I think I would have to described myself as a Keyak. The market should be free to work on its own will minimal intervention. When people make mistakes they need to suffer, when policies or companies don't work they need to fail. But when the economy gets stuck, it does need intervention.
The cause of the current malaise is clear. Politicians have fiddled with the system and spent money on ideological policies by borrowing heavily during the good times. Now the times are tough they have painted themselves into a corner.
Stuff to watch
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- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
ISP's around the country must be pulling their hair out, downloaded a whole heap of stuff already ahead of a few upcoming trips. Just wish I had more than a 2mb connection!PeterLe wrote:Do you know that BBC iPLayer have recently changed their policy, you can now download to your device and watch whenever/wherever you want...
regards
Peter
Great that they allow you to keep the program's for 30 days. Just need something similar from other providers now.
And people complain about the licence fee!
I wish I had bought a 64Gb now rather than the 32gb. We are going on a long haul flight next month so I will load it up for the trip!andyfuller wrote:ISP's around the country must be pulling their hair out, downloaded a whole heap of stuff already ahead of a few upcoming trips. Just wish I had more than a 2mb connection!PeterLe wrote:Do you know that BBC iPLayer have recently changed their policy, you can now download to your device and watch whenever/wherever you want...
regards
Peter
Great that they allow you to keep the program's for 30 days. Just need something similar from other providers now.
And people complain about the licence fee!
The license fee is well worth it. I have just got my Sky bill and that is over £100/Month!
- superfrank
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- Joined: Fri Aug 14, 2009 8:28 pm
last night's was the last Masters Of Money... on Karl Marx which was pretty surprising.
all 3 now on iPlayer:
Keynes - http://www.bbc.co.uk/iplayer/episode/b0 ... ey_Keynes/
Hayek - http://www.bbc.co.uk/iplayer/episode/b0 ... ney_Hayek/
Marx - http://www.bbc.co.uk/iplayer/episode/b0 ... oney_Marx/
all 3 now on iPlayer:
Keynes - http://www.bbc.co.uk/iplayer/episode/b0 ... ey_Keynes/
Hayek - http://www.bbc.co.uk/iplayer/episode/b0 ... ney_Hayek/
Marx - http://www.bbc.co.uk/iplayer/episode/b0 ... oney_Marx/
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- Joined: Wed Mar 25, 2009 12:23 pm
Program on BCC4 at the moment (9pm) called Tails you win: the science of chance. I plan to watch it later on iPlayer as it looks quite interesting.
And for a good laugh (thanks to Jimrobo): http://www.youtube.com/watch?v=VBXKoZQwvDE
And for a good laugh (thanks to Jimrobo): http://www.youtube.com/watch?v=VBXKoZQwvDE
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- Joined: Tue Jan 19, 2010 6:28 am
http://thepiratebay.se/torrent/7896977/ ... _[PublicHD]
lay the favourite with bruce willis has to be a good one.
lay the favourite with bruce willis has to be a good one.
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- Joined: Tue Jan 19, 2010 6:28 am
We need a thread for stuff "NOT" to watch. Bruce let me down after all them die hards.
Andrew Mitchell 'stitched up' in plebgate row - http://www.channel4.com/news/andrew-mit ... ing-street
Michael Crick deserves an award for this brilliant piece of investigative journalism IMHO.
Jeff
Michael Crick deserves an award for this brilliant piece of investigative journalism IMHO.
Jeff
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- Joined: Tue Jan 19, 2010 6:28 am
a bit old now, but one of my favourites was Entourage. Hollywood stars living the dream.
Bird & Fortune - Silly Money - Investment Bankers
http://www.youtube.com/watch?v=9z70BKwfSUA
Absolutely hilarious, got an ab workout watching it
More similar videos:
Silly Money (2/4) - Bremner, Bird and Fortune
http://www.youtube.com/watch?v=PD7lB1BHq6o
http://www.youtube.com/watch?v=9z70BKwfSUA
Absolutely hilarious, got an ab workout watching it
More similar videos:
Silly Money (2/4) - Bremner, Bird and Fortune
http://www.youtube.com/watch?v=PD7lB1BHq6o
I watched that a few weeks back. Paulson was in quite a pickle doing the right thing by letting Lehman go, until he had to give way to monetary easing to save the rest of the sharks on Wall St.
I watched a video on KhanAcademy once where Sal proposed an alternative solution like letting the big sharks fail (all of them), but injecting new money into newly formed banks with new and strict regulations in place to lend directly to new bushiness.
I watched a video on KhanAcademy once where Sal proposed an alternative solution like letting the big sharks fail (all of them), but injecting new money into newly formed banks with new and strict regulations in place to lend directly to new bushiness.
I used to think it would make sense to save certain companies, but I changed my mind in the aftermath of the dot com boom.
Lots of big companies went bankrupt, but went into chapter 11 and were able to re-appear in much better shape and vastly written down long term and current assets. This meant that the companies that had been prudent and survived suddenly had a much more nibble competitor who had effectively been financed by creditors who were left with nothing.
I do wonder why there shouldn't be a more severe outcomes if you act irresponsibly. But the back stop is that others benefit from your error, ensuring you don't prompt a systemic collapse.
Lots of big companies went bankrupt, but went into chapter 11 and were able to re-appear in much better shape and vastly written down long term and current assets. This meant that the companies that had been prudent and survived suddenly had a much more nibble competitor who had effectively been financed by creditors who were left with nothing.
I do wonder why there shouldn't be a more severe outcomes if you act irresponsibly. But the back stop is that others benefit from your error, ensuring you don't prompt a systemic collapse.