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Bloody hell - it's MELTDOWN on the FTSE
Comments
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I suspect this G7/8 meeting is one of the most widely watched ever. I will be relieved when the weekend's over and if say at 9am Monday the FTSE is steady.Dithering_Dad wrote: »I'm hoping that G7 (or is it G8 now, I always forget) will come up with something and the markets will start to turn around.
Unfortunately, everytime they talk about "need to take immediate action now" I am reminded of the People's Front in Life of Brian, where when the situation is absolutely desperate they sit down for immediate discussion and to draft a completely new motion.0 -
I suspect this G7/8 meeting is one of the most widely watched ever. I will be relieved when the weekend's over and if say at 9am Monday the FTSE is steady.
Unfortunately, everytime they talk about "need to take immediate action now" I am reminded of the People's Front in Life of Brian, where when the situation is absolutely desperate they sit down for immediate discussion and to draft a completely new motion.
Yep. Some concrete action is what is needed. I'm not at all optimistic.No reliance should be placed on the above! Absolutely none, do you hear?0 -
I think that acid ketosis sets in after a while, so I wouldn't taste good. Anyway, I'm busy painting yellow and black stripes around my body. :cool:
You think we'll be in a position to care about taste?...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
G7 is the meeting of finance ministers from the UK, US, Canada, France, Germany, Italy and Japan.
G8 is the meeting of the Govt heads (PMs or Presidents) of the above plus Russia.
They are different things entirely. G8 was set up as an initial way in to the international liberal democracy club for the Russians IIRC. Then they voted for a deadbeat, then for the firm smack of Putin.0 -
Why oh why don't they involve the top ten countries - such as this list...G7 is the meeting of finance ministers from the UK, US, Canada, France, Germany, Italy and Japan.
US
China
Japan
India
Germany
UK
France
Italy
Brazil
Russia
The world is changing - haven't they even got that idea yet?0 -
Why oh why don't they involve the top ten countries - such as this list...
US
China
Japan
India
Germany
UK
France
Italy
Brazil
Russia
The world is changing - haven't they even got that idea yet?
I think you could put South africa on that list as well, It would be a good thing if all continents were represented.0 -
Australia?stonethrower wrote: »I think you could put South africa on that list as well, It would be a good thing if all continents were represented.Illegitimi non carborundum.0 -
I should have pointed out they were in order of economy, at least from the web site I cribbed it off. I didn't go for land mass.0
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BettiePage wrote: »Australia?
Yes, quite, but I think there has been some discussion about South Africa, and I think they do attend fairly often. Yes, obviously, Australia should be there too.
It's interesting that Brazil was in very poor shape financially in the 90's (viz Iceland now, and they had very high inflation - also remember Argentina in, I think, about 2001 or so?), and look at how they've been recently.
Jen
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