Reply to: So countries default etc...

[Jog On]

China will buy Europe for forty quid and we'll all have to learn Mandarin.

Greece defaults > Panic ensues > The cost of borrowing for other countries who were just about keeping above water soars > They default too (In the meantime, banks are going under) > It's 2009 all over again except this time Europe's at the centre of it instead of the US.

Warren Buffet

[BlasterBates]

10 Reasons Why You Should Worry About The EuroZone Debt Crisis - HereIsTheCity.com

[lukemg]

I am heavily invested in the financial markets so yes it does affect me a lot.........or does it ? Since I am not planning to cash out at this stage, what I really need is a sustained buying opportunity for the next 10 years followed by a strong bull run to max out my gains before I cash in. So.....bring it on !!!
P.S. not really as I need continued employment to provide the necessary funds to invest, damn, looks like i'm screwed either way.

[Churchill]

I believe, if you look closely enough, much of this sentiment can be found in the small print of the Lib Dem Manifesto.
Worded slightly differently of course.

How very dare you! I'm Tory through and through! God bless you Maggie!

[shaunbhoy]

Oh and **** the Africans, they don't like each other, what chance have we got now that they've got guns?

I believe, if you look closely enough, much of this sentiment can be found in the small print of the Lib Dem Manifesto.
Worded slightly differently of course.

[Mich the Tester]

Until the Nigerians steal all the customer data.

Oh, you mean that nice Mr Mbogo who's looking for a spot of help with his inheritance? Lovely chap but punctual payment isn't his strong point.

[Churchill]

Tanzanians are doing quite a good job on English language call centres, as are other Africans on French and Portuguese language call centres. One big advantage is that they're easier to understand than Bobs, and generally somewhat more inclined to actually helping customers. Trouble is telecoms infrastructure, but that's being solved very quickly with big investments in mobile networks. OK, it won't make turd world countries rich on its own, but there's a lot of potential there and a lot of money being made already.

Until the Nigerians steal all the customer data.

[Mich the Tester]

Oh and **** the Africans, they don't like each other, what chance have we got now that they've got guns?

Tanzanians are doing quite a good job on English language call centres, as are other Africans on French and Portuguese language call centres. One big advantage is that they're easier to understand than Bobs, and generally somewhat more inclined to actually helping customers. Trouble is telecoms infrastructure, but that's being solved very quickly with big investments in mobile networks. OK, it won't make turd world countries rich on its own, but there's a lot of potential there and a lot of money being made already.

[Churchill]

No don't **** Africa; there's money to be made there. Unfortunately the Chinese are taking over most of it already.

Absolutely, the Chinese are spuds deep, right up the arse of various tin-pot dictatorships that the rest of the world won't deal with.

Trying to solve the current financial problem by throwing money at a moving target with the ratings agencies thinking they're more important than they really are and speculators raping the piggy bank at every opportunity isn't helping, it's exacerbating the problem.

Ignore the rating agencies, write off the Eurodebt. Wind the clock back and start again. Nature does it all the time in reaction to catastrophes.

Oh and **** the Africans, they don't like each other, what chance have we got now that they've got guns?

[Mich the Tester]

I've a suggestion, **** Africa and write off the Eurodebt.

Let's just start all over again.

It's only a number.

No don't **** Africa; there's money to be made there. Unfortunately the Chinese are taking over most of it already.

[Churchill]

I've a suggestion, **** Africa and write off the Eurodebt.

Let's just start all over again.

It's only a number.

[Mich the Tester]

Basically more of what has happened in the past 4 years

Oh no! I'm so ******* bored of all this financial news! It's been going on and on and on and on for years now!

[centurian]

Yeah but how does it affect me?

Any number of the following

* Taxes need to go up to bail out the banks again - you pay
* Services need to be cut to bail out the banks again - you might be inconvenienced
* A number of your potential clients go bust in the financial firestorm. Your rates/amount of work goes down - your gross bottom line suffers
* Your pension/investment funds have their growth forecasts slashed
* Your house continues to drop in value, or fails to keep pace with inflation
* Your savings are eroded by high inflation

Basically more of what has happened in the past 4 years

[TimberWolf]

China will buy Europe for forty quid and we'll all have to learn Mandarin.

Northumbrian Water 'accepts' £2.4bn bid from Li Ka-shing's Cheung Kong Infrastructure Holdings - Telegraph

[shaunbhoy]

DimPrawn, pictured earlier this evening

Has he lost weight?