Cambon Posted August 28, 2020 Share Posted August 28, 2020 1 minute ago, Banker said: We can create money by running a deficit but it’s against the legislation so would require primary law changes. This is why we are borrowing instead which is basically same thing but idiots like cambon who are in marketing wouldn’t understand Borrowing in our case requires repayment. In the case of the uk does not.. They can "inflate" their way out via either exchange rates or tarrifs, which we cannot do. Simple economics. 1 Quote Link to comment Share on other sites More sharing options...
Banker Posted August 28, 2020 Share Posted August 28, 2020 2 minutes ago, Cambon said: Borrowing in our case requires repayment. In the case of the uk does not.. They can "inflate" their way out via either exchange rates or tarrifs, which we cannot do. Simple economics. What a load of bollocks, of course it needs repaying. They issue gilts which are no longer undated, inflation just reduces relative value over time. stop trying to be smarter than you are ! Quote Link to comment Share on other sites More sharing options...
Banker Posted August 28, 2020 Share Posted August 28, 2020 Here’s an article for cambon to educate him on government borrowing which he said doesn’t get repaid so dont lend him any!! https://www.google.com/amp/s/www.bbc.com/news/amp/business-50504151 Quote Link to comment Share on other sites More sharing options...
Cambon Posted August 28, 2020 Share Posted August 28, 2020 23 minutes ago, Banker said: Here’s an article for cambon to educate him on government borrowing which he said doesn’t get repaid so dont lend him any!! https://www.google.com/amp/s/www.bbc.com/news/amp/business-50504151 I love you Banker. I have spent over 40 years in international finance and you now want to educate me in something I have been a part of designing! Thank you so much! Snowflake! 2 Quote Link to comment Share on other sites More sharing options...
Cambon Posted August 28, 2020 Share Posted August 28, 2020 Oh look! Jersey has another two new cases today! Quote Link to comment Share on other sites More sharing options...
Nom de plume Posted August 29, 2020 Share Posted August 29, 2020 6 hours ago, Cambon said: Oh look! Jersey has another two new cases today! How’s that hospital over there? Are they coping? Quote Link to comment Share on other sites More sharing options...
Banker Posted August 29, 2020 Share Posted August 29, 2020 (edited) 33 minutes ago, Nom de plume said: How’s that hospital over there? Are they coping? None in it! Even howies mates Guernsey have decided testing is way to go after seeing Jersey successes Edited August 29, 2020 by Banker Quote Link to comment Share on other sites More sharing options...
Banker Posted August 29, 2020 Share Posted August 29, 2020 7 hours ago, Cambon said: I love you Banker. I have spent over 40 years in international finance and you now want to educate me in something I have been a part of designing! Thank you so much! Snowflake! I doubt that very much as someone who wants economy ruined more like a DOI worker!! 1 Quote Link to comment Share on other sites More sharing options...
Southfork Posted August 29, 2020 Share Posted August 29, 2020 17 hours ago, WTF said: his masters are still working on what they want him to tell us 2 Quote Link to comment Share on other sites More sharing options...
Cambon Posted August 29, 2020 Share Posted August 29, 2020 4 hours ago, Banker said: I doubt that very much as someone who wants economy ruined more like a DOI worker!! I don't want the economy ruining. If we get it back and Howie locks us down again, the economy is finished. At the moment, our economy is ticking over nicely, as is Guernsey's. People are spending more money than normal locally. I am in favour of testing on arrival - at the right time. Quote Link to comment Share on other sites More sharing options...
piebaps Posted August 29, 2020 Share Posted August 29, 2020 Meanwhile Hungary closes its border https://www.euronews.com/2020/08/28/hungary-to-close-its-borders-in-bid-to-curb-covid-19-resurgence Quote Link to comment Share on other sites More sharing options...
Nom de plume Posted August 29, 2020 Share Posted August 29, 2020 22 minutes ago, Cambon said: I don't want the economy ruining. If we get it back and Howie locks us down again, the economy is finished. At the moment, our economy is ticking over nicely, as is Guernsey's. People are spending more money than normal locally. I am in favour of testing on arrival - at the right time. How’s Jersey’s Hospital coping? Swamped? Quote Link to comment Share on other sites More sharing options...
Cambon Posted August 29, 2020 Share Posted August 29, 2020 27 minutes ago, Nom de plume said: How’s Jersey’s Hospital coping? Swamped? It does not matter how it is coping. It is how badly the virus spreads due to their voluntary quarantine system. Quote Link to comment Share on other sites More sharing options...
Banker Posted August 29, 2020 Share Posted August 29, 2020 Just now, Cambon said: It does not matter how it is coping. It is how badly the virus spreads due to their voluntary quarantine system. It’s not spreading, read the news!! meanwhile Guernsey getting ready for next phase whilst Howie sleeps! https://guernseypress.com/news/2020/08/29/seven-day-quarantine-until-at-least-october/ Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted August 29, 2020 Share Posted August 29, 2020 Quote no firm start date has yet been given Quote Link to comment Share on other sites More sharing options...
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