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Nigel Watson
Economics Help
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Comments by "Nigel Watson" (@nigelwatson2750) on "Economics Help" channel.
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The UK has been exporting taxpayers and importing benefit claimants.
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Housing demand should NOT be confused with housing wants. In practice, housing demand is determined by little more than the supply and demand for mortgage credit.
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@alexmodeen6150 Exactly. Many people confuse a want with actual market demand. Access to, and the price of, credit, determines housing demand, and thus house prices.
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Total normie take. Do you think that he chose to take part in the medical experiment? 🥲
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Keynesian mumbo-jumbo
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Keynesian mumbo-jumbo
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If immigrants can only borrow £50K that's all that they will be able to pay, plus whatever they have saved. The more that people can borrow, the more they can pay, and this inflates house prices. However, the reverse process occurs during a credit contraction. We are just at very start of a credit contraction now. You may have noticed interest rates rising. @paulgbar666
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Nothing to do with more young people suffering from illnesses as a consequence of having been coerced into taking part in a medical experiment back in 2021-23. Blaming young people who have got sick as a result of that experiment is contemptable.
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Emigration from the UK is up after Brexit. But, but, but, I thought that Brexit would stop Brits from emigrating 🤣
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Probably boosted multiple times, though 🤣
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The government decides to pay nearly 20m people 80% of their wages to do nothing, and 18 months later, there's huge inflation. Go figure! https://www.youtube.com/watch?v=cXfSZYZqBZg
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All that needs to be done is some expansionary fiscal policy and looser monetary policy to boost AD 😅 #KeynesianMumboJumbo
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The only way the UK will grow is by ditching technocracy - central planning has never worked. It's not just the bloated public sector that's the problem. The other issue is excessive state regulation of the private sector.
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Boomer who already owns a house, recommends that young people borrow even more than what he borrowed, so that they can pay even an even higher price for their 'home'.
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'Normie' Keynesian take - of course house prices will rise in nominal terms.
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How are you defining demand?
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Looney-tunes Keynesian - the solution to every economic problem is: inject more aggregate demand, by either running a bigger fiscal deficit, or by persuading the Bank of England to cut interest rates. We have had Keynesian solutions for 40 years. And these solutions have failed every time. It's now time for a change!
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This dude is a typical normie.
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