Ernest
Stupid IDIOT
John Major has come out and told the Tories not to make a deal with the DUP
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General Election 2017
- Thread starter Giraffe
- Start date
Moshe Gariani
Well-known member
- Mar 10, 2005
- 12,089
Yes. Betting at long odds on about things that are very likely to happen is literally buying money. There is no downside and I would join you in encouraging everyone to get involved.
It is really easy. You find something that is very likely to happen and then you stake a large amount of money backing that outcome.
You should normally be able to get around 1.10 on something that is very likely to happen and thus achieve a 10% return on your investment. Where else can you get that sort of interest rate these days?
Even better is betting at 1.05 on things that are almost certain to happen. These can readily be unearthed with a bit of shrewd research and offer a practically risk-free 5% interest rate.
Enough already with the "S&S" - it's anything but, as everyone can clearly see
Interesting that Dominic Cummings, the former Vote Leave campaign director and former special adviser to Michael Gove, is using his Twitter account to highlight how the whole Department for Exiting the European Union (DExEU) is a shambles. Two of DExEU’s (Department for Exiting the European Union) four ministers have just left - a week before Brexit talks begin. Hmmm.
Machiavelli
Well-known member
With you, and yes, there's the immediate political issue, but also longer-term ones that are at stake. The reference to Buzzer was far more informed by his overall political position (which I disagree with) rather than his current analysis of politics/government/parliament (which I agree with).
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,310
the Labour borrowing is not the same as QE. QE has brought up bonds that the Bank of England holds either until expiry or they can sell back into the market to deflate the economy. its a transfer between balance sheets, doesn't dissipate directly into the wider economy by design, it applies a moderate inflationary pressure that's reversible. Labour's plan is to borrow 50bn extra a year, at interest cost, and spend directly on unspecified project, with a significant effect on inflation as money supply would greatly increase. side effect would be to push up interest rates and taxation to attempt to counteract that inflation.
* their plan used to be to print money, they where apparently advised against that being sensible.
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Leekbrookgull
Well-known member
Well said,you can't just borrow without consequences.
Leekbrookgull
Well-known member
R4 today at 1pm news (around 1-10+) gave an good insight as to the possible long term outlook for politics in N/I and the Tories on the Mainland.
Buzzer
Languidly Clinical
- Oct 1, 2006
- 26,121
Well...quite. My scenario is predicated on no deal with a bunch of homophobic throw-backs to the 70s and on May quitting. I still think she will go. She's on notice from the 1922 Committee and I've seen nothing so far to suggest that she's got what it takes to get things back on track. I'm done completely with supporting them if the DUP are part of the government. I suspect there's lots who think the same way.
Ernest
Stupid IDIOT
May off to Paris for the football so no agreement likely to be signed off today, John Major's intervention won't have helped either
Leekbrookgull
Well-known member
J/M on R4 gave a solid Q and A session. I am a Brexit voter,but J/M has asked serious questions without being personell.
vegster
Sanity Clause
- May 5, 2008
- 27,894
Any deal with the DUP is going to cost May, the government and us quite a bit. 10 seats and they have NEVER had it so good, this is their time in the sun for however short a time and they are going to exact a heavy price for their co-operation. If May caves in against this lot, what would she be like negotiating with Europe !
vegster
Sanity Clause
- May 5, 2008
- 27,894
Yes, I listened in today, very interesting, did you stay on for the 15 minute Jeremy Bowen series on the Middle East, seems like a lifetime ago but how we were duped by Bush/Blair.
Leekbrookgull
Well-known member
No,but as J/M rightly points out what about S/F or other parts of the U/K.
Leekbrookgull
Well-known member
Will give it a listen.
CherryInHove
Active member
- Apr 16, 2015
- 154
I thought this was quite interesting and shows that Labour didn't just win the the "students wanting free stuff", but beat the Tories in every single employment category other than Retired.
Perhaps rather than other people's suggestion about raising the voting age, we should put a cap on it, so you can't vote when you're retired.
Perhaps rather than other people's suggestion about raising the voting age, we should put a cap on it, so you can't vote when you're retired.
Butch Willykins
Well-known member
I thought this was quite interesting and shows that Labour didn't just win the the "students wanting free stuff", but beat the Tories in every single employment category other than Retired.
Perhaps rather than other people's suggestion about raising the voting age, we should put a cap on it, so you can't vote when you're retired.
What the hell is the "other" category? What are these people doing all day?
lawros left foot
Glory hunting since 1969
I thought this was quite interesting and shows that Labour didn't just win the the "students wanting free stuff", but beat the Tories in every single employment category other than Retired.
Perhaps rather than other people's suggestion about raising the voting age, we should put a cap on it, so you can't vote when you're retired.
Educational achievement is revealing as well, so much for Labour supporters not understanding grown up politics
lawros left foot
Glory hunting since 1969
Trustafarisns living of their rich parents money, maybe
Butch Willykins
Well-known member
But wouldn't they come under "Not working".
There is an awful lot of choices for doing bugger all but only one for doing a full weeks work.