I have said, and the FT and others have reported that I have said, that I do not think we will survive the next four years without major economic crisis (or at least a serious downturn) and statistically it would be astonishing if we did not. To go from 2008 to 2020 without such an event would, in the neoliberal era, be unprecedented: it has them hard wired into its design. But Larry, like so many others, ignores this and the absurd assumptions that George Osborne has had to make to suggest that this will not happen

List of UK recessions.

Q3 1991 to Q2 2008….17 years in the neoliberal era without an economic crisis.

Ho hum.

19 thoughts on “Tee hee”

  1. ‘I have said, and the FT and others have reported that I have said’

    He is possibly the most arrogant and stupid man alive. His overweening vanity, combined with prickliness and idiocy, is just very, very funny.

  2. yeah but he hasn’t said where. I mean we’re probably going to get at least a handful of emerging economy or African crises, the peripheral EU aren’t out of the woods.

  3. 2008 wasn’t the end of our economic troubles. He is probably right about a crunch coming. Nothing to do with his neoliberal bollocks. Because statism in general and socialism in particular are now the default setting of the West. It is annoying beyond measure to see twats (whose poison beliefs are the real cause of all the trouble ) lining up to not only duck the blame but pass it on to others.

  4. Ritchie is strongly implying that these crashes proved NeoLiberal economics is bad, isn’t he?

    I don’t disagree the crashes are a pain in the arse, but the odd wobble every decade and a half seems a better deal than permanent poverty, which has been the only output of the economic system he espouses*.

    *aside from excuses as to why socialism will work next time.

  5. If he was a character in a novel by PG Wodehouse, Evelyn Waugh or Jerome K Jerome – Swift even – we would think he was largely invented, and a gross exaggeration of some real person created solely for comic effect.

    Yet here he is, alive and well(ish), in glorious technicolour and almost as large as life.

    He has ruined Three Men in a Boat for me, and it was previously one of my favourite books.

  6. If the world stumbles through without a big crash (doubtful) then Labour led by Corbyn with Murphy advising will be an hilarious party suicide. If there is a big crash (likely), the formation of that team will be seen as political genius, as the British blame capitalism and run back to the arms of their beloved socialism.

    Then it’ll be a slightly less funny national suicide.

  7. Here come the trolls and naysayers, right on cue.

    The bit you ignore, and I have to wonder why, is that that the 2008 crash was particularly severe, as part of neoliberal strategy.

    The crash was delayed through neoliberal delaying tactics, which meant that the crash was accentuated. You must divide the time between crashes by the severity factor to arrive at the “real” period between recessions.

    I’ve explained this elsewhere, and at length.

  8. Bloke not in the US

    Jack C, I feel obliged to point out what a moronic arse your comments are. These nasty neolibs with their evil neolib tactics.

    I am glad you have commented on this else where, and at length. Why don’t you fuck off back there and leave this tiny corner of the web to adults with at least a high school education.

    I would continue but I have to go to the toilet and lay a Jack C, you arrogant tosser..

  9. Surreptitious Evil

    No. You missed a urine extraction.

    Still, peeps responding literally adds to the smirkness of the occasion 😉

  10. Given how hard it can be to spot a well-constructed pisstake: is there a possibility that Murphy is simply on a very good wind-up?

    Think about it: slavish adherence to an obviously wrong ideology, pooterish character, spot of Walter mitty…

    He’s been pulling our legs.

  11. LE:

    The Murph wrote:

    “I do not think we will survive the next four years without major economic crisis (or at least a serious downturn) and statistically it would be astonishing if we did not. To go from 2008 to 2020 without such an event would, in the neoliberal era, be unprecedented: it has them hard wired into its design. But Larry, like so many others, ignores this and the absurd assumptions that George Osborne has had to make to suggest that this will not happen…”

    When challenged by a commentator, he says he was referring to the wider world, not just the UK – though the commentator remarks that the above quote looks UK-specific.

  12. Everything’s wonderful. Real wages in decline ,another property bubble forming; nothing could go wrong. Anybody says it could is an agent of the Soviet State even though this effectively ceased a long time ago.

  13. Bloke not in the US

    How very dare you.

    When, by the way, did you start using “arse” instead of “ass”?

    A good choice it has to be said, and one that shows there’s hope for you yet.

Leave a Reply

Your email address will not be published. Required fields are marked *