Friday, Oct 19, 2007
This country's finances are being run by extras from the Muppet show!
Telegraph: Rock calls on extra £3bn crisis funding
Darling shot his bullets too early - should have saved the "money" for Barclays.
That's right people, I call that Barclays is at danger of default. Expect a (shotgun) "merger" announcement imminently.
Posted by lvmreader @ 09:19 AM (279 views) Add Comment
4 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Mr_sensible said...
lvmreader, that's interesting about Barclays, I seem to remember they took and emergency loan from the BoE a little while before the NR crisis (was it £1.6billion? -- something like that) they called it an 'accounting oversight' or something!
Do you have any hard facts to back this statement up? If so, how about sharing them?
2. Orwell said...
"The weekly increase of £3bn is up from £2.3bn and £2.9bn in the prior two weeks, indicating that Northern Rock's funding problems remain acute."
Oh dear, oh dear... Crash held to ransom....
The financial 'services' industry sounds rather like a spoilt child at the moment, I want I want I demand £30billion or I will wet my knickers...
3. lvmreader said...
Any "hard" facts would be called insider trading, so all my facts are semi-turgid.
4. James said...
No lvmreader, any facts would indicate you had a clue, rather than being a chancer. As we're establishing on the thread below, you don't.
http://www.housepricecrash.co.uk/newsblog/2007/10/blog-a-surprise-to-who-the-criminally-insane-7515.php
Let me declare my interest here - I think there will be an unwind of the bubble, I hope there will be a crash. But excitable nonsense and poo-flinging like lvmreader's posts only serves to obscure real analysis and discredits the whole case.