deepening recession also led to a £7billion fall in the amount of tax paid by individuals and businesses last month, compared to January 2008, leaving a yawning black hole in Government finances.
The shattering calculations came as the Bank of England's deputy governor said there was a 'serious risk' of a decade-long downward spiral of the kind that crippled Japan in the 1990s.
Sir John Gieve, who leaves the Bank at the end of the month, said the way the authorities handled the collapse of Northern Rock 'may have owed more to John Sergeant than Fred Astaire'.
Gordon Brown, meanwhile, admitted the country had been 'brought low' by an 'economic hurricane' affecting the whole world.
Opposition MPs accused the Prime Minister of driving Britain towards bankruptcy and called for emergency reductions in Government spending.
Britain's leading business organisation, the CBI, launched an extraordinary attack on the Government's recovery plans, saying there was 'little sense of a coherent strategy'.
It said: 'The Government appears to have been fighting a series of forest fires rather than building a platform for economic recovery.'
Enlarge national debt panel
Sir John said that action being taken by the authorities meant a Japan-style downturn was not inevitable, but it was 'a serious risk'.
He also said Mr Brown's decision to order the Bank to use a measure of inflation that excludes housing costs had 'done us no favours' when it came to controlling the house-price bubble.
City experts said bringing the public finances back into order would mean cutting public spending by at least £60billion - around ten per cent - in 2014, and by £100billion by 2020, as well as big tax rises.
The Treasury has injected billions of pounds into the Royal Bank of Scotland and Lloyds Banking Group to save them from collapse.
The ONS says that because the Government is able to control their corporate policies, they must now be considered public bodies.
That means national debt is officially at it worst levels since 1954, the year rationing finally came to an end. Even excluding the liabilities of the part-nationalised banks, public sector debt is the highest since Britain's last great financial crisis under Labour in 1977/8.
Experts said borrowing would hit £87billion this year, shattering Chancellor Alistair Darling's optimistic forecasts.
Net debt as a proportion of national income, supposed to stay below 40 per cent under the Government's now-abandoned 'golden rules', reached 47.8 per cent last month.
Enlarge Mahood cartoon
The International Monetary Fund put America's net government debt at 46 per cent of GDP in 2008. Germany's was 56 per cent, France's 55 per cent and Canada's 22.5 per cent.
Those figures do not include the impact of their own bank bailouts, however.
Mr Brown admitted: 'Britain, the rest of Europe, America and now the rest of the world have been brought low by an economic hurricane nobody could have predicted.
'Governments are having to take action to stabilise the financial system. National action alone is not going to be enough.'
He was speaking in Rome after talks with Italian premier Silvio Berlusconi, who chairs the G8 group of industrialised nations.
The Tories said the figures were 'just the beginning' of the debt crisis.
Shadow business secretary Kenneth Clarke said: 'We are beginning to go off the Richter scale in terms of the British experience.
'We are only beginning to see the full extent of the indebtedness that's going to pile up and have to be dealt with once the recovery gets under way.'
The former Chancellor said Mr Darling should urgently bring forward a planned public spending slowdown.
'He should be slowing down the growth of public spending to the levels he's admitted he's going to have to reduce them to the year after,' he said.
'I'm sure Gordon Brown told him "no, no, no more restraint in public spending on top of what we've already done this side of an election". Gordon wants to buy a few votes.
'But the voters are going to have to pay the interest on all this mounting debt. This is a time for public sector restraint.'
Richard Lambert, director general of the CBI, said: ''There's little sense of a coherent strategy about what's happened to date. It's hard to remember - let alone distinguish between - the welter of initiatives launched in the past couple of months. The big ones that could really make a difference have got lost in a thicket of much less ambitious announcements.
'There's not nearly enough precision about when all this noise is going to get converted into action.'
Treasury minister Angela Eagle insisted that slowing spending would be 'a recipe for complete disaster'. She said: 'We are unashamedly sustaining public expenditure, at a time when there is a global economic downturn, to support the economy'.
● The head of the IMF, Dominique Strauss-Kahn, has warned that the world economy may perform even worse than his forecasters said just three weeks ago.
Read more: http://www.dailymail.co.uk/news/a...-child-Britain.html#ixzz0WDoiupLf |
GB Plc is a broken mess. And you know this already I would hope. |
So Stevie infact what you have done here is post evidence that the GDP % of debt for France and Germany is higher than the UK.
This is another topic you know nothing about as France and Germany have more % debt than the UK. So the UK does not have the highest debt in Europe nevermind the developed world as you claim.
Also, the graph in the article shows that Thatcher's Government had the debt under control.
The article also tell you that if the Government do indeed sell off the banks, they will no longer control the banks, the banks will no longer be classed as public organizations, and the % GDP will fall once the bank debt is deducted.
Stevie spinning into oblivion.... |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sun Nov 08, 2009 1:16 am Post subject: |
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France and Germany are not in debt like the Uk, and they certainly don't have the personal debt at such high interest rates and they're not in recession.
Dream on. _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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Ultra This is Ma' Life!
Joined: 29 Sep 2009 Posts: 652
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Posted: Sun Nov 08, 2009 1:58 am Post subject: |
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| Stevie wrote: | France and Germany are not in debt like the Uk, and they certainly don't have the personal debt at such high interest rates and they're not in recession.
Dream on. |
I don't need to dream on. Why don't you provide evidence to back up your utterings?
Why post an article you haven't read Stevie?
The article states France and Germany have a higher % debt GDP than the UK.
I have explained why taking the Government owned banks into account would inflate the UK GDP % Debt and equally how this % would reduce when the banks are sold off and are public owned again. Another point you seem to have missed is that other European countries bailed out their banks too. So this will affect their GDP % Debt also.
The thing with debt is it only becomes a problem when you don't pay it back or interest rates increase substantially.
With interest rates being down at 0.5% in the UK the interest will be far lower. Economists think the rate will stay like that for a year or so by which point the UK will be out of recession.
Please explain why you think people's personal debt would be at high interest rates when the BOE rate is 0.5%?
Stevie you cannot back up the majority of the opinions you spout. So why even bother?
I don't expect you to know very much about the UK economy because you don't live here or have much experience of UK interest rates. |
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Aventinian 1 Strike
Joined: 10 Dec 2005 Posts: 5558
Location: Oh, I get about a bit.
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Posted: Sun Nov 08, 2009 2:23 am Post subject: |
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| Stevie wrote: | | The Brit Nats score another zero here. Brown thinks of himself as 'SuperBritNat'. The Brit Nats do live in dreamlands of empire's lost. |
As opposed to the JockNats, who live in a dreamland of a country lost?
| Quote: | | GB Plc. is in administration it just doesn't want to admit it. |
This rather reminds me of a Socialist Worker type poster I saw months ago about 'capitalism in crisis' - like hell it is. Recessions occasionally happen, in the grand scheme of things they're not of major significance. |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sun Nov 08, 2009 9:26 am Post subject: |
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Boasting about a country that tottered on the brink of bankruptcy and a run on the banks and a depression and then saying Scotland can't do better and that Scotland should be grateful for the crumbs at the table is risible.
| Quote: |
Britain Tops European Debt Mountain
11:01am UK, Wednesday September 27, 2006
Overspending Britons are responsible for a third of all unsecured debt in Western Europe, it is claimed. The average person is said to owe just over £3,000 - which is almost twice as much as those on the continent, according to a new report.
180 Generic credit cards and debit cards
'Instatiable appetite' for credit
Figures from analysts at Datamonitor found that the UK consumer credit market hit £214bn last year, making it the most indebted country in Western Europe.
The report's authors put the high figure down to the UK's "insatiable appetite for credit".
Total personal debt in the UK - including mortgage debt - is estimated to be £1.2 trillion.
Major countries on mainland Europe have a stronger culture of savings and frugality.
The French and Germans are particular opposed to debt.
However, that situation could change, with consumer credit growth in Europe outstripping the UK and providing an opportunity for lenders faced with a UK market that is reaching saturation point, the report says.
Paul Marsh, financial services analyst at Datamonitor and author of the report, said: "UK lenders looking for business opportunities should look overseas to realise their expansion plans.
"The UK is an increasingly difficult place to do business, due to the highly indebted nature of the population.
"Yet in other European countries consumers are not as indebted and the markets are not as sophisticated." |
These figures are older, the situation is now worse and spending cuts are on the way along with high unemployment.
Boast away.
There is a league table showing the UK and the US as the two developed countries with the most public and personal debt. I'm sure I'll track it down.
As I said, boast away if you like about how well Scotland does out of the broken UK Plc. ; it shows you are doing personally well but has little to do with the general population. _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sun Nov 08, 2009 4:38 pm Post subject: |
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Just in case you still believe any of your own nonsense. _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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Ultra This is Ma' Life!
Joined: 29 Sep 2009 Posts: 652
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Posted: Sun Nov 08, 2009 5:06 pm Post subject: |
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| Stevie wrote: | Boasting about a country that tottered on the brink of bankruptcy and a run on the banks and a depression and then saying Scotland can't do better and that Scotland should be grateful for the crumbs at the table is risible.
| Quote: |
Britain Tops European Debt Mountain
11:01am UK, Wednesday September 27, 2006
Overspending Britons are responsible for a third of all unsecured debt in Western Europe, it is claimed. The average person is said to owe just over £3,000 - which is almost twice as much as those on the continent, according to a new report.
180 Generic credit cards and debit cards
'Instatiable appetite' for credit
Figures from analysts at Datamonitor found that the UK consumer credit market hit £214bn last year, making it the most indebted country in Western Europe.
The report's authors put the high figure down to the UK's "insatiable appetite for credit".
Total personal debt in the UK - including mortgage debt - is estimated to be £1.2 trillion.
Major countries on mainland Europe have a stronger culture of savings and frugality.
The French and Germans are particular opposed to debt.
However, that situation could change, with consumer credit growth in Europe outstripping the UK and providing an opportunity for lenders faced with a UK market that is reaching saturation point, the report says.
Paul Marsh, financial services analyst at Datamonitor and author of the report, said: "UK lenders looking for business opportunities should look overseas to realise their expansion plans.
"The UK is an increasingly difficult place to do business, due to the highly indebted nature of the population.
"Yet in other European countries consumers are not as indebted and the markets are not as sophisticated." |
These figures are older, the situation is now worse and spending cuts are on the way along with high unemployment.
Boast away.
There is a league table showing the UK and the US as the two developed countries with the most public and personal debt. I'm sure I'll track it down.
As I said, boast away if you like about how well Scotland does out of the broken UK Plc. ; it shows you are doing personally well but has little to do with the general population. |
Stevie the point is least we actually live, work, and bring up our families here.
Not sit in France like you do and pour scorn and slag off Scotland from afar as it's not like it affects you in any ways to do so.
So run along you fake plastic Scottish charlatan.
Last edited by Ultra on Sun Nov 08, 2009 5:14 pm; edited 1 time in total |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sun Nov 08, 2009 5:11 pm Post subject: |
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Slagging off Scotland is your job.
Britain is the economic joke you boast of.
Run along now yourself my little Brit Nat weevil.
See now, that's mature.
I suggest we stop the childish nonsense as I said on another thread. People are getting pissed off. _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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Ultra This is Ma' Life!
Joined: 29 Sep 2009 Posts: 652
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Posted: Sun Nov 08, 2009 5:17 pm Post subject: |
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| Stevie wrote: | Slagging off Scotland is your job.
Britain is the economic joke you boast of.
Run along now yourself my little Brit Nat weevil.
See now, that's mature.
I suggest we stop the childish nonsense as I said on another thread. People are getting pissed off. |
Difference is between you and me I am stating facts about you based on what you have written about yourself and Scotland.
You are merely reacting by spouting immature names like Brit Nat and other childish nonsense.
I do not need to lower myself to such behaviour to get my point across. You evidently do.
Bye. |
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Stevie Independentist

Joined: 22 Nov 2008 Posts: 1179
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Posted: Sun Nov 08, 2009 5:20 pm Post subject: |
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Ask your Brit Nat friend Aventinian to stop calling us Nazis and if he does then I'll happily stop using the term Brit Nat. _________________ Every man dies, not every man really lives.
Alba gu brąth! |
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magister ludi Gaining a Reputation

Joined: 13 Dec 2008 Posts: 225
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Posted: Tue Nov 10, 2009 4:26 pm Post subject: |
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quote="Braveheart"]
..but that doesn't mean that the SNP has abolished Studend Debt, or built a school or anything at all...s[/quote]
who did away with student grants and introduced tuition fees in the first place ?
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