Comments by "gerhard7" (@gerhard7323) on "Is Labour Economic Policy any Different to Conservatives?" video.

  1. If governments effectively keep giving ever more money to already rich people in order to keep these equity and asset bubbles inflated - that's where much of the damaging inflation is - then something has to give somewhere in the system. Any 'growth' we're seeing is largely an illusion and mainly just benefits the relatively wealthy few. Trouble is this is then used as the excuse for wider tax rises, as we've seen recently with NI increases, and raises the prospect of ever more cuts in public spending in order to allegedly balance the books.
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  2. Despite the popular narrative today, if you look at the economic fundamentals in the 1970s in the UK we'd never had it so good, even given the oil crisis. The neo liberalism of Thatcher really marked the beginning of the end and EVERY UK government since hasn't deviated significantly from that playbook.
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  3. @Alex-df4lt  These countries are IN the sainted EU. Germany and France, both EU linchpins, the former its bankroller, are in dire straits politically and economically and debt to gdp ratios in countries like Italy, Belgium, France, Greece and even outlier Spain are over 100%. And you call that whataboutism? Seriously?
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  4. A lot if this is just f*cking about with debt numbers, how and where they appear on balance sheets, be it public or private, and how this then plays with 'the money markets'. For example, the UK Central Government chooses to shift much of its potential debt burden onto local councils and make legal requirements for the services they, not the central government, must provide. The Chinese government do much the same with their regional governments incidentally. So much 'accountancy' smoke and mirrors afoot I'm afraid.
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  5. What an utterly ill-informed comment. Take a look at what's happening in the EU, particularly to its major players, for crying out loud.
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  6.  @Alex-df4lt  Do you seriously want me to do it for you? Look at what's happening to the politics in France and Germany. Look at the political shifts there and elsewhere in Europe. Look at the levels of debt to gdp of some these countries. Greece's economy today, despite the austerity miracle narrative being attached to it, remains smaller than in 2008. None SO blind as those who WON'T see 🙈
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  7.  @Alex-df4lt  Extraordinary.
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