It's interesting that the establishment and status quo is being seriously threatened once again (following on from Brexit and Trump).
People are sick and tired of a system that benefits the few at the expense of the many (policies of globalisation, corporatism and mass immigration are pursued by all mainstream parties & govts. in Europe and North America and, until recently, people have had no real choice at the ballot box to oppose it).
Times are changing and hopefully you aint seen nothing yet
France Presidential Election 2017
- Dublin_Flyer
- Posts: 692
- Joined: Sat Feb 11, 2012 10:39 am
That's called capitalism. What do you suggest otherwise?superfrank wrote: ↑Sat Apr 22, 2017 9:49 pmIt's interesting that the establishment and status quo is being seriously threatened once again (following on from Brexit and Trump).
People are sick and tired of a system that benefits the few at the expense of the many (policies of globalisation, corporatism and mass immigration are pursued by all mainstream parties & govts. in Europe and North America and, until recently, people have had no real choice at the ballot box to oppose it).
Times are changing and hopefully you aint seen nothing yet
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Times aren't changing at all, it will be the usual story of a few minor tweaks here and there. Trump, hardcore capitalist. Brexit, capitalist principals. Tories, hardcore capitalists. It's not like these people belong to the Tooting Popular Front, I don't see much sign of your glorious revolultion.superfrank wrote: ↑Sat Apr 22, 2017 9:49 pmTimes are changing and hopefully you aint seen nothing yet
Showing your age there. Unfortunately, I'm also old enough to remember Citizen Smith
- superfrank
- Posts: 2762
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No it's not. What we have is crony capitalism where many "businesses" are deemed too big to fail and where corporate interests are allowed to quietly control things (see EU lobbying, funding for US parties, TIPP etc.). The response to the financial crisis tells you everything you need to know about who the system work for.Dublin_Flyer wrote: ↑Sun Apr 23, 2017 12:46 amThat's called capitalism. What do you suggest otherwise?superfrank wrote: ↑Sat Apr 22, 2017 9:49 pmPeople are sick and tired of a system that benefits the few at the expense of the many
If we had true capitalism then the market would set interest rates, they wouldn't be controlled by a central bank (that's central planning, i.e. far closer to a communist model). Wolfie would be proud!
- marksmeets302
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In 2008 I was very happy with the fed stepping in to rescue AIG. It's not all bad.
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It looks like Macron is going to win the first round.
His contender is not certain yet.
Laying MLP at 1.24 on the "Final two" market makes sense. You never know....
His contender is not certain yet.
Laying MLP at 1.24 on the "Final two" market makes sense. You never know....
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- Posts: 83
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Free money backing Macron to win the first round at 1.25!
Are you sure?Laugro1968 wrote: ↑Sun Apr 23, 2017 7:59 pmFree money backing Macron to win the first round at 1.25!
The news is reporting Le Pen is winning
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Sorry LeTiss, this was two hours ago. Macron to win first round is at 1.03 right now!
Macron winning second round at 1.17 is still value. But better to wait as two weeks is a lot of time in politics.
Macron winning second round at 1.17 is still value. But better to wait as two weeks is a lot of time in politics.
- superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
yep, their problems won't be going away with yet another centrist puppet appeasing the Germans, markets and snowflakes.
- ShaunWhite
- Posts: 9731
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I was fine with the response, I woke up in the morning and still had a pension.superfrank wrote: ↑Sun Apr 23, 2017 9:24 amThe response to the financial crisis tells you everything you need to know about who the system work for.
Sure, 'we' had to bail out a few banks for a few billion quid. But that's chicken feed compared to the economic value the banks have provided for the last 100 years. A gambler can't be up every day, and our lifetime P/L on Banking is still well in the green. When times were good I didn't see hordes of people declining free banking or handing half their pension back because the return on what they'd put in was too high. We had an unusually bad year and suddenly everyone's an expert and wants to bin a perfectly good long term strategy. Granted it's not perfect but far better than either extreme.