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Crisis not over, the big crash still on its way.
Comments
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just to clarify, the government has commenced the austerity measures... things will be sorted in the future... times will be hard, but, then, so will just about every other countries difficulties be passed onto the local population too.
Lets not get over excited about it thou!...
Times were hard in the 1940's getting bombed every night, who would have thought we would all be so technologically advanced as we are now, but here we are, look at the freedoms we have, look at the life styles we lead! Its all good and could be a hell of a lot worse.
Who should I make my 33k cheque out too?
Give it charity, the government would just spend it any ways.0 -
Crisis not over
Phew !!!
I thought I might have missed it :eek:'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
just to clarify, the government has commenced the austerity measures... things will be sorted in the future... times will be hard, but, then, so will just about every other countries difficulties be passed onto the local population too.
Lets not get over excited about it thou!...
Times were hard in the 1940's getting bombed every night, who would have thought we would all be so technologically advanced as we are now, but here we are, look at the freedoms we have, look at the life styles we lead! Its all good and could be a hell of a lot worse.
Who should I make my 33k cheque out too?
Couldn't agree more
Those who are forecasting the end of the world need to look back 70 years. When the chips are really down - and no, I don't mean having your flat screen repo'd, I mean a 500 lb bomb down your chimney - the UK always manages to pull through.Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger0 -
it's different this time though [apparently]...Those who are forecasting the end of the world need to look back 70 years. When the chips are really down - and no, I don't mean having your flat screen repo'd, I mean a 500 lb bomb down your chimney - the UK always manages to pull through.
they're telling us we're going to have rampant inflation and the only asset class that won't be affect is property...
everything else will shoot up in cost and value but property will exclusively crash... no wait have i missed something here...0 -
I don't agree that any big crash will occur in near future, we may see a bit of downward movement but no crashSilverbull wrote: »Next year Great Britain will owe over 1 Trillion pounds.
Thats about thats about £15000 per man woman and child.
Its about £33000 per working person.
Next year each British household will have to pay about £2000 in interest.
But its not just the UK this time its global.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Crisis not over, the big crash still on its way
Sorry.
I forgot to ask.
What is going to crash ??
Stocks ??
Bonds ??
USD ??
EUR ??
Gold ??
........or any combination of the above ??? or all of the above :eek:
Is everything going to crash ??'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
If currency crashes then house prices will boom, its a sea saw
Is everything going to crash ??
Its possible
http://www.dailymail.co.uk/sciencetech/article-1313858/Solar-flare-paralyse-Earth-2013.html#ixzz1871JNj1XThe Sun follows an 11-year cycle of high and low periods of solar activity. It is now leaving a notably quiet phase and scientists expect to see a sharp increase in the number of solar flares as well as unprecedented levels of magnetic energy.
The rings of fire, which have the power of 100 hydrogen bombs, could cause twenty times more economic damage than Hurricane Katrina.
Experts met in Washington DC in June to discuss how to protect Earth from the ferocious flares, which are expected sometime around 2013.
Its about £33000 per working person.
Next year each British household will have to pay about £2000 in interest.
I make that about 6.1% interest. Not exactly the best but I think this might be related to a positive factor which is the 13 year average length of the government debt. Hopefully that gives us enough leeway to get out of things
Swing back to the negative comes when you consider all the debt not included in the 1tn figure. 80% of RBS is owned by government and RBS also has another 1tn in debt. we doomed :shhh: :whistle:
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Silverbull wrote: »Next year Great Britain will owe over 1 Trillion pounds.
Thats about thats about £15000 per man woman and child.
Its about £33000 per working person.
Next year each British household will have to pay about £2000 in interest.
But its not just the UK this time its global.
http://www.youtube.com/watch?v=c6jzbf8EqxY&feature=mfu_in_order&list=UL
Not the one sided balance sheet again?'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 Thatcher0 -
Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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