SERVING THE QUANTITATIVE FINANCE COMMUNITY

  • 1
  • 5
  • 6
  • 7
  • 8
  • 9
  • 19
 
User avatar
Cuchulainn
Posts: 59921
Joined: July 16th, 2004, 7:38 am
Location: Amsterdam
Contact:

RIP Margaret Thatcher

April 10th, 2013, 7:39 am

QuoteOriginally posted by: exneratunriskQuoteOriginally posted by: FermionQuoteOriginally posted by: CuchulainnQuoteOriginally posted by: PaulDid Scargill get that Kremlin money in the end? To keep the strikes going. I can't recall the outcome.PI remember money being collected in Dundalk every week at the time. In some circles maybe the same thing .People contributed fivers and tenners on a regular basis all over the country. It was to feed the families of strikers because the union had insufficient money for strike pay. I am quite sure that striking miners would have greatly appreciated anything that came from the Kremlin without it making any difference to their opinion of the internal politics of the SU.But the fact that Thatcher was turning the UK into a giant US nuclear base was another hot issue at the time which I am quite sure had a major impact on the SU's decision to help the miners.It is impossible to asses the era from remote, because information about such events are deeply encapsulated in messages, opinions and appeals .. I confess, most of the "informations" I had, was from novels, fictions, ... But it was a tragedy in detail? Families and friendships were torn ... by the "ironness" of both sides?But trying to assess the Thatcher era in general, I ask myself: how much industry shall an industrialized country have? And is it a great motivation to weaken it "suddenly", because its workers are better "organized"? Could be embraced into the digging-holes-for-yourself problem? IMO, it belongs to the family of predictably-irrational behaviors ....As I mentioned, those younger than 50 have no recollection of these years.The error in judgement in many Western countries (after they discovered gas, oil and property) is that you could become rich by sitting on your assets and/or buying and selling property. How many people were old enough remember the spectacular house crash in 80's UK? What I remember is that the government of the time pitted miner against miner ... indeed, there is no society.The chickens have come home to roost.
Last edited by Cuchulainn on April 9th, 2013, 10:00 pm, edited 1 time in total.
 
User avatar
exneratunrisk
Posts: 3559
Joined: April 20th, 2004, 12:25 pm

RIP Margaret Thatcher

April 10th, 2013, 9:41 am

From that time? Which Side Are You On - Billy Bragg
Last edited by exneratunrisk on April 9th, 2013, 10:00 pm, edited 1 time in total.
 
User avatar
daveangel
Posts: 17031
Joined: October 20th, 2003, 4:05 pm

RIP Margaret Thatcher

April 10th, 2013, 10:15 am

QuoteOriginally posted by: exneratunriskFrom that time? Which Side Are You On - Billy BraggBilly Bragg is a whingeing prat
knowledge comes, wisdom lingers
 
User avatar
Cuchulainn
Posts: 59921
Joined: July 16th, 2004, 7:38 am
Location: Amsterdam
Contact:

RIP Margaret Thatcher

April 10th, 2013, 10:34 am

QuoteOriginally posted by: exneratunriskFrom that time? Which Side Are You On - Billy BraggMost of the miners were Brassed off
 
User avatar
Cuchulainn
Posts: 59921
Joined: July 16th, 2004, 7:38 am
Location: Amsterdam
Contact:

RIP Margaret Thatcher

April 10th, 2013, 10:35 am

QuoteOriginally posted by: daveangelQuoteOriginally posted by: exneratunriskFrom that time? Which Side Are You On - Billy BraggBilly Bragg is a whingeing pratDave, you're getting emotional? It has struck a chord.
 
User avatar
daveangel
Posts: 17031
Joined: October 20th, 2003, 4:05 pm

RIP Margaret Thatcher

April 10th, 2013, 10:44 am

QuoteOriginally posted by: CuchulainnQuoteOriginally posted by: daveangelQuoteOriginally posted by: exneratunriskFrom that time? Which Side Are You On - Billy BraggBilly Bragg is a whingeing pratDave, you're getting emotional? It has struck a chord.champagne Trotskyist is what he is....
knowledge comes, wisdom lingers
 
User avatar
Paul
Posts: 9461
Joined: July 20th, 2001, 3:28 pm

RIP Margaret Thatcher

April 10th, 2013, 10:50 am

If you are on the left wing it helps enormously if you are a hypocrite or naive. P
 
User avatar
exneratunrisk
Posts: 3559
Joined: April 20th, 2004, 12:25 pm

RIP Margaret Thatcher

April 10th, 2013, 11:05 am

QuoteOriginally posted by: CuchulainnQuoteOriginally posted by: daveangelQuoteOriginally posted by: exneratunriskFrom that time? Which Side Are You On - Billy BraggBilly Bragg is a whingeing pratDave, you're getting emotional? It has struck a chord.It seems we all have emotions-on-behalf .... but who? I recently read a statement of the Estonian president mourning Thatcher as if she was his "mother" - because she were influencing on the reformist policy in Estonia and the other Baltic ... which was good, independent of the deeper motivation ... We tend to assess politics at the level of leader-networks? My personal social index is still the number of sleeping-cartons, say, under the Waterloo Bridge .. And this index is really volatile over longer periods ... Which-side-are-you-on matters, IMO.
 
User avatar
exneratunrisk
Posts: 3559
Joined: April 20th, 2004, 12:25 pm

RIP Margaret Thatcher

April 10th, 2013, 11:08 am

QuoteOriginally posted by: PaulIf you are on the left wing it helps enormously if you are a hypocrite or naive. POr absolutely free
 
User avatar
Cuchulainn
Posts: 59921
Joined: July 16th, 2004, 7:38 am
Location: Amsterdam
Contact:

RIP Margaret Thatcher

April 10th, 2013, 11:21 am

QuoteOriginally posted by: daveangelQuoteOriginally posted by: CuchulainnQuoteOriginally posted by: daveangelQuoteOriginally posted by: exneratunriskFrom that time? Which Side Are You On - Billy BraggBilly Bragg is a whingeing pratDave, you're getting emotional? It has struck a chord.champagne Trotskyist is what he is....hunting with the dogs and p***ing with the foxes?
 
User avatar
Cuchulainn
Posts: 59921
Joined: July 16th, 2004, 7:38 am
Location: Amsterdam
Contact:

RIP Margaret Thatcher

April 10th, 2013, 11:27 am

QuoteOriginally posted by: PaulIf you are on the left wing it helps enormously if you are a hypocrite or naive. PMost are naive. Except maybe for Billy B.The right are more hypocritical e.g. supporting Pinochet and Khmer Rouge while calling Bobby Sands and Nelson Mandela 'terrorists'. And all that blarney about freedom and democracy, and the last refuge of scoundrels, patriotism.
Last edited by Cuchulainn on April 9th, 2013, 10:00 pm, edited 1 time in total.
 
User avatar
Cuchulainn
Posts: 59921
Joined: July 16th, 2004, 7:38 am
Location: Amsterdam
Contact:

RIP Margaret Thatcher

April 10th, 2013, 11:28 am

QuoteOriginally posted by: exneratunriskQuoteOriginally posted by: CuchulainnQuoteOriginally posted by: daveangelQuoteOriginally posted by: exneratunriskFrom that time? Which Side Are You On - Billy BraggBilly Bragg is a whingeing pratDave, you're getting emotional? It has struck a chord.It seems we all have emotions-on-behalf .... but who? I recently read a statement of the Estonian president mourning Thatcher as if she was his "mother" - because she were influencing on the reformist policy in Estonia and the other Baltic ... which was good, independent of the deeper motivation ... We tend to assess politics at the level of leader-networks? My personal social index is still the number of sleeping-cartons, say, under the Waterloo Bridge .. And this index is really volatile over longer periods ... Which-side-are-you-on matters, IMO.He was just mourning the demise of Vico cycle #2. One strong dictator replaced by another one.
Last edited by Cuchulainn on April 9th, 2013, 10:00 pm, edited 1 time in total.
 
User avatar
Traden4Alpha
Posts: 23951
Joined: September 20th, 2002, 8:30 pm

RIP Margaret Thatcher

April 10th, 2013, 12:05 pm

QuoteOriginally posted by: exneratunriskMy personal social index is still the number of sleeping-cartons, say, under the Waterloo Bridge .. And this index is really volatile over longer periods ... Which-side-are-you-on matters, IMO.In the short-term, Liberal policies reduce this number and Conservative policies increase this number. In the long-term, Liberal policies increase this number and Conservative policies reduce this number. So, should we think short-term or long-term?Forcing companies to pay workers more than the worker is worth, forcing companies retain unneeded workers, and prohibiting companies from improving productivity ultimately lead to a much worse social index even if that serves the short-term interests of the workers.
 
User avatar
Cuchulainn
Posts: 59921
Joined: July 16th, 2004, 7:38 am
Location: Amsterdam
Contact:

RIP Margaret Thatcher

April 10th, 2013, 12:54 pm

QuoteOriginally posted by: Traden4AlphaQuoteOriginally posted by: exneratunriskMy personal social index is still the number of sleeping-cartons, say, under the Waterloo Bridge .. And this index is really volatile over longer periods ... Which-side-are-you-on matters, IMO.In the short-term, Liberal policies reduce this number and Conservative policies increase this number. In the long-term, Liberal policies increase this number and Conservative policies reduce this number. So, should we think short-term or long-term?Forcing companies to pay workers more than the worker is worth, forcing companies retain unneeded workers, and prohibiting companies from improving productivity ultimately lead to a much worse social index even if that serves the short-term interests of the workers.Here we see the clash of cultures.
Last edited by Cuchulainn on April 9th, 2013, 10:00 pm, edited 1 time in total.
 
User avatar
exneratunrisk
Posts: 3559
Joined: April 20th, 2004, 12:25 pm

RIP Margaret Thatcher

April 10th, 2013, 6:46 pm

QuoteOriginally posted by: Traden4AlphaQuoteOriginally posted by: exneratunriskMy personal social index is still the number of sleeping-cartons, say, under the Waterloo Bridge .. And this index is really volatile over longer periods ... Which-side-are-you-on matters, IMO.In the short-term, Liberal policies reduce this number and Conservative policies increase this number. In the long-term, Liberal policies increase this number and Conservative policies reduce this number. So, should we think short-term or long-term?Forcing companies to pay workers more than the worker is worth, forcing companies retain unneeded workers, and prohibiting companies from improving productivity ultimately lead to a much worse social index even if that serves the short-term interests of the workers.Interesting. This hypothesis is placed constantly .. but the tests in the laboratory of reality shows a completely different result. It's not that linear?The wine maker who makes wine for 1 a bottle can only drink his own wine.The wine maker who makes wine for 4 a bottle cannot afford his own wine ...The wine maker who makes wine for 15 a bottle can drink his own wine ...Who is "worth" what? Money is programmable, value is programmable ... But all we have in mind is programming the downturn to zero? No "value" no right no right no cunsumption no consumption ....?p.s. if computer designers had thought that way we still had fixed memory allocstions ...
Last edited by exneratunrisk on April 10th, 2013, 10:00 pm, edited 1 time in total.
ABOUT WILMOTT

PW by JB

Wilmott.com has been "Serving the Quantitative Finance Community" since 2001. Continued...


Twitter LinkedIn Instagram

JOBS BOARD

JOBS BOARD

Looking for a quant job, risk, algo trading,...? Browse jobs here...


GZIP: On