Nigel Watson

I teach 6th Formers A Level Economics. Each year I volunteer (unpaid) to run extension classes with some of the more enthusiastic members of the Upper Sixth. The goal is to go beyond the rather simplistic (Keynesian dominated) A Level specification. Today was my first session for this year's Upper Sixth and I opted to show them this: Overdose the next financial crisis http://www.youtube.com/watch?v=4ECi6WJpbzE&feature=player_embedded They loved it, and after we finished watching it we had a useful discussion that went into why the Keynesian policies tried to date have failed. Next week I'm thinking about showing them this: Debtocracy I guess at some point I'll also show Inside job So what I'd like to ask you is......................... What film or documentary do you think is the most interesting that you've watched on the on-going financial crisis?

Here's another part 2

I was watching BBC News 24 tonight (yes, schoolboy error I know) Flanders says with a straight face, "Cameron refused Merkozy plan to regulate financial services because Dave wants the freedom to have tougher financial regulations for UK banks than the ones that Merkozy is proposing for the eurozone" Pardon???? So, can we now expect Cameron to rush through some really tough financial regulations to stop financial fraud and excessive risk taking by British banks? I certainly won't be holding my breath So, why is this story, and the way it has been reported, important? 1. Dave's refusal to regulate the UK's banks proves that he's a banking stooge. Cameron represents his banking employers, not the gneral public that elected him into office as Prime Minister (oops han on a minute on that one). There's two ways to treat the banks. The first way is that you regulate them to death. The second approach is zero regulation, but if they fail, they're allowed to go bust. What we have at the monent is zero regulation AND too big to fail, i.e. a blank taxpayer funded cheque for the bankers to gamble. Cameron and his mates want this to continue. They won't regulate and they'll carry on bailing out loss making private banks when their bets go wrong. 2. Pressitute Steph has no shame. How can anybody seriously believe that Cameron refused to sign becuase he wanted the freedom to adopt even tougher banking regulations than the ones proposed by Merkozy - it really beggars belief that anyone could possibly buy into this tosh. Are the British people really that stupid? What do you think?

Depressing? Yes!

BBC say: "there 's widespread jubilation in Libya this afternoon" because Gaddafi's been killed. Unfortunately, the BBC's live feed from Libya only shows empty streets, save for a handful of mercenaries wandering around with their guns - of course there's the odd pick-up truck bristling with USA heavy weapons Absolutely zero evidence of Libyans celebrating But at least there's nobody waving Indian flags - well not yet anyway And what do the British people do? Nothing! No complaints What time's X-Factor on? I feel like I'm living in an episode of the twilight-zone. Am I the only person in Britain that can see right through this? Gaddafi was popular with his people. Libya had the highest HDI in Africa by miles. Oil rich Algeria next door has a miserable HDI ranking

I use it, and I tweet too NigelWatson6 feel free to follow me - re-tweet etc As Max Keiser says, spread the Holy Dial tone!

http://publicintelligence.net/mahmoud-ahmadinejad-speech-to-un-general-assembly-transcript-september-22-2011/ Wonder why the BBC never really mentioned much about what he actually said? Funny that?

Try reading the speech, then comment. Go on, I dare you - what you scared, consensus-boy

http://news.bbc.co.uk/today/hi/today/newsid_9570000/9570723.stm A great example of government propaganda A Radio 4 piece on rising commodity prices without................ 1. Refering to this change as inflation 2. No mention that the cause of rising commodity prices is QE and ultraslack monetary policy OK, Jim Rogers gets 10 secs at the end, but the inference is that he's a doomsday wacko - certainly no analysis of how QE Lleads to a fall in the £, which then creates cost push inflation It kind of reminds me of all those economically illiterate debates on how can we have inflation without getting money into the peoples' hands hyperinflations are currency exctintion events creating crushing cost-push inflation

Just logic. Do the arguments make sense, or are they moronic? Evan Davis spouts the view that the UK economy will be saved with more debt fuelled consumption Now, does he really beleive this, or is he just a presstutute? I think that it's the latter, same applies to Flanders - they'll have plenty of PMs stashed offshore

I think that the answer to this question will be, ' no', but let's see Yes, I know gold and silver ETFs are a complete no-go, but what about other commodities - food / energy? How could I buy shares in Gazprom? Or get exposure to agriculture in Asia or South America, i.e. anywhere outside of Western Europe and North America (basket cases loaded with debt) What about shares in a company like Samsung - how could I buy shares in them from the UK? Thanks in advance Nigel

No views then?

There were, and still are, astroturf posters over at HPC (scepticus, extra-dry-martini) that wrote very lucidly who always rubbished gold. Too many suckers bought into the consensus. Tne R4 listening Oxbridge loving consensus are gonna pay big time for their inability or unwillingness to think critically. Gerald Celente argues that this will all be good for the gene pool in the long-run. Clearly, not everybody is going to make it.

Britannias are legally tender (face value £2). Therefore, as legal tender they should be CGT exempt - correct? Should I pay a premium to buy 2008 Brits over 2011s? Are we concerned about purity type scams yet? Advice welcolmed Also, who is looking to offshore, and if so where? Most of mine is in Finland

Yes, I thought that too. It just goes to show how stupid most people really are. What I notice down in the South East is that there's a lot of 'Tim, nice but dims' running around the place. The City recruits from a very limited pool of individuals (white and independently educated). They're also trained up to be obiedient followers of the consensus - if it's on Radio 4, it must be true. Quite interesting really - the last part of British culture that buys into deference. So, yes, the Telegraph readers won't be buying gold anythime soon - they're more likely to do whatever Steff Flanders tells them to do. Gold's in a bubble, yes, must be true, cos the Telegraph tells me it is. They can't think things through for themselves. They're blind consensus followers. Of course, they'll get their backsides kicked and will have to learn critical thinking the hardway

And that would cause massive defaults, leading to the banks crashing yet again so, it won't happen! There's a greater chnace of a UFO landing on the Whitehouse lawn Nanu nanu - Shazbert!

Common the big guns, help us out - we need advice!

http://www.onegoodcut.org/

Boring troll Why waste your time Goldfinger?

Do me a favour!

I lived in Oulu from 2004 to 2006 - the coldest it got there was -34C Finnish houses are very well insulated, as are Schools, shops and other public buildings. The insulation is that good you need a themometer outside to know how hot/cold it is outside - you can't tell by looking through the window, or by the temperature indoors. Finns also have indoor shoes, which reduces wet mess being brought indoors. And electric points outside where you park your car. You plug your vehicle in to keep the engine warm. Finns don't do policy documents, risk assessments and other forms of useless bureaucracy. Instead, they just get on with it. No bullshit

No comment needed - wouldn't it be great if it did a rage and beat X-Factor to Christmas No1.

wum - you lose! Can't stop it, as much as you can't stop gravity Your neck and the rusty razor blade, think it will hurt?

Oh, I can see that you're a critical thinker No blind acceptance of the status quo for you, oh no! Do you like the X Factor and other forms of Sheeple TV? Don't be too complacent will you, we're not all like you! 12 posts! Joker