Comments on: Stubborn national politics drag down the global economy http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Deauville http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70315 Wed, 23 Jan 2013 00:27:48 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70315 Great article. Welcome back. For all the little Britain comments below great to see a well reasoned assessment of a global issue that dominates above all others.

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By: Medved http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70302 Tue, 22 Jan 2013 19:02:27 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70302 Brown splaffing on about economics is a bit like the emperor Nero lecturing on fire prevention or the Titanic captain telling us how to avoid icebergs.

What on earth do Reuters think they are doing ? Who commissioned this rubbish ? They have lost a lot of credibility in my eyes. I will look at Reuters differently from now on.

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By: Harnser http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70268 Tue, 22 Jan 2013 05:05:44 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70268 This man is a financial illiterate. He destroyed the UK economy. Why are you giving him airspace

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By: tmc http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70226 Mon, 21 Jan 2013 12:43:08 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70226 I think Mr. Brown has a very good grasp of the global economy and pretty much spot on. His point is made by the commenters above as they are all stuck in the national viewpoint. It will be another 50 years before the older generations die off and the younger ones take over. Remember, we live longer these days. It will be a great world for our descendants once they have reached global unity.

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By: Samrch http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70212 Sun, 20 Jan 2013 13:58:08 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70212 The EU consists of many small nations which means most of them cannot produce most of what they consume therefore trade is great portion of GDP. Low wage policies would make any one of them more competitive in trade, but reduce local demand. Therefore each tires that. A single Europe wide elected economic government and laws would eliminate that.

In any case free trade also causes that. Each nation must sell (export) as much as it buys (imports) or go into debt. Therefore, they must able to build export industries (such actions what ever forms they take can be called export subsistence). The free trade rules of the WTO should be replaced by equal export and import goals for each nation. Nations are unequal in wages and all other things so there will be losers and winners in trade. Free trade gives incentives for low wage policies which only reduce total demand in a region.

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By: bob-uk http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70207 Sun, 20 Jan 2013 09:21:58 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70207 This man spent his political career running the UK economy into the ground and now behaves as if he is an economic guru.

“No more boom and bust” eh Gordon ?

Get lost, you are nothing more than a waste of space.

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By: davidf2 http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70204 Sat, 19 Jan 2013 23:09:18 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70204 Didn’t deregulation of the financial system begin in the 1980s?
Deregulation being an important part of the ideology of the political right wing in US & UK.
Now protests from the right, in hindsight, having instigated & supported deregulation.
These party political ambiguities are not as important as current policy & required global cooperation for remedies that need to provide social cohesion, social justice and greater equality alongside environmental sustainability. Then competition & market economics can operate on an agreed upon, effectively policed, stable platform.
PS. Does Cynicalsam think that communism encompasses any non laissez faire suggestion?

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By: ReprievedSoul http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70201 Sat, 19 Jan 2013 20:23:22 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70201 Some rather unacceptable commentary here – libellous really. Conclusion must be that Brown has made some very telling marks, and some people just don’t like it. Like those who can’t pun back they just groan and vituperate their inferiority and inadequacy.

In particular, to for the ‘bankers’ who bankrupted the country(ies) to blame the deregulator for their abuse of the freedom granted(on demand) is like turkeys who sat in their cages with the doors open in December.

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By: Cynicalsam http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70193 Sat, 19 Jan 2013 14:38:59 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70193 I am vvery surprised that Reuters would pay or give space to this communist drivel penned bya chancellor who destroyeed UK.

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By: chyron http://blogs.reuters.com/great-debate/2013/01/18/stubborn-national-politics-drag-down-the-global-economy/#comment-70189 Sat, 19 Jan 2013 09:28:08 +0000 http://blogs.reuters.com/great-debate/?p=17275#comment-70189 Isn’t it a job description of national governments – to defend lives, freedom and prosperity of their citizens first and think ’bout rest of the world later?

Also current political/economical system is not actually fair, so number of countries simply see no reason to support it at their own expense. And track record of IMF… well, popular joke since late ’90s is “Want to do your country good? Read IMF advice, do the opposite”.

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