If only the banks had of lent lots more money at 125% LTV we wouldn't be in this mess - said the retard
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The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.” -
Ha! You can never beat my motto:
Debt is not good. Debt you can't pay off is bad. Increasing a debt you can't pay off is f**king stupid.
Which makes Gordon Brown a complete imbecile. I like that word. It sounds slightly tutonic.Comment
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Imbecile? Sounds totally French to me, not Teutonic.Originally posted by Doggy Styles View Post
Dummkopf is Teutonic.Comment
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But will the plebs vote for him at the next election?Originally posted by Doggy Styles View PostComment
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I'm no expert (believe it or not) - but it looks to me like GB & Co have lost control, a bit like the banks, the leveraged debt ratio of UK PLC is based on un-realistic assumptions.
I thought before that maybe a 35% decline for the UKP would be the limit but I think UK PLC is staring down the barrel of a gun right now. I'm going with 1 quid = 65 euro cents.
Bored.Comment
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I think we've done this before recently, albeit with the usual snide comments about TA. I dont believe in the mystical power of TA either, but this article is on target so far.Originally posted by ace00 View PostI'm no expert (believe it or not) - but it looks to me like GB & Co have lost control, a bit like the banks, the leveraged debt ratio of UK PLC is based on un-realistic assumptions.
I thought before that maybe a 35% decline for the UKP would be the limit but I think UK PLC is staring down the barrel of a gun right now. I'm going with 1 quid = 65 euro cents.Comment
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"British Pound Heading for Parity Against the Euro" - I dont think that has been done : why not start a thread on it?Originally posted by expat View Post
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Shall we have a poll on whether to start a thread?Originally posted by BrilloPad View Post"British Pound Heading for Parity Against the Euro" - I dont think that has been done : why not start a thread on it?
Actually the article talks of parity against the dollar, which is why I posted it in reply to ace00.Comment
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That's right. Parity is here. Parity is the new ParadigmOriginally posted by expat View Post
I'm saying another 35% decline.Bored.Comment
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So then we wont have parity with the Euro!Originally posted by ace00 View PostThat's right. Parity is here. Parity is the new Paradigm
I'm saying another 35% decline.
IGMC
I guess I should leave economics to atw......Comment
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