Reply to: UK bonds "best in the world"

[AtW]

Just bought some premium UK bonds - they'd better be as good as sadguru claims!!!

[BrilloPad]

Gilts are doing well because Britain is not in the euro zone

No. Gilts are doing well thanks to QE.

[sasguru]

You care evidently since you've asked the question in the first place

It was a rhetorical question you complete numpty.

[AtW]

Who cares what you would do?

You care evidently since you've asked the question in the first place

[sasguru]

No, but I would not put them into gilts either.

Who cares what you would do? You're a Russian who lives in a bedsit in Brum FFS , and who posts crap on a forum

[AtW]

Assume you had a hew hundred thousand pounds - would you put it in Italin bonds over 10 years?

No, but I would not put them into gilts either.

[sasguru]

So you are denying that massive BoE purchases of gilts were explicitly designed to provide extra demand and keep gilt interest rates low to create impression that there are no problems in UK?

Well, there are - gilts might be 2% interest compared to 5-7% Italy, but everybody in UK pays for it with higher inflation of at least 5-6% (real probably much higher), where as eurozone enjoys much lower inflation: 3%.

Since you are an economic failure, you have no money to invest.
Read the article, its about what investors (you know succesful people with money) are doing, not the BofE.
Assume you had a hew hundred thousand pounds - would you put it in Italin bonds over 10 years?
The answer is yes, some people are, but want a big return for the risk.

PS Rather than posting crap on here you should be asking this question

[AtW]

You're an economics simpleton. HTH

So you are denying that massive BoE purchases of gilts were explicitly designed to provide extra demand and keep gilt interest rates low to create impression that there are no problems in UK?

Well, there are - gilts might be 2% interest compared to 5-7% Italy, but everybody in UK pays for it with higher inflation of at least 5-6% (real probably much higher), where as eurozone enjoys much lower inflation: 3%.

[sasguru]

UK Gilts having low interest rate and high demand in BoE prints lots of money to buy them shocker of a story.

You're an economics simpleton. HTH

[AtW]

UK Gilts having low interest rate and high demand in BoE prints lots of money to buy them shocker of a story.

[Doggy Styles]

Them damn European funds are dragging down my ISAs.

[sasguru]

[QUOTE=Paddy;1452350]

I find these total GDP comparisons meaningless. Whats the population of Brazil?
If you have to share the equivalent of £2 trillion between a population of 300 million or 60 million is the real question.
GDP per person is a better indicator.[/QUOTE

Not really, what GDP does Mrs Fat Chav on benefits with her six kids by eight different men shopping at ASDA have?

Whoosh! It's like a wind tunnel in here

[Paddy]

[QUOTE=sasguru;1452338]I find these total GDP comparisons meaningless. Whats the population of Brazil?
If you have to share the equivalent of £2 trillion between a population of 300 million or 60 million is the real question.
GDP per person is a better indicator.[/QUOTE

Not really, what GDP does Mrs Fat Chav on benefits with her six kids by eight different men shopping at ASDA have?

[sasguru]

and thank fook we're not some third World third rate country like Brazil

Brazilian economy overtakes UK's, says CEBR

Hang on, shome mishtake surely!

I find these total GDP comparisons meaningless. Whats the population of Brazil?
If you have to share the equivalent of £2 trillion between a population of 300 million or 60 million is the real question.
GDP per person is a better indicator.

[OwlHoot]

and thank fook we're not some third World third rate country like Brazil

Brazilian economy overtakes UK's, says CEBR

Hang on, shome mishtake surely!