Financial crisis, it aint looking good

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Noops
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Re: Financial crisis, it aint looking good

Post by Noops » Tue Sep 27, 2011 11:58 pm

campbell wrote:This might help, Robin:

http://en.wikipedia.org/wiki/Zeitgeist

"time spirit", "spirit of the time", "spirit of the age" etc.

Subtle shift but enough to bridge the gap?!
Aye fine...but what exactly does it explain....... :|
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campbell
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Re: Financial crisis, it aint looking good

Post by campbell » Wed Sep 28, 2011 12:27 am

LOL Neil.

I believe the gist is that earlier in the thread, Zeitgeist was quoted (but mis-spelled) - as in the film (never seen it but led to believe it's relevant as per a financial crsis story perhaps).

Zeitgeist is Robin's word of the month. When he saw it mis-spelled, he stepped in - as he does when mis-spellings occur on here, as you know, but usually it's Tut he's correcting ;-)

Then, unusually for Robin, he was in a position of not fully understanding something - in this case why "zeitgeist" is so often used as a euphemism for "of the current times" or similar. So I wikipedia'd it...and then you woke up ;-)
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robin
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Re: Financial crisis, it aint looking good

Post by robin » Wed Sep 28, 2011 8:27 am

Sure, but it doesn't really tell you anything does it? It's a bit of a tautology IMHO.

Edit: P.S. In this case of course it does tell you something, because it's the name of a movie rather than a statement.
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campbell
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Re: Financial crisis, it aint looking good

Post by campbell » Wed Sep 28, 2011 9:19 am

robin wrote:Sure, but it doesn't really tell you anything does it? It's a bit of a tautology IMHO.
I had to look that one up too :oops:

:D
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Re: Financial crisis, it aint looking good

Post by tut » Wed Sep 28, 2011 9:40 am

Not quite first use Robin.
GregR wrote:isn't, "deliberate pun," tautology Tut?
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robin
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Re: Financial crisis, it aint looking good

Post by robin » Wed Sep 28, 2011 12:29 pm

Lawyers, eh? :-)
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Noops
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Re: Financial crisis, it aint looking good

Post by Noops » Wed Sep 28, 2011 2:37 pm

While the Eurozone in in freefall, America, UK is not far behind. Isn't it odd in all these affluent countrys east or west, India, China etc still all aspire to buy quality German goods. German cars which are renowned for build and quality being just one .The Germans are happy build, supply and help keep their economy ticking over quite nicely thankyou.

Shame the uk stopped making stuff, became a service economy and relying on the bent banking sector to feed the governmant coffers when it all goes tits up we end up haveing to pay up.

What to the Germans do / know??? that the rest of us don't.

or is this a silly Q
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Kelvin
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Re: Financial crisis, it aint looking good

Post by Kelvin » Wed Sep 28, 2011 5:37 pm

Manufacturing output as a percentage of GDP for Germany is about 21% and it's about 13% for the UK so maybe not as high as you might have guessed for Germany (China is in the mid 30s). It is great for Germany until you have a global downturn and folk stop buying stuff.

Anyway, now that it has gone tits up most of the populations of the developed World are paying for it not just us, well maybe except for the Greeks.

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Re: Financial crisis, it aint looking good

Post by BiggestNizzy » Wed Sep 28, 2011 5:45 pm

Kelvin wrote:well maybe except for the Greeks.
The greeks pay for nothing, every member of the Parliment, every doctor basically everyone to be fair didn't pay any tax.
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Re: Financial crisis, it aint looking good

Post by pete » Wed Sep 28, 2011 8:08 pm

With the Eurozone in "freefall" there will reach a point where even the mighty German economy can't help. If Spain/Italy fall then they will take the Euro, and Germany, with them.

As for the Zeitgeist film, isn't that the one with the stuff about 9/11 conspiracy nuts?
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Re: Financial crisis, it aint looking good

Post by Edin430 » Wed Sep 28, 2011 10:29 pm

Noops wrote:What to the Germans do / know??? that the rest of us don't.

or is this a silly Q
Without going into it too much - Germany are still valuing houses and commercial real estate on 2007/2008 economic assumptions (and I know this for a fact as it's my line of work - we hold £bn's in German assets/debt). Their Red Book values are caveated to specifically state "normal market conditions" (we are not allowed to do this under UK law apparently). This in simple terms means all the banks look nice and rosy, keep lending as normal etc, when really they are just managing things a different way.

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Re: Financial crisis, it aint looking good

Post by tut » Thu Sep 29, 2011 8:07 am

What you have to do Noops is lose a War, or preferably two, as Germany and Japan did.

Look what the Romans did for us.

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Re: Financial crisis, it aint looking good

Post by kenny » Thu Sep 29, 2011 8:15 am

tut wrote:Look what the Romans did for us.

tut

Apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, the fresh-water system, and public health, what have the Romans ever done for us?

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Re: Financial crisis, it aint looking good

Post by tut » Thu Sep 29, 2011 9:56 am

They gave us Monty Python........

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Re: Financial crisis, it aint looking good

Post by foz01 » Thu Sep 29, 2011 1:14 pm

He's not the messiah, he's a very naughty boy :D
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