The market is closed and in today's bearcast I look at Greece and what will happen and happen soon and the message for other European countries including the UK. Then I cover free speech for twits like Ben Turney and how the writers here are united but can disagree and then move onto Bank Holidays - we need less not more to get the UK economy growing again. In fact, scrap the lot.
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Comments
David Russell
How easy is it to buy in Greece and when would be the best time to buy into the property market in Greece. I can remember when you bought it and posted on Tom winnifrith some pictures it looked great. It sounds like a great place to escape too and if things go well I think me and my wife will buy one but something that needs less work and a smaller garden and I’m no Crocodile Dundee so snakes am out.:)
J P Spaghetti
“Bank Holidays – we need more not less to get the UK economy growing again. In fact, scrap the lot.”?
Haven’t you got that the wrong way round Tom? It’s not clear to me if not.
Bah – humbug!
Guinea
There is a problem with all paid holidays – by definition it means that customers are charged for work that has not been done.
I Swear
I see us poor Emerald isle residents got another lecture from Mr Trichet last week, conveniently he blamed the dead man for everything, if Greece defaults then Ireland should tell everyone to feck off as well, will not happen of course.
Fred
Tom if you think the UK is bad for bank holidays just you wait and see how bad Greece is,Spain has more holls than working days,well that’s what it feels like,
alcira16247
Tom
Another very interesting bearcast.
Reference Iceland and its recovery and booming economy – of course these people are the ultimate free market thinkers and actually voted to let their banks go bust!
Their decision not to saddle future generations with insurmountable debt and plunge their economy into disastrous austerity was correct. After all why should the ordinary taxpaying citizen be made responsible for bailing out huge private sector losses?
Of course, our feeble pathetic self serving politicians allowed themselves to be bullied and pushed around, to giving our banks, access to the open ended cheque book of UK plc!
The cost of the banking bailout to the UK has been pernicious, a true disaster for the ordinary British people, with the burden of cost, both monetary and socially, for the most part falling on the very poorest and defenceless in our society.
While banks, like HSBC, true to form, have the arrogance to threaten closing their head office in London, cos they object to some tax levies and introduction of regulation. What a ruddy nerve !!!!
I object to one penny of my taxes going out to support all those corrupt greedy bankers whose only ambition seems to be allowed to follow the practices of paying themselves huge bonuses by rigging markets to the cost of continuance perpetual ruin and austerity for the rest of us.
Vote for Olafur Ragnar Grimson !!!!!
dasv
Tom – you claim an employee with 25 days annual leave gets another 12 days annual leave in bank holidays. Not so – there are 6 bank holidays in the UK. Christmas Day and Good Friday are public holidays. Even including them there are an extra 7 days leave for full time workers.