JFKvsNixon Posted June 1, 2012 Share Posted June 1, 2012 We still contribute to the NHS individually and enjoy its benefits. I thought that you was talking about cutting out the tax man though? Link to comment Share on other sites More sharing options...
Harleyman Posted June 1, 2012 Share Posted June 1, 2012 The problem in Europe is similar to the problem here. Banks dont want to give loans to small businesses even though the banks are flush. Small businesses which increasingly supply most new job openings cannot therefore expand which means that they dont hire and people without jobs dont spend more in the market place than absolutely necessary for survival so it's all a vicious circle. The politicians all seem flumoxed not to mention clueless. I'm sick and tired of hearing Obama and Mitt Romney ramble on about creating millions of new jobs. Just a lot of electioneering BS Link to comment Share on other sites More sharing options...
Gamadar Posted June 1, 2012 Share Posted June 1, 2012 I thought that you was talking about cutting out the tax man though? I was talking about cutting out the taxman where not useful to me. I still wish to keep his useful aspects. Link to comment Share on other sites More sharing options...
PrimalJay Posted June 1, 2012 Author Share Posted June 1, 2012 I love it how the world is claiming to be in this mass depression and that everything is going bankrupt and that all these businesses and governments are all crying fowl like big immature babies, but listen here, money does not just vanish into thin air, money circulates doesn't it, isn't that what circulation is all about, but question we should all ask as a species, where the hell has all the money gone and who in hell is hiding it with this global and corrupt smokescreen??? Link to comment Share on other sites More sharing options...
Gamadar Posted June 1, 2012 Share Posted June 1, 2012 I love it how the world is claiming to be in this mass depression and that everything is going bankrupt and that all these businesses and governments are all crying fowl like big immature babies, but listen here, money does not just vanish into thin air, money circulates doesn't it, isn't that what circulation is all about, but question we should all ask as a species, where the hell has all the money gone and who in hell is hiding it with this global and corrupt smokescreen??? Margaret Thatcher of course! Link to comment Share on other sites More sharing options...
Lounge Jay Posted June 1, 2012 Share Posted June 1, 2012 I love it how the world is claiming to be in this mass depression and that everything is going bankrupt and that all these businesses and governments are all crying fowl like big immature babies, but listen here, money does not just vanish into thin air, money circulates doesn't it, isn't that what circulation is all about, but question we should all ask as a species, where the hell has all the money gone and who in hell is hiding it with this global and corrupt smokescreen??? I basically asked this earlier in the thread. Money doesn't vanish into thin air, it merely changes hands, or "circulates", so why has it stopped circulating? people still want stuff, people still want to produce stuff. The "solution" that is being spoken about now to the "Eurozone crisis" is for the Eurozone countries to stop messing about and just go whole hog and merge completley together politically Link to comment Share on other sites More sharing options...
MrSmith Posted June 1, 2012 Share Posted June 1, 2012 I basically asked this earlier in the thread. Money doesn't vanish into thin air, it merely changes hands, or "circulates", so why has it stopped circulating? people still want stuff, people still want to produce stuff. The "solution" that is being spoken about now to the "Eurozone crisis" is for the Eurozone countries to stop messing about and just go whole hog and merge completley together politically It disappears to foreign countries when we import more than we export, it’s also spread between more and more people as the population grows. Link to comment Share on other sites More sharing options...
PrimalJay Posted June 1, 2012 Author Share Posted June 1, 2012 I basically asked this earlier in the thread. Money doesn't vanish into thin air, it merely changes hands, or "circulates", so why has it stopped circulating? people still want stuff, people still want to produce stuff. The "solution" that is being spoken about now to the "Eurozone crisis" is for the Eurozone countries to stop messing about and just go whole hog and merge completley together politically Mmmm, could we see a united Europe then in the future, if that us the case then the euro would still be in use, if not then I can see a few more countries crashing out and following Greece in the process, if only they would just cut to the chase and get on with it. Link to comment Share on other sites More sharing options...
I1L2T3 Posted June 1, 2012 Share Posted June 1, 2012 I love it how the world is claiming to be in this mass depression and that everything is going bankrupt and that all these businesses and governments are all crying fowl like big immature babies, but listen here, money does not just vanish into thin air, money circulates doesn't it, isn't that what circulation is all about, but question we should all ask as a species, where the hell has all the money gone and who in hell is hiding it with this global and corrupt smokescreen??? Certainly think of a couple of places where capital is sitting unused: 1. On company books. British companies alone hoarding £700bn but reluctant to spend because of the financial climate 2. Wealth has disproportionately flowed to the top. We have a capitalist system so of course we will always have winners and losers. It's just that the balance has tipped more in favour of of the wealthy. Wealth is less equitably distrubuted than for a long time. This kills demand in the wider economy. Some debt has already started to be written off, e.g. Greek sovereign haircuts It's debatable whether much of the 'money' was real to begin with. A lot of it was created out of thin air and nominally valued against assets that became toxic junk. Take your pick - overpriced property, stocks, derivatives etc... It was an illusion, like candy floss. A very impressive stick of candy floss can be made from a small amount of sugar, you can spin it and spin it and spin it but it will only stay looking impressive for so long once you stop spinning - you'll soon find it was just a couple of spoons of sugar after all . Link to comment Share on other sites More sharing options...
MrSmith Posted June 1, 2012 Share Posted June 1, 2012 Certainly think of a couple of places where capital is sitting unused: 1. On company books. British companies alone hoarding £700bn but reluctant to spend because of the financial climate 2. Wealth has disproportionately flowed to the top. We have a capitalist system so of course we will always have winners and losers. It's just that the balance has tipped more in favour of of the wealthy. Wealth is less equitably distrubuted than for a long time. This kills demand in the wider economy. Some debt has already started to be written off, e.g. Greek sovereign haircuts It's debatable whether much of the 'money' was real to begin with. A lot of it was created out of thin air and nominally valued against assets that became toxic junk. Take your pick - overpriced property, stocks, derivatives etc... It was an illusion, like candy floss. A very impressive stick of candy floss can be made from a small amount of sugar, you can spin it and spin it and spin it but it will only stay looking impressive for so long once you stop spinning - you'll soon find it was just a couple of spoons of sugar after all . I like that analogy. Link to comment Share on other sites More sharing options...
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