Originally posted by BrilloPad
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Reply to: Time to buy (selected) stocks again?
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Previously on "Time to buy (selected) stocks again?"
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Despite my earlier posting - it seems that the Chancellor has a few tricks up his sleeve which could be the trigger for the next boom - fortune favours the brave.
CHANCELLOR Alistair has a secret plan to keep buggering about with the British economy until he finds something that works, it was revealed last night.
The proposed logo for British Unicorns Ltd A confidential Treasury memo, published on a government website, proposes a series of tax rises and tax cuts introduced for two weeks at a time over the next five years.
The memo suggests a 75% 'supertax' for pantomime stars between December 5th and January 31st, suspending VAT on forks, cutting corporation tax for companies run by men named Ian and increasing child benefit for families who roam the land singing songs and performing magic tricks.
It adds: "Failing that we can just whack up VAT, murder the aristocracy and steal their houses."
The memo also reveals Mr Darling's secret plan to breed unicorns and sell them to Chinese millionaires.
The chancellor would invest public money in up to a dozen unicorn farms across the country churning out thousands of magical horses which would then be vacuum packed and shipped to the Far East.
Mr Darling believes that at £250,000 a unicorn the government could have paid back its £120bn of borrowing by the time Star Trek becomes reality.
The Conservatives last night dismissed the plan as the latest 'government con', insisting there was probably no such thing as unicorns and that it would simply be a load of donkeys with a bread stick glued to their foreheads.
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Originally posted by DimPrawn View PostNo, no, no.
Now's the perfect time for assguru to put his permie salary into the stockmarket.
Go for it! It's not a dead cat bounce at all. It's the recovery, and Brown has saved the World.
I have a substantial sum invested in carefully chosen companies in the stock market and am very happy with the investment, thank you.
http://www.economist.com/opinion/dis...ry_id=12724822
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Originally posted by AlfredJPruffock View PostRecord numbers of companies will go bankrupt next year with 200,000 insolvencies in Europe alone and “an explosion” of failed businesses in the US, according to the world’s largest credit insurer.
The US will see 62,000 companies go bust next year, compared with 42,000 this year and 28,000 last year, says a report by Euler Hermes, part of German insurer Allianz.
“The financial crisis will increase the risk of bankruptcy dramatically, particularly next year,” said Romeo Grill, chief economist at Euler Hermes. “There will be an explosion in the US but also big rises in Europe and especially the UK.”
Now's the perfect time for assguru to put his permie salary into the stockmarket.
Go for it! It's not a dead cat bounce at all. It's the recovery, and Brown has saved the World.
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No.
The 30s depressions caught a lot of investors out who went back into the market thinking the worse was over and the bottom of the market was reached.
It wasnt and the market sunk again.
Result - ruin.
Spend your money and enjoy youself.
PS It will take at least 18 months before a genuine recovery is underway.
Record numbers of companies will go bankrupt next year with 200,000 insolvencies in Europe alone and “an explosion” of failed businesses in the US, according to the world’s largest credit insurer.
The US will see 62,000 companies go bust next year, compared with 42,000 this year and 28,000 last year, says a report by Euler Hermes, part of German insurer Allianz.
“The financial crisis will increase the risk of bankruptcy dramatically, particularly next year,” said Romeo Grill, chief economist at Euler Hermes. “There will be an explosion in the US but also big rises in Europe and especially the UK.”Last edited by AlfredJPruffock; 8 December 2008, 13:55.
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Originally posted by sasguru View PostWhat would you know? You claim to have lost 500K in the last year. Whether that's fantasy or reality it's pretty poor either way
BOomEd.
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Time to buy (selected) stocks again?
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