Why are so many rubbish countries being allowed into the EU?
Jul 28th 2005, 9:04 pm
#136
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
On Fri, 29 Jul 2005 09:12:18 +0100, The Reids
<[email protected]> wrote:
>Following up to Martin
>>Carrots,cucumbers, lettuce, bell peppers ... from Holland all grown in
>>green houses using soon to be finished natural gas.
>and all flavourless, no doubt.
Without doubt. The limit was when Dutch tomatoes started turning up on
the plates in restaurants in Italy.
In Adelaide "international" cucumbers were on sale. They were
packaged, looked and tasted remarkably like Dutch cucumbers. The local
cucumbers are ugly. We don't want people eating ugly food.
--
Martin
<[email protected]> wrote:
>Following up to Martin
>>Carrots,cucumbers, lettuce, bell peppers ... from Holland all grown in
>>green houses using soon to be finished natural gas.
>and all flavourless, no doubt.
Without doubt. The limit was when Dutch tomatoes started turning up on
the plates in restaurants in Italy.
In Adelaide "international" cucumbers were on sale. They were
packaged, looked and tasted remarkably like Dutch cucumbers. The local
cucumbers are ugly. We don't want people eating ugly food.
--
Martin
Jul 28th 2005, 9:06 pm
#137
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
On Fri, 29 Jul 2005 09:12:19 +0100, The Reids
<[email protected]> wrote:
>Following up to Martin
>>>Yep, I don't see how you can allow all the countries capital to
>>>go abroad and remain rich.f
>>Except by large scale borrowing as in UK.
>are my c card debts making me rich?
They are paying for imported goods - your car for instance.
--
Martin
<[email protected]> wrote:
>Following up to Martin
>>>Yep, I don't see how you can allow all the countries capital to
>>>go abroad and remain rich.f
>>Except by large scale borrowing as in UK.
>are my c card debts making me rich?
They are paying for imported goods - your car for instance.
--
Martin
Jul 28th 2005, 9:13 pm
#138
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Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
The Reids <[email protected]> wrote:
>Following up to Wolfgang Schwanke
>>Do you look upon economical mechanisms as laws of
>>nature or as man-made constructs? If the latter, do you not agree we
>>can do something about them if we feel they do harm?
>can you alter the way supply and demand works?
That's what advertising attempts to do, for one example.
>The advantage of
>free market economics is that it sort of works,
Show me a free market. It is a very rare phenomenon.
>attempts to
>impose order on it usually fail because of its complexity.
We are made aware of failed attempts to interfere with or regulate
markets. There are many successes which we simply take for granted --
excise duties, sales taxes, subsidies, regulated prices, quality
requirements, and so on.
>We can
>of course try and regulate for its excesses.
--
PB
The return address has been MUNGED
>Following up to Wolfgang Schwanke
>>Do you look upon economical mechanisms as laws of
>>nature or as man-made constructs? If the latter, do you not agree we
>>can do something about them if we feel they do harm?
>can you alter the way supply and demand works?
That's what advertising attempts to do, for one example.
>The advantage of
>free market economics is that it sort of works,
Show me a free market. It is a very rare phenomenon.
>attempts to
>impose order on it usually fail because of its complexity.
We are made aware of failed attempts to interfere with or regulate
markets. There are many successes which we simply take for granted --
excise duties, sales taxes, subsidies, regulated prices, quality
requirements, and so on.
>We can
>of course try and regulate for its excesses.
--
PB
The return address has been MUNGED
Jul 28th 2005, 9:18 pm
#139
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Wolfgang Schwanke ha escrito:
> "Jordi" <[email protected]> wrote
> >
> > Perhaps, but they are in in a better position to talk about the matter
> > than a bunch of usenet armchair economists like us.
> I doubt that. We are in a better position to judge our own situations
> than some so-called "experts".
Their job is to look at the full picture.
'Data' is not the plural of 'anecdote'.
J.
> "Jordi" <[email protected]> wrote
> >
> > Perhaps, but they are in in a better position to talk about the matter
> > than a bunch of usenet armchair economists like us.
> I doubt that. We are in a better position to judge our own situations
> than some so-called "experts".
Their job is to look at the full picture.
'Data' is not the plural of 'anecdote'.
J.
Jul 28th 2005, 9:28 pm
#140
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Wolfgang Schwanke ha escrito:
> "Jordi" <[email protected]> wrote in
> >
> > Of course it was not a problem back then. It would be today, and that
> > is the reason nobody is employing that much people nowadays.
> I don't agree with your analysis, but never mind. What solution do you
> suggest?
I don't recall having suggested any. Especially because every one I may
have would not be possible to implement.
I don't recall you giving any other either.
> >
> > If you want to put it this way, the former west german economy relied
> > on a world where only a few modern countries were producing modern
> > consumer goods and equipment, producing at a very high rate and
> > spreading them all over the world.
> That's not an answer. Do you look upon economical mechanisms as laws of
> nature or as man-made constructs? If the latter, do you not agree we
> can do something about them if we feel they do harm?
You can't claim 60s west germany as a model for the future without
understanding what and how they were making it. It's not like 'we
should build big factories and employ lots of people like back then' if
those factories can't sell their produce.
Want 60s back? tear down every factory in Asia.
> > Try it, I'm all for a change.
> From where I'm standing you sound neoliberal.
Capitalism is not my cup of tea, but there are no working alternatives.
J.
> "Jordi" <[email protected]> wrote in
> >
> > Of course it was not a problem back then. It would be today, and that
> > is the reason nobody is employing that much people nowadays.
> I don't agree with your analysis, but never mind. What solution do you
> suggest?
I don't recall having suggested any. Especially because every one I may
have would not be possible to implement.
I don't recall you giving any other either.
> >
> > If you want to put it this way, the former west german economy relied
> > on a world where only a few modern countries were producing modern
> > consumer goods and equipment, producing at a very high rate and
> > spreading them all over the world.
> That's not an answer. Do you look upon economical mechanisms as laws of
> nature or as man-made constructs? If the latter, do you not agree we
> can do something about them if we feel they do harm?
You can't claim 60s west germany as a model for the future without
understanding what and how they were making it. It's not like 'we
should build big factories and employ lots of people like back then' if
those factories can't sell their produce.
Want 60s back? tear down every factory in Asia.
> > Try it, I'm all for a change.
> From where I'm standing you sound neoliberal.
Capitalism is not my cup of tea, but there are no working alternatives.
J.
Jul 28th 2005, 9:39 pm
#141
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Wolfgang Schwanke wrote:
> [email protected] wrote in
> news:[email protected] oups.com:
> >> Not necessarily, could also be they're just not gifted accordingly.
> You
> >> can't have a society full of academics. There must be a place for
> >> people who prefer to work with their hands.
> >>
> > fine, let them work with their hands, but they have no right to moan.
> You sound a bit arrogant. Everyone has the right to criticise.
under communism you could criticize your boss and not your leaders,
under capitalism you can criticize your leaders and not your boss.
> >> applied to humans, and therefore ought to be kept under control.
> Humans
> >> have rights and needs, which are more important than economic
> >> ideologies.
> >>
> >
> > Do you mean every human has the right to a job ?
> The right to an income, more precisely. If a job is the only method to
> get one, then that is the next conclusion.
> > Wrong
> This answer of yours reveals a misunderstanding. Political positions
> aren't about "right" or "wrong". They are about interests and ethics.
there are people that want to work, there are people who expect
something for nothing
> > Should I pay you money for doing nothing ? No
> Who ever asked you to do that? Don't change the subject.
you did by saying people have a right to income/job,
> > There are too many humans on this planet,
> Not really. The planet has enough resourced to feed and shelter 6
> billion people and some more, no problem. The resources are unfairly
> distributed because economic mechanisms prevent it.
yes, really. Oil will run out in our lifetime.
I agree resources are unfairly distributed, life is unfair, pay
attention in School because its your best chance of a decent life.
> > Life is full of market forces whether you like it or not.
> Political conditions help them to prevail. We can change political
> conditions such that market forces don't prevail where they do damage.
People are stupid, they do not vote for utopia they vote for their own
interests.
> [email protected] wrote in
> news:[email protected] oups.com:
> >> Not necessarily, could also be they're just not gifted accordingly.
> You
> >> can't have a society full of academics. There must be a place for
> >> people who prefer to work with their hands.
> >>
> > fine, let them work with their hands, but they have no right to moan.
> You sound a bit arrogant. Everyone has the right to criticise.
under communism you could criticize your boss and not your leaders,
under capitalism you can criticize your leaders and not your boss.
> >> applied to humans, and therefore ought to be kept under control.
> Humans
> >> have rights and needs, which are more important than economic
> >> ideologies.
> >>
> >
> > Do you mean every human has the right to a job ?
> The right to an income, more precisely. If a job is the only method to
> get one, then that is the next conclusion.
> > Wrong
> This answer of yours reveals a misunderstanding. Political positions
> aren't about "right" or "wrong". They are about interests and ethics.
there are people that want to work, there are people who expect
something for nothing
> > Should I pay you money for doing nothing ? No
> Who ever asked you to do that? Don't change the subject.
you did by saying people have a right to income/job,
> > There are too many humans on this planet,
> Not really. The planet has enough resourced to feed and shelter 6
> billion people and some more, no problem. The resources are unfairly
> distributed because economic mechanisms prevent it.
yes, really. Oil will run out in our lifetime.
I agree resources are unfairly distributed, life is unfair, pay
attention in School because its your best chance of a decent life.
> > Life is full of market forces whether you like it or not.
> Political conditions help them to prevail. We can change political
> conditions such that market forces don't prevail where they do damage.
People are stupid, they do not vote for utopia they vote for their own
interests.
Jul 29th 2005, 12:16 am
#142
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Following up to Martin
>>Its crazy, we built three lane motorways across the land, two
>>lanes are now permanently blocked by lorries doing 49 mph being
>>overtaken by ones doing 50mph, half of them transporting food
>>round the country to ensure its both unripe, stale and expensive
>>all at the same time.
>It's not just around UK, the trucks travel to UK from all over Europe.
>What do they take back?
I asked a truck driver that, he said a lot take back potatoes.
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
>>Its crazy, we built three lane motorways across the land, two
>>lanes are now permanently blocked by lorries doing 49 mph being
>>overtaken by ones doing 50mph, half of them transporting food
>>round the country to ensure its both unripe, stale and expensive
>>all at the same time.
>It's not just around UK, the trucks travel to UK from all over Europe.
>What do they take back?
I asked a truck driver that, he said a lot take back potatoes.
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
Jul 29th 2005, 12:32 am
#143
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
On Fri, 29 Jul 2005 09:12:16 +0100, The Reids
<[email protected]> wrote:
>Following up to Go Fig
>>> Yes. We ought to organise our society (which includes the way the
>>> economy works) in such a way that everyone can lead a satisfying life
>>> in it. If economic pressure causes a great portion of people to be
>>> unhappy,
>>So 'pony express' riders have a Right to a job?
>to use your example we are talking about pony express riders
>being undercut by low wage economy pony express riders willing to
>work at very low rates of pay. This is good for Pony Express TM
>but not for the riders or all other indigenous workers as pay and
>conditions are forced down. In the longer run it may not be good
>for Pony Express TM if they find they have no customers able to
>afford their product.
>I just read an article in the FT explaining how globalisation is
>not a bad thing for the average person. It was utterly
>unconvincing.
Do you really think Jay would comprehend anything you just wrote?
--
---
DFM - http://www.deepfriedmars.com
---
--
<[email protected]> wrote:
>Following up to Go Fig
>>> Yes. We ought to organise our society (which includes the way the
>>> economy works) in such a way that everyone can lead a satisfying life
>>> in it. If economic pressure causes a great portion of people to be
>>> unhappy,
>>So 'pony express' riders have a Right to a job?
>to use your example we are talking about pony express riders
>being undercut by low wage economy pony express riders willing to
>work at very low rates of pay. This is good for Pony Express TM
>but not for the riders or all other indigenous workers as pay and
>conditions are forced down. In the longer run it may not be good
>for Pony Express TM if they find they have no customers able to
>afford their product.
>I just read an article in the FT explaining how globalisation is
>not a bad thing for the average person. It was utterly
>unconvincing.
Do you really think Jay would comprehend anything you just wrote?
--
---
DFM - http://www.deepfriedmars.com
---
--
Jul 29th 2005, 12:51 am
#144
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Following up to Padraig Breathnach
>>can you alter the way supply and demand works?
>That's what advertising attempts to do, for one example.
I think it just tries to increase demand
>>The advantage of
>>free market economics is that it sort of works,
>Show me a free market. It is a very rare phenomenon.
a totally perfect market is a rare thing, most people say stock
exchanges. By the "Free market" I meant the "western" system
where we don't try and have a command economy but let it run its
course with the interventions you list below.
>We are made aware of failed attempts to interfere with or regulate
>markets. There are many successes which we simply take for granted --
>excise duties, sales taxes, subsidies, regulated prices, quality
>requirements, and so on.
>>We can
>>of course try and regulate for its excesses.
yep
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
>>can you alter the way supply and demand works?
>That's what advertising attempts to do, for one example.
I think it just tries to increase demand
>>The advantage of
>>free market economics is that it sort of works,
>Show me a free market. It is a very rare phenomenon.
a totally perfect market is a rare thing, most people say stock
exchanges. By the "Free market" I meant the "western" system
where we don't try and have a command economy but let it run its
course with the interventions you list below.
>We are made aware of failed attempts to interfere with or regulate
>markets. There are many successes which we simply take for granted --
>excise duties, sales taxes, subsidies, regulated prices, quality
>requirements, and so on.
>>We can
>>of course try and regulate for its excesses.
yep
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
Jul 29th 2005, 1:26 am
#145
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Following up to DDT Filled Mormons
>>to use your example we are talking about pony express riders
>>being undercut by low wage economy pony express riders willing to
>>work at very low rates of pay. This is good for Pony Express TM
>>but not for the riders or all other indigenous workers as pay and
>>conditions are forced down. In the longer run it may not be good
>>for Pony Express TM if they find they have no customers able to
>>afford their product.
>>I just read an article in the FT explaining how globalisation is
>>not a bad thing for the average person. It was utterly
>>unconvincing.
>Do you really think Jay would comprehend anything you just wrote?
Well, if he wanted to, maybe?
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
>>to use your example we are talking about pony express riders
>>being undercut by low wage economy pony express riders willing to
>>work at very low rates of pay. This is good for Pony Express TM
>>but not for the riders or all other indigenous workers as pay and
>>conditions are forced down. In the longer run it may not be good
>>for Pony Express TM if they find they have no customers able to
>>afford their product.
>>I just read an article in the FT explaining how globalisation is
>>not a bad thing for the average person. It was utterly
>>unconvincing.
>Do you really think Jay would comprehend anything you just wrote?
Well, if he wanted to, maybe?
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
Jul 29th 2005, 3:02 am
#146
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
The Reids <[email protected]> wrote:
>Following up to Padraig Breathnach
>>>can you alter the way supply and demand works?
>>That's what advertising attempts to do, for one example.
>I think it just tries to increase demand
The supply-demand mechanism is as fundamental to economics as the law
of the lever is to mechanics. But, just as one can change the moments
on a lever, one can cause supply or demand curves to shift. It cannot
be done with the same precision.
>>>The advantage of
>>>free market economics is that it sort of works,
>>Show me a free market. It is a very rare phenomenon.
>a totally perfect market is a rare thing, most people say stock
>exchanges.
No reasonable person would hold out a stock exchange as a good example
of a free market, because a truly free market is premised on full
information.
>By the "Free market" I meant the "western" system
>where we don't try and have a command economy but let it run its
>course with the interventions you list below.
>>We are made aware of failed attempts to interfere with or regulate
>>markets. There are many successes which we simply take for granted --
>>excise duties, sales taxes, subsidies, regulated prices, quality
>>requirements, and so on.
These interventions are significant. Most markets are interfered with,
directly or indirectly, by political actions. Capitalist ideologues
generally avoid these questions. Some ignore them so completely and
steadfastly that I think they are dishonest.
If a third-world sugar cane producer thought about economics, he would
advocate free markets.
--
PB
The return address has been MUNGED
>Following up to Padraig Breathnach
>>>can you alter the way supply and demand works?
>>That's what advertising attempts to do, for one example.
>I think it just tries to increase demand
The supply-demand mechanism is as fundamental to economics as the law
of the lever is to mechanics. But, just as one can change the moments
on a lever, one can cause supply or demand curves to shift. It cannot
be done with the same precision.
>>>The advantage of
>>>free market economics is that it sort of works,
>>Show me a free market. It is a very rare phenomenon.
>a totally perfect market is a rare thing, most people say stock
>exchanges.
No reasonable person would hold out a stock exchange as a good example
of a free market, because a truly free market is premised on full
information.
>By the "Free market" I meant the "western" system
>where we don't try and have a command economy but let it run its
>course with the interventions you list below.
>>We are made aware of failed attempts to interfere with or regulate
>>markets. There are many successes which we simply take for granted --
>>excise duties, sales taxes, subsidies, regulated prices, quality
>>requirements, and so on.
These interventions are significant. Most markets are interfered with,
directly or indirectly, by political actions. Capitalist ideologues
generally avoid these questions. Some ignore them so completely and
steadfastly that I think they are dishonest.
If a third-world sugar cane producer thought about economics, he would
advocate free markets.
--
PB
The return address has been MUNGED
Jul 29th 2005, 4:06 am
#147
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Following up to Padraig Breathnach
>>I think it just tries to increase demand
>The supply-demand mechanism is as fundamental to economics as the law
>of the lever is to mechanics. But, just as one can change the moments
>on a lever, one can cause supply or demand curves to shift. It cannot
>be done with the same precision.
Indeed, and only scarcity is more fundamental to economics,
otherwise it wouldn't exist!
>>>>The advantage of
>>>>free market economics is that it sort of works,
>>>Show me a free market. It is a very rare phenomenon.
>>a totally perfect market is a rare thing, most people say stock
>>exchanges.
>No reasonable person would hold out a stock exchange as a good example
>of a free market, because a truly free market is premised on full
>information.
I have read that that is the very reason that its near to a
*perfect* market, that the traders on a stock exchange are said
to be very well informed on what they are trading.
>If a third-world sugar cane producer thought about economics, he would
>advocate free markets.
he would.
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
>>I think it just tries to increase demand
>The supply-demand mechanism is as fundamental to economics as the law
>of the lever is to mechanics. But, just as one can change the moments
>on a lever, one can cause supply or demand curves to shift. It cannot
>be done with the same precision.
Indeed, and only scarcity is more fundamental to economics,
otherwise it wouldn't exist!
>>>>The advantage of
>>>>free market economics is that it sort of works,
>>>Show me a free market. It is a very rare phenomenon.
>>a totally perfect market is a rare thing, most people say stock
>>exchanges.
>No reasonable person would hold out a stock exchange as a good example
>of a free market, because a truly free market is premised on full
>information.
I have read that that is the very reason that its near to a
*perfect* market, that the traders on a stock exchange are said
to be very well informed on what they are trading.
>If a third-world sugar cane producer thought about economics, he would
>advocate free markets.
he would.
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
Jul 29th 2005, 4:35 am
#148
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
The Reids <[email protected]> wrote:
>Following up to Padraig Breathnach
>>No reasonable person would hold out a stock exchange as a good example
>>of a free market, because a truly free market is premised on full
>>information.
>I have read that that is the very reason that its near to a
>*perfect* market, that the traders on a stock exchange are said
>to be very well informed on what they are trading.
I'm sure that you have read it, but do you believe it? If you had some
spare funds, and went to a stockbroker for advice, do you think you
would get the same quality of advice as the big players in the market?
Do you believe that the information in published sources is as good as
information available elsewhere?
I don't trust the bastards. I don't think it is a fair game. And the
commissions are too high.
--
PB
The return address has been MUNGED
>Following up to Padraig Breathnach
>>No reasonable person would hold out a stock exchange as a good example
>>of a free market, because a truly free market is premised on full
>>information.
>I have read that that is the very reason that its near to a
>*perfect* market, that the traders on a stock exchange are said
>to be very well informed on what they are trading.
I'm sure that you have read it, but do you believe it? If you had some
spare funds, and went to a stockbroker for advice, do you think you
would get the same quality of advice as the big players in the market?
Do you believe that the information in published sources is as good as
information available elsewhere?
I don't trust the bastards. I don't think it is a fair game. And the
commissions are too high.
--
PB
The return address has been MUNGED
Jul 29th 2005, 5:02 am
#149
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
Following up to Padraig Breathnach
>>I have read that that is the very reason that its near to a
>>*perfect* market, that the traders on a stock exchange are said
>>to be very well informed on what they are trading.
>I'm sure that you have read it, but do you believe it?
In the sense I meant it, yes, I now remember from those days of
black robes and silver motes of chalkdust (so long ago) that
another factor is that everybody can know what price everybody
else will sell/buy at.
>If you had some
>spare funds, and went to a stockbroker for advice, do you think you
>would get the same quality of advice as the big players in the market?
>Do you believe that the information in published sources is as good as
>information available elsewhere?
Not at all, IIRC Mr Vincent told me it was a perfect market for
the traders themselves, not for poor saps like you or I, or even
big investors.
>I don't trust the bastards.
Mr Vincent would not have said that of course, but I agree. Have
you heard of averaging? you make a bad investment and it falls,
so they advise buying more to "average" the loss.
>I don't think it is a fair game. And the
>commissions are too high.
Indeed, I dont invest, I spend other peoples investments, if I go
down they will ring the Luteen bell at Lloyds.
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
>>I have read that that is the very reason that its near to a
>>*perfect* market, that the traders on a stock exchange are said
>>to be very well informed on what they are trading.
>I'm sure that you have read it, but do you believe it?
In the sense I meant it, yes, I now remember from those days of
black robes and silver motes of chalkdust (so long ago) that
another factor is that everybody can know what price everybody
else will sell/buy at.
>If you had some
>spare funds, and went to a stockbroker for advice, do you think you
>would get the same quality of advice as the big players in the market?
>Do you believe that the information in published sources is as good as
>information available elsewhere?
Not at all, IIRC Mr Vincent told me it was a perfect market for
the traders themselves, not for poor saps like you or I, or even
big investors.
>I don't trust the bastards.
Mr Vincent would not have said that of course, but I agree. Have
you heard of averaging? you make a bad investment and it falls,
so they advise buying more to "average" the loss.
>I don't think it is a fair game. And the
>commissions are too high.
Indeed, I dont invest, I spend other peoples investments, if I go
down they will ring the Luteen bell at Lloyds.
--
Mike Reid
Walk-eat-UK "http://www.fellwalk.co.uk" <-- you can email us@ this site
Walk-eat-Spain "http://www.fell-walker.co.uk" <-- dontuse@ all, it's a spamtrap
Photos of both "http://www.lawn-mower-man.co.uk"
Jul 29th 2005, 9:21 am
#150
Guest
Posts: n/a
Re: Why are so many rubbish countries being allowed into the EU?
On Fri, 29 Jul 2005 14:26:52 +0100, The Reids
<[email protected]> wrote:
>Following up to DDT Filled Mormons
>>>to use your example we are talking about pony express riders
>>>being undercut by low wage economy pony express riders willing to
>>>work at very low rates of pay. This is good for Pony Express TM
>>>but not for the riders or all other indigenous workers as pay and
>>>conditions are forced down. In the longer run it may not be good
>>>for Pony Express TM if they find they have no customers able to
>>>afford their product.
>>>I just read an article in the FT explaining how globalisation is
>>>not a bad thing for the average person. It was utterly
>>>unconvincing.
>>Do you really think Jay would comprehend anything you just wrote?
>Well, if he wanted to, maybe?
I wouldn't think so, gauged by the stuff he has written here.
--
---
DFM - http://www.deepfriedmars.com
---
--
<[email protected]> wrote:
>Following up to DDT Filled Mormons
>>>to use your example we are talking about pony express riders
>>>being undercut by low wage economy pony express riders willing to
>>>work at very low rates of pay. This is good for Pony Express TM
>>>but not for the riders or all other indigenous workers as pay and
>>>conditions are forced down. In the longer run it may not be good
>>>for Pony Express TM if they find they have no customers able to
>>>afford their product.
>>>I just read an article in the FT explaining how globalisation is
>>>not a bad thing for the average person. It was utterly
>>>unconvincing.
>>Do you really think Jay would comprehend anything you just wrote?
>Well, if he wanted to, maybe?
I wouldn't think so, gauged by the stuff he has written here.
--
---
DFM - http://www.deepfriedmars.com
---
--
