After 13 years of the Tories…
#21
(07-05-2023, 03:39 PM)Borin' Baggie Wrote:
(07-05-2023, 03:12 PM)Protheroe Wrote:
(07-05-2023, 07:06 AM)Tom Joad Wrote: There you go, Happy to help.

I don't recall Thatcher's Conservatives printing money on a scale unheard of like the UK did after the GFC, during Covid and the energy price crisis.

The UK's exposure to the energy price crisis can be tracked down to decisions made on energy policy in the early 1980s.

Plus. The fact we have little social housing is because the tories sold of the best stuff at a fraction of market value, without replacing it and didnt invest in repairing the poorer stock. The closure of most of the steel industry left us importing steel, the deregulation of much of the city left us open to boom and bust, the privatisation of electricity, the necessity to import coal, the water companies......
None of those helped with the protection of the youngest or poorest nor zombie companies or asset price inflation and certainly played a part in the alienation of swathes of Britain. 
I do agree with you about the banks though but must add, do you really think the tories would have let the banks go under? They were all about the financial services industry, albeit  at the expense of everything else.
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#22
None of that has anything to do with a deliberate policy of printing money and interest rate suppression - commenced by Labour in 2008 and thoroughly supported by them in the Tory years since 2010. Hell, in the 2015, 2017 & 2019 elections they wanted to print more!

Banks go bust every year in the States, and generally it doesn't hurt too much or lead to systemic risk. Why? Because there's so many bloody banks. The GFC gave the UK the only opportunity in living memory to massively de-risk the banking sector by introducing competition and caps on the amount of business written in any particular service line.

Breaking up RBS and HBOS whilst protecting depositors would have been a huge step towards that aim.
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#23
https://www.theguardian.com/food/2023/au...ust-brexit

A few more lives destroyed by the ideology door knockers
Someone could have been killed
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#24
(08-19-2023, 05:04 PM)CaptainFantastico Wrote: https://www.theguardian.com/food/2023/au...ust-brexit

A few more lives destroyed by the ideology door knockers

“Our production costs doubled and our customer base halved. So while people were getting worse off, the multinational brewers were going to pubs, to free houses, and saying ‘we’ll give you cheap kegs, but we want control of all your lines’.”

I am sorry about any business going to the wall, but if your production costs double it's going to be hard to remain solvent Brexit or no Brexit.
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#25
At some point something will be as a consequence of Brexit…
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#26
(08-21-2023, 08:28 AM)Derek Hardballs Wrote: At some point something will be as a consequence of Brexit…

Far more will be as a consequence of doubling production costs.
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