Originally posted by fullyautomatix
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Originally posted by sasguru View PostWhy don't you answer Automatix question instead of blathering on like a retarded spastic?
HTHKnock first as I might be balancing my chakras.Comment
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Originally posted by sasguru View PostHey SY, I think he's waiting.Knock first as I might be balancing my chakras.Comment
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Originally posted by suityou01 View PostSo am I, for the penny to drop with you cretins, and for you to post a lucid counter argument. I fear I may have to wait quite some time.
Never in the history of CUK has such a tiny intellect generated so much noise.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostWe will leave the congregation to judge.
Never in the history of CUK has such a tiny intellect generated so much noise.Knock first as I might be balancing my chakras.Comment
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Originally posted by suityou01 View PostI'll take that bet.
Originally posted by suityou01 View PostEdit : I love those who think banks/countries are too big to fail. Lehmans, Dubaii, Spain? When will the penny drop.Comment
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Originally posted by sasguru View PostWe will leave the congregation to judge.
Never in the history of CUK has such a tiny intellect generated so much noise.Originally posted by suityou01 View PostReally? ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^Comment
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SY, I am not having a go at you. I started this thread specifically to see if any of the wizards on this forum had a clue why GBP was suddenly collapsing. We know why Euro collapsed. But why GBP now? What is looming? Any bank failure ? etc etc. I have a family to take care of and I believe in taking action if I know what is round the corner.
You mentioned a theory about private debt. I want to know if this was a determining factor. Why ? Because if that is actually a cause, then does that mean billions of private debt is to be repaid within a few days and we do not have money? I just need a cause to currency collapse. If we are headed Argentina way then I will take action to get out of GBP and into USD. Simple as that.Vote Corbyn ! Save this country !Comment
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Originally posted by fullyautomatix View PostSY, I am not having a go at you. I started this thread specifically to see if any of the wizards on this forum had a clue why GBP was suddenly collapsing. We know why Euro collapsed. But why GBP now? What is looming? Any bank failure ? etc etc. I have a family to take care of and I believe in taking action if I know what is round the corner.
You mentioned a theory about private debt. I want to know if this was a determining factor. Why ? Because if that is actually a cause, then does that mean billions of private debt is to be repaid within a few days and we do not have money? I just need a cause to currency collapse. If we are headed Argentina way then I will take action to get out of GBP and into USD. Simple as that.
FWIW I believe that much of the European economy (including parts of the UK) are fooked long term as we pay ourselves too much to do too little. The market is simply exposing this fact and this trend will continue.
From a practical point fo view, hedge all your bets - I have Swiss Franc and USD accounts as well as some gold holdings. My biggest asset in the UK is my house.Hard Brexit now!
#prayfornodealComment
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Originally posted by fullyautomatix View PostSY, I am not having a go at you. I started this thread specifically to see if any of the wizards on this forum had a clue why GBP was suddenly collapsing. We know why Euro collapsed. But why GBP now? What is looming? Any bank failure ? etc etc. I have a family to take care of and I believe in taking action if I know what is round the corner.
It is between a rock and a hard place, what will it do? Are we going to have more recession or inflation instead?Comment
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