Originally posted by OwlHoot
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British taxpayers to bail out euro
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Originally posted by OwlHoot View PostWith the UK deficit (national debt increase)
To coin a phrase, there has been a conspiracy of silence from all the political parties regarding this. Yes they say get the deficit down, but the fact that it is cumulative gets little coverage at all. Some of the financial commentators do and it gets the odd mention, nowhere near the importance that it deserves nor does the implications.
"We'll cut the deficit by half in four years", I hear cried. FFS! All that means is that in four years thing will be getting worse at half the rate it is today. Even on those idiotic plans the amounts of cuts exceed anything that has been done before by miles. The amount of cuts that are really needed will scare the merde out of everyone.
Anyway,it's not my problem.
Ya gotta larfHow did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Originally posted by HairyArsedBloke View PostOh that is another thing that makes me so
To coin a phrase, there has been a conspiracy of silence from all the political parties regarding this. Yes they say get the deficit down, but the fact that it is cumulative gets little coverage at all. Some of the financial commentators do and it gets the odd mention, nowhere near the importance that it deserves nor does the implications.
"We'll cut the deficit by half in four years", I hear cried. FFS! All that means is that in four years thing will be getting worse at half the rate it is today. Even on those idiotic plans the amounts of cuts exceed anything that has been done before by miles. The amount of cuts that are really needed will scare the merde out of everyone.
Anyway,it's not my problem.
Ya gotta larfComment
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Originally posted by AtW View PostSo GBP is all right then and EUR is doomed?
Nope, both fracked. Just the relative amouts of frackedness will vary over time.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Originally posted by TimberWolf View Post
The sad thing is if Dave Cameron had given us the eu referendum he promised he'd be looking at having 20 more Conservative MP's and none of this would matter.Comment
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Britain rejects Eurozone bailout fund
European Union finance ministers meeting to consider ways to prevent the Greek debt crisis from spreading across Europe have hit a roadblock, with Britain announcing they will refuse to underwrite a bailout fund worth some $60 billion.
EU leaders are worried that financial markets will continue to lack confidence in countries with high deficits.
Officials and diplomats in Brussels hope that a stabilisation mechanism will calm the international markets' fears about default in Europe.
But the loan guarantees are too much for the UK to swallow, and the UK Treasury will have nothing to do with them. Without the UK onboard the package looks pretty thin.Comment
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Originally posted by TimberWolf View PostAnd recent events also begs the question whether Brown and Darling should be making multi £billion negotiations and EU decisions.If you have to add a , it isn't funny. HTH. LOL.Comment
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Market in Asia and electronic trading in the west start in one hour at 10pm London time.
We have a supposed euro 'stabilisation fund' that nobody has a fracking clue what it means and no sign of any sort of government in the UK.
Ya gotta larf.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Originally posted by HairyArsedBloke View PostMarket in Asia and electronic trading in the west start in one hour at 10pm London time.
We have a supposed euro 'stabilisation fund' that nobody has a fracking clue what it means and no sign of any sort of government in the UK.
Ya gotta larf.Comment
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If after all this time and facing the markets the Conservatives could not get any form of agreement with the LibDems the I think that Cameron should say, "Agree before 10pm so we can announce it before the open of the markets, or you can shove it forever".How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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