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You are right - they have ripped us off for years, so why would they change. However, it is unfair for them to blame the companies when they (government) make more money on a litre of petrol then petrol companies do.
Exactly. But now they budget for that money coming in so there's no way they could reduce the duty even if they wished to. You're perfectly right JT5.
Look at the bigger picture.
The party in this country is well and truly over.
There are only finite resources in this world, the developing nations (India, China, Russia) all now want a piece. Who pays? The West who have lived in relative luxury for far too long. We better get used to it, the hang over hasnt even begun yet.
Not really. The developing super powers need the west as much as the west needs them. We provide markets for their products and industrial and intellectual support.
Of course, for now. The economy is global. Look at the state of the economy in this country? We dont do anything anymore. We do provide markets, but that will reduce when people are pinched to their limits (this thread is testament to that happening now). Our main industry in this country is financial services. The pound used to be a safe bet. Not anymore.
The banks in this country have been printing money (legally -believe it or not) for far too long now. Everytime the banks print money, it has the effect of devaluing the pound in your pocket (inflation). The banks now realise that the assets they have been throwing money at people to buy (houses - which people have been using as a cash point, this is coming to a firm stop) arent actually worth what they cost. These AAA rated bonds arent worth much anymore. We had the first run on a bank in this country for a long time. Thats pretty serious. The government will now borrow emergency funding to banks without publicising it for fear of further runs. Forget about oil companies making profit, or a little bit of tax/VAT on fuel. This country is in melt down, we will follow the US who have been even more stupid.
Look at the bigger picture.
The party in this country is well and truly over.
There are only finite resources in this world, the developing nations (India, China, Russia) all now want a piece. Who pays? The West who have lived in relative luxury for far too long. We better get used to it, the hang over hasnt even begun yet.
Not really. The developing super powers need the west as much as the west needs them. We provide markets for their products and industrial and intellectual support.
Of course, for now. The economy is global. Look at the state of the economy in this country? We dont do anything anymore. We do provide markets, but that will reduce when people are pinched to their limits (this thread is testament to that happening now). Our main industry in this country is financial services. The pound used to be a safe bet. Not anymore.
The banks in this country have been printing money (legally -believe it or not) for far too long now. Everytime the banks print money, it has the effect of devaluing the pound in your pocket (inflation). The banks now realise that the assets they have been throwing money at people to buy (houses - which people have been using as a cash point, this is coming to a firm stop) arent actually worth what they cost. These AAA rated bonds arent worth much anymore. We had the first run on a bank in this country for a long time. Thats pretty serious. The government will now borrow emergency funding to banks without publicising it for fear of further runs. Forget about oil companies making profit, or a little bit of tax/VAT on fuel. This country is in melt down, we will follow the US who have been even more stupid.
You obviously know a lot more about this than me! I'll get my coat...
create a situation where by peeps have some disposable income and they will dispose of it that is called demand............demand requires supply that creates jobs which generates more tax revenues which puts more liquidity in the ecconomy and you've got your self a positive cycle of ecconomics going instead of this negative cycle.........................problem solved
create a situation where by peeps have some disposable income and they will dispose of it that is called demand............demand requires supply that creates jobs which generates more tax revenues which puts more liquidity in the ecconomy and you've got your self a positive cycle of ecconomics going instead of this negative cycle.........................problem solved
create a situation where by peeps have some disposable income and they will dispose of it that is called demand............demand requires supply that creates jobs which generates more tax revenues which puts more liquidity in the ecconomy and you've got your self a positive cycle of ecconomics going instead of this negative cycle.........................problem solved
"heads off to No 11 Downing Street"
And when the oil runs out?
we'll have developed chicken shit fuel by then which will be much cheaper than oil
create a situation where by peeps have some disposable income and they will dispose of it that is called demand............demand requires supply that creates jobs which generates more tax revenues which puts more liquidity in the ecconomy and you've got your self a positive cycle of ecconomics going instead of this negative cycle.........................problem solved
"heads off to No 11 Downing Street"
And when the oil runs out?
we'll have developed chicken shit fuel by then which will be much cheaper than oil
