asterisk2a + gordon   6

PFI schools built in Scotland 'owned by offshore firms' - BBC News
[...] [ PFI seems like a payday loan over 10-20 years, just for governments ] [public buildings as investment scheme] Stakes in PFI building projects can be sold. They can then be traded on the secondary market to become parts of larger investment funds and pensions, as the monthly fees paid by councils provide a steady income.
PFI  NHS  Education  Policy  Privatisation  Austerity  neoliberal  neoliberalism  UK  George  Osborne  Centrist  Tony  Blair  Gordon  Brown  David  Cameron  underinvestment  infrastructure  investment  tax  avoidance  evasion 
august 2016 by asterisk2a
Geographies of Austerity: Mark Blyth
EU bank bailout (incl Britain) = 40% of EU GDP (incl Britain) = 5 trillion Euros. AUSTERITY FOR WHOM?! // secular stagnation - ZIRP, NIRP, QE, austerity, liquidity trap, aggregate demand short-fall = creditors paradise. their debt will not be inflated away. deflation - deflationary environment. for the next 2-3 decades. = NO DRIVE TO INVEST IN PRODUCTIVE ASSETS! = productivity gap. [...] rentier paradise. [...] = interest formation (those who have, call the shots, status quo). [...] deflationary spiral (PIGS & Germany) exporting deflation ... getting more competitive [EU has 2015 a current account surplus, bought my USA] = Dr Wolfgang Schaeuble. [...] Fall of Centrists, rise of the SNP & UKIP (reactionary) ... Trump. [...] as investment rate (ie SME/SMB lending) stays same, does not grow = DEAD. Eurobonds/Investment Fund(UK, 5bn 5 years). [...] min 55 - deflationary politics (policy for 1-10-20% of society) is one way train. DEATH. especially w austerity and low wages/secular stagnation.
austerity  Tories  Conservative  Party  nasty  general  election  2010  general  election  2015  George  Osborne  Iain  Duncan  Smith  David  Cameron  Ed  Miliband  economic  history  Mark  Blyth  book  Richard  Koo  welfare  state  welfare  reform  bank  bailout  GFC  recovery  secular  stagnation  IMF  ChristineLagarde  Salami  Tactics  aggregate  demand  aggregate  demand  short-fall  liquidity  trap  fiscal  policy  Confidence  Fairy  monetary  policy  ZIRP  NIRP  QE  Tony  Blair  Gordon  Brown  European  Union  Euro  ECB  BOJ  PIGS  Pact  Schuldenbremse  Wolfgang  Schäuble  Angela  Merkel  Career  Politicians  politician  zombie  bank  zombie  banks  banking  systemic  risk  OMT  LTRO  MarioDraghi  trichet  BOE  deflation  deflationary  productivity  productivity  gap  productive  investment  underinvestment  infrastructure  investment  infrastructure  rentier  rent-seeking  Mark  Carney  Donald  Trump  business  consumer  TLTRO  non-performing  loan  NPL  Jens  Weidmann 
july 2016 by asterisk2a
Mark Blyth explains the U.K.'s decision to leave the E.U. - YouTube
Yanis Varoufakis & Mark Blyth - https://youtu.be/iMk6aVsl8Rs - Scotland (joining the EU) will not have a welfare state as long as Wolfgang Schaeuble is at the helm), Secular Stagnation = feels like permanent recession. especially w austerity. squeezed middle class, working poor, Precariat. [...] the only thing that is keeping things alive and somewhat steady is monetary policy (ZIRP, NIRP, QE) & triple-lock pensions (ie in UK). [...] Status Quo is extend and pretend (ie in EU) [...] Centrists lost the plot, all under 50% of vote share. some places just 25% (ie Tories 2015). [...] [min 20 #Brexit] [...] EU and ASIA running trade surplus against the world. "be more competitive" = exporting deflation. is not same as productivity. [...] Q&A session: you can not reform a country (structural reforms) under dark cloud of debt deflation. no shared dream of prosperity. //&! youtu.be/md6_WfF9Ky0?t=22m
Nigel  Farage  Brexit  deflation  deflationary  IMF  Richard  Koo  ZIRP  NIRP  QE  monetary  policy  fiscal  policy  secular  stagnation  Donald  Trump  western  world  ECB  Yanis  Varoufakis  democracy  Mark  Blyth  Brexit  No  Representation  Career  Politicians  politician  1%  10%  GFC  austerity  bank  bailout  corporate  welfare  George  Osborne  David  Cameron  squeezed  middle  class  working  poor  Westminster  Whitehall  nasty  party  Centrist  Tony  Blair  Gordon  Brown  Jeremy  Corbyn  Tories  Conservative  Angela  Merkel  Wolfgang  Schäuble  European  Union  PIGS  economic  history  globalisation  globalization  AI  Robotics  Robots  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  automation  Precariat  populism  Polarisation  demagogue  demagogy  Nigel  Farage  Front  National  AfD  Fear  mongering  immigration  Nationalism  Nationalismus  Privatisation  UK  Germany  France  far-right  right-wing  UKIP  recovery  Refugee  Crisis 
july 2016 by asterisk2a
Alex Salmond accuses UK party leaders of tricking Scotland into No vote | Politics | theguardian.com
"They're at loggerheads," Salmond told BBC1's Sunday Politics programme. "I think that their vow was cooked up in desperation from the last days of the campaign. I think everyone in Scotland now realises that. "Incidentally, [the] Yes campaign isn't surprised by this development. It's the people who were persuaded to vote no who were misled, who were gulled, who were tricked, effectively. They are the ones who are really angry." [...] Downing Street has dismissed Salmond's accusations, insisting the Scottish devolution timetable would be honoured. "Lord Smith of Kelvin has agreed to oversee the process to take forward the devolution commitments with powers over tax, spending and welfare all agreed by November and draft legislation published by January," a No 10 spokesman said. "This government has delivered on devolution and we will do so again." +!+!+!+ Salmond - bbc.in/1sU03so +!+!+!+ Ed Miliband - bbc.in/1AYZqCb +!+!+!+ Salmon on unelected House of Lords - bit.ly/1p9g8t3
The  Vow  Scottish  independence  referendum  Scottish  Scotland  UK  Westminster  David  Cameron  Nick  Clegg  Ed  Miliband  Better  Together  Toff  Career  Politicians  Politics  Establishment  Elite  Privileged  Alex  Salmond  election  campaign  promises  London  GordonBrown  Gordon  Brown  AlistairDarling  Alistair  Darling  interest  groups  devo-max  Devolution  trust  trustagent  confidence  compromise  Democratic  Process  democracy  No  Representation  House  of  Lords 
september 2014 by asterisk2a

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