Coronavirus - political views - supporting or otherwise...

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Doing well? Well, if you mean they are securely in power, certainly. If you mean doing well by doing a good job on the response to this virus, and preventing further economic self harm by making sensible decisions on European cooperation including extending transition, you are utterly deluded.
Still licking those old Brexit wounds that are amplified by the demise of your great hope for humanity. Never mind, maybe the words of Marx can encourage some self contemplation for yourself and a few likeminded.


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That said, it made what I thought was a very valid point. Why should a sovereign nation have such a large amount of money sat doing nothing? Gold might go up in value but it doesn't earn interest that could be spent on, e.g. a new school or hospital.

The same reason people have their money in savings accounts offering almost nothing. Stability and security.

It was short termism, the fire sale actually dropped the price of what we retained by 10%. No government should have the power to liquidate that amount of assets.
 
The same reason people have their money in savings accounts offering almost nothing. Stability and security.

It was short termism, the fire sale actually dropped the price of what we retained by 10%. No government should have the power to liquidate that amount of assets.
Governments do it all the time, in 1996 John Major sold all MOD Housing to Annington Homes for £1.2Bn to fund a 2p income tax cut just before the GE and agreed to lease the housing back to the MOD, that deal has cost us nearly £4Bn and is still rising. I’m sure at the time the then Chancellor thought it was a good idea.

https://amp.ft.com/content/8012d33a-04f8-11e8-9650-9c0ad2d7c5b5

https://www.theguardian.com/uk-news...ough-sale-of-military-homes-says-audit-office

Sunak has been fantastic with all his initiatives during this crisis spending £188Bn up to now, but who’s to say in 10-20 years history will judge him differently or uncover areas were people will claim money was wasted?

As stated many times: “Hindsight is a wonderful thing”
 
Governments do it all the time, in 1996 John Major sold all MOD Housing to Annington Homes for £1.2Bn to fund a 2p income tax cut just before the GE and agreed to lease the housing back to the MOD, that deal has cost us nearly £4Bn and is still rising. I’m sure at the time the then Chancellor thought it was a good idea.

As stated many times: “Hindsight is a wonderful thing”

I'm not being pro tory at all. Just following up your incorrect claim that selling 56% of our gold for unstable currency to attempt to earn interest is an "urban myth". The Tories caused Black Wednesday under Major, another pretty terrible decision!

I'm not sure you can compare keeping the economy and people afloat in a pandemic to a crap attempt to raise capital. And obviously hindsight helps determine the true effect of these decision, obviously everyone thought they were making the correct decision at the time. Doesn't excuse the outcome tho.
 
The same reason people have their money in savings accounts offering almost nothing. Stability and security.

It was short termism, the fire sale actually dropped the price of what we retained by 10%. No government should have the power to liquidate that amount of assets.

Stability, is that when you put a gold bar under a table leg? Security, is that when you bash someone with a gold bar? I realise its a flippant answer, perhaps even facetious, but please explain what a hoard of gold is worth when you need new hospitals and schools? Yes, with assets you can borrow more at a better rate but why when you have something achieving no interest?

I think the idea to sell wasn't bad, but I think the timing, and what a lot of the money was spent on was poor. The what it was spent on is perhaps something that needs a good look at too.

You believe it was wrong, fine. I think it was a good idea, poorly executed.
 
I'm not being pro tory at all. Just following up your incorrect claim that selling 56% of our gold for unstable currency to attempt to earn interest is an "urban myth". The Tories caused Black Wednesday under Major, another pretty terrible decision!

I'm not sure you can compare keeping the economy and people afloat in a pandemic to a crap attempt to raise capital. And obviously hindsight helps determine the true effect of these decision, obviously everyone thought they were making the correct decision at the time. Doesn't excuse the outcome tho.
I don’t doubt what he did and how it looks since, the Urban Myth is the fact it judged by present standards, at the time it was done for the right reasons.

Therefore people simply go along with the party line rather than looking at the facts.(y)
 
While the other thread talked a bit about masks yesterday I guess chat about the health, scientific, social or political rational of waiting 10 days to start the practice needs to be in this thread

I get some folks will have to buy masks for the first time (although I'd like to hear thoughts from anyone who deliberately hasn't taken the opportunity to buy one yet) but with zero restrictions on shopping, the 10 day lead time to start seems excessive to me
 
I've got a box of disposable ones, sent in an order by a Chinese customer so I'm covered. If you are not tech savvy, don't go on the internet, where do you buy them from? I'm not being awkward, I'm trying to look at this from the perspective of someone older for example who only buys from shops, not Amazon etc. Are they widely available yet to buy and if so where?

10 days seems excessive but maybe that might be needed to give time for people and shops to get them in.
 
I've got a box of disposable ones, sent in an order by a Chinese customer so I'm covered. If you are not tech savvy, don't go on the internet, where do you buy them from? I'm not being awkward, I'm trying to look at this from the perspective of someone older for example who only buys from shops, not Amazon etc. Are they widely available yet to buy and if so where?

10 days seems excessive but maybe that might be needed to give time for people and shops to get them in.



As I understand it... It's a face covering that's required rather than a medical style face mask... I will be continuing to use tubular scarfs [snoods] pulled up to cover mouth/nose... The more garish the better... Herself got some medical style masks from Aldi/Lidl ready for a hospital visit in case her homemade ones were deemed not suitable... Most of us "older" folk will own a bog standard scarf which could be pressed into use...
 
As I understand it... It's a face covering that's required rather than a medical style face mask... I will be continuing to use tubular scarfs [snoods] pulled up to cover mouth/nose... The more garish the better... Herself got some medical style masks from Aldi/Lidl ready for a hospital visit in case her homemade ones were deemed not suitable... Most of us "older" folk will own a bog standard scarf which could be pressed into use...

Exactly what I use. Until anyone says otherwise, I am sticking to using a snood pulled up over my mouth and nose. Bought a 6 pack at the beginning of lockdown when it looked likely that face coverings would be needed. Suspect that there wil be a bit of a run on them now.
 
Exactly what I use. Until anyone says otherwise, I am sticking to using a snood pulled up over my mouth and nose. Bought a 6 pack at the beginning of lockdown when it looked likely that face coverings would be needed. Suspect that there wil be a bit of a run on them now.

I had some lying around from my bank robbing days ;):)...
 
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