Granny Danger Posted November 13, 2017 Author Share Posted November 13, 2017 1 minute ago, MuckleMoo said: I know pretty much feck all about how all this debt works as I'm about to demonstrate with my following question. Hypothetically, if the political will was there globally would it be possible to push the reset button on all this world debt? I understand that it wouldn't be easy (bit of an understatement) but let's face it, this money doesn't actually exist. Certainly not in hard currency anyway. And even if we could would it be a good idea to do so? Or would we be creating more problems for the future? I'm certainly no expert but if countries default once why trust them again? The whole world economy may be a house of cards but whilst folk are willing to believe in its stability it can continue; remove the illusion and the whole thing is fucked. 1 Quote Link to comment Share on other sites More sharing options...
NotThePars Posted November 13, 2017 Share Posted November 13, 2017 Gone are the days when you could do a Philip II of Spain and just expel all your creditors. 1 Quote Link to comment Share on other sites More sharing options...
dorlomin Posted November 13, 2017 Share Posted November 13, 2017 1 hour ago, MuckleMoo said: I know pretty much feck all about how all this debt works as I'm about to demonstrate with my following question. Hypothetically, if the political will was there globally would it be possible to push the reset button on all this world debt? I understand that it wouldn't be easy (bit of an understatement) but let's face it, this money doesn't actually exist. Certainly not in hard currency anyway. And even if we could would it be a good idea to do so? Or would we be creating more problems for the future? A lot of pensions money is tied up in government debts as they tend to be pretty safe. Also banks use it as capital to lend against, though the rules are trying to be changed, that would mean it would create a huge credit crunch. 1 Quote Link to comment Share on other sites More sharing options...
Thistle_do_nicely Posted November 13, 2017 Share Posted November 13, 2017 1 hour ago, MuckleMoo said: I know pretty much feck all about how all this debt works as I'm about to demonstrate with my following question. Hypothetically, if the political will was there globally would it be possible to push the reset button on all this world debt? I understand that it wouldn't be easy (bit of an understatement) but let's face it, this money doesn't actually exist. Certainly not in hard currency anyway. And even if we could would it be a good idea to do so? Or would we be creating more problems for the future? A problem I could see (also very limited in my understanding, admittedly!) is that it would be too punitive against countries with lower/more sustainable debt levels and too favourable to those who are up shit creek. 0 Quote Link to comment Share on other sites More sharing options...
dorlomin Posted November 14, 2017 Share Posted November 14, 2017 Good luck Australia #Yes 0 Quote Link to comment Share on other sites More sharing options...
Eednud Posted November 15, 2017 Share Posted November 15, 2017 Good luck Australia #Yes 7.82m YES (61.6%)4.87m NO (38.4%)79.5% participation rate.Now after spending shit loads on it they have to see if there are enough dinky-die Aussie parliamentarions to get a Bill that will be passed by both houses.http://www.news.com.au/lifestyle/gay-marriage/how-australia-voted-on-samesex-marriage/news-story/856052cb744b25f734d04c1714e202e7 1 Quote Link to comment Share on other sites More sharing options...
capybara Posted November 15, 2017 Share Posted November 15, 2017 Minimum booze pricing in the way. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted November 15, 2017 Author Share Posted November 15, 2017 22 minutes ago, capybara said: Minimum booze pricing in the way. In the way of you getting drunk? 0 Quote Link to comment Share on other sites More sharing options...
Jmothecat2 Posted November 15, 2017 Share Posted November 15, 2017 £14 minimum price for a bottle of spirit apparently. Seems a bit steep. 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted November 15, 2017 Share Posted November 15, 2017 1 minute ago, Jmothecat2 said: £14 minimum price for a bottle of spirit apparently. Seems a bit steep. That's the idea. 0 Quote Link to comment Share on other sites More sharing options...
Jmothecat2 Posted November 15, 2017 Share Posted November 15, 2017 That's the idea. Bit annoying. I suppose it will impact on supermarket deals as well. 0 Quote Link to comment Share on other sites More sharing options...
capybara Posted November 15, 2017 Share Posted November 15, 2017 In the way of you getting drunk? [emoji38] Never. I have cut down a lot . Knocking too much back when my dad was dying. But I have slowed down a bit. 0 Quote Link to comment Share on other sites More sharing options...
1320Lichtie Posted November 15, 2017 Share Posted November 15, 2017 Minimum pricing is a lot of pish. 0 Quote Link to comment Share on other sites More sharing options...
mizfit Posted November 15, 2017 Share Posted November 15, 2017 Utter shite 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted November 15, 2017 Author Share Posted November 15, 2017 11 minutes ago, Jmothecat2 said: Bit annoying. I suppose it will impact on supermarket deals as well. My understanding is that the companies do not have to pay any more tax or duty, so things like “meal deals” with wine would not be affected; just ‘discount’ the food more. We might see more of this actually. “Snack deal - packet of peanuts and bottle of Smirnoff for £12” 2 Quote Link to comment Share on other sites More sharing options...
Jmothecat2 Posted November 15, 2017 Share Posted November 15, 2017 Don't know what you drink but £14 for a bottle of Whisky is dirt cheap! I rarely spend that little on whisky but for gin and tonic I tend to just get Tesco's own gin as I'm diluting it anyway. It will only add a couple of quid so isn't a huge issue, minor gripe really. 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted November 15, 2017 Share Posted November 15, 2017 5 minutes ago, Granny Danger said: My understanding is that the companies do not have to pay any more tax or duty, so things like “meal deals” with wine would not be affected; just ‘discount’ the food more. We might see more of this actually. “Snack deal - packet of peanuts and bottle of Smirnoff for £12” Couldn't do it- the Smirnoff would still need to be sold at 50p a unit. 0 Quote Link to comment Share on other sites More sharing options...
mizfit Posted November 15, 2017 Share Posted November 15, 2017 Isn’t it going to effect the cheap ciders, super strength lagers and the like actually? Or have I misread it? 1 Quote Link to comment Share on other sites More sharing options...
Whatif Posted November 15, 2017 Share Posted November 15, 2017 So responsible drinkers now to be penalised for the minority who cannot control thmselves . Lets now have minimum pricing on everything deemed by the nanny state to be bad for us. Let's start with fast food shops and high sugar drinks. 0 Quote Link to comment Share on other sites More sharing options...
Baxter Parp Posted November 15, 2017 Share Posted November 15, 2017 1 minute ago, Jmothecat2 said: I rarely spend that little on whisky but for gin and tonic I tend to just get Tesco's own gin as I'm diluting it anyway. It will only add a couple of quid so isn't a huge issue, minor gripe really. Yeah the only things that'll be badly affected will be cheap 2 ltr bottles of cider and the like. 0 Quote Link to comment Share on other sites More sharing options...
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