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Bank of England governor Mark Carney upbeat on UK growth

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    #21
    Originally posted by meridian View Post
    how much of the debt has been paid down, or are we now borrowing in good times as well as bad?
    Its default by stealth. Sadly 1989 looks like an aberration.

    A government that will live within its means is needed.

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      #22
      Originally posted by GreenMirror View Post
      A government that will live within its means is needed.
      Will not happen in our lifetimes. More likely North Ireland and Scotland will break away from the UK creating their own version of the pound resulting in a sudden reduction in tax revenues. Treasury will print the pound into oblivion, thereby solving the debt issues and unbalanced economy in one swipe.

      “Civilizations die from suicide, not by murder.” – Historian Arnold Toynbee - and Wrexit is the noose.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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        #23
        Originally posted by d000hg View Post
        He's not a politician.

        ...

        Fair enough, "like a typical slimy politician".
        Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.

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          #24
          Originally posted by scooterscot View Post
          Will not happen in our lifetimes. More likely North Ireland and Scotland will break away from the UK creating their own version of the pound resulting in a sudden reduction in tax revenues. Treasury will print the pound into oblivion, thereby solving the debt issues and unbalanced economy in one swipe.

          “Civilizations die from suicide, not by murder.” – Historian Arnold Toynbee - and Wrexit is the noose.
          If Scotland leaves the union, it will cripple Edinburgh's commercial centre. Offices will have to relocate south of the border to continue working within the new UK.
          The greatest trick the devil ever pulled was convincing the world that he didn't exist

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            #25
            Originally posted by scooterscot View Post
            Will not happen in our lifetimes. More likely North Ireland and Scotland will break away from the UK creating their own version of the pound resulting in a sudden reduction in tax revenues. Treasury will print the pound into oblivion, thereby solving the debt issues and unbalanced economy in one swipe.

            “Civilizations die from suicide, not by murder.” – Historian Arnold Toynbee - and Wrexit is the noose.
            You have, of course, bet the farm on this outcome.

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              #26
              Originally posted by LondonManc View Post
              If Scotland leaves the union, it will cripple Edinburgh's commercial centre. Offices will have to relocate south of the border to continue working within the new UK.
              My prediction is the union will leave the union before Scotland has anything to do with it. It's already happening... sometimes we miss the obvious right under our noses because we believe it cannot happen. That's doesn't mean it'll not happen.

              There's more going on throughout the country besides, London and Edinburgh.
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                #27
                Originally posted by The_Equalizer View Post
                You have, of course, bet the farm on this outcome.

                History exists to teach the wise how to avoid the errors of the past. The fool walks on for a 2nd helping.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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