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!

UK At 80% Risk Of Rating Downgrade On Current Debt Plan:PIMCO

24567…10

Comments

  • WhiteThierry
    WhiteThierry Posts: 166 Forumite
    mbga9pgf wrote: »
    I am kinda silently hoping that Labour get in for one last term... to see how badly they cope with all the excrement they have left the Tories.

    I reckon they would last a month before a general gilts strike and the populous riot with the effect of no money in the public coffers...


    Anyone who believes things will magically improve under the tories are as deluded as those in 1997 who thought we'd be living in a socialist utopia by now. The 2 main parties are very close to each other now.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    WhiteThierry wrote: »
    Anyone who believes things will magically improve under the tories are as deluded as those in 1997 who thought we'd be living in a socialist utopia by now. The 2 main parties are very close to each other now.


    No they are not. Wait and see!
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    In the paper at the weekend, it said the markets fear a weak government with a slim majority. Such a government wouldn't have a strong mandate to implement the tough decisions needed.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Cannon_Fodder wrote: »
    Unfortunately there is not a guarantee that Labour will lose.

    The markets presumably have to operate on the basis of status quo, until such time that signs of movement occur, whether that is Darling having an emergency budget or the election taking place and the winners being known, rather than guessed or hoped for.

    With potentially 5 months to an election. Odds on Labour will have an emergency budget. As Dubai illustrated outside events could indirectly the UK with so much hanging on the recovery of the banks.

    Current weather spell isn't going to help economic activity either.
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    HAMISH_MCTAVISH wrote: »
    Seriously, what is the point of saying that?

    We know the conservatives will get in.


    You underestimate the ability of Labour to use the media to spin themselves out of this & their abiliy to conjure up 5 million postal votes from other continents..
    Not Again
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    kabayiri wrote: »
    In the paper at the weekend, it said the markets fear a weak government with a slim majority. Such a government wouldn't have a strong mandate to implement the tough decisions needed.

    Worse still, no overall majority, nightmare scenario :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    Worse still, no overall majority, nightmare scenario :eek:

    Not necessarily. Maybe we'll have a more balanced approach to running the country. Decisions will have to be made whatever.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    But the 20% chance of it not being downgraded is good news ;)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Not necessarily. Maybe we'll have a more balanced approach to running the country. Decisions will have to be made whatever.

    No chance.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    StevieJ wrote: »
    No chance.
    Agreed. No decisions be made, a wasted parliamentary term.
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
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K 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