At last they acknowledge the truth

In my opinion ( I used to post in another forum but it became futile ) and stated long ago , the eu open door policy encourages big corporations /business to rape the host nation in their search for profits under a cloak of lies .... yes they can claim they make jobs ..... but mostly for cheap migrant labour lacing the host country facing wage cuts , social problems with housing education health ETC whilst in reality being of no real use for the people at ground level .... a factory full of cheap migrant labour is if no benifit to me
Yes they prattle on about they pay 'taxes' but in reality they do t once housing benifit ETC is taken into account and the cost of the state funding school places ( estimated it costs £12k /child annum for education , someone on £20k year pays about £3k tax)
I'm all for hard brexit not some halfway house that wasn't on the ballot form .... OUT means OUT , and yes I know there's a possibility of losing billions from the city but I don't care ..... these bankers /business billionaires have simply played every card for years in order to feather their own nests , pay fancy accountants to avoid paying tax ETC and I care not a jot for the peter greens of this world .

Carney warns about popular disillusion with capitalism http://www.bbc.co.uk/news/business-38210169


The Bank of England Governor Mark Carney has warned that people will turn their backs on free and open markets unless something is done to help those left behind by the financial crisis.
In a speech, he said: "Globalisation is associated with low wages, insecure employment, stateless corporations and striking inequalities."
In many advanced economies there are "staggering wealth inequalities," he added.
Mr Carney was speaking in Liverpool.
He told his audience that politicians and central bankers must act to ensure people do not lose faith in the current system.
"Turning our backs on open markets would be a tragedy, but it is a possibility," he said.
"It can only be averted by confronting the underlying reasons for this risk upfront."
Ahmed: Carney says get real, there are losers from free trade
Mr Carney, giving the Roscoe Lecture at Liverpool John Moores University, spoke of the need for wealth distribution and putting individuals back in control.
He cited Prime Minister Theresa May's criticism of "stateless corporations" who paid little tax and had little responsibility to local communities.
The governor said: "Redistribution and fairness also mean turning back the tide of stateless corporations."
"As the prime minister recently stressed, companies must be rooted and pay tax somewhere.
"Businesses operating across borders have responsibilities," he added.
'Challenges to prosperity'

Re: At last they acknowledge the truth

What does Carney know about real life? He seems to have lived a fairly sheltered life and is on a nice earner at the bank.
Like all bankers he sees us as a cash cow and like cows we must be fed just enough to keep him and his associates in cream. No cows, no cream, no farmers.

Re: At last they acknowledge the truth

First: Why do we to have a Canadian Mark Carney, as ‘Governor of the Bank of England’?
There are plenty of equally qualified British people just as clever as he is.
Also, his recent doom and gloom forecasts he prattled on about have been wrong as well.
He earns £874,000 per year, including £250,00 housing allowance.
He has never known hardship, but he is right about Staggering Wealth inequalities, considering the huge salary he gets.
Why doesn't he concentrate on putting the Banks in order. all making millions, and Directors getting huge bonuses and still neglecting their customers.

We do not need his advice about the Economy.
Our Prime Minister is well able to take care of that department.

Re: At last they acknowledge the truth

That sounds like a triumph of optimism over experience.

Re: At last they acknowledge the truth

Theresa has got plenty of clever men to advise her.

Re: At last they acknowledge the truth

No clever women ?

Re: At last they acknowledge the truth

Hi

Mrs May is most definitely herself.

Clever men or clever women makes no difference at all to her.

She makes her own mind up and just goes for it.

Re: At last they acknowledge the truth

My omission. there are many very good female economists in the government.

Re: At last they acknowledge the truth

Very true, swimfeeders.

Re: At last they acknowledge the truth

So have all British PMs since the war and look at the mess they've made.