Quote of the Day 3rd October 2013

"No government has ever taxed and spent its way into prosperity."

(Grant Shapps)

Comments

Jim said…
But many have taxed, spent and inflated their way to utter destruction.
Jim said…
Do you know out of all the political jobs out there I would love Ed Millibands.

No i have no desire to join or be a part of any political party at the moment, and if i did the last party i would choose is Labour, but i would like to see a realist voice of opposition in the HOC.
Chris Whiteside said…
1) Quite

2) There are a lot of valid concerns which a responsible opposition should be putting to the government and which are the exact opposite of the ones the Labour party is currently putting.
Jim said…
The large issue though is that it does not matter anymore.

Why? - well the Pound and the Euro are both defunct and neither will survive the inevitable collapse of the US dollar. Labour (at least the Dennis Skinners of the world) will keep stating that a global meltdown caused the last mini crash in 2008, and I guess in a way, that is partially true. With out getting into previous spending that is not what is important. What is actually important is that british and european business has a lot of exposure to the dollar, so do all our banks, so the banks fail, lets not kid ourselves we can do another "bailout".

I think the entire world is headed for a great economic reset, it will happen. people often keep arguing the last one came from the USA, well the next one will too, but it will make the last look like a Sunday picnic in the park.

Its the entire system that will collapse, it was always going to.

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