Icesave Veterans Association

Tibbledom

amistupid wrote: »

There he's gone.

I'm not a fast typist

DoubleEntendre

Iced_Off wrote: »

I knew we couldn't stay on topic for long!

STAY ON TOPIC????!!!! madame, you insult me. Pistols at dawn? please....;)

suesie999

amistupid wrote: »

What I can't get my head around is what about people without occupational pensions who actually rely on interest from their savings to pay everyday bills how do they cope.

well I have NO income at moment whilst setting up this business...........it's not easy:eek:

amistupid

Philistine DE. That took me ages to google I thought it began with an "F"

DoubleEntendre

amistupid wrote: »

Philistine DE. That took me ages to google I thought it began with an "F"

Which of my insults are your referring to kind sir?

DoubleEntendre

amistupid wrote: »

There he's gone.

Ships that pass in the night

....just getting all Valentiny...Martin put me in the mood.;)

amistupid

Tibbledom wrote: »

Personally I am worried that the world economy will collapse when the true danger of global warming become apparent, and we realise that growth is not sustainable, so the historically 3% real returns on shares will not occur in the future. But that is a personal view.

:T :T :T :T :T :T If global warming doesn't kill us all any way. How we can ignore this Damocles Sword is beyond me.

Tibbledom

amistupid wrote: »

What I can't get my head around is what about people without occupational pensions who actually rely on interest from their savings to pay everyday bills how do they cope.

It's just a case of using some of their capital to supplement their income. As long as they don't deplete too much capital they should be OK.

However the reality for most is that savings will run out at some point. It is just a question of when.

There are two things going on. One their capital is being depleted in absolute terms (i.e down from 100K to 95K say) and two that capital is going down in real terms (e.g. that 95K is worth less than 95K was a year ago because of inflation).

Again the psychology only looks at the absolute reduction and forgets the often greater danger of the inflationary effect.

amistupid

DoubleEntendre wrote: »

Which of my insults are your referring to kind sir?

None you know I really love you.

DoubleEntendre

amistupid wrote: »

:T :T :T :T :T :T If global warming doesn't kill us all any way. How we can ignore this Damocles Sword is beyond me.

I didn't notice much UK global warming in the summers of 07 and 08!! :mad: