Comments by "bighand69" (@bighands69) on "Financial Times" channel.

  1. How does a commie get so much air time.
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  2. China's rise is really nothing more than western outsourcing. Most of China's wealth economy is based on western product development. I would say that if the west decides to take some of its industrial capabilities back from China it could be a disaster for China.
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  3. The Unions destroyed a lot of British companies. My father lost his job when I was growing up because the unions were striking that much companies went bankrupt. My father told me of a union strike once because there was no toilet roll. This was the real reason. Some companies as is normal went bankrupt through their own actions.
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  4. Only commies think he won.
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  5. Tourism is not enough to sustain an economy and with the move towards education being primary training it has meant the young educated population will move to the more industrial parts of the country. Having a career in tourism is a calling in that only certain people are suited to it. The People of Donegal are really to blame.
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  6. Ireland does a very poor job with its agriculture. It tends to sell its food as a raw source as opposed to processing it and getting higher value. Donegal has lots of forestry, sheep and bog lands but none of that is being used and its fishing industry is a joke. Donegal catch is owned by youngs and some of the food is actually processed in China. Look at what Iceland, Denmark and the Netherlands does with their food industry.
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  7. Neglect? The people in these counties simply do not care. They expect a good big government to sort everything out for them. People are so disconnected that they have allowed Dublin to become the center of power and hence removed their power. People have only themselves to blame. And nothing will change.
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  8. Germany is in recession like everybody else the real difference is that it is doing better than other countries in recession. When world trade picks up again when the debt cycle becomes manageable then pay will increase in Germany far more than other countries. And this increase in Germany will be more stable.
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  9. The homeless people in the US have problems and this is part of a greater social issues. The US is a very wealth country and is still the worlds number one exporter. The difference between the US and Germany is community based businesses. Germany has a lot small businesses that in turn are feeding the economy and they do not care about share prices. Germany also has a lot of automation which in turn means these small businesses have very high production outputs and they are competitive.
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  10. It is not the Euro that is giving Germany such growth it is the fact they export world wide. All those high tech machines in China are made in Germany. And there people are also focused upon production and exports. Germany is also built on small business that feed local communities. There are a mixture of reasons why Germany is very successful.
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  11. What do you mean by that and abuse compared to who.
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  12. Thomas Headley There has never been a true success story with quantitative easing. And now a central European currency could damage fairly strong economies that have not been responsible for this.  And these individual economies have no real ability to stop this QE. The Euro can be slowly dismantled if need be with few hiccups.  The issue here again is that there is a apathetic political population of Europe that have no desire to really stop this. 
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  13. Thomas Headley The truth is that the EU government cannot stop what is happening they are trying to put a square peg into a round role by making the hole bigger and the peg smaller.  But it will still not fit.  Governments have tried this micro economic management before and it did not work. What makes the EU think that it can some how do the same thing.  The US at some point is going to stop QE and the EU is now trying to extend this period by doing it them self. Who is next. Will it be China.  At some point the economies of the world will need to hit rock bottom before they can start to recover this shot in the arm that is being given is a temporary solution.  The US in the 1930s attempted QE as a measure to stop decline and guess what it did not work.  I will make wealth no matter what way the markets go but for others it will be exceptionally painful. 
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  14.  @estebanocon5041  Which is better boomer or Commie?
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  15. Green on the outside red in the middle.
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  16. Does the Marxist know?
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  17. And that money that is being kept of shore in the likes of Ireland is not even being used in Ireland it is just sitting around doing very little.
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  18. What does that mean?
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  19.  @robertwilson214  How?
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