70 P a pint in 1970 !!!!!!!

Dont think so……its was LSD in those days.

I bought my first pint in a pub in 1977 and paid 22p for it.

Whitbread tankered (ok……I didnt know any better then).
In the Old **** in Didsbury……happy days.

All that said it is indeed a very interesting question, however it would require a very long answer (searches for old Economics text books).

I believe Harold Macmillon said (paraphrase) the pound in your pocket does not change with devaluation of currency. Alas not so !

Sorry Alan, what decent scores are they ?

R Bopara 4 3 0 22 16 7.33 0 0 0

Average 7.33 , best 16 ?

Moggy

I have a question for you. It might sound a little silly in the asking but……

Knowing what you know now…..would you have done things much differently when you were younger ?

PS Speaking personally I hope I will be able to do much haunting. But also hope many years hence, since there is still much to do.

Even more money for the legal eagles…….better build some more court rooms.

………thats rough………….

A man who achieved the almost impossible and inspired an enire planet.

His accomplishments were amazing in aviation and not just space travel. All that and to remain a very modest man who described himself as ” a nerdy engineer”.

I read a quote today from his family. To paparphrase it it went along the lines of:
“next time you see the moon just give Neil a wink”

I certainly will………….

God speed a true hero of mankind.

I suspect Mr Hollande is playing politics here other than dealing with economics.

The Euro zone IS offering Greece more money providing they match certain criteria.

I’m not of the opinion that the euro zone is adopting the correct approach re Greece. On one hand they are deseperate to keep the euro zone “whole” as it were. On the other hand Greece is a basket case and I cannot see how they can ever re-pay the owed funds. As I say, more politics than economics.

Either way it is Governments effecting directly the economic path of a country.

Edgar Brooks

Yes I agree. Capitalism and Communism as practised in the 20th and 21st centuries have been proved not to work.

A sad inditement of man kind. After all these years on the planet will still cannot evolve an economic system that works.

From todays Daily Torygraph

“IMF advises delaying austerity until growth returns
Cutting government spending in a crisis will condemn a country to an even deeper recession and inflict “permanent” damage on the economy, the International Monetary Fund has warned. “

Well CD you obviously know much more than the IMF………………………………

So CD
AA/ You do not believe Governments can create growth.
BB/ You do not believe Governments can create jobs.

So, what is the point then in Goverments, politics or economics ?

Could you please come up with an economist or economic theory to back up your beliefs that Governments cannot effect the economy ?

The reason why the deficit has recently increased again is due to a sudden slump in the payment of Corporation Tax.

If this slump continues and all the indications are that they will what do you think is going to happen ?
Especially when an expedential reduction in the tax take starts to occur ?

Its a long time since I was studying economics but I was always taught that when putting forward point you need to back it up with a reasoned argument.

I know what you will reply……..lets keep cutting spending……well if that continues to occur take a tip.

Buy in lots of food and what-ever-else you need to survive. Since quite frankly an complete economic brake down could very possibly occur especially if the euro zone breaks up. And that situation might well be much closer than you think.

Still, capitalism has never worked successfully. Thanks to greed indemic in western society it always breaks down into war and depression, killing millions.

My model for recovery is to follow is FDR’s example plus a large dose of JMK. Further, for this country to return to a part planned economy other than slavishly following the free market principals which as I alluded to above dont seem to work.

What would be your approach CD ?

PS This inept, socially devisive and economically inept Government will be very soundly beaten in the next election.
Nick Clegg has assured that the Lim Dems will return to total obscurity.
UKIP will not feature strongly in the next election.
Labour will win the next election. Though I doubt this will improve things much since I dont think the two Ed’s have the intillect or economic policys to succeed. Things might be a little better if the other Milliband holds high office.

………..god help us all………..