AAA lost
- Thread starter ajstoneservices
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As ever when challenged joe, you fail to answer...
multiples of 4.5 and over were introduced about the time MIRAS was increased in the early '80's...
and fyi, brown was the one who removed MIRAS altogether - sadly at that point it was too late...
the b*tch had sown the seeds, and as you have said, 'there is no way out'...
multiples of 4.5 and over were introduced about the time MIRAS was increased in the early '80's...
and fyi, brown was the one who removed MIRAS altogether - sadly at that point it was too late...
the b*tch had sown the seeds, and as you have said, 'there is no way out'...
Let's be honest, it's a problem that two governments, the Bank of England, and the country's best economists haven't been able to solve in the last five years.
The same problem exists throughout most of the western world. If they haven't got the answer I don't know how any of us can think that we have.
The same problem exists throughout most of the western world. If they haven't got the answer I don't know how any of us can think that we have.
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pmsl yet again at you joe...
read back through my posts and show me where I said it was the b*tch who introduced MIRAS
And going by your last comment, it confirms you rely on wiki for your 'facts'...
There is no such thing as a 'steady state economy'.
An economy will either grow or go into decline.
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longdogs
I thought I had some AAAs in the drawer to put in my clock but discovered they were AAs. So now I have to spend even more money to keep the clock ticking
Nah...
I remember things - you just go out trolling when you f*ck up...
Some people need to face up to the fact that after eleven years of labour government not everything can be laid at Thatcher's door any more.
Sure there might have been some decisions made then that have had long term repercussions, but the policies that Brown has followed are not especially Tory (except where he's nicked a few), but mostly his own special brand of stupid.
It was brown who inflated the bubble. Not thatcher.
Its like a builder laying a foundation for a home and one part of the foundation is laid on soft bog land. And a second builder knowingly builds on the bog land foundation and part of the home collapses. Who's at fault?
According to ellal its the first builder.
Sure there might have been some decisions made then that have had long term repercussions, but the policies that Brown has followed are not especially Tory (except where he's nicked a few), but mostly his own special brand of stupid.
It was brown who inflated the bubble. Not thatcher.
Its like a builder laying a foundation for a home and one part of the foundation is laid on soft bog land. And a second builder knowingly builds on the bog land foundation and part of the home collapses. Who's at fault?
According to ellal its the first builder.
Foundations are only put in once...
So who would you blame when the house crashes down?
The person who hired 2x incompetent builders.
Canada lost it's AAA in 1992 and didn't get it back until 2002. Australia lost it's AAA in 1986 and didn't get it back until 2003. Recent departures include Austria and France and most recently the USA in 2011. Countries that have lost their AAA are told not to expect the return of the AAA rating anytime soon.
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