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george osbourne caption comp..



desprateseagull

New member
Jul 20, 2003
10,171
brighton, actually
George Osborne: Employees urged to swap job rights for shares - Politics - News - Evening Standard

http://www.standard.co.uk/incoming/article8202042.ece/ALTERNATES/w460/08_osborne.jpg

george-osborne-employees-urged-to-swap-job-rights-for-shares-8202144.html



whats that? please spell that.. P L E B.. right, got it.
 








GreersElbow

New member
Jan 5, 2012
4,870
A Northern Outpost
"Hello? Is this Waterstones? I was wondering when the updated version of "Economics for dummies" is due out?"

On a serious note: If a business is failing and making no profit, no dividends can be issued to shareholders. And in serious cases, when a business is going under, they will be able to sack with no redundancy pay so therefore the employee would be in a worse off position. This is literally the dumbest shit to come out of his mouth...
 






glasfryn

cleaning up cat sick
Nov 29, 2005
20,261
somewhere in Eastbourne
" hello is that vodafone
ah yes do you think we could have our 6 billion please, pretty please, as we are in the shite and really do need it
and I'm(slightly sobbing) going to get it in the neck


same conversation only to the Irish government asking for our 7 billion back we lent them
and again to the European bank asking for our 12 billion back we lent them



sorry the blokes a nob
 




wardy wonder land

Active member
Dec 10, 2007
785
Sorry GO - we can't sell the gold reserves at the height of the market to help ease the finaical situation.........that one eyed sweaty sock sold the lot at the bottom end to help double the number of civil servents
 




Don Quixote

Well-known member
Nov 4, 2008
8,362
Sorry GO - we can't sell the gold reserves at the height of the market to help ease the finaical situation.........that one eyed sweaty sock sold the lot at the bottom end to help double the number of civil servents

Do you really think it would have made any difference?
 








shaolinpunk

[Insert witty title here]
Nov 28, 2005
7,187
Brighton
Osbourne adjusts his earpiece ahead of his speech
 


wardy wonder land

Active member
Dec 10, 2007
785
When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, the sale of the majority of Britain’s gold reserves for prices between $256 and $296 an ounce

$1,615 per ounce today.

400 tonnes = 14109584.78


then = ($296) $4,176,437,095


now = (1615) $22,786,979,419
 


GreersElbow

New member
Jan 5, 2012
4,870
A Northern Outpost
When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, the sale of the majority of Britain’s gold reserves for prices between $256 and $296 an ounce

$1,615 per ounce today.

400 tonnes = 14109584.78


then = ($296) $4,176,437,095


now = (1615) $22,786,979,419

Whilst this is true, who'd buy it now after the global financial crisis? When countries are commited to austerity, there's very little chance they'll invest in gold rather than their economies.
 




Yoda

English & European
When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, the sale of the majority of Britain’s gold reserves for prices between $256 and $296 an ounce

$1,615 per ounce today.

400 tonnes =14109584.78


then =($296) $4,176,437,095


now = (1615)$22,786,979,419

If he could've seen that back then, do you not think he would've stopped the global economic crisis before it happened?
 


glasfryn

cleaning up cat sick
Nov 29, 2005
20,261
somewhere in Eastbourne
When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, the sale of the majority of Britain’s gold reserves for prices between $256 and $296 an ounce

$1,615 per ounce today.

400 tonnes = 14109584.78


then = ($296) $4,176,437,095


now = (1615) $22,786,979,419

a lot of that money went to paying off the yanks for the last war
although I will say again I will never forgive Brown for not nationalising the banks when he had the chance
 


beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,851
On a serious note: If a business is failing and making no profit, no dividends can be issued to shareholders. And in serious cases, when a business is going under, they will be able to sack with no redundancy pay so therefore the employee would be in a worse off position. This is literally the dumbest shit to come out of his mouth...

that doesn't really come in to the matter, if a business goes under there's unlikly to be money for redundancy payments.

on the other hand if you where offered £1k worth of shares each year wouldnt you sacrifice redundancy pay if your weekly pay was significantly less than that, say on £30k? (you'd only get ~£430 per years service).

i still think its a daft idea, because it will be advantagous to the clever employee while leaving the less economically astute vulnerable. government really should be about looking out for people the other way round.
 






melias shoes

Well-known member
Oct 14, 2010
4,830
If he could've seen that back then, do you not think he would've stopped the global economic crisis before it happened?

No he bloody wouldn't've. He made sure this country was well and truly up the creek. Regardless of what was going on with the markets around the world.
 




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