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Guest neesy111

Ask yourselves this very simple question: how come practically every government, company and household in the Western world is in ever increasing debt? Shouldn't it be so in theory that for every pound loaned out to somebody there should be a pound deposited by somebody else? If nearly everybody is in debt, who is lending it to them (us)?

 

That's far too simplistic, nobody lends £1 out to get £1 back for a start.  The economy is far too complex for us to discuss it properly on here anyway.  It's a head bursting topic really as money has to constantly move to keep the economy going and governments have to constantly print additional money.  They would have to do that anyway just to stand still as the population grows.

 

So close, yet so far away from understanding. It's not the governments constantly printing additional money, it's the banks!

 

The only banks that can print money are the central banks of a country, who in turn lend this to the banks.  Which is otherwise known as quantitative easing.

 

Nope.  Who owns the central bank?  When you take out a loan, where does the money come from?

 

The public of that country.

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Guest neesy111

 

 

When was the last time a payday loan company screwed the entire global economy, plunged millions into poverty, destroyed the livelihoods of countless families and sent governments running to the IMF while throwing the most vulnerable members of society on the scrapheap?

 

A CCJ for non payment of a £300 payday loan doesn't seem so bad compared to the damage the selfish, greedy, economic vandals have caused.

 

:lol:  That post is mad, payday loans haven't screwed over the entire global economy but that's only because of the size of the payday loan companies.  If all of the banks went to the wall tomorrow and we had to go to a payday loan company the next time we wanted credit for a new car or an extension on our houses we’d be shagged.

 

If we didn’t have banks and a company wanted to borrow to invest and had to pay back the interest to a payday loan company we’d all be out of work within a couple of years as nobody could afford to invest and if companies fail to invest they usually go out of business unless they have a niche market.

 

Anyway the banks didn’t screw the economy without the help of governments and borrowers but it’s easy for everybody to point the finger at the banks instead of taking some of the blame themselves. 

 

You silly twat.

 

We had banks that lent to businesses. We had banks that lent you money for a new car.  What we didn't have is banks that have gambled thousands of times more money than actually exists in order to line their pockets.

 

Oh, and that's your money they're gambling with.  Ask Cyprus.

 

Comparing Cyprus to the UK.

 

Seriously not enough :lol: for that.

 

Don't worry about it, I wouldn't expect someone of your limited intellect to grasp the key points.  Maybe go colour something in.

 

Piss off.

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Guest bimpy474

 

 

When was the last time a payday loan company screwed the entire global economy, plunged millions into poverty, destroyed the livelihoods of countless families and sent governments running to the IMF while throwing the most vulnerable members of society on the scrapheap?

 

A CCJ for non payment of a £300 payday loan doesn't seem so bad compared to the damage the selfish, greedy, economic vandals have caused.

 

:lol:  That post is mad, payday loans haven't screwed over the entire global economy but that's only because of the size of the payday loan companies.  If all of the banks went to the wall tomorrow and we had to go to a payday loan company the next time we wanted credit for a new car or an extension on our houses we’d be shagged.

 

If we didn’t have banks and a company wanted to borrow to invest and had to pay back the interest to a payday loan company we’d all be out of work within a couple of years as nobody could afford to invest and if companies fail to invest they usually go out of business unless they have a niche market.

 

Anyway the banks didn’t screw the economy without the help of governments and borrowers but it’s easy for everybody to point the finger at the banks instead of taking some of the blame themselves. 

 

You silly twat.

 

We had banks that lent to businesses. We had banks that lent you money for a new car.  What we didn't have is banks that have gambled thousands of times more money than actually exists in order to line their pockets.

 

Oh, and that's your money they're gambling with.  Ask Cyprus.

 

Comparing Cyprus to the UK.

 

Seriously not enough :lol: for that.

 

Don't worry about it, I wouldn't expect someone of your limited intellect to grasp the key points.  Maybe go colour something in.

 

Oi i still enjoy doing that  :okay:

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It's sad to say I can see us selling him on this ground the day before season starts and not replacing him, mind you reckon mail are probably jumping the gun, he'll most likely just play sponsorless, maybe he can be sponsored by one of those sharia law banks

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So let me guess this straight Cisse is fine with wearing a Virgin Money logo but is against a Wonga logo.

 

Doesn't add up to me.

 

Guess you have to draw a line somewhere, making a distinction between a proper bank and a payday loans company doesn't seem too unreasonable to me. Being religiously against wonga.com makes a lot more sense to me than most religious beliefs anyway

 

 

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Guest NobbyOhNobby

So let me guess this straight Cisse is fine with wearing a Virgin Money logo but is against a Wonga logo.

 

Doesn't add up to me.

Give over. No correlation between the two, and you're completely making some kind of bullshit awful reasoning here.

 

Show me where you can get a virgin money loan, with no credit check, at 1000% apr, whereby the apr increases with every payment missed.

 

One preys on those in society who are unable to obtain credit or require immediate credit to survive irrespective of cost, the other is a bank

 

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So let me guess this straight Cisse is fine with wearing a Virgin Money logo but is against a Wonga logo.

 

Doesn't add up to me.

Give over. No correlation between the two, and you're completely making some kind of bullshit awful reasoning here.

 

Show me where you can get a virgin money loan, with no credit check, at 1000% apr, whereby the apr increases with every payment missed.

 

One preys on those in society who are unable to obtain credit or require immediate credit to survive irrespective of cost, the other is a bank

 

and the bank doesn't loan money to profit ?

 

they are the same, the difference is the rate. (in fact the banks are worse as they carry more power leading us to where we are)

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It's sad to say I can see us selling him on this ground the day before season starts and not replacing him, mind you reckon mail are probably jumping the gun, he'll most likely just play sponsorless, maybe he can be sponsored by one of those sharia law banks

 

:lol:

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Be funny if Cisse's objections to Wonga don't stem from his religious beliefs but because he doesn't want to wear such an ugly fucking logo plastered across his chest.

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Guest Nobbys Trumpet

They renamed the stadium St James' Park and painted the top of the East stand plain again, but if they put a Newcastle Brown Ale logo on the top instead of Wonga I think I'd loan everything for the rest of my life

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Be funny if Cisse's objections to Wonga don't stem from his religious beliefs but because he doesn't want to wear such an ugly fucking logo plastered across his chest.

 

you find the wonga logo aesthetically displeasing?  can't say i do, it's just a boring fucking logo there's nothing notable about imo

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Be funny if Cisse's objections to Wonga don't stem from his religious beliefs but because he doesn't want to wear such an ugly fucking logo plastered across his chest.

 

you find the wonga logo aesthetically displeasing?  can't say i do, it's just a boring fucking logo there's nothing notable about imo

 

It just seems like we play for WONGA F.C.

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If this is true, then either a) Cisse wants a move and he's using this as an excuse to force it or b) he's got a bit big for his boots.

 

I noticed towards the end of last season, on the pitch Cisse was doing a lot of complaining about his team mates, so b) might well be the explanation here.

 

That's not good for team morale and I don't rate him that highly anyway, so as far as I'm concerned he can go.

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