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Previously on "FTSE 100 - 2015 Close Predictions ..... And the Winner Is"

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  • The_Equalizer
    replied
    Originally posted by jamesbrown View Post
    Bail-ins more like. Wave goodbye to your CoCo bonds and deposits greater than the statutory protection.
    Does seem like you're stuffed if you've got over £75K in any one bank. I'm not even comfortable with having lesser sums sitting about. You can stick it into NS&I and I think you've got £250K 'covered'. There's also a FCSC clause about cover for £1million for a lifetime event such as buying a house or inheritance. As far as I can tell, once you've popped you hard earned into a bank, it's not your money anymore, you just become an unsecured creditor.

    Leave a comment:


  • jamesbrown
    replied
    Originally posted by ZARDOZ View Post
    More Bank bailouts on the way no doubt. Lessons have not been learned. Wonder who will get ripped off this time and how, taxpayers and savers a given, perhaps they could steal bank deposits?
    Bail-ins more like. Wave goodbye to your CoCo bonds and deposits greater than the statutory protection.

    Leave a comment:


  • ZARDOZ
    replied
    More Bank bailouts on the way no doubt. Lessons have not been learned. Wonder who will get ripped off this time and how, taxpayers and savers a given, perhaps they could steal bank deposits?

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by ZARDOZ View Post
    Tanking again. Maybe 5000 by end of Feb was too high?
    500 by the end of the year.

    Leave a comment:


  • ZARDOZ
    replied
    Tanking again. Maybe 5000 by end of Feb was too high?

    Leave a comment:


  • PurpleGorilla
    replied
    There is only so much flotsam and jetsam the Market Makers can spin. Sustained lowered growth depressive forces on demand and currency wars will bring the markets down.

    'Peak debt' seems to be a new phrase.

    More accurately put as 'peak debt fuelled demand'

    Leave a comment:


  • ZARDOZ
    replied
    Originally posted by ZARDOZ View Post
    Seems like the correction is underway now delayed after a couple of pre Christmas months pretending everthing is OK.

    FTSE 5000 by end of Feb?
    Heading my way

    Leave a comment:


  • PurpleGorilla
    replied
    Originally posted by DimPrawn View Post
    Six years later, and this is still relevant as ever.

    So true!

    Leave a comment:


  • DimPrawn
    replied
    Six years later, and this is still relevant as ever.

    Leave a comment:


  • PurpleGorilla
    replied

    Leave a comment:


  • PurpleGorilla
    replied
    http://www.theguardian.com/business/...p-global-falls

    Leave a comment:


  • SimonMac
    replied
    I have stopped looking, four figure losses day after day is not good for my health!

    Still confident that this is all just cycles, healthy dividend return reinvested (ironically at times like this when markets fall) and I can still retire at 55

    Leave a comment:


  • DimPrawn
    replied
    Well at some stage it will double again, so there's a good opportunity after Gordon Brown steps in and saves the planet again from utter destruction by paying off all the bankers bets with public debt.

    Leave a comment:


  • ZARDOZ
    replied
    Originally posted by DimPrawn View Post
    5000 by end of June.
    It might be the end of Jan at this rate FTSE down 3% so far today. Panic Panic Panic

    Leave a comment:


  • jamesbrown
    replied
    Originally posted by ZARDOZ View Post
    Seems like the correction is underway now delayed after a couple of pre Christmas months pretending everthing is OK.

    FTSE 5000 by end of Feb?
    Probably a little longer, but rallies are being consistently sold now, unlike last year, so there's strong downward pressure, although perhaps more in other indices than the FTSE 100. The FTSE 100 is a dog of an index anyway with a lot of banking/commodities negativity baked in. Valuations in the FTSE 250 look far more stretched if the UK economy takes a turd.

    Leave a comment:

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