One more down (10 indebted banks sitting on a wall saga)

**BrilloPad** · 21 January 2009, 11:13

While nationalizing the banks why not a few other industrys too?

Better still : lets all work for the government!

**expat** · 21 January 2009, 11:32

Originally posted by BrilloPad View Post

While nationalizing the banks why not a few other industries too?

Pensions? Don't laugh.

**DimPrawn** · 21 January 2009, 11:49

Truly truly fooked

**Solidec** · 21 January 2009, 11:55

http://www.telegraph.co.uk/finance/p...d-of-2009.html

**BlasterBates** · 21 January 2009, 12:02

With a bit of luck it won't be too much worse than Iceland.

**ace00** · 21 January 2009, 12:03

Originally posted by DimPrawn View Post

Truly truly fooked

TBH I had never figured that (government unable to nationalise banks due to debt liability), read similar on Reuters earlier today. Yet today's reason for selling bank shares is supposed to be the impending nationalisation of the banks!

So where do we go from here?

**Mich the Tester** · 21 January 2009, 12:05

Originally posted by BlasterBates View Post

With a bit of luck it won't be too much worse than Iceland.

Iceland is sitting on a big volcano that provides them free electricity, free heating and warm baths. It will be worse than Iceland.

**BrilloPad** · 21 January 2009, 12:25

Originally posted by Mich the Tester View Post

Iceland is sitting on a big volcano that provides them free electricity, free heating and warm baths. It will be worse than Iceland.

Also they have plenty of fish to eat.

**Mich the Tester** · 21 January 2009, 12:29

Originally posted by BrilloPad View Post

Also they have plenty of fish to eat.

And a good education system including this place; linky which could make them quite a lot of money if Vlad Putin, Hugo Chav and that wahabi lot in Saudi Arabia keep playing their little games with the world's energy supplies.

One more down (10 indebted banks sitting on a wall saga)