There are some big riots going on in England right now

  • Thread starter Thread starter morganist
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Quote from Ash1972:

Well the looting was primarily carried out against small business owners. I would class these people as the middle class backbone of Britain. True, the areas involved were mainly working class, but not everyone living in these areas is necessarily poor and/or on welfare.

There is a huge difference between using shoot to kill against looters - who are cowardly and only in it for the money - and against political rebels, who have a point to make and often don't mind becoming martyrs. That's why shoot to kill has completely failed in the Middle East protests as the rioters are genuinely rising up against dictatorship.

I am talking about using tough tactics against criminals who are leading comfortable lives on welfare all at the expense of the taxpayer, essentially the people they are looting.
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From the court appearances it would appear that many are in full employment and the looters varying from an off duty soldier all the way through to the offspring of millionaires. So far I am keeping an open mind to the root cause of these riots but I am not convinced that welfare is a prime causative. The social ills of the UK have been long in the making.
 
Quote from Dragons Teeth:

From the court appearances it would appear that many are in full employment the looters varying from 11 year old's, off duty soldier all the way through to the offspring of millionaires. So far I am keeping an open mind to the root cause of these riots but I am not convinced that welfare is a prime causative. The social ills of the UK have been long in the making.
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If you think about it, welfare gives people a roof over their head and enough to eat - the basics to sustain life - but none of the luxuries.

Thus having basic needs taken care of by the tax payer and 100% of their time being leisure time as they are not working for their survival, the obvious thing to do is turn to crime to finance the luxuries.

Nothing breeds crime like welfare.
 
so far i think there is not enough riots to say this is more than usual. However another couple of bursts in eu will change things. This kind of stuff can spread and 'kill em all' will not work and will achieve opposite.

in my opinion this will affect property small businesses etc, which will affect banks.

Maybe last drops and shortsale ban are kind of anticipation of this xxx continuing/expanding.

keep eyes open
 
Quote from Ash1972:



Nothing breeds crime like welfare.
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It was shown that all strata of income were looting.

Macroman, "keep all eyes open" . I like this.
 
It is a little chit-chat.
It's also something to start looking at in terms of how it relates
to the global economy.
Look at SNE and factor in the warehouse burning, hacks.
So, maybe it looks insignificant, but in a longer trend
it may prove to be something that is significant.
So, don't dismiss the thread as bs, just yet.
 
Quote from J Ski:

It was shown that all strata of income were looting.
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I would say the sons and daughters of the wealthy were the exception rather than the rule.. though technically being bankrolled by a rich daddy makes them welfare cases too :)
 
Quote from CrackPipe:

time to move this thread to chit-chat
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Not so. Discussions about social mood changes are vastly more relevant to financial markets than any hot air about earnings, macro outlook or whatever else.
 
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