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Britain in the red

http://news.bbc.co.uk/1/hi/programmes/panorama/7667716.stm

email Peston your Questions

my email Question asks if should the UK join the Euro now
(thus all the big players in same currency)

Comments

  • What's the difference between Robert Peston and God?

    God doesn't think he's Robert Peston.


    Sorry. I hate that guy.
    Target Cash Net Worth: £25K by January 2012
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  • I am mainly interested in the others and their views esp my Favorite Sir Alan :T
  • edwinac_2
    edwinac_2 Posts: 268 Forumite
    I am mainly interested in the others and their views esp my Favorite Sir Alan :T

    Sir Alan Greenspan is largely to blame for this unholy crisis. Greenspan deliberately poured gas on derivatives gambling and other toxic speculative instruments.
    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
    -- Thomas Jefferson
  • edwinac wrote: »
    Sir Alan Greenspan is largely to blame for this unholy crisis. Greenspan deliberately poured gas on derivatives gambling and other toxic speculative instruments.

    Sir Alan Sugar i was ref to , the Guy wh0 came from working class family on a council estate and started out selling goods from the back of a van.

    maybe you hear of him ?
  • Does that mean that you have followed him into Woolworths shares richardlionheart? I have had them for a little while and enjoyed the Sugar bounce but it seems to have run out of steam for the moment.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Sir Alan Sugar, I was referring to...
    But Alan Greenspan was 'knighted' by the Queen too. He can't himself 'Sir', however, as a foreign citizen - which is just as well really....

    He-ho: "Is there an 'Sir Alan' in this house?"
    .....under construction.... COVID is a [discontinued] scam
  • purch
    purch Posts: 9,865 Forumite
    Dear Peston

    " Do you have a clue about anything you babble on about ?? "
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • edwinac_2
    edwinac_2 Posts: 268 Forumite
    lectureral wrote: »
    Does that mean that you have followed him into Woolworths shares richardlionheart? I have had them for a little while and enjoyed the Sugar bounce but it seems to have run out of steam for the moment.

    Sugar later admitted he never bought any shares in Woolworths after all...

    Sources close to Woolies claimed the stock Sir Alan planned to buy was frozen by order in an Icelandic bank..
    ft.com wrote:
    Analysts were puzzled that Sir Alan would invest in a company whose auditors, PwC, say there are “material uncertainties which may cast significant doubt about the company’s ability to continue as a going concern”. So great are the worries over the chain’s financial health that credit insurers have withdrawn cover from some of its suppliers.
    The rumour was good for the bounce though, as you say... Woolies' shares closed up 0.02p on Friday at 4.08p.

    http://www.ft.com/cms/s/0/12b9de18-9c80-11dd-a42e-000077b07658.html
    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
    -- Thomas Jefferson
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