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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

The United States of Apple: firm has more cash than US government

2

Comments

  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    vivatifosi wrote: »
    Oooh, tough call. Steve Jobs will have to decide whether to buy the Pentagon or Skiathos.

    I would have thought Apple buying New York would have been the obvious one ;)
  • Wookster
    Wookster Posts: 3,795 Forumite
    vivatifosi wrote: »
    Granted. I just quoted the article because it is a bit whacky. It is rather scary that the US has let it go to the knife-edge though. The dollar was sliding on Friday and I was seeing sensible journals saying UK looked a far safer option.

    Sneeze, cold, flu, pneumonia? What's next for the US?

    Its scary times we live in.

    Those tea party folk are certifiably insane. They have no idea what they are tinkering with.

    That all having been said, perhaps it would be a good thing is US treasury was not seen as the safe haven in the medium term as perhaps people would realise that they have to take some risk with their cash and perhaps invest in businesses and enterprise which will have a positive impact on economies.

    Who'd have thought that the UK would be seen as a safe haven?
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Is this a generali warning to stock up!?!

    Cripes!

    Yes it is and I mean it very seriously.

    The biggest chance is that everything will be fine but there is an outside chance that things will go very badly indeed. You should consider stocking up on imported essentials IMVHO. In the UK that includes food.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I'll put long life milk on my shopping list then!
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Graham_Devon wrote: »
    I'll put long life milk on my shopping list then!

    Thankfully I still have stocks of that thanks to Japan!
    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.
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    Generali wrote: »
    Now is the time to go out and have a couple of weeks worth of food IMHO.


    Such as....Apples? :)
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.
  • Rochdale_Pioneers
    Rochdale_Pioneers Posts: 2,469 Forumite
    Part of the Furniture Combo Breaker
    Generali wrote: »
    Now is the time to go out and have a couple of weeks worth of food IMHO. You probably won't need it but if things are going to go wrong, now and September are the most likely times in the near term.

    No credit=no trade=no food.

    OK. Now I'm scared.....
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Generali wrote: »
    Yes it is and I mean it very seriously.

    The biggest chance is that everything will be fine but there is an outside chance that things will go very badly indeed. You should consider stocking up on imported essentials IMVHO. In the UK that includes food.

    What do we import from the US thats essential.
    Official MR B fan club,dont go............................
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ess0two wrote: »
    What do we import from the US thats essential.

    Milling Wheat.
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    Generali wrote:
    The sky is falling in! The sky is falling in! Chicken Licken (attrib).
    ;)

    Everybody had more cash than the US government in December 2009 the last time the US national debt was higher than the debt ceiling.

    The media hysteria is silly.
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
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
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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