Metropol

DVB Cornwall wrote:We'll disagree, I for one want this recession to bottom out, so that REAL growth can start, not some QE infused mirage, The only way of doing this is by bearing down a hell of a lot harder than has been done to date on spending of all sorts. I for one have had enough of this clamour for more assistance to generate false demand. As I said above this decade is lost, as will the next unless more severe action is taken.

It's hard not to see how your preference just results in more people being out of work for the sake of your peace of mind.

It also pre-supposes that bitter hardship is some kind of natural state - like an infection which needs to pass, or a boil which needs to have its posion absorbed into the body.

The entire state of financial collapse is man-made - brought about by bankers who attempted to create wealth out of nothing - the selling of worthless derivatives of spoiled mortgages, gambled within hedge funds which returned profits based on failure.

If you accept this, you must also accept that other financial models can bring about an opposite state. Lending is the most straightforward of these. It is no accident that economists continually call for greater lending from the banks who gambled our prosperity away to nothing. The banks choose not to lend whilst accumulating their financial reserves once more to benefit themselves.

Boris tells us they are "jolly decent chaps" for he is a super-rich prick who protects his chums.

To not accept that the recession is a direct consequence of the despicable events of the banks is to be naive in extremis. To sit back and say, "let them eat cake" while millions fall into poverty is the call of a callous invidividual.

DVB Cornwall wrote:We'll disagree, I for one want this recession to bottom out, so that REAL growth can start, not some QE infused mirage, The only way of doing this is by bearing down a hell of a lot harder than has been done to date on spending of all sorts. I for one have had enough of this clamour for more assistance to generate false demand. As I said above this decade is lost, as will the next unless more severe action is taken.

When you say "spending of all sorts", what have you in mind?

Oh, OF allsorts? I thought it might be a Quango.

Hmm. Check out this c**t. He seems like a jolly nice chap.

http://www.bbc.co.uk/news/uk-19595217

Not that we should do anything about it. It is after all our fault that the country is fucked. Or perhaps its just the Labour party.