RBS about to implode?

tuggy12

Cleaver wrote: »

I've just made it up. Sounds good in theory though. I call it 'Reverse Economic Fiscal Spiralling'.

Damn, you've just given Clown Brown his next clever soundbite!

sb44

mewbie wrote: »

http://www.needasafe.com/acatalog/home_safes.html?gclid=CKzT6K-zm5gCFQsh3godlRZenA

I wonder if their sales increase in the near future.

mewbie_2

tuggy12 wrote: »

Damn, you've just given Clown Brown his next clever soundbite!

Nah. Missed off do-nothing and global.

wymondham

This whole thing has got out of control. The banks are businesses and as such should be allowed to stand or fall by their actions. We have wasted so much money we don't have over the last few months. The longer this bailout culture goes on the worse it will get. This whole thing is turning from a bad recession into a messed up cycle which will introduce crippling taxes for future generations.

You cannot spend/buy/borrow your way out of a recession. Why does Gordon think he can do it?? :mad:

martynh99

mewbie wrote: »

http://www.needasafe.com/acatalog/home_safes.html?gclid=CKzT6K-zm5gCFQsh3godlRZenA

Quote from link http://www.needasafe.com/acatalog/Cash_Rating__1_000_-_Jewellery_Rating__10_000.html

Wall Safe Insurance Rating £1000 (Jewellery £10000)
Ideal for high value items such as drugs, tobacco, tools, etc

mewbie_2

martynh99 wrote: »

Quote from link http://www.needasafe.com/acatalog/Cash_Rating__1_000_-_Jewellery_Rating__10_000.html

Wall Safe Insurance Rating £1000 (Jewellery £10000)
Ideal for high value items such as drugs, tobacco, tools, etc

No one's touching my stash.

funkyfreddy9k

wymondham wrote: »

This whole thing has got out of control. The banks are businesses and as such should be allowed to stand or fall by their actions. We have wasted so much money we don't have over the last few months. The longer this bailout culture goes on the worse it will get. This whole thing is turning from a bad recession into a messed up cycle which will introduce crippling taxes for future generations.

You cannot spend/buy/borrow your way out of a recession. Why does Gordon think he can do it?? :mad:

so letting every high street name (infact every big business) in britain collapse is a viable alternative? I think not.

Kenny4315

They all seem to be going under anyway.

wigglebeena

shaven-monkey wrote: »

um, interesting.

So unlike other banks and most of the major retailers in the UK the bank is technically solvent. The shareholders just don't like the idea of nationalisation so they're trying to dump their holdings. Of course these figures don't include the "toxic" assets because nobody likes to put those on a balance sheet these days.

As for no investor in their right mind extending loans... well the taxpayers are each underwriting £33k of debt right now, all the other measures will just increase that debt.

The moral of the story is : Rise up and put the bankers, politicians, hedge fund managers, debtmongers and other capitalist pigdogs against a wall and shoot them in the face.
Better yet, put them into labor camps to work off the massive volumes of value they've stolen from each and every one of us.
Or would that be inhumane?

Sounds good to me. But the politicians first. Remember, it's important. And don't forget Tony Bliar just because he got out while the going was good.

The Hague, Tone. The Hague.

wigglebeena

D'you think they could lock Cherie up as well while they were at it?