• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

I'd rather have a bowl of coco pops

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    I'd rather have a bowl of coco pops

    Coco bonds: what are they and why have they hit bank shares? - BBC News

    The idea that the public will never again be called on to bail out the banks is not only untrue but a dangerous assertion.

    #2
    Its such a load of tulip.
    http://www.cih.org/news-article/disp...housing_market

    Comment


      #3
      Originally posted by PurpleGorilla View Post
      Its such a load of tulip.
      But no way of resolving without making the pile bigger.

      2008 - issue = too much debt. Solution = add more debt.

      As someone said earlier, we need to get rid of the pound. Lets just start again.....

      Comment


        #4
        Originally posted by BrilloPad View Post
        But no way of resolving without making the pile bigger.

        2008 - issue = too much debt. Solution = add more debt.

        As someone said earlier, we need to get rid of the pound. Lets just start again.....
        Global currency, outlaw religion.

        Let's see what the maniacs hide behind then.
        The greatest trick the devil ever pulled was convincing the world that he didn't exist

        Comment


          #5
          Originally posted by BrilloPad View Post
          Coco bonds: what are they and why have they hit bank shares? - BBC News

          The idea that the public will never again be called on to bail out the banks is not only untrue but a dangerous assertion.
          Should have let the banks go to the wall in the first place. Iceland did and they recovered...hell if we're not going to make a profit on it, what's the point in shoring them up?

          Comment


            #6
            Originally posted by LondonManc View Post
            Global currency, outlaw religion.

            Let's see what the maniacs hide behind then.
            For a global currency what about gold? If not it will require a global government or else you end up like the EURO.

            The only problem with gold is that DP will become the richest person on the planet.....

            Comment


              #7
              Isn't the problem with using precious metals that there isn't enough in the earth to underwrite all the virtual cash out there?

              Not to mention which it would likely kill the consumer economy since no one would be able to buy all the toys keeping the rich northern economies ticking over.

              Comment


                #8
                Which is where cryptocurrencies should be coming in. The problem is that they are completely unregulated and subject to dodgy deals, rather than the poorly regulated dodgy deals that we're used to.
                The greatest trick the devil ever pulled was convincing the world that he didn't exist

                Comment


                  #9
                  Originally posted by seanraaron View Post
                  Not to mention which it would likely kill the consumer economy since no one would be able to buy all the toys keeping the rich northern economies ticking over.
                  They money to buy those toys is being borrowed from the future.

                  One day the future will want it back.

                  Comment


                    #10
                    NIRP is not the answer.

                    QE is not the answer.

                    Derivatives are not the answer.
                    http://www.cih.org/news-article/disp...housing_market

                    Comment

                    Working...
                    X