Urban75 Home About Offline BrixtonBuzz Contact

Jeremy Corbyn's time is up

I note he arrived in Bruxelles early today and got his public appearance in early enough to possibly steal some of Mayhems thunder. Commie Red Jez does seem to have started playing the nuances of the game better of late
This makes a lot of sense from the point of view of Junckers and his buddies, there is a very real chance that they might find themselves negotiating with a Labour government at some point before March 2019 which will probably change the whole tone of negotiations. It would be foolish in the extreme not to get the views of the man who might be the British PM before too long.
 
It would be foolish in the extreme not to get the views of the man who might be the British PM before too long.

I'd like to get Corbyn's views on why he feels that borrowing a huge amount of money will benefit the UK. Especially considering that such a policy was a disaster for Sweden, the country that some wrongly point to as a Socialist success :

"By the 1980s, Sweden’s collapse of economic growth and a government attempt to jumpstart the economy with a massive expansion of credit resulted in economic chaos, with stock market and real estate bubbles that burst, and interest rates that the Swedish central bank pushed up to 500 percent."

Per Bylund, Swedish Economist

"Despite Sweden’s economic recovery after the mid-1990s, socialists might be surprised to learn that it is still poorer than Mississippi, the lowest-income state in the United States."

Yonathan Amselem : “How Modern Sweden Profits from the Success of Its Free-Market History”
 
Last edited:
I'd like to get Corbyn's views on why he feels that borrowing a huge amount of money will benefit the UK. Especially considering that such a policy was a disaster for Sweden, the country that some wrongly point to as a Socialist success :

"By the 1980s, Sweden’s collapse of economic growth and a government attempt to jumpstart the economy with a massive expansion of credit resulted in economic chaos, with stock market and real estate bubbles that burst, and interest rates that the Swedish central bank pushed up to 500 percent."

Per Bylund, Swedish Economist

"Despite Sweden’s economic recovery after the mid-1990s, socialists might be surprised to learn that it is still poorer than Mississippi, the lowest-income state in the United States."

Yonathan Amselem : “How Modern Sweden Profits from the Success of Its Free-Market History”

2016 figures:

Mississippi GDP: 107,680 million USD

Sweden GDP: 511,397 million USD

I bet that Sweden also gets better rankings on things like overall health, child poverty, social mobility, and so on.

Really, if your lies are going to be this transparent, why bother?
 
Thank the lord we didn't have a socialist government in the 1980s whose policies produced stock market and real estate bubbles eh.

A very brief look at the credit expansion is that it's not govt borrowing but private sector financial market credit that expanded in Sweden in the 80s, and that crashed and burnt along with everywhere else in Europe at the crash and recession at the end of the 80s/early 90s.

Borrowing money to spend on new social housing will reduce the rental (and presumably also purchase) costs of the housing market in general. It may burst the bubble created by Thatcher and successors housing policies but it certainly won't create one. Nor will spending money on energy or transport, both of which are currently way overpriced - again may burst a bubble but won't create one. All three of these have the potential to produce ongoing income for the govt. from which borrowing can be repaid (transport least likely of these, housing definitely can).
 
And those figures per capita:

Mississippi: 36,029 USD (2016)
Sweden: 51,600 USD (2016)

That’s more than 40% higher for Sweden. If you’re going to troll with other people’s data, at least do a perfunctory check.
I was going to have a bash at him with these figures but you've beat me to it, only 2 US states (excluding D.C which is a bit of a freak) have a higher per capita than Sweden, Delaware and Connecticut both left leaning (by American standards) even the very impressive economy of California has a lower per capita than Sweden.
The USA is not the largest of the First World economies because of the wonders of laissez fair capitalism but because it is simply the biggest free world country plus the fact that it didn't get bombed flat in World War 2 gave it a head start afterwards.
 
I'd like to get Corbyn's views on why he feels that borrowing a huge amount of money will benefit the UK. Especially considering that such a policy was a disaster for Sweden, the country that some wrongly point to as a Socialist success :

"By the 1980s, Sweden’s collapse of economic growth and a government attempt to jumpstart the economy with a massive expansion of credit resulted in economic chaos, with stock market and real estate bubbles that burst, and interest rates that the Swedish central bank pushed up to 500 percent."

Per Bylund, Swedish Economist

"Despite Sweden’s economic recovery after the mid-1990s, socialists might be surprised to learn that it is still poorer than Mississippi, the lowest-income state in the United States."

Yonathan Amselem : “How Modern Sweden Profits from the Success of Its Free-Market History”
Your lamentable inability to fact-check is matched only by your overall stupidity. You remind me of a less spectacularly thick version of SqueakyBumTime but only marginally so.
 
I'd like to get Corbyn's views on why he feels that borrowing a huge amount of money will benefit the UK. Especially considering that such a policy was a disaster for Sweden, the country that some wrongly point to as a Socialist success :

"By the 1980s, Sweden’s collapse of economic growth and a government attempt to jumpstart the economy with a massive expansion of credit resulted in economic chaos, with stock market and real estate bubbles that burst, and interest rates that the Swedish central bank pushed up to 500 percent."

Per Bylund, Swedish Economist

"Despite Sweden’s economic recovery after the mid-1990s, socialists might be surprised to learn that it is still poorer than Mississippi, the lowest-income state in the United States."

Yonathan Amselem : “How Modern Sweden Profits from the Success of Its Free-Market History”

:D

I'm curious as to what you're gaining from doing this. I mean, I don't mind applauding a toddler's defecation, but at least get the turd in the potty, eh?
 
Are we still waiting for Happy Larry to put up some citations or other? I forget in among all the other things he's ignored or glossed over this thread so he could hit the reset button a day or so later and present himself as an authority on national borrowing strategies.
 
I think his problem is more and more people are ignoring him , I don't have it on ignore , but suggest.if you do bite just do it :) , he doesn't seem to reply to me lol
 
Both of Andrews daughters look like the kind of girl that you would wake up next to in the morning with a raging hangover and be seriously worried about whether you told them your real name the night before.
Beatrice especially has more than a touch of the crazy stalker type look about her.

Really?

Cunt.
 
I was going to have a bash at him with these figures but you've beat me to it, only 2 US states (excluding D.C which is a bit of a freak) have a higher per capita than Sweden, Delaware and Connecticut both left leaning (by American standards) even the very impressive economy of California has a lower per capita than Sweden.
The USA is not the largest of the First World economies because of the wonders of laissez fair capitalism but because it is simply the biggest free world country plus the fact that it didn't get bombed flat in World War 2 gave it a head start afterwards.

IIRC Delaware's income position is high partly due to the fact that so many US companies are incorporated there, with the concomitant effect of accruing lots of legal fees, incorporation fees and taxes.
 
Back
Top Bottom