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  #691  
Old 16-10-2017, 02:38 AM
bells of shandon bells of shandon is offline
 
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Originally Posted by Donald Trump View Post
You'd think he'd give it up now, wouldn't you
When you are attempting to educate economic illiterates, one must go slowly, a step at a time.
Their attention spans are similar to goldfish and their retentive memories are minimal.
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  #692  
Old 16-10-2017, 07:15 AM
Stacky Stacky is online now
 
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Originally Posted by bells of shandon View Post
When you are attempting to educate economic illiterates, one must go slowly, a step at a time.

Do you have a chapter on it in your "Self Help" book Greed_y?

Last edited by Stacky; 16-10-2017 at 09:33 AM..
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  #693  
Old 16-10-2017, 08:40 AM
Donald Trump Donald Trump is offline
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Originally Posted by bells of shandon View Post
When you are attempting to educate economic illiterates, one must go slowly, a step at a time.
Their attention spans are similar to goldfish and their retentive memories are minimal.
Are you flirting with me, Mr. Karl Regan?
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  #694  
Old 17-10-2017, 06:05 PM
bells of shandon bells of shandon is offline
 
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Mario Draghi of the ECB has bought $2.5 trillion of European government bonds under the latest wave of QE measures, which began in March 2015. This amount is double what they initially promised and slightly more than the entire GNP of France in 2016 and is in contravention of the Maastrich Treaty and the Stability and Growth Pact.
Take all the value of goods and services Frenchmen produced last year, and put it in one place – the pockets of the 1%. Everybody living under Eurozone austerity feels the reality that all of the ECB loans in QE have gone for nothing.

They have not strengthened the real economy by building any infrastructure, which would have improved the ease of doing business and thus increased state revenue; nor funded any pension, health or education programs, which would produce productive tax streams; nor gone into wage increases which would have increased consumer demand universally and provided economic growth. Any of these would have qualified as “good debt”, which would have produced multiple euros for every euro invested.
The ECB’s “invented money” has instead been used for societally unproductive investments, mainly in the stock market, just like the Fed’s did in the United States.

Money created by QE does not reach the Real Main Street Economy,but mainly goes in to the Financial Casino that is the Stock Exchange and its derivatives.
It has become clear to the most illiterate economic citizens that the Eu is an organisation that benefits the Financial banker elite at the expense of EU citizens,
Privatise the profits and socialise the losses ,sums up the EU.
http://www.telegraph.co.uk/finance/e...io-Draghi.html

Last edited by bells of shandon; 21-10-2017 at 07:44 AM..
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  #695  
Old 17-10-2017, 06:50 PM
Stacky Stacky is online now
 
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Originally Posted by bells of shandon View Post
Mario Draghi of the ECB has bought $2.5 trillion of European government bonds under the latest wave of QE measures, which began in March 2015. This amount is double what they initially promised and slightly more than the entire GNP of France in 2016 and is in contravention of the Maastrich Treaty and the Stability and Growth Pact.
Take all the value of goods and services Frenchmen produced last year, and put it in one place – the pockets of the 1%. Everybody living under Eurozone austerity feels the reality that all of the ECB loans in QE have gone for nothing.

They have not strengthened the real economy by building any infrastructure, which would have improved the ease of doing business and thus increased state revenue; nor funded any pension, health or education programs, which would reduce fiscal drags and produce productive tax streams; nor gone into wage increases which would have increased consumer demand universally and provided economic growth. Any of these would have qualified as “good debt”, which would have produced multiple euros for every euro invested.
The ECB’s “invented money” has instead been used for societally unproductive investments, mainly in the stock market, just like the Fed’s did in the United States.

Money created by QE does not reach the Real Main Street Economy,but mainly goes in to the Financial Casino that is the Stock Exchange and its derivatives.
It has become clear to the most illiterate economic citizens that the Eu is an organisation that benefits the Financial banker elite at the expense of EU citizens,
Privatise the profits and socialise the losses ,sums up the EU.
http://www.telegraph.co.uk/finance/e...io-Draghi.html
What is your favourite private club in London Greed_y?

The Carlton Club in St.James is excellent
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  #696  
Old 17-10-2017, 06:57 PM
collapsedfaceman collapsedfaceman is offline
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Quote:
Originally Posted by bells of shandon View Post
Mario Draghi of the ECB has bought $2.5 trillion of European government bonds under the latest wave of QE measures, which began in March 2015. This amount is double what they initially promised and slightly more than the entire GNP of France in 2016 and is in contravention of the Maastrich Treaty and the Stability and Growth Pact.
Take all the value of goods and services Frenchmen produced last year, and put it in one place – the pockets of the 1%. Everybody living under Eurozone austerity feels the reality that all of the ECB loans in QE have gone for nothing.

They have not strengthened the real economy by building any infrastructure, which would have improved the ease of doing business and thus increased state revenue; nor funded any pension, health or education programs, which would reduce fiscal drags and produce productive tax streams; nor gone into wage increases which would have increased consumer demand universally and provided economic growth. Any of these would have qualified as “good debt”, which would have produced multiple euros for every euro invested.
The ECB’s “invented money” has instead been used for societally unproductive investments, mainly in the stock market, just like the Fed’s did in the United States.

Money created by QE does not reach the Real Main Street Economy,but mainly goes in to the Financial Casino that is the Stock Exchange and its derivatives.
It has become clear to the most illiterate economic citizens that the Eu is an organisation that benefits the Financial banker elite at the expense of EU citizens,
Privatise the profits and socialise the losses ,sums up the EU.
http://www.telegraph.co.uk/finance/e...io-Draghi.html
Money created out of thin air to prop up a dead austerity superstate.
But the lefties are apparently economically illiterate.
Lol.
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  #697  
Old 17-10-2017, 06:58 PM
collapsedfaceman collapsedfaceman is offline
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Quote:
Originally Posted by Stacky View Post
What is your favourite private club in London Greed_y?

The Carlton Club in St.James is excellent
We get that you believe he is greedy at this stage.
No need to keep pointing it out.
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  #698  
Old 17-10-2017, 07:10 PM
Stacky Stacky is online now
 
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Quote:
Originally Posted by collapsedfaceman View Post
We get that you believe he is greedy at this stage.
No need to keep pointing it out.
Will all that nonsense fit on a placard?
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  #699  
Old 17-10-2017, 11:53 PM
bells of shandon bells of shandon is offline
 
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This level of intellectual discussion is beyond the fantasy world of the Greedy Langer.
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  #700  
Old 19-10-2017, 03:12 PM
Drucker Drucker is offline
 
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Quote:
Originally Posted by bells of shandon View Post
This level of intellectual discussion is beyond the fantasy world of the Greedy Langer.


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