We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Darling considers second bailout...

124»

Comments

  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    must be a good feeling to know you are well out of it Gen :A good for you mate this country is an out & out joke atm
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    ldavies wrote: »
    Out of it? Where are you?:p

    Generali moved to Australia quite recently :)

    Im still here, mores the pity.
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • globalds
    globalds Posts: 9,431 Forumite
    The British have a history of muddling through.
    My own view would be that we will end up paying a percentage of these massive debts off with our present assets .Especially the value of pension funds and Bricks and mortar...
    I'm still convinced the rest will be paid off (lost) with inflation .
    I know everyone is going to tell me that inflation is the last thing on the horizon ...What worries me is what would have to happen to cause rampant inflation ..
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    This is stupid, the government cannot replace worldwide funding that the banks previously relyed on nor should it try

    Their belief is capitalism is a bridled horse waiting to be whipped into action but it is more akin to a raging bull charging every red flag.
    The government needs to calm the trouble not paint the town red
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    ldavies wrote: »
    Nice!! wouldnt we all like to go !:D
    What with all the crocodiles, spiders, scorpions, XXXX beers ...no thanks.
    Mind you they also have lovely weather and girls in tiny bikinis.


    Hard to choose.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    Lotus-eater wrote: »
    What with all the crocodiles, spiders, scorpions, XXXX beers ...no thanks.
    Mind you they also have lovely weather and girls in tiny bikinis.


    Hard to choose.

    constant barbeques appeal to me. And nice weather.

    I bet you dont have to worry in Oz about whether to put the heating on as to whether you can afford the bill.

    WIN WIN
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    I read about a tourist camping out in Australia who was eaten whole, the only thing they found was the wedding ring

    Under one option, a “bad bank” would be created to dispose of bad debts. The Treasury would take bad loans off the hands of troubled banks, perhaps swapping them for government bonds. The toxic assets, blamed for poisoning the financial system, would be parked in a state vehicle or “bad bank” that would manage them and attempt to dispose of them while “detoxifying” the main-stream banking system.
    The original purpose of the tarp scheme yet I read paulson had realised this idea was obviously wrong.
    Still not sure why, its how ubs was bailed out
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture