Good News.....fastest Growth In 2...
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Sympathy, None
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About time the likes of O'Leary was bought back down to earth, (literally) greedy selfish, laughing all the way to the bank, fleecing passengers at every opportunity. Not any more, the boots are on the other feet. :0)
Answers
naomi - // The NHS should be run as a business by people who understand business. // To my mind, that is what encapsulates the issues which are dragging the NHS down. The NHS is not a business, it's a service, and the two run on very different systems for different reasons. In a business, everything must be cost effective, it must justify its position and maintain...
17:20 Fri 01st May 2020
Benefits come from taxes, and a deficit.
The banks have no money of their own, but create it at the touch of a button, and exchange it for government bonds, created, at the touch of a button.
Eventually the banks will be repaid, out of taxes.
The only winners from this insanity are the banks, and families like the Rothschild's.
1% of the worlds population own 40% of the worlds wealth.
Hmmm. Something stinks.
The banks have no money of their own, but create it at the touch of a button, and exchange it for government bonds, created, at the touch of a button.
Eventually the banks will be repaid, out of taxes.
The only winners from this insanity are the banks, and families like the Rothschild's.
1% of the worlds population own 40% of the worlds wealth.
Hmmm. Something stinks.
//the corollary is that Brits won't spending their own money abroad, so they can spend it at home; it works both ways.//
I take at least three, and usually four or five foreign holidays each year. I won’t tell you how much I spend because I’ll be accused of all sorts of things. But you can imagine it amounts to a tidy sum, even ignoring the air fares. There is absolutely no way on Earth I am going to spend anything like that sum here in the UK, even if everything was fully open and working normally. It simply doesn’t work like that.
I had a holiday to Europe booked for early June. That obviously has been knocked on the head. I already have my money returned in full, even from the hotel I’d booked at Gatwick for the night before departure. That was booked on a non-refundable basis but the hotel chain has acted admirably in the circumstances. All the funds are back in my bank.
The world will learn to live with Covid until the virus reaches the end of its life cycle (which, looking at other pandemics, will probably be 12 -24 months). In the meantime it will become simply another disease for which there is no realistic cure and against which those vulnerable and prone to develop severe symptoms will have to take precautions. The notion that the world economy will stay on hold for that period is nonsense.
Meanwhile, in the unreal world:
//I would be more than happy to see all pound land shops and the like of not reopen. //
//We don't need foreign tourists,…//
// 11.59 Do we really need luxury goods? essentials and none essentials spring to mind.//
//Naïve or not, like it or not, its back to the starting blocks, to me that's a good thing. Some sacrifices may be, but most sacrifices will be none essential anyhow.//
//Depends what you want and expect from life, luxury items, not sure what you see as luxury items /goods, but normally it involves raping the planet in most cases.//
//Expensive providers, there won't be any, give me blue skies any day. jobs? supporting the holiday industry in the UK, supporting the uk economy full stop, you could start by making PPE.//
Have you told the doctor you’ve stopped taking your tablets, teacake? If you want a sensible debate you need to stop ranting.
I take at least three, and usually four or five foreign holidays each year. I won’t tell you how much I spend because I’ll be accused of all sorts of things. But you can imagine it amounts to a tidy sum, even ignoring the air fares. There is absolutely no way on Earth I am going to spend anything like that sum here in the UK, even if everything was fully open and working normally. It simply doesn’t work like that.
I had a holiday to Europe booked for early June. That obviously has been knocked on the head. I already have my money returned in full, even from the hotel I’d booked at Gatwick for the night before departure. That was booked on a non-refundable basis but the hotel chain has acted admirably in the circumstances. All the funds are back in my bank.
The world will learn to live with Covid until the virus reaches the end of its life cycle (which, looking at other pandemics, will probably be 12 -24 months). In the meantime it will become simply another disease for which there is no realistic cure and against which those vulnerable and prone to develop severe symptoms will have to take precautions. The notion that the world economy will stay on hold for that period is nonsense.
Meanwhile, in the unreal world:
//I would be more than happy to see all pound land shops and the like of not reopen. //
//We don't need foreign tourists,…//
// 11.59 Do we really need luxury goods? essentials and none essentials spring to mind.//
//Naïve or not, like it or not, its back to the starting blocks, to me that's a good thing. Some sacrifices may be, but most sacrifices will be none essential anyhow.//
//Depends what you want and expect from life, luxury items, not sure what you see as luxury items /goods, but normally it involves raping the planet in most cases.//
//Expensive providers, there won't be any, give me blue skies any day. jobs? supporting the holiday industry in the UK, supporting the uk economy full stop, you could start by making PPE.//
Have you told the doctor you’ve stopped taking your tablets, teacake? If you want a sensible debate you need to stop ranting.
//1% of the worlds population own 40% of the worlds wealth.//
And d'ya know what? You could gather it all in, distribute it evenly across the 7bn or so people there are across the globe and within a month, or possibly even less the same 1% will have acquired the same 40%. Of the rest, as now, many people won't have receptacle to urinate in and quite a few, as now, will have enough for a comfortable life.
And d'ya know what? You could gather it all in, distribute it evenly across the 7bn or so people there are across the globe and within a month, or possibly even less the same 1% will have acquired the same 40%. Of the rest, as now, many people won't have receptacle to urinate in and quite a few, as now, will have enough for a comfortable life.
[i]It simply doesn’t work like that[i].
well, you don't work like that. Personally, if I can't travel abroad I'd be happy to travel at home (though both are currently unavailable). But if I can't, my money will still stay in this country, whether I spend it on other things or lend it to the bank on 0.00001% interest. Either way it will make up for the money Chinese tourists aren't spending here.
well, you don't work like that. Personally, if I can't travel abroad I'd be happy to travel at home (though both are currently unavailable). But if I can't, my money will still stay in this country, whether I spend it on other things or lend it to the bank on 0.00001% interest. Either way it will make up for the money Chinese tourists aren't spending here.
Fair enough, Theland. But the bar is not as high as some might think.
A US article I read in a reliable journal said "An income of $32,400 per year [£26000-eg a newish graduate/teacher, experienced nurse] would allow someone to be among the top 1% of income earners in the world.
To reach the top 1% worldwide in terms of wealth—not just income but all you own—you’d have to possess $744,400 in net worth [£590000] which is not unachievable for some one who doesn't have lots of children and saves well, has a pension pot and a property. Doesn't make them rich though- can be asset rich and cash poor and still be in top 1%
But okay, I'd be shocked if nearly all of us weren't in the top 5% in terms of wealth owning maybe 75%. An income of £10000 pa makes you richer than 86% of the population in terms of income.
Does that stink?
A US article I read in a reliable journal said "An income of $32,400 per year [£26000-eg a newish graduate/teacher, experienced nurse] would allow someone to be among the top 1% of income earners in the world.
To reach the top 1% worldwide in terms of wealth—not just income but all you own—you’d have to possess $744,400 in net worth [£590000] which is not unachievable for some one who doesn't have lots of children and saves well, has a pension pot and a property. Doesn't make them rich though- can be asset rich and cash poor and still be in top 1%
But okay, I'd be shocked if nearly all of us weren't in the top 5% in terms of wealth owning maybe 75%. An income of £10000 pa makes you richer than 86% of the population in terms of income.
Does that stink?
//...well, you don't work like that.//
No I don't. And nor do most of the people I know who travel regularly abroad. In the winter I usually take a trip to the Caribbean. Two weeks, sometimes three, guaranteed sun, lots of foreign food and booze. I am simply not going to spend that sum in the UK. Yes there are lots of nice places to visit (I know because I've visited many of them). But I am not going to invest a tidy sum when I know there is a good chance it will bucket down for most of my stay and I'll be scratching round for something to do inside (where I don't want to spend my hols anyway). If foreign travel was to be permanently ended I would take a few more trips within the UK but I would not spend anything like as much. My trips in the UK tend to be short notice (when the weather is set fair) short stays.
No I don't. And nor do most of the people I know who travel regularly abroad. In the winter I usually take a trip to the Caribbean. Two weeks, sometimes three, guaranteed sun, lots of foreign food and booze. I am simply not going to spend that sum in the UK. Yes there are lots of nice places to visit (I know because I've visited many of them). But I am not going to invest a tidy sum when I know there is a good chance it will bucket down for most of my stay and I'll be scratching round for something to do inside (where I don't want to spend my hols anyway). If foreign travel was to be permanently ended I would take a few more trips within the UK but I would not spend anything like as much. My trips in the UK tend to be short notice (when the weather is set fair) short stays.
nor do most of the people I know who travel regularly abroad
a carefully weighted statistical sample, then! That's fine, I travel myself when I can, but as I said - if I don't spend my money abroad, then it stays at home, so I'm adding to the nation's wealth what might have otherwise been provided by foreigners. When they start coming here again, you'll be able to go there again.
a carefully weighted statistical sample, then! That's fine, I travel myself when I can, but as I said - if I don't spend my money abroad, then it stays at home, so I'm adding to the nation's wealth what might have otherwise been provided by foreigners. When they start coming here again, you'll be able to go there again.
I have a lot to thank Ryanair for, both trips made by us, and tourists brought over to stay with us. His constant tinkering with extras drove me mad, but in perspective it was a minor thing. I do have some sympathy for O’Leary and what he had to deal with - some wanting to pay ten bob for a flight to a foreign destination, and be given a five star hotel if there was ten minutes delay. (OK that’s a slight exaggeration.)
//Starving the NHS and other services with austerity to repay the banks? Do you see my point?//
No I don't. Nobody has suggested that the NHS will be starved or that austerity will be imposed. In fact the PM stated precisely the opposite yesterday. The banks should not need rescuing. Some of them have suffered from bad loans in the past few weeks but not to the extent that they will need rescuing.
As an aside, I am not aware that the NHS has ever been "starved" for as long as I can recall. Just to take an example, in 2008 (the beginning of the "austerity" you are concerned about) its annual budget was £110bn. This year it is £159bn (Source: The Kings Fund). That's an increase of 45% or about 3.75% a year. Inflation in that time has been around 34% or 2.7% a year (source: The Bank of England). So the NHS has seen a real increase of about 11% in its funding. It is true the NHS is woefully inefficient and needs urgent reform. But simply throwing cash at it will not cure its ills.
No I don't. Nobody has suggested that the NHS will be starved or that austerity will be imposed. In fact the PM stated precisely the opposite yesterday. The banks should not need rescuing. Some of them have suffered from bad loans in the past few weeks but not to the extent that they will need rescuing.
As an aside, I am not aware that the NHS has ever been "starved" for as long as I can recall. Just to take an example, in 2008 (the beginning of the "austerity" you are concerned about) its annual budget was £110bn. This year it is £159bn (Source: The Kings Fund). That's an increase of 45% or about 3.75% a year. Inflation in that time has been around 34% or 2.7% a year (source: The Bank of England). So the NHS has seen a real increase of about 11% in its funding. It is true the NHS is woefully inefficient and needs urgent reform. But simply throwing cash at it will not cure its ills.
//a carefully weighted statistical sample, then!//
I didn't say it was. If I was prevented from travelling abroad my money would not "add to the nation's wealth". It would stay in my bank, earning pitiful interest. upon which would be charge pitiful tax. If I spent it here it would certainly add to the nation's wealth as it would attract VAT, Excise duties, etc. But I won't. So it will not remotely replace the income from foreign tourists who will spend and pay those taxes and duties.
I didn't say it was. If I was prevented from travelling abroad my money would not "add to the nation's wealth". It would stay in my bank, earning pitiful interest. upon which would be charge pitiful tax. If I spent it here it would certainly add to the nation's wealth as it would attract VAT, Excise duties, etc. But I won't. So it will not remotely replace the income from foreign tourists who will spend and pay those taxes and duties.
>>> I have no problems with anyone who becomes a successful Business man/women, the problem I have is with the ones that put their wallet before morals and values
Well I most definitely DON'T!
There is ONLY one reason to be in business, and that's to MAKE MONEY. Any businessman who actually cares one iota about their customers, their staff, the environment or anything else other than PROFIT simply shouldn't be allowed to continue trading.
The world needs many, many more businessmen in the mould of Michael O'Leary and Mike Ashley, who actually understand what business is all about!
Profit ALWAYS matters in business. People NEVER matter in business and must NEVER be allowed to.
Well I most definitely DON'T!
There is ONLY one reason to be in business, and that's to MAKE MONEY. Any businessman who actually cares one iota about their customers, their staff, the environment or anything else other than PROFIT simply shouldn't be allowed to continue trading.
The world needs many, many more businessmen in the mould of Michael O'Leary and Mike Ashley, who actually understand what business is all about!
Profit ALWAYS matters in business. People NEVER matter in business and must NEVER be allowed to.
NJ - I accept your analysis of NHS funding.
Increased demand, and advances in medicine surely add to the need for increased funding?
I'm confident that the numerous professional bodies that analyse the NHS and find it wanting more funding, are not blind to your figures, neither can the poor performance in many areas, be simply attributed to widespread failings of management.
The buck stops with the politicians, and yes, funding has been cut from what was needed as part of the austerity programme.
Increased demand, and advances in medicine surely add to the need for increased funding?
I'm confident that the numerous professional bodies that analyse the NHS and find it wanting more funding, are not blind to your figures, neither can the poor performance in many areas, be simply attributed to widespread failings of management.
The buck stops with the politicians, and yes, funding has been cut from what was needed as part of the austerity programme.
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