Forums
New posts
Forum list
Search forums
What's new
New posts
New resources
Latest activity
Trending Threads
Resources
Latest reviews
Search resources
FarmTV
Farm Compare
Search
Tokens/Searches
Calendar
Upcoming Events
Members
Registered members
Current visitors
New Resources
New posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Forum list
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Farm Business
Politics, Covid19 and Brexit
Is Trump Right About Free Trade
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="ollie989898" data-source="post: 4958360" data-attributes="member: 54866"><p>The Russian economy is borked. Half the country has no infrastructure or even metalled roads much less decent education or healthcare.</p><p></p><p>I have a Russian friend who is the son of a government minister. Where was his son educated? England. Where is their main residence? England. Where do they bank? England. Why? Because Putin and the goons can take anything you have any time in Russia.</p><p></p><p>UK debt has grown like many countries. The problem is that many people including a lot of TFF cannot distinguish between conventional debt and government debt. The national debt is held in the form of bonds and gilts. A form of paper IOUs offered to investors who see them as a very very safe investment. This indicates that people have confidence in the UK economy as the government offer bonds on terms that suit them as borrowers. This is a huge cry from being unable to issue bonds and having to borrow from the ECB or IMF.</p><p></p><p>People seem to think it is a trade deficit that causes national debt. That is not the case. What private individuals or businesses elect to buy or where is there business.</p><p></p><p>Also as I have said a trillion times before, it matters not a jot where something is assembled it is who owns the IP and sells it who makes the margin. You would think a forum populated by farmers would largely recognise that. Maybe we should have all gone to the LSE rather than drank ourselves stupid in the union bar at the agricultural establishment we attended. Ironic because over 50 percent of this forum now discusses methods or ideas that fly in the face of the old school stuff we were taught.</p></blockquote><p></p>
[QUOTE="ollie989898, post: 4958360, member: 54866"] The Russian economy is borked. Half the country has no infrastructure or even metalled roads much less decent education or healthcare. I have a Russian friend who is the son of a government minister. Where was his son educated? England. Where is their main residence? England. Where do they bank? England. Why? Because Putin and the goons can take anything you have any time in Russia. UK debt has grown like many countries. The problem is that many people including a lot of TFF cannot distinguish between conventional debt and government debt. The national debt is held in the form of bonds and gilts. A form of paper IOUs offered to investors who see them as a very very safe investment. This indicates that people have confidence in the UK economy as the government offer bonds on terms that suit them as borrowers. This is a huge cry from being unable to issue bonds and having to borrow from the ECB or IMF. People seem to think it is a trade deficit that causes national debt. That is not the case. What private individuals or businesses elect to buy or where is there business. Also as I have said a trillion times before, it matters not a jot where something is assembled it is who owns the IP and sells it who makes the margin. You would think a forum populated by farmers would largely recognise that. Maybe we should have all gone to the LSE rather than drank ourselves stupid in the union bar at the agricultural establishment we attended. Ironic because over 50 percent of this forum now discusses methods or ideas that fly in the face of the old school stuff we were taught. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Farm Business
Politics, Covid19 and Brexit
Is Trump Right About Free Trade
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top