Wednesday, Jan 21, 2009
Not really news...
Marketwatch: Gordon Brown turns from hero to goat
But nice to see the world waking up to the reality that Gordon is a Moron.
Posted by jackas @ 03:55 PM (1376 views) Add Comment
20 Comments
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1. down wave said...
Yes, I hear that Bob Dillan's famous song Maggy's Farm is to be re-released as:
'I ant gana work on Gordon's farm no more'
2. hubbers said...
Gordon Clown
3. japanese uncle said...
￡is now almost 120 yen. People started to talk seriously about ￡ crossing the 100 yen line in parity with $. 99p a pint ale will be 99yen, Wow I am left speechless. Imported goods (including agricultural products) will no longer be an economically viable choice. Farming will be much more fashonable then.
4. jackas said...
JU,
£ just fell below 120 yen. It was 250 to the pound 18 months ago as you know. Congratulations on your call - I remember you saying a long time ago 120 was a real possibility.
5. techieman said...
JU - "I am left speechless" Maybe soon you will be left legless! The man who watches Dancin on Ice - good innit! Is having his eyelids open slowly but surely.. How f-ing much is me 'oliday to Benidorm?
6. jackas said...
Techie mentions a plus point of this whole debacle - I believe reality TV will be superfluous to a nation struggling to adjust to its own new reality.
Good riddance to it.
7. japanese uncle said...
Controlled demolition of UK economy and GBP. Seemingly panicky IR cutting served as effectively as thermite.
8. titaniccaptain said...
@JU
"Imported goods (including agricultural products) will no longer be an economically viable choice. Farming will be much more fashonable then.".............superb mate...........As I said back last year agricultural land will be the place to preserve wealth.....with importing becoming a luxury our food will have to become homegrown and then we will se the new craze/bubble which will be agricultural land its still going up in value when property is falling like a hot rock
9. japanese uncle said...
tc:
As millions of people will have much more leisure time in 2009 onward, they may wish to spend a lot more time in their back garden, growing veg, saving 200-300 pounds each month, easy. No points of being exploited by Tesco.
10. troy said...
JU re growing veg you are forgetting the overheads
12 months allotment rent £15
11. japanese uncle said...
I should like to repost the following:
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japanese uncle said...
British economy is as it were, an Ebenezer Scrooge who ignored Jacob Marley' preliminary warning from hell, and even took the piss out of the three Ghosts that visited him later, without a grain of remorse. You may not wish to even imagine how hard the day of reckoning should be.
Monday, April 28, 2008 08:47PM Report Comment
I recall when I first visited this country, people were happily enjoying Nescafe. Sadly instant coffee manufacturers will be a good buy in the share market, although I simply would not take instant coffee as a matter of principle (instant coffee contains a lot of preservative).
Japan style 'lost decade' seems increasingly inevitable now, not because banks are scared, but because of their own irrational and unscrupulous behavior in the past decade in trebly rigging the housing market, let alone rubbish media that promoted charlatan chorus. It is the risk averse attitude that the Japanese banks demonstrated during the past decade that has kept the full-scale repercussion of sub-prime turmoil at bay as far as the Japanese economy is concerned. `Lost decade` may not be so bad, as we will be coming back to the days when "a pint would cost no more than a quid".
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12. bluebeach said...
JU, you seem to be one of the leading lights on this site. Tell me what to do, sold property last year, holding in cash but fixed interest accounts with easy access at 6.5% for anothe 6 -7 months. Hoping to buy once it becomes clear and sensible to do so. Should I keep things as they are and wait or should I be moving elsewhere, buy now, wait....?!?!?!? Your comments and advice please....
13. letthemfall said...
Gordon good one moment: Gordon a moron the next. Says more about the electorate than the PM.
14. titaniccaptain said...
Was listening to an american chap on BBC news earlier being interviewed via phone(I think he was quite important and no it wasnt Buddy Holly....hes dead....) anyway this important american chap had a great idea...........LET THE BANKS GO BUST........and also the quantative easing (Not a series from the early 90s staring Scott Bakula jumping back and fore in time within his owl lifetime....) was not a good idea at all............and used japan as a prime example of why not to have QE (Not a program presented by Stephen Fry) because it just doesnt work.......various examples were given of countries that had banks go bust in the past and had made a full recovery......
15. japanese uncle said...
I suggest savings in NS&I along with provincial BSs that offer any better IR. Some deposits may be in JPY, given access to such facility. Maybe 10-20% of assets in gold if you are rich enough. If you move overseas you will find the true/first hand meaning of GBP depreciation. Too late to move aborad. Expats living on income from UK may be experiencing hell, sadly.
16. jackas said...
Titanic - Didn't hear the interview but I suspect that is either Ron Paul, Peter Schiff or Jim Rogers.
Probably Rogers - he's been getting a lot of press from the mainstream these days because people are starting to wake up and listen to him. "The UK has nothing to sell" is today's "shock" headline.
17. titaniccaptain said...
RIM DOGERS THATS THE GUY WELL DONE JACKAS!!!!!
18. Dotlink said...
Hero to goat? donkey more like
19. flintster1994 said...
letthemfall,
Exactly. Then again you have to believe in the validity of all these polls, surveys, statistics etc.
20. The Baldman said...
Gordan help create this mess by encouraging excessive debt and not acting to stop excessive bank lending. He also took credit for the miracle economy. Let splace the blame where it should be and demand his resignation.