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Wednesday Open Thread | 35 comments (35 topical, 0 editorial, 0 hidden)
Re: Wednesday Open Thread (none / 0)
I was talking about the search and rescue contract just let, given this context: Britain's current account deficit at worst level since 1989. The UK has its own currency and can always pay with it for services obtained from UK residents. And the US corporation that holds the search and rescue operation contract could agree to keep their profits in the UK, by, for example, purchasing UK real estate, or not.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Mar 27th, 2013 at 10:19:54 PM EST
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Re: Wednesday Open Thread (none / 0)
Good grief, that would be interfering with the free movement of capital. No self-respecting conservative govt would do that

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Mar 28th, 2013 at 03:49:47 AM EST
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Re: Wednesday Open Thread (none / 1)
And apparently no other party will criticize them for running up the trade deficit on behalf of the looters.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Mar 28th, 2013 at 01:08:14 PM EST
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Re: Wednesday Open Thread (none / 0)
ARGeezer:
running up the trade deficit on behalf of the looters.

ARG, that's their job description.

you know, front centre on the Secret Mission Statement.


'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Thu Mar 28th, 2013 at 01:43:15 PM EST
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Wednesday Open Thread | 35 comments (35 topical, 0 editorial, 0 hidden)
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