| So...both France and Germany are ensuring businesses have the funds 22:07 - Mar 16 with 4303 views | homer_123 |
To see them through. Central German bank making funds available to ALL german businesses.
Macron confirming no French company will suffer.
What are we doing? |  |
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| So...both France and Germany are ensuring businesses have the funds on 22:09 - Mar 16 with 3690 views | Ftnfwest |
A budget |  | | |
| So...both France and Germany are ensuring businesses have the funds on 22:11 - Mar 16 with 3681 views | Funge |
I'd be surprised if we don't follow suit in the next couple of days - that said, this whole situation is pretty bloody surprising, so don't hold me to that.... |  | | |
| So...both France and Germany are ensuring businesses have the funds on 22:15 - Mar 16 with 3658 views | davblue |
I know now’s the time not to blame but if this has come from China then they need to be held accountable in the future?
This maybe incredibly naive on my part and I’ll hold my hands up I’m no expert on such matters but the ramifications of this will be felt across the globe for years to come.
Getting over and stopping the virus is the first hurdle, then the economic hurdle next. |  | | |
| So...both France and Germany are ensuring businesses have the funds on 22:18 - Mar 16 with 3638 views | pointofblue |
It’d be nice to hear how France plan to ensure no businesses suffer! I just can’t see how it can be done. |  |
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| So...both France and Germany are ensuring businesses have the funds on 22:22 - Mar 16 with 3617 views | WD19 |
The Chancellor had a Senior meeting Today and is the lead minister at the COVID daily Press conference tmw. Expect a flood of announcements. |  | | |
| So...both France and Germany are ensuring businesses have the funds on 22:23 - Mar 16 with 3605 views | StokieBlue |
| So...both France and Germany are ensuring businesses have the funds on 22:15 - Mar 16 by davblue |
I know now’s the time not to blame but if this has come from China then they need to be held accountable in the future?
This maybe incredibly naive on my part and I’ll hold my hands up I’m no expert on such matters but the ramifications of this will be felt across the globe for years to come.
Getting over and stopping the virus is the first hurdle, then the economic hurdle next. |
How do you intend to hold China accountable?
They aren't even admitting to it coming from there anymore, they have reverted to propaganda mode to try and get the populace back onside.
SB |  | | |
| So...both France and Germany are ensuring businesses have the funds on 22:42 - Mar 16 with 3552 views | allezlesbleus |
| So...both France and Germany are ensuring businesses have the funds on 22:18 - Mar 16 by pointofblue |
It’d be nice to hear how France plan to ensure no businesses suffer! I just can’t see how it can be done. |
It's possible if the shutdown is only for a couple of weeks or so, but once that stretches into several weeks or months, that promise is going to be a lot harder to keep. Both of my daughters have been told by their bosses that they will only receive the unemployment pay from today onwards, until their shops are allowed to open again. |  | | |
| So...both France and Germany are ensuring businesses have the funds on 22:43 - Mar 16 with 3551 views | davblue |
| So...both France and Germany are ensuring businesses have the funds on 22:23 - Mar 16 by StokieBlue |
How do you intend to hold China accountable?
They aren't even admitting to it coming from there anymore, they have reverted to propaganda mode to try and get the populace back onside.
SB |
i don't know, ive said i'm not an expert in the post quite clearly, so i don't have an answer or if it would be possible or what could happen such as sanctions.
So 'i' don't intend to hold them accountable im merely asking what could happen, i have no authority. | | | |
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| So...both France and Germany are ensuring businesses have the funds on 22:45 - Mar 16 with 3538 views | StokieBlue |
| So...both France and Germany are ensuring businesses have the funds on 22:43 - Mar 16 by davblue |
i don't know, ive said i'm not an expert in the post quite clearly, so i don't have an answer or if it would be possible or what could happen such as sanctions.
So 'i' don't intend to hold them accountable im merely asking what could happen, i have no authority. |
Nothing can really happen to China. They ignore all UN rulings they aren't keen on and there isn't really much anyone can do about it.
Same can be said of the US and Russia.
SB | | | |
| So...both France and Germany are ensuring businesses have the funds on 01:09 - Mar 17 with 3443 views | bournemouthblue |
The idea of quantitative easing for the people was laughed at earlier in the year
Now it is highly likely
The magic money certainly exists |  |
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| So...both France and Germany are ensuring businesses have the funds on 01:40 - Mar 17 with 3422 views | jeera |
| So...both France and Germany are ensuring businesses have the funds on 22:45 - Mar 16 by StokieBlue |
Nothing can really happen to China. They ignore all UN rulings they aren't keen on and there isn't really much anyone can do about it.
Same can be said of the US and Russia.
SB |
We, (I say 'we'), the UK could impose tariffs on Chinese imports to counter some expenses, or at least to enforce some accountability.
It's a big political ask, but nothing stopping us in theory.
The hurdle to overcome of course, is that people like cheap goods. [Post edited 17 Mar 2020 1:46]
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| So...both France and Germany are ensuring businesses have the funds on 01:47 - Mar 17 with 3407 views | Guthrum |
| So...both France and Germany are ensuring businesses have the funds on 22:15 - Mar 16 by davblue |
I know now’s the time not to blame but if this has come from China then they need to be held accountable in the future?
This maybe incredibly naive on my part and I’ll hold my hands up I’m no expert on such matters but the ramifications of this will be felt across the globe for years to come.
Getting over and stopping the virus is the first hurdle, then the economic hurdle next. |
Not entirely fair. Despite their failings, they did a lot better than with SARS in terms of admitting to it and alerting the rest of the world. They can't really be blamed for a malignant viral mutation just happening to have occurred within their territory. |  |
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| So...both France and Germany are ensuring businesses have the funds on 01:51 - Mar 17 with 3391 views | jeera |
| So...both France and Germany are ensuring businesses have the funds on 01:47 - Mar 17 by Guthrum |
Not entirely fair. Despite their failings, they did a lot better than with SARS in terms of admitting to it and alerting the rest of the world. They can't really be blamed for a malignant viral mutation just happening to have occurred within their territory. |
No, but the accountability for now trying to play political games and laying the blame elsewhere themselves may well come back to bite.
This latest bout of misdirection is childish and naive and for a nation that is relatively new on the world stage with its massive imports the past few years...blaming the US for planting the disease?!
As far as public relations go, they've have a lot to learn if this is to become the official line. | |
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| So...both France and Germany are ensuring businesses have the funds on 01:52 - Mar 17 with 3390 views | textbackup |
i just cant see the point, when people are dying, about rushing to make this a political thing.
I'll be honest, im not really in either camp (labour or tories) or any other camp come to that, but I feel for boris. just gets the gig and this kicks off. and i'd have said the same for corbyn too.
they would be hammered by either side.
I just wish people would put the fists down and accept we need to pull together |  |
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| So...both France and Germany are ensuring businesses have the funds on 01:56 - Mar 17 with 3383 views | jeera |
| So...both France and Germany are ensuring businesses have the funds on 01:52 - Mar 17 by textbackup |
i just cant see the point, when people are dying, about rushing to make this a political thing.
I'll be honest, im not really in either camp (labour or tories) or any other camp come to that, but I feel for boris. just gets the gig and this kicks off. and i'd have said the same for corbyn too.
they would be hammered by either side.
I just wish people would put the fists down and accept we need to pull together |
Surely this isn't about political allegiance.
It's about supporting the country's businesses that employ people, that entertain us, that attract tourism throughout the year.
In a time of uncertainty, and after all the ranting and rhetoric about how great this country was going to be if we followed their lead...
It's not too much to then expect a bit more in return. The country spoke, ok. So where's this strong leadership that was promised. [Post edited 17 Mar 2020 1:57]
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| So...both France and Germany are ensuring businesses have the funds on 01:59 - Mar 17 with 3378 views | textbackup |
| So...both France and Germany are ensuring businesses have the funds on 01:56 - Mar 17 by jeera |
Surely this isn't about political allegiance.
It's about supporting the country's businesses that employ people, that entertain us, that attract tourism throughout the year.
In a time of uncertainty, and after all the ranting and rhetoric about how great this country was going to be if we followed their lead...
It's not too much to then expect a bit more in return. The country spoke, ok. So where's this strong leadership that was promised. [Post edited 17 Mar 2020 1:57]
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probably the wrong thread for me to moan about political allegiance to be honest, I've just seen so many floating around that this one got the brunt.
So where's this strong leadership that was promised? - I don't know, but then what is it you want more? | |
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| So...both France and Germany are ensuring businesses have the funds on 02:05 - Mar 17 with 3369 views | jeera |
| So...both France and Germany are ensuring businesses have the funds on 01:59 - Mar 17 by textbackup |
probably the wrong thread for me to moan about political allegiance to be honest, I've just seen so many floating around that this one got the brunt.
So where's this strong leadership that was promised? - I don't know, but then what is it you want more? |
Leading up to the referendum and the election, we were given the patriotic red, white and blue stuff, 'strong and stable', and all that.
So the OP is saying that other countries are preparing to stand by their businesses.
Our leaders need to be coming out and offering reassurances themselves. But now, not later when too many people have been laid off.
Remember how people were losing their homes following the Global collapse, well the government then decided over a year down the line to drop interest rates to help people out. When it was already too late for many.
You can almost imagine similar again, only this time with small/medium business. There'll be some plan unveiled in a few months time to help out when loads have already gone to the wall.
That kind of thing. [Post edited 17 Mar 2020 2:07]
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| So...both France and Germany are ensuring businesses have the funds on 07:01 - Mar 17 with 3204 views | hampstead_blue |
What makes you think supporting ALL business is a good idea?
Luke Johnson this weekend spoke of many Zombie companies who have been trading very badly over a number of years. This shock will knock them off and allow for better run firms to come through and thrive.
Supporting all businesses is very poor management indeed. It encourages bad management. |  |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
| | Poll: | Best Blackpool goal |
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| So...both France and Germany are ensuring businesses have the funds on 07:13 - Mar 17 with 3180 views | m14_blue |
| So...both France and Germany are ensuring businesses have the funds on 07:01 - Mar 17 by hampstead_blue |
What makes you think supporting ALL business is a good idea?
Luke Johnson this weekend spoke of many Zombie companies who have been trading very badly over a number of years. This shock will knock them off and allow for better run firms to come through and thrive.
Supporting all businesses is very poor management indeed. It encourages bad management. |
Jesus Christ.
I think you’ve utterly failed to appreciate the scale of what is happening. It’ll be far more than a few badly run companies who fail to make it through, there’s people on this very site talking about how they’re having to let people go.
Is there anyone you wouldn’t chuck under the bus in order to support Boris 100%? | | | |
| So...both France and Germany are ensuring businesses have the funds on 07:21 - Mar 17 with 3158 views | hampstead_blue |
| So...both France and Germany are ensuring businesses have the funds on 07:13 - Mar 17 by m14_blue |
Jesus Christ.
I think you’ve utterly failed to appreciate the scale of what is happening. It’ll be far more than a few badly run companies who fail to make it through, there’s people on this very site talking about how they’re having to let people go.
Is there anyone you wouldn’t chuck under the bus in order to support Boris 100%? |
https://www.bbc.co.uk/news/business-51903947
Have a read of the first 5 sentences.
They use all their spare cash and run on the minimum amount of cash possible.
A zombie firm is a poor business. Badly run and going nowhere fast. I don't my tax getting poured into them. All you are doing is slowing down growth.
If some companies fail then so be it. Entrepreneurs will fill the gap with fast growing businesses.
Giving tax-payers cash to zombie firms is utter madness. The virus is a natural shock to the economy, if your business isn't run well enough to survive then sorry but it's your time.
Am I worried for those employed in those firms? Of course I am. The economy will come back stronger if a tranche of those poor firms go. | |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
| | Poll: | Best Blackpool goal |
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| So...both France and Germany are ensuring businesses have the funds on 07:29 - Mar 17 with 3143 views | WeWereZombies |
| So...both France and Germany are ensuring businesses have the funds on 07:21 - Mar 17 by hampstead_blue |
https://www.bbc.co.uk/news/business-51903947
Have a read of the first 5 sentences.
They use all their spare cash and run on the minimum amount of cash possible.
A zombie firm is a poor business. Badly run and going nowhere fast. I don't my tax getting poured into them. All you are doing is slowing down growth.
If some companies fail then so be it. Entrepreneurs will fill the gap with fast growing businesses.
Giving tax-payers cash to zombie firms is utter madness. The virus is a natural shock to the economy, if your business isn't run well enough to survive then sorry but it's your time.
Am I worried for those employed in those firms? Of course I am. The economy will come back stronger if a tranche of those poor firms go. |
Oi Oi, you leave my firms alone...
That being said my Rolls Royce shares are tanking badly at the moment and I am not expecting them to recover much, is that the type of Zombie firm you had in mind?
(Quite what a supposed pacifist is doing with Rolls Royce shares is a bit of a question, it's to do with inheritance and sentimentality) |  |
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| So...both France and Germany are ensuring businesses have the funds on 07:33 - Mar 17 with 3135 views | BloomBlue |
They said in last weeks budget they would help, Macron said no company would fail but neither has gone into full details and I'm not surprised as they have to look at various options ie if the only option is to tax everyone 100% to pay for it than it would kill more people than CV.
But people want to play politics and use anything they can find against Boris. The same happened with the attacks on Corbyn when Russia could have killed 100s in Salisbury and he wouldn't condemn Russia because he thought people should step back and wait for the evidence advice from the experts.
Some people will always play politics
The trouble too many on social media think life is like a Hollywood movie they've been brainwashed to think life follows a script, but it doesnt. |  | | |
| So...both France and Germany are ensuring businesses have the funds on 07:34 - Mar 17 with 3132 views | hampstead_blue |
| So...both France and Germany are ensuring businesses have the funds on 07:29 - Mar 17 by WeWereZombies |
Oi Oi, you leave my firms alone...
That being said my Rolls Royce shares are tanking badly at the moment and I am not expecting them to recover much, is that the type of Zombie firm you had in mind?
(Quite what a supposed pacifist is doing with Rolls Royce shares is a bit of a question, it's to do with inheritance and sentimentality) |
https://www.theguardian.com/business/2019/may/06/zombie-firms-a-major-drag-on-uk
These are firms which suck the life out your investment.
Rolls, I don't follow them but I don't think they are part of that group......Sorry to tickle your Zombieness. | |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
| | Poll: | Best Blackpool goal |
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| So...both France and Germany are ensuring businesses have the funds on 07:56 - Mar 17 with 3108 views | WeWereZombies |
How can you identify whether a firm is a zombie before you put money into it? If you insist on ten years of gold plated performance data then you prevent start ups and stifle innovation - you also concentrate investment into a small select group with the effect that a nation's enterprise begins to be run on grace and favour rather than merit, thus defeating your initial aim and probably creating a zombie nation in the process. Argentina seems to be in danger of this.
And if you withdraw investment at the first hint of failure you can prevent recovery, wasting precious resources and dispersing an otherwise effective pool of talent into the unknown.
Perhaps this trend of zombie firms is the result of too much light touch regulation, a zombie administration even. I suggest that a better solution is greater vigilance, care and attention rather than riding in like Don Quixote tilting at the metaphorical windmill equivalent of zombie firms. Which then disappear as if in a mirage and reappear behind you in a slightly different form. | |
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| So...both France and Germany are ensuring businesses have the funds on 08:11 - Mar 17 with 3092 views | hampstead_blue |
| So...both France and Germany are ensuring businesses have the funds on 07:56 - Mar 17 by WeWereZombies |
How can you identify whether a firm is a zombie before you put money into it? If you insist on ten years of gold plated performance data then you prevent start ups and stifle innovation - you also concentrate investment into a small select group with the effect that a nation's enterprise begins to be run on grace and favour rather than merit, thus defeating your initial aim and probably creating a zombie nation in the process. Argentina seems to be in danger of this.
And if you withdraw investment at the first hint of failure you can prevent recovery, wasting precious resources and dispersing an otherwise effective pool of talent into the unknown.
Perhaps this trend of zombie firms is the result of too much light touch regulation, a zombie administration even. I suggest that a better solution is greater vigilance, care and attention rather than riding in like Don Quixote tilting at the metaphorical windmill equivalent of zombie firms. Which then disappear as if in a mirage and reappear behind you in a slightly different form. |
I've not read the whole paper save looking at points across the first couple of pages.
https://www.bis.org/publ/qtrpdf/r_qt1809g.pdf
Grab the first para and then he talks about banks rolling-over debt rather than calling it in. this merely prolongs the pain.
Low interest rates makes it easier for these firms to lumber on.
Any Gov pouring money into them just makes it worse. Sorry but the pain of people losing their jobs is inevitable.
It's impossible for a Gov to support an economy to these levels.
Some firms must have to go. It's an economic reality.
Why do the native Aboriginals burn trees and areas? To clear out the dead wood and allow new more vigorous growth.
We can't help everyone I'm afraid. | |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
| | Poll: | Best Blackpool goal |
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