The Daily Blog Open Mic – Monday 3rd July 2017

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openmike

 

Announce protest actions, general chit chat or give your opinion on issues we haven’t covered for the day.

Moderation rules are more lenient for this section, but try and play nicely.

 

 

8 COMMENTS

  1. What can you say that hasn’t already been said!
    This time MIT.
    CERTIFICATES FOR MONEY.
    Scam scam scam and blame the immigrants.

  2. [Comment deleted. Your post on vaccine conspiracies is repetitive and full of unproven allegations that we are not prepared to re-publish here. They already appear on countless conspiracy websites. This is the second instance of this comment being submitted. Do not try a third time, please. – Scarletmod]

  3. Actually, i’m thinking this could become who Cleangreen labels ‘ssjoyce”s worst nightmare
    Along with that really silly bitch who doth protest lately and loudly. Real Estate agent NOT, nex bess thung: Terse Shri Kay Shun provider

    As I mull it over,
    and given the latest ( M Oi Tee) revelation that wasn’t, it seems to me there’s room for legal ‘ekshun’ to recover the costs involved in all this sham in which NZ government and their designated agents have been involved.

  4. https://www.theguardian.com/business/2017/jun/25/booming-stock-markets-distract-from-threat-of-excessive-lending

    Central banks raise alarm over new crash after steep rise in lending

    Bankers warn that high-risk borrowers pose danger to stability of global financial markets
    Financial markets and policymakers were too quick to forget the risks that brought about the 2008 financial crash, according to Claudio Borio, from the BIS.

    Hoon/Reuters

    Phillip Inman

    Sunday 25 June 2017 17.48 BST First published on Sunday 25 June 2017 11.30 BST
    World leaders have been warned to guard against another financial crash after a steep rise in risky bank lending over the past year that could threaten the stability of the global financial system.
    The international body that represents central banks said a recovery in global trade this year and improving levels of GDP in most countries could create complacency and convince policymakers to ignore warning signs of excessive lending coming from the financial sector.
    With only two weeks until the G20 summit of world leaders in Hamburg, the Bank of International Settlements (BIS) said politicians and central banks needed to keep financial markets in check to prevent another crash.

    Business Today: sign up for a morning shot of financial news

    Soaring stock markets, which have become detached from underlying values, were another sign that unjustified exuberance had replaced last year’s overly pessimistic reaction to political events such as the US election and the UK’s Brexit vote, BIS cautioned in its annual report published on Sunday.
    The warning comes as Donald Trump, the US president, is expected to resist attempts by G20 members and his German hosts for closer co-operation in tackling reckless lending at a meeting on 7 July.
    Angela Merkel, bruised from Trump’s decision to reject the Paris climate change deal, is understood to be keen to get the US to sign up to tough regulations on banks put forward by the Financial Stability Board (FSB), an arm of the G20.
    Mark Carney, the Bank of England governor and boss of the FSB, wrote to Berlin in March demanding greater efforts to tackle the riskier parts of the financial system.
    Carney, who will attend the Hamburg summit, said politicians needed to adopt tougher rules to bring shadow banking into the mainstream financial system and make derivatives markets safer.
    He warned that a raft of reforms proposed in the wake of the 2008 crash had yet to be enacted while “new and emerging vulnerabilities” were piling up and adding to the number of risks that need to be tackled.

  5. Good to see Serco just as caring in the UK – (extracted from The Guardian)

    “Workers across four London hospitals will be taking strike action this week in a battle against low pay.
    Cleaners, porters and security staff have seen their real living standards drop year on year.
    Workers are now demanding a 30p per hour wage increase.
    Serco made over £80m in profit last year but managers are refusing to share these earnings fairly and protect the living standards of the workers.
    Rather than try to settle this dispute the private contractor Serco wasted valuable time by offering absolutely nothing new for the workforce at talks with Acas last week.
    Unite members are fed up and are preparing for a series of strikes to demand a fair and proper pay rise which recognises the contribution they make to Serco and to Barts.

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