ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM) header
ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM) profile picture

Founder of Murray Collins. Helping businesses get paid. Economist. Curious mind, occasional troublemaker. Always questioning conventional thinking. ๐Ÿค”

Glasgow | Edinburgh | UK
Joined October 2011
Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)Photo by ScottieM ๐Ÿด๓ ง๓ ข๓ ณ๓ ฃ๓ ด๓ ฟ ๐Ÿ‡ฌ๐Ÿ‡ง (@RealScottieM)
Helping UK businesses get paid. B2B credit management & debt recovery, with a behavioural approach. Because getting paid isn't just about numbers. It's about people, behaviour and knowing when to push, when to talk and how to get paid without burning bridges. murraycollins.co.uk
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One of Americas most important and biggest tech companies, had a global outage. Then all US airports & planes are grounded, all on the same day. Coincidence? ๐Ÿค” What are the chances? ๐Ÿค”
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Where are all these so called "woman rights groups''? They were all falling over themselves to issue their public statements on Russell Brand just a few days ago. Their silence is deafening, and telling. THEY ARE DISGRACEFULL... ALL OF THEM.
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It's becoming clear that David Walliams is a peadophile. He's clearly a danger to kids, hence the reason people were warned NOT to book him for schools. Now for all those who new and protected him, will now fake being shocked, to protect themselves. metro.co.uk/2026/11/13/policโ€ฆ
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Microsoft and the pile of BS that is outlook... Should've used Chromebooks & Gmail.
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I thought Microsoft have a global outage every single day. Everything they do is so, so, so, SLOW and never works right anyway. Not to mention, anything Microsoft do are so endlessly problematic.
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The statement Jonathan Ross put out may well be the worst statement in the history of statements. Walliams & Brand. Talk about digging yourself a deeper hole FFS. We all know he's 100% lying and so does he, so how does he expect people to trust him in the future or even now?
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FFS... David Walliams commiting a sexual assault live on stage. Talk about evidence? Some of the charges Russell Brand faced were not as bad as that. ๐Ÿ˜ฒ๐Ÿ˜ฏ
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I'm no fan of Russell Brand, never liked him. But, reading & listening to the facts of the case, I think there maybe a witch-hunt against him. IMO. None of the women: - None fought back when allegedly raped - None of them resisted or screamed - None of them tried to leave. ๐Ÿค” ๐Ÿค”๐Ÿค” As for consent - they all new/hoping what they were going back to a hotel room/his flat for. They new they weren't going back for tea & biscuits. โ˜• ๐Ÿช
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Is this the most corrupt warmonger, the most dangerous woman in Europe and the world? Her approach to Russia, the EU's relentless drive towards war, the increasing rhetoric on confrontation rather than diplomacy. Ursula wonder Liar is, the enemy within Europe itself. IMO. Europe needs peace, diplomacy, economic stability, not on a war footing & a bottomless pit of money for weapons/war - while ordinary people struggle with the cost of living. #UrsulaVonDerLeyen #EuropeanUnion #EU #Russia #Ukraine
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Richard Werner explaining how banks create money from nothing. Wait when people find out how Government spending, tax & borrowing really works also.
๐ŸšจBrilliant interview! ๐Ÿ’ธ๐Ÿ’ฐ๐Ÿ’ธ๐Ÿ’ฐ๐Ÿ’ธ๐Ÿ’ฐ๐Ÿ’ธ ๐ŸšจHow do banks create money ? ๐Ÿ’ธ๐Ÿ’ฐ๐Ÿ’ธ๐Ÿ’ฐ๐Ÿ’ธ๐Ÿ’ฐ๐Ÿ’ธ ๐ŸšจProf Werner is incomparable. In the 5000 yr history of banking no-one has ever done an imperical study of banking to show where the money comes from- until now. Step up the rock star economist Professor Richard Werner. His amazing qualifications and held positions makes the eye water. He is truly the authority on this subject. Banks are thought of as deposit taking entities who lend money - but that is just wrong. His assessment - Banks dont lend money but they misrepresent (lie) to their customers and say that they do.
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HERE'S WHAT THE UK NATIONAL DEBT REALLY IS - IT'S NOT REALLY A DEBT AT ALL. It's NOTHING like a household/business debt... it's simply the private & foreign sectors savings, investments etc. Government spending creates the reserves that are then used to buy government bonds. (Debt) That's it.
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UK debt interest and how public government spending really works. ๐“๐ก๐ž ๐”๐Š ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐›๐ญ ๐ก๐š๐ฌ ๐ฉ๐š๐ฌ๐ฌ๐ž๐ ยฃ3 ๐“๐‘๐ˆ๐‹๐‹๐ˆ๐Ž๐. ๐€๐ง๐ ๐š๐ฉ๐ฉ๐š๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ, ๐ฐ๐ž'๐ซ๐ž ๐š๐ฅ๐ฅ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ฌ๐ž๐ ๐ญ๐จ ๐ฉ๐š๐ง๐ข๐œ. ๐Ÿ˜‚ We're drowning in debt. We're living beyond our means. Our grandchildren will have to pay it back, etc etc. It's all complete economic BS, repeated by politicians, the media and TV economists and people start believing it. ๐๐ฎ๐ญ ๐ก๐ž๐ซ๐ž'๐ฌ ๐ฐ๐ก๐š๐ญ ๐๐„๐•๐„๐‘ ๐ ๐ž๐ญ๐ฌ ๐ž๐ฑ๐ฉ๐ฅ๐š๐ข๐ง๐ž๐. The national debt is also somebody else's financial wealth, and the private sectors asset. Much of it consists of government bonds, held by pension funds, banks, insurance companies and investors. What the government records as a liability, somebody else holds as an asset. And here's where it gets interestingโ€ฆ If the government spends ยฃ100 and collects ยฃ90 in taxes, it runs a ยฃ10 deficit. But that ยฃ10 is a financial surplus for the private and foreign sectors combined. The government's deficit is always somebody else's surplus. That's not an opinion. It's basic accounting and economic facts. ๐€๐ง๐ ๐ฐ๐ก๐š๐ญ ๐š๐›๐จ๐ฎ๐ญ ๐š๐ฅ๐ฅ ๐ญ๐ก๐ข๐ฌ ๐ ๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ ๐›๐จ๐ซ๐ซ๐จ๐ฐ๐ข๐ง๐ ? The UK issues its own currency. It doesn't need to borrow money because it's somehow run out of money, thats just not possible. Government spending creates bank deposits & adds reserves to the banking system. Its those reserves that then purchases government bonds, although the BOE can create reserves also. ๐–๐ก๐š๐ญ ๐ข๐Ÿ ๐ฐ๐ž ๐ž๐ฅ๐ข๐ฆ๐ข๐ง๐š๐ญ๐ž๐ ๐ญ๐ก๐ž ๐„๐๐“๐ˆ๐‘๐„ ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐›๐ญ? Sounds great, doesn't it? ๐Ÿ˜‚ Except we'd also eliminate government bonds, the safe, interest-earning assets that pension funds, your pension & insurances even, banks and investors rely on that keeps the financial system functioning. Investors would receive cash instead, but lose those bonds/assets. And if we tried to pay off the debt through years of budget surpluses? More and more money would simply be removed from the economy. Getting rid of government debt will not save the economy. It would end up damaging it. ๐€๐ง๐ ๐ก๐ž๐ซ๐ž'๐ฌ ๐š๐ง๐จ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ข๐ง๐  ๐›๐ข๐ญ. A country isn't automatically better off because its government owes less. And it isn't automatically worse off because it owes more. What matters is what that spending has produced, what it costs, and whether we're building a growing, more productive economy. We SHOULD started talking about that instead, instead of talking about the stuff the media and the government wants you to talk about and focus on, designed to give them protection, a free ride and support them when austerity happens. ๐–๐ž ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐›๐ž ๐š๐ฌ๐ค๐ข๐ง๐ ... ๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ฐ๐ž ๐ ๐ž๐ญ๐ญ๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐จ๐ฎ๐ซ ๐ฆ๐จ๐ง๐ž๐ฒ? ๐–๐ก๐จ ๐›๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ? ๐€๐ง๐ ๐ฐ๐ก๐ฒ ๐š๐ซ๐ž ๐จ๐ซ๐๐ข๐ง๐š๐ซ๐ฒ ๐ฉ๐ž๐จ๐ฉ๐ฅ๐ž ๐š๐ฅ๐ฐ๐š๐ฒ๐ฌ ๐ญ๐ก๐ž ๐จ๐ง๐ž๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ฉ๐š๐ฒ ๐ญ๐ก๐ž ๐ฉ๐ซ๐ข๐œ๐ž ๐ฐ๐ก๐ž๐ง ๐š๐ฎ๐ฌ๐ญ๐ž๐ซ๐ข๐ญ๐ฒ ๐œ๐จ๐ฆ๐ž๐ฌ ๐š๐ฅ๐จ๐ง๐ ? #NationalDebt #Economics #UKEconomy
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More lies and misinformation being told by another economic journalist.
The UK government has, since April, spent no less than ยฃ61 billion - thatโ€™s ยฃ61,000,000,000 - on debt interest payments. Thatโ€™s equivalent to our entire annual defence budget - on just half a yearโ€™s worth of debt service costs, not paying back a penny of our national debt. For ยฃ61bn you could build 40 state-of-the-art hospitals. Or employ 100,000 nurses for a decade Or fund free-at-the-point-of-use social care, across the entire UK, for three years. Watch this short โ€œWhen The Facts Changeโ€ video for more on the UKโ€™s soaring debt interest bill - the biggest national scandal our mainstream media continues to ignore.
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Keep calm and keep drilling. I say, get the oil and gas out from the North Sea.
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