Gbp

[suityou01]

Tell me how this will influence the downward spiral of GBP relative to USD and other currencies.

OK, the markets are on a hair trigger atm regarding PIIGS. The UK has just changed government (and this had far less impact on the markets than the contagion risk of Greece). The UK is largely seen as the next Country to default. The markets respond by ditching their investments that underpin GBP and it then falls.

Not that hard really. The markets are suggesting that we are at great risk of contagion.

[fullyautomatix]

OK, the markets are on a hair trigger atm regarding PIIGS. The UK has just changed government (and this had far less impact on the markets than the contagion risk of Greece). The UK is largely seen as the next Country to default. The markets respond by ditching their investments that underpin GBP and it then falls.

Not that hard really. The markets are suggesting that we are at great risk of contagion.

I do not see how this is all related to your theory of GDP to private debt. I asked you to explain how that theory of yours was influencing the GBP collapse.

[Gonzo]

The UK is largely seen as the next Country to default.

No it isn't.

The UK is not going to default. It will have a very miserable few years but it is not going to default.

[suityou01]

I do not see how this is all related to your theory of GDP to private debt. I asked you to explain how that theory of yours was influencing the GBP collapse.

FFS.

OK. GDP to PRIVATE debt is the true litmus of the amount of tulipe a Country is in, according to many leading economists. That is it. Period. End of. No more.

The markets view the UK as having great risk of contagion from the PIIGS nations. Maybe they use this litmus test to gauge how safe a bet the UK is? I really do not know.

What your asking me is how the centigrade scale for how hot the coffee is relates to how many biscuits to put on the saucer.

Can we switch to another topic, one you can contribute to?

[suityou01]

No it isn't.

The UK is not going to default. It will have a very miserable few years but it is not going to default.

I'll take that bet.

Edit : I love those who think banks/countries are too big to fail. Lehmans, Dubaii, Spain? When will the penny drop.

[sasguru]

SY, oh great Internet Warrior*, with such marvellous financial insights why are you not rich instead of being reduced to being an itinerant bob-a-jobber who can't even cope with the jobs he gets?

*gibbering nervous wreck off the Internet

[fullyautomatix]

FFS.

OK. GDP to PRIVATE debt is the true litmus of the amount of tulipe a Country is in, according to many leading economists. That is it. Period. End of. No more.

The markets view the UK as having great risk of contagion from the PIIGS nations. Maybe they use this litmus test to gauge how safe a bet the UK is? I really do not know.

What your asking me is how the centigrade scale for how hot the coffee is relates to how many biscuits to put on the saucer.

Can we switch to another topic, one you can contribute to?

What on earth are you on about ?

My question is simple, why is GBP collapsing now, at this moment. You came up with a theory of GDP to Private debt. I am asking how they are related. You are failing to answer me.

It could be a contributing factor of currency collapse long term but short term what is going on that investors will ditch GBP ? Are you telling me that the investors suddenly realised yesterday that UK has a huge GDP to private debt ??

[suityou01]

SY, oh great Internet Warrior*, with such marvellous financial insights why are you not rich instead of being reduced to being an itinerant bob-a-jobber who can't even cope with the jobs he gets?

*gibbering nervous wreck off the Internet

I thought you spent the rest of yesterday re-grouping? Still a shambles today aren't we, mighty SAS.

[sasguru]

I thought you spent the rest of yesterday re-grouping? Still a shambles today aren't we, mighty SAS.

Deluded as well as a nervous wreck, I see.
Never mind, keep posting - the whole of CUK gets to see what a total moron you are that way.

[sasguru]

What on earth are you on about ?

My question is simple, why is GBP collapsing now, at this moment. You came up with a theory of GDP to Private debt. I am asking how they are related. You are failing to answer me.

It could be a contributing factor of currency collapse long term but short term what is going on that investors will ditch GBP ? Are you telling me that the investors suddenly realised yesterday that UK has a huge GDP to private debt ??

He's failing to answer you because he's talking bollox.

HTH