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On Thu, 30 Aug 2012 12:33:00 +0100
"News" wrote: wrote: On Thu, 30 Aug 2012 10:40:46 +0100 "News" wrote: d wrote: If the previous government hadn't deliberaly flung the doors open to mass immigration we wouldn't now be having to cope with housing an extra 2 million people. If there was any justice in the world Tony Blair would be forced to rent out the rooms in his mansions. Or scrap the Stalinist Town & Country Planning act. Thatcher reinforced this Thanks, but I'd prefer to settle for not welcoming all the scum of the world onto this island. What the f**k are you on about oh senile one? Duh!!!!! Are you 12 or something? You sound like a schoolchild. The knock-on was that debt after debt was poured into land which resulted in the Credit Crunch - a collapse. An interesting rewrite of recent economic history. The root of the recent bust was because of LAND SPECULATION. Debt after debt was poured into tax free land. Your knowledge of economics is zero. *sigh* Part of the problem was CDOs partially based on unsecured US mortgage loans but thats not the same as land speculation and it wasn't the whole story. I can't be arsed to argue this with a child, go read up on it. B2003 |
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