Blairites staging a coup...

[Digby]

But you don't understand any of this so I'm wasting my time.

I'd best call my mother, time to put that economics degree in the bin. Though we can perhaps rally around the idea that degrees in economics are a waste of time, sort of.

You don't have an economics degree.

Sadly it's true, and an A-level. Although 'tis possible I'm imagining the whole thing, why I'd imagine four hour lectures on econometrics I don't know, perhaps I like the cruel and unusual

[UGagain]

The BofE has no say in the matter.

There is no independence. That's just a hoax for the rubes like you.

The government is the sovereign currency issuer. The Bo E is a government agency subject to the orders of the executive.

And that is that.

Sort of. I think in the event of it happening, not that I think Corbyn has a chance of winning an election, we'd see resignations such it might be politically untenable to proceed, although Corbyn does like to proceed in the face of resignations and his positin being untenable. Certainly the government could force through such action, and it's right as the elected officials power is with the government, but it would be removing what independence the BoE currently holds

There would be no force required or permission need be granted.

The executive has all the power and all the facilities necessary.

[UGagain]

I'd best call my mother, time to put that economics degree in the bin. Though we can perhaps rally around the idea that degrees in economics are a waste of time, sort of.

You don't have an economics degree.

Sadly it's true, and an A-level. Although 'tis possible I'm imagining the whole thing, why I'd imagine four hour lectures on econometrics I don't know, perhaps I like the cruel and unusual

I don't believe for a second that you have an economics degree.

You're a bullshitter. And not a very good one.

[Digby]

You don't have an economics degree.

Sadly it's true, and an A-level. Although 'tis possible I'm imagining the whole thing, why I'd imagine four hour lectures on econometrics I don't know, perhaps I like the cruel and unusual

I don't believe for a second that you have an economics degree.

You're a bullshitter. And not a very good one.

It'd be another case of your beliefs contrasting sharply with reality. Fwiw I've found you an article from what might be a dangerous right wing publication but still, and just to warn it talks of printing money - https://www.theguardian.com/commentisfr ... peoples-qe

[Which Tyler]

I see we still can't have political discussions without children throwing tantrums.

[Digby]

I see we still can't have political discussions without children throwing tantrums.

By the standards of t'internet it doesn't seem that bad. Not that I typically bother to look at the politics section as it's usually just the rugby for me, and will likely just be the rugby again once I'm a little more over the referendum result.

[Which Tyler]

I see we still can't have political discussions without children throwing tantrums.

By the standards of t'internet it doesn't seem that bad. Not that I typically bother to look at the politics section as it's usually just the rugby for me, and will likely just be the rugby again once I'm a little more over the referendum result.

Agreed; but it still means we don't get the chance to have an actual discussion over... anything at all in the politics section.
The likes of you and I basically never post over here because it's impossible to have an actual discussion. Look what happened whilst UG was flouncing for a week or so - we had a few threads, including the first few pages of this one, iof actual discussion and exchange of ideas; now we're back to children throwing tantrums.
By the end of the week it'll be back to 3-4 people going round in circles of their echo-chamber yet again; whilst the rest of us ignore it and sometimes wish it was worth the hassle of engaging, but deciding that it definitelyi isn't.

[Stones of granite]

I see we still can't have political discussions without children throwing tantrums.

By the standards of t'internet it doesn't seem that bad. Not that I typically bother to look at the politics section as it's usually just the rugby for me, and will likely just be the rugby again once I'm a little more over the referendum result.

You can't possible have an economics degree, you haven't accused anyone of being a nonce yet.

[Digby]

I see we still can't have political discussions without children throwing tantrums.

By the standards of t'internet it doesn't seem that bad. Not that I typically bother to look at the politics section as it's usually just the rugby for me, and will likely just be the rugby again once I'm a little more over the referendum result.

You can't possible have an economics degree, you haven't accused anyone of being a nonce yet.

Yet. Though I wouldn't start with a mindset that not having an economics degree equates one to a nonce, if anything the opposite

[Mellsblue]

By the standards of t'internet it doesn't seem that bad. Not that I typically bother to look at the politics section as it's usually just the rugby for me, and will likely just be the rugby again once I'm a little more over the referendum result.

You can't possible have an economics degree, you haven't accused anyone of being a nonce yet.

Yet. Though I wouldn't start with a mindset that not having an economics degree equates one to a nonce, if anything the opposite

I'm confused. I started an economics degree but quit after the first year as I didn't want to disprove the theory that you can't be killed through boredom. Am I a nonce or not, and am I allowed to call others a nonce?

[Stones of granite]

You can't possible have an economics degree, you haven't accused anyone of being a nonce yet.

Yet. Though I wouldn't start with a mindset that not having an economics degree equates one to a nonce, if anything the opposite

I'm confused. I started an economics degree but quit after the first year as I didn't want to disprove the theory that you can't be killed through boredom. Am I a nonce or not, and am I allowed to call others a nonce?

Seeing as you only did one year, you can only call others an admirer of underage children, you haven't qualified for full-on nonce denunciation.

[Digby]

You can't possible have an economics degree, you haven't accused anyone of being a nonce yet.

Yet. Though I wouldn't start with a mindset that not having an economics degree equates one to a nonce, if anything the opposite

I'm confused. I started an economics degree but quit after the first year as I didn't want to disprove the theory that you can't be killed by boredom. Am I a nonce or not, and am I allowed to call others a nonce?

I don't know tbh, then again I alleviated much of the boredom by taking the 15 minute breaks to pop into the SU and consume sufficient alcohol to make the rest of many lectures tolerable. If pushed then the axiomatic potential cost of calling someone a nonce would tend to rule against such actions, at least on the grounds they too didn't study economics, on all other grounds it's fine.

[Stones of granite]

Yet. Though I wouldn't start with a mindset that not having an economics degree equates one to a nonce, if anything the opposite

I'm confused. I started an economics degree but quit after the first year as I didn't want to disprove the theory that you can't be killed by boredom. Am I a nonce or not, and am I allowed to call others a nonce?

I don't know tbh, then again I alleviated much of the boredom by taking the 15 minute breaks to pop into the SU and consume sufficient alcohol to make the rest of many lectures tolerable. If pushed then the axiomatic potential cost of calling someone a nonce would tend to rule against such actions, at least on the grounds they too didn't study economics, on all other grounds it's fine.

A real economist would have produced a simple piece of algebra to explain that, while dressing it up as advanced mathematics.

[Digby]

I'm confused. I started an economics degree but quit after the first year as I didn't want to disprove the theory that you can't be killed by boredom. Am I a nonce or not, and am I allowed to call others a nonce?

I don't know tbh, then again I alleviated much of the boredom by taking the 15 minute breaks to pop into the SU and consume sufficient alcohol to make the rest of many lectures tolerable. If pushed then the axiomatic potential cost of calling someone a nonce would tend to rule against such actions, at least on the grounds they too didn't study economics, on all other grounds it's fine.

A real economist would have produced a simple piece of algebra to explain that, while dressing it up as advanced mathematics.

Actually we typically had to give two answers, one a mathematical proof, the other a written answer

[Stones of granite]

I don't know tbh, then again I alleviated much of the boredom by taking the 15 minute breaks to pop into the SU and consume sufficient alcohol to make the rest of many lectures tolerable. If pushed then the axiomatic potential cost of calling someone a nonce would tend to rule against such actions, at least on the grounds they too didn't study economics, on all other grounds it's fine.

A real economist would have produced a simple piece of algebra to explain that, while dressing it up as advanced mathematics.

Actually we typically had to give two answers, one a mathematical proof, the other a written answer

Did you only get full marks if they contradicted each other?

[Digby]

A real economist would have produced a simple piece of algebra to explain that, while dressing it up as advanced mathematics.

Actually we typically had to give two answers, one a mathematical proof, the other a written answer

Did you only get full marks if they contradicted each other?

Again I'm not sure. A goodly number of the econometric lectures fell on a Wednesday, and whilst the University will tell you they support students availing themselves of the full student experience a lot of actual departments run things in a way which causes problems for those doing other things on a Wednesday. Thus many of my answers were something I put together myself and not based on a known economic theory, at least not known to me. I'd like to think I don't contradict myself, though luckily for me there are great big fields of economics given to researching our contradictory ways

This does seem to have veered somewhat from the starting point of Corbyn facing a revolt, and that Corbyn is now dealing with the revolt using a twin pronged attack which seems to sit between it hasn't happened and it isn't important.

[Stones of granite]

Actually we typically had to give two answers, one a mathematical proof, the other a written answer

Did you only get full marks if they contradicted each other?

Again I'm not sure. A goodly number of the econometric lectures fell on a Wednesday, and whilst the University will tell you they support students availing themselves of the full student experience a lot of actual departments run things in a way which causes problems for those doing other things on a Wednesday. Thus many of my answers were something I put together myself and not based on a known economic theory, at least not known to me. I'd like to think I don't contradict myself, though luckily for me there are great big fields of economics given to researching our contradictory ways

This does seem to have veered somewhat from the starting point of Corbyn facing a revolt, and that Corbyn is now dealing with the revolt using a twin pronged attack which seems to sit between it hasn't happened and it isn't important.

Yes. Sorry.
So, Corbyn. It occurs to me that there is a very strong chance of a Labour Party meltdown that will eclipse even the Scottish Labour meltdown. The Corbynistas appear in no mood to back down, while the PLP is showing no sign of accepting him. So, unless something gives, even a leadership election is likely to take the party no further forward and there will be an impasse, which could only really be broken by mass deselections followed by byelections.
Coupled with the blood-letting in the Tory party, it looks like the UK is going to be to all intents and purposes ungoverned over the next 3/4 months.

[Sandydragon]

It looks like the Conservatives want a successor in by September. Which is a month quicker than originally suggested. Oliver Leoteim has been detailed to investigate Brezit options (better late than never). Meanwhile the only politician who seems to have an idea of what to do next is Sturgeon, and it appears that Jinker is happy to speak to her about an independent Scotland.

Interesting and dangerous times. I wonder what th odds are for an election this year?


Sent from my iPhone using Tapatalk

[Stones of granite]

It looks like the Conservatives want a successor in by September. Which is a month quicker than originally suggested. Oliver Leoteim has been detailed to investigate Brezit options (better late than never). Meanwhile the only politician who seems to have an idea of what to do next is Sturgeon, and it appears that Jinker is happy to speak to her about an independent Scotland.

Interesting and dangerous times. I wonder what th odds are for an election this year?


Sent from my iPhone using Tapatalk

If Sturgeon gets the right response from the EU, it could be UDI before Christmas.

[Donny osmond]

I'd quite like to have done economics instead of environmental chemistry. Am I still a nonce?

Sent from my XT1052 using Tapatalk

[Stones of granite]

I'd quite like to have done economics instead of environmental chemistry. Am I still a nonce?

Sent from my XT1052 using Tapatalk

Environmental Chemistry sounds dangerously like a real science, rather than a faux science like Economics, therefore, the answer is probably yes. But you'd have to ask an Economist, I'm just an Engineer.

[Donny osmond]

I'd quite like to have done economics instead of environmental chemistry. Am I still a nonce?

Sent from my XT1052 using Tapatalk

Environmental Chemistry sounds dangerously like a real science, rather than a faux science like Economics, therefore, the answer is probably yes. But you'd have to ask an Economist, I'm just an Engineer.

Mmm. Maybe now, but 20 years ago when I finished my degree it was very much a wee pretendy science. The fact that I've since done a pstgrad in IT and become a computing teacher should do 2 things: 1 confirm my nonceness and 2 doesn't matter the 2nd one I've just started 6 weeks holiday BOOYAAH

Sent from my XT1052 using Tapatalk

[Digby]

It looks like the Conservatives want a successor in by September. Which is a month quicker than originally suggested. Oliver Leoteim has been detailed to investigate Brezit options (better late than never). Meanwhile the only politician who seems to have an idea of what to do next is Sturgeon, and it appears that Jinker is happy to speak to her about an independent Scotland.

Interesting and dangerous times. I wonder what th odds are for an election this year?


Sent from my iPhone using Tapatalk

If Sturgeon gets the right response from the EU, it could be UDI before Christmas.

There's a big deficit in the Scottish accounts, so Scotland needs the EU to ignore that, of which there's no chance else Greece will be straight on the phone, then Spain, then Italy..., or they need oil to go up about $160 a barrel, or they need England and Wales to plug the gap as a thank you for Scotland voting to leave. Else the SNP would need to make simply huge cuts to public spending, and probably have big rises in taxes. I don't have a particular position on Scottish or Welsh independence, or indeed on whether NI remains part of the UK, but for any changes in these areas to come about it should be worked out in advance what you want to do, and how you'll actually do it.

[Stones of granite]

It looks like the Conservatives want a successor in by September. Which is a month quicker than originally suggested. Oliver Leoteim has been detailed to investigate Brezit options (better late than never). Meanwhile the only politician who seems to have an idea of what to do next is Sturgeon, and it appears that Jinker is happy to speak to her about an independent Scotland.

Interesting and dangerous times. I wonder what th odds are for an election this year?


Sent from my iPhone using Tapatalk

If Sturgeon gets the right response from the EU, it could be UDI before Christmas.

There's a big deficit in the Scottish accounts, so Scotland needs the EU to ignore that, of which there's no chance else Greece will be straight on the phone, then Spain, then Italy..., or they need oil to go up about $160 a barrel, or they need England and Wales to plug the gap as a thank you for Scotland voting to leave. Else the SNP would need to make simply huge cuts to public spending, and probably have big rises in taxes. I don't have a particular position on Scottish or Welsh independence, or indeed on whether NI remains part of the UK, but for any changes in these areas to come about it should be worked out in advance what you want to do, and how you'll actually do it.

Yes, you're right, there's an issue with the deficit. An oil price of $160 isn't necessary, though, about $120 would be enough. As it happens, I predict we'll see $120 within a year from now.

[Digby]

If Sturgeon gets the right response from the EU, it could be UDI before Christmas.

There's a big deficit in the Scottish accounts, so Scotland needs the EU to ignore that, of which there's no chance else Greece will be straight on the phone, then Spain, then Italy..., or they need oil to go up about $160 a barrel, or they need England and Wales to plug the gap as a thank you for Scotland voting to leave. Else the SNP would need to make simply huge cuts to public spending, and probably have big rises in taxes. I don't have a particular position on Scottish or Welsh independence, or indeed on whether NI remains part of the UK, but for any changes in these areas to come about it should be worked out in advance what you want to do, and how you'll actually do it.

Yes, you're right, there's an issue with the deficit. An oil price of $160 isn't necessary, though, about $120 would be enough. As it happens, I predict we'll see $120 within a year from now.

Fair enough. I seem to recall from the budget Salmond sort of projected it'd be tight, very tight on that sort of oil price, but if Scotland wants to make a go of it that's as it should be. I'd have some concerns around helping pay for any move to independence, namely the Scots can pay for all of it if they want it, and around border controls, both navy deployments and port controls. It'd be horrible to have an actual border go up and bad for business, but either Scotland could I suppose just pay towards the Royal Navy, or put its own boats into service, and then have adequate port/border controls or there'd have to be a border and no free movement of goods and people.

In saying I'm fine with Scotland, Wales and Northern Ireland all leaving the UK I do wonder where this stops, does Cornwall leave, what of London or the South-East, and who'll be the first to create Freedonia?