tag:blogger.com,1999:blog-1141932539860553199.post5754209084535385315..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Richard Murphy points out the futility of Article 123, Lisbon TreatyMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1141932539860553199.post-21595111696570770962015-08-24T18:35:42.603+01:002015-08-24T18:35:42.603+01:00B, possibly yes, possibly no.
R, that is the big...B, possibly yes, possibly no. <br /><br />R, that is the biggest if and we DO lobby for LVT. That's manifesto item one. <br /><br />G, maybe so, but completely off topic. The topic of the post is in the subject line. In answer to your question, there is a large pool of highly skilled international workers and engineers and managers (including many Brits) who go round the world doing this stuff.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-42748795487763805002015-08-24T17:31:45.658+01:002015-08-24T17:31:45.658+01:00given the massive amounts of "infrastructure&...given the massive amounts of "infrastructure" spending already happening - Crossrail, the fact that every road I drive down has a hole or coned-off section, the new sewer for London, etc - who is going to do the work? How many of the army of unemployed people can handle mechanical equipment? How many unemployed project managers are there?Graemehttps://www.blogger.com/profile/11007306140530173428noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-70264439016559985812015-08-21T19:34:04.844+01:002015-08-21T19:34:04.844+01:00I don't see any problem with more infrastructu...I don't see any problem with more infrastructure spending so long as there is a land value tax in place. It is not A Bad Thing in and of itself.<br />So YPP need to lobby for LVT - I will see if Richard Murphy knows about the idea and his views on it.Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-24415848921591835862015-08-21T18:58:18.119+01:002015-08-21T18:58:18.119+01:00"The only relevant question is this: "is... "The only relevant question is this: "is it worth getting a loft conversion done?", that is all."<br /><br />Which question will be conspicuously absent, should "The People's QE" ever become a reality. Cue large amounts of money spent on pointless "infrastructure" projects, like HS2, only designed to increase land values for the lucky few.<br />Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-57052865279783480732015-08-21T16:36:06.544+01:002015-08-21T16:36:06.544+01:00R, L, yup.
LF, as it happens they wouldn't as...R, L, yup.<br /><br />LF, as it happens they wouldn't as the loan would be a small loan to value mortgage and secured on the house.<br /><br />Either way, the credit rating of UK govt, UK treasury and Bank of England is exactly the same thing because they are the same thing Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-53515627620468917192015-08-21T16:28:46.570+01:002015-08-21T16:28:46.570+01:00" if I need money to pay for my loft conversi..." if I need money to pay for my loft conversion, it doesn't make any difference whether I borrow the money in my own name; whether my wife and I borrow it jointly;"<br />Although it makes a difference to the lender as your credit rating etc would differ.L fairfaxhttps://www.blogger.com/profile/12274756119129254373noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-70892369034050996982015-08-21T15:05:16.947+01:002015-08-21T15:05:16.947+01:00QE = i.e. the shell game, or the game of mirrorsQE = i.e. the shell game, or the game of mirrorsLolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-27297615191696914462015-08-21T14:50:36.191+01:002015-08-21T14:50:36.191+01:00"Why would it make any difference which one o..."Why would it make any difference which one of them borrows or prints money to finance public expenditure?"<br />Correct. It doesn't at all. It is just the EU is full of conservatives who hate the idea of "money printing." If you notice there is quite a bit of unemployment in the EU.<br />There is no law without enforcement. The EU rules are more like Pirate Rules than anything.<br />But this combined with ERM/forced fixing the exchange rate to the euro and the SGP completely arbitrary (3%, why?) deficit rules form the EU economic straightjacket designed to rein in government with as many voluntary constraints as possible. The UK got opt outs so it does not matter.Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.com