Time will tell.

I take into account that politicians often make claims they can't achieve and Macron is up against all the other EU countries and Merkel.

Are you suggesting the base rate of a country determines the interest rate on government bonds?

A\greed. but if I give the 100 to someone else as benefits or spend it on something that costs 50 a year. I'm down 110

Absolutely. They should have done that from the start. But that would have meant a lot of countries not adopting the Euro and the stalling of a political dream.

Germany is one of a few countries able to repay Euro bonds. Didn't know the UK controlled how the Euro was controlled. Do you have a link to that?

The problem with Government Bonds is the buyers have to have faith in a country's ability to repay the money at the rate of interest that makes buying them attractive.

https://www.google.cz/webhp?hl=en&gw...greece+receive

https://www.google.cz/webhp?hl=en&gw...greece+bailout

Read up and see how these markets work. This crisis is 100% down to the idiots who thought giving countries with bad economies the Euro was a good idea.

Paul, you work really hard for your Troll of the year award. I give you that.

oh no the point stands...it is just amusing that you expect people to not do as you did but at you say...

oh so because 1st world people eat too much bacon and it is giving them heart attacks, 3rd world people should be forced to exercise to keep the 1st world people from getting fat :1orglaugh:1orglaugh:1orglaugh

it does not work like that in real life paul :2 cents:



nobody has rigged anything...it is called freedom of will and trade...you either believe in freedom or you do not...both will cost you in one way or the other...the bill comes due...

that happens when you did not study economy or never played monopoly.

if paul would ever play it he would have learned that any economy is selfregulating because at monopoly can not be a winner - that is what one should learn from this game - if the winner have all the game would be over. if one owns all houes he can´t even rent them to the others because they do not have any income to pay the rent.

paul also is focused on the 1 dollar per hour guy who is working on a machine hard to survive. but he does not ask where the machine comes from.

he also does not understand that a little better standard in this countries leads to a lot of business.
the really poor chinese could not afford to fly - now they fly - and where do the planes come from?

what paul does not understand is that a potatoe farmer can not sell potatoes to another potatoe farmer - if 2 people are doeing the same they do not went into a business to customer situation they went to be competitors.

but i mean, i will not call paul names - at least there is one with the same knowledge than paul who is the president of the USA.
let us be happy that they are not the olympic comitee because than the fast runners have to cut a leg to become that slow as the slow ones.
that would be exiting olypics.

i mean imagine - we are in countries where people use to work 35 - 42 hours, 5 days a week. we have holidays up to 8 weeks and can afford still a lot more as our grandparents could.

paul is complaining countries where people are working 60 hours per week and have 5-7 holidays per year and is convinced that it is unfair that these people have fast growth.
I think I can remember that he wrote somewhere that work must be worthwhile. WHAT A FUCKING COMEDY!!!

if he is against merkel than they both told us something else today:

and he also denied your fake news about eurobonds from the british media what do not want a healthy europe

Where is the freedom for the people who once had a job that paid enough for them to support a family and now live on benefits?

Bringing jobs back to the West will push up the costs of goods. Push down the need for countries to subsidise 10s millions which will grow to 100s of millions.

Because I'm pointing out a trend, this is not the end game. The Thrid World is far from stopping its drive to take jobs from the West. This is what China wants.

https://www.theguardian.com/world/20...-belt-and-road

World leaders sign deal at China's New Silk Road summit | China News | Al Jazeera

Silk Road meet ends: Indian boycott fails to stop China's ambitions | Business Standard News

The Chinese seem opposed to allowing free bids for its building. They want all the work done by themselves.

The Silk Road's purpose is to bring Chines goods to the West at an even cheaper rate. That will put more Westerners out of a job. The West has already passed the point where the working population taxes can support the non-working. That gap will keep increasing. When will the West reach the point where their treasury bonds are no longer worth buying?

Or the point where austerity is so tight some people are living in a similar condition to the slums of Victorian times? The middle classes are living in working class incomes?

You face three threats, I say you as I will be gone by the time it really hits.

Migration. How would Serbia cope if the millions flooding into Europe stopped in Serbia? Already the UK, France, Germany, etc are having problems coping.

Globalisation. The move towards sending jobs to the cheapest country is not slowing down, the Silk Road proves China wants to increase it.

Automation. Machines doing the jobs that once required 10 or more people to do. Automation will put millions out of work, that's what they're designed to do. Will the companies shedding workers pay the same amount of taxes the sacked workers use to do or will they just make more in profits?

All this is happening now and if all you have is pointing out I played the game the way it's rigged. Then you have nothing to offer.

It's good that they want to change the treaties. Will they be the right changes, acceptable to the politicians of the other countries and acceptable by the people of Europe?

As for new money, couldn't find where that was quoted but it's obvious that Europe and the US can't keep declining into further debt. The UK needs a healthy Europe and needs to trade with it as much as Europe needs a healthy UK and needs to trade with it.

Whichis what I said must happen.

The problem is achieving growth in the economy. It can't be done with mass migration increasing the costs of the benefits system or losing more jobs to Globalisation and Automation without the winners of those two processes paying a lot more in taxes.

What reforms can he make to get more people back to work without borrowing more money?

Hey Paul... you have me on ignore(I know it's for your own health... i get that... no problem)...

Now get the fuck out of my thread and show some respect to your ignore-list!!! What is it with you ill-mannered pale English turds... You have no character... You appear like a sell out whore by posting in my thread...

Very true. We shouldn't blame China for taking advantage of our bought and paid for politicians.

........

yes but china is not taking advantage of anything at all...they are doing EXACTLY what we want them to do: produce stuff as cheap as possible...NOBODY can make us buy cheap china stuff, we do this by our own free will...

it is like blaming spoons for making people fat...ban spoons, and people will eat with their hands...

personal responsibility :2 cents::thumbsup

Last time i checked McDonalds everyone still ate with their hands... Indeed.. .can't blame spoons man...

it is not only a responsability of each individual - it is a question of money.
we are living in a world were everyone wants to have everything. no matter if people are rich or poor. even rich people think they do not have enough because they also can´t buy all.

what is wrong when the advantage of cheap labour goes to the society by a cheaper price? a few hunderst years ago prosperity was made with slaves work - i doubt that any citizen of a country with slavery was complaining that the slave took his job.

the funny thing is that prosperity for people is reached EXACTLY with the opposite of what paul thinks. his ideas are directly leading to less prosperity and more poor people. and this is what is not going into his head for some reason.