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Previously on "New Labour financial whiz kids"

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  • MrMarkyMark
    replied
    Originally posted by LucidDementia View Post
    Hmm. I saw my father lose most of his life's work.
    Indeed, I bet all our parents lost out on the pensions ponzi scheme, amongst other things.

    Leave a comment:


  • LucidDementia
    replied
    Originally posted by fullyautomatix View Post
    Hmm, I think a lot of wealthy people lost a lot of money but losing a billion out of 25 billion is nothing.

    The majority of middle and lower class didnt lose out. What kind of bill did you pick out of that ?
    Hmm. I saw my father lose most of his life's work.

    Leave a comment:


  • BrilloPad
    replied
    Originally posted by DimPrawn View Post
    There was no global meltdown for the global elite/hyper rich.

    How many stories did you read of the hyper wealthy losing their mansions, super yachts, private islands, etc either during or after the "crash"?

    None, because the billions of debt slaves picked up the bill for their rest of their lives....
    The only way the rich suffer is via a depression.

    And helicopter money will ensure that is a long way off.

    Leave a comment:


  • Zero Liability
    replied
    Originally posted by fullyautomatix View Post
    Hmm, I think a lot of wealthy people lost a lot of money but losing a billion out of 25 billion is nothing.

    The majority of middle and lower class didnt lose out. What kind of bill did you pick out of that ?
    It's more to do with the bailouts than anything else; had they not transpired, the those with significant paper wealth could have endured severe losses. Apparently, though, profit and loss isn't acceptable, so the latter has been socialised.

    Leave a comment:


  • fullyautomatix
    replied
    Originally posted by DimPrawn View Post
    There was no global meltdown for the global elite/hyper rich.

    How many stories did you read of the hyper wealthy losing their mansions, super yachts, private islands, etc either during or after the "crash"?

    None, because the billions of debt slaves picked up the bill for their rest of their lives....

    Hmm, I think a lot of wealthy people lost a lot of money but losing a billion out of 25 billion is nothing.

    The majority of middle and lower class didnt lose out. What kind of bill did you pick out of that ?

    Leave a comment:


  • PurpleGorilla
    replied
    Originally posted by DimPrawn View Post
    billions of debt slaves picked up the bill for their rest of their lives....
    And people lap it up yum yum yum.

    Leave a comment:


  • DimPrawn
    replied
    There was no global meltdown for the global elite/hyper rich.

    How many stories did you read of the hyper wealthy losing their mansions, super yachts, private islands, etc either during or after the "crash"?

    None, because the billions of debt slaves picked up the bill for their rest of their lives....

    Leave a comment:


  • DaveB
    replied
    KUATB

    Originally posted by fullyautomatix View Post
    Alistair Darling joins Morgan Stanley - BBC News

    Okay so this is how you and me can jump on the investment bank gravy train. Just make sure that the entire country goes into meltdown due to economic and financial incompetence.

    Leave a comment:


  • MrMarkyMark
    replied
    FTFY

    Mr Darling, 62, played a key role in creating the global economic crisis, through his total ineptitude.

    Leave a comment:


  • fullyautomatix
    replied
    Originally posted by barrydidit View Post
    He did more than address it. He invited it in, took it's coat, gave it a chair by the fire and poured it a nice glass of single malt.

    They both saved the world by addressing it. We are still paying for it

    Leave a comment:


  • barrydidit
    replied
    He did more than address it. He invited it in, took it's coat, gave it a chair by the fire and poured it a nice glass of single malt.

    Leave a comment:


  • FatLazyContractor
    replied
    Mr Darling, 62, played a key role in addressing the global economic crisis.

    Leave a comment:


  • fullyautomatix
    started a topic New Labour financial whiz kids

    New Labour financial whiz kids

    Gordon Brown joins asset manager Pimco as adviser - BBC News


    Alistair Darling joins Morgan Stanley - BBC News

    Okay so this is how you and me can jump on the investment bank gravy train. Just make sure that the entire country goes into meltdown due to economic and financial incompetence.

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