Our we heading towards a Japanese style deflationary economy.
yes or no
Last edited by: R.P. on Wed 17 Feb 16 at 18:10
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Why do you keep putting "Volkswagen" in front of your titles?
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I get on a bus or walk. I walk on average 3 to 4 miles a day
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>> I walk on average 3 to 4 miles a day
And by the end of the week you're 21 to 28 miles away from home ;)
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I put Volkswagen in front because I like the car.
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>> I put Volkswagen in front because I like the car.
But it has nothing whatsoever to do with the discussion, so it isn't necessary.
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If you start taking his comments seriously Dave, you'll drive yourself into an early grave. Its a troll. Whether its one of our own or a cuckoo, its still a troll. Don't feed it.
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>> Our we heading towards a Japanese style deflationary economy.
>>
>> yes or no
No - inflation rose this month.
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A "Japanese style" deflationary economy??
Are there other styles available ?
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Were in the same boat as the rest of Europe. The Eurozone is in near deflation. Japan is back in deflation. If 0.3 inflation is safety I dread what inflationary economy means. We are creating vast amount of low paid jobs because our productivity is so low. Role on 15 percent interest rates and 10% inflation. At least I would get a few more quid on my savings.
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This is a shot in the dark, but you've never really studied economics, have you?
Either that or you're a troll. Whichever, this would appear to be a pointless discussion.
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>>This is a shot in the dark, but you've never really studied economics, have you?
Some of the most economically retarded humans I have ever met have been economists.
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I have a Certificate of Higher Education which included economics and international trade
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>> Were in the same boat as the rest of Europe. The Eurozone is in near
>> deflation. Japan is back in deflation. If 0.3 inflation is safety I dread what inflationary
>> economy means.
I'll tell you what it means fluffy me ole mate, it means going out to work at 08:00 and by 17:00 the same day returning home knowing you worked your socks off all day and can't pay the mortgage because interest rates went up to 15% that day.
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I was in a meeting Basingstoke that day.
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>> I was in a meeting Basingstoke that day.
Thats a REALLY bad day then
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Not too much to smile about, made even worse by the fact that it was a Digital Health & Safety meeting with the HR group.
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>> Not too much to smile about, made even worse by the fact that it was
>> a Digital Health & Safety meeting with the HR group.
Didnt it burn down shortly after that?
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Ah, you remember that!
Apparently just after HR asked for people to submit claims for personal items in their desks for which proof of ownership would not be required, the largest concentration of Mont Blanc pens in Northern Europe appeared.
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>> I was in a meeting Basingstoke that day.
>Thats a REALLY bad day then
Oi!
Basingstoke does not deserve your mockery.
There are lots of very interesting roundabouts in Basingstoke, we have our own version of the Highway Code and a huge choice of fine dining establishments including three McDonalds.
There are also ambitious plans to overtake Reading and eventually Slough as the destination of choice for tourists visiting the Thames Valley. A program is currently underway for residents to submit a slogan to promote the town but I'm struggling with too many superlatives.
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Kevin, you've forgotten Sainsbury's RDC where I've spent many a happy few hours and nights out too:)
Pat
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>>A program is currently underway for residents to submit a slogan to promote the town but I'm struggling with too many superlatives.
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"Welcome to Basingstoke, honk if you smell of wee"?
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>> >>A program is currently underway for residents to submit a slogan to promote the town
>> but I'm struggling with too many superlatives.
>> >>
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>> "Welcome to Basingstoke, honk if you smell of wee"?
"You are now leaving Basingstoke see! there is a god after all"
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We had 15% interest rates under a Conservative Government.Inflation under John Major reached a high of 10%. We were made bankrupt under the exchange rate mechanism. Our economy was so weak as interest rates rose from 10% to 15% in three hours.
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I don't see you in the 'Introduce yourself' forum mucker!
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I have now "Introduced myself" in the "Introduce yourself" forum
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It rose to 0.3% on an annual basis. It has been 26.9% in the mid seventies. I would rather have 0.3% and not 26.9%
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I have no fear of deflation. I would rather have an economy with falling rather than rising prices.
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