Posted May 02, 2016
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HunchBluntley
language geek
Registered: Jul 2014
From United States
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Smannesman
4-bit classic
Registered: Oct 2010
From Netherlands
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catpower1980
Hello World
Registered: May 2009
From Canada
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Matruchus
Don't ignore Tux
Registered: Jun 2011
From Slovenia
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Anothername
StubbornOldGamer
Registered: Sep 2008
From Germany
Posted May 02, 2016
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Kind of brilliant.
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Gede
GNU/Linux user
Registered: Nov 2014
From Portugal
Posted May 02, 2016
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Is the "helicopter money" you describe related to Keynes' "digging holes" view on stimulating the econ? I did read about giving some minimum funds to needy families, but that is already going around (and being misapplied) here in Portugal for some years. I can relate to the principle, but not with its current implementation.
And if the UK represents so little of the EU's GDP, how did Cameron manage to strike a "special deal" with Brussels? It seems to me that the UK hold a lot of influence around here.
You seem like a very well informed person. I would like to read what else you have to say on this matter.
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wpegg
Optimus Pegg
Registered: Nov 2009
From United Kingdom
Posted May 02, 2016
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There are some numbers on wikipedia from 2015: https://en.wikipedia.org/wiki/Economy_of_the_European_Union some basic arithmetic there puts the figure at 17.5%, recently I've heard numbers chucked around between 13% and 17%, it's somewhere in that ballpark.
Also, while Friedman first proposed the concept of helicopter money in 1969, this is the first time it's actually been properly tried by a developed economy.
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Matruchus
Don't ignore Tux
Registered: Jun 2011
From Slovenia
Posted May 02, 2016
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Your numbers are a bit suspect I'm afraid. The UK is the 5th largest economy in the world, if you consider that there are 28 eu member states, if the UK was contributing just 3%, that would make it the smallest contributor to GDP, below countries like Malta (assuming a roughly even distribution of the rest), which is clearly untrue.
There are some numbers on wikipedia from 2015: https://en.wikipedia.org/wiki/Economy_of_the_European_Union some basic arithmetic there puts the figure at 17.5%, recently I've heard numbers chucked around between 13% and 17%, it's somewhere in that ballpark.
Also, while Friedman first proposed the concept of helicopter money in 1969, this is the first time it's actually been properly tried by a developed economy.
Here something about helicopter money: http://www.eubusiness.com/news-eu/ecb-eurozone-bank.173e
As for GDP share of UK - I was wrong.
Post edited May 02, 2016 by Matruchus
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wpegg
Optimus Pegg
Registered: Nov 2009
From United Kingdom
Posted May 02, 2016
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Eitot
Registered: Oct 2012
From Netherlands
Posted May 02, 2016
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Kind of brilliant.
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Gede
GNU/Linux user
Registered: Nov 2014
From Portugal
Posted May 03, 2016
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As for GDP share of UK - I was wrong.
And I too was wrong. There was some cover of TTIP yesterday on TV. However, I think it lasted less than the first anniversary of Princess Charlotte of Cambridge.
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(...)
Within that time the UK is still formally a Member State, so they could still participate in the negotiations and vote for TTIP.
So, if the UK leaves the EU, they can spend 2 years messing things up to ensure the EU will not pose a threat to their influence in the region? I know that their vote alone poses a limited influence, but if they can cause the acceptance of some legislation that they will not be subjected to in the following day, where is the fairness in that? We already know what parties do before leaving office.
I'm sorry if I have a somewhat unflattering view of the UK, but I never recognized them as much of a team player in the EU.
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wpegg
Optimus Pegg
Registered: Nov 2009
From United Kingdom
Posted May 03, 2016
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KiNgBrAdLeY7
Слава России! ура́
Registered: Apr 2012
From Other
Posted May 03, 2016
No. Not exactly... More like an unveiling of the biggest villains out there, currently, whom besides every human alive, threaten the future of everyone and the environment, as well as future generations, too. But seriously, anyone who manages to eliminate "Monsanto", fully deserves the title "Saint"; by whatever means available, of course... And the likes of them. Survival, health, environment and future itself are VERY heavy words and concepts, for random corporate suits to forcibly cut off from everyone; for mere money, too...
Post edited May 03, 2016 by KiNgBrAdLeY7
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Gede
GNU/Linux user
Registered: Nov 2014
From Portugal
Posted May 04, 2016
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It is a bit scary to recognize how little so many things changed. And how many situations make me recall scenes on the show.
I'm thinking of watching the British House of Cards one day.
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XYCat
The Fox says:
Registered: Dec 2009
From Christmas Island
Posted May 05, 2016
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The ONLY thing muslims got right, is that America is evil. Well, not the continent itself, really, just the world-bankers residing there, the corporations, the warmongering military... And Monsanto. And companies like it.
"ruling of themselves FOR THEMSELVES"? Yeah good luck with that. Especially with the countries heavily dependent on importing stuff stince they fucked up their agriculture by setting up ineffective solar plants and shit.
Do you want to see a european country ruling itself for itself anyway? Check out Ukraine.