lufc

Maybe it's the Conservatives new ploy .... McStalin is going to leave one big heap of sh!t that'll need cleaning up, I certainly wouldn't want to do it.

Wages/jobs and the facility to meet debt obligations must rise otherwise we're in a never ending downward spriral ((I'm pissed)).I think we(UK/USA)'re FOOKED but they'll have one hellava go at printing their way out.

Its a 50/50 spin of a coin ... no one can say for sure which way it'll go. One thing is for sure though ... they will try to print their way out, how it manifests itself in wages though is anyones guess.

Time for a bit of a riot methinks.

He'll nationalise the lot of em I tell ya, a bit of quantitized money lending printing thingmajig mixed in aswell and we'll be well sorted ........................................................................... for the next fifty years.

Don't forget they bought all of ABN Amro's toxic crap (good move Sir Fred), maybe that is all about to turn sour. Anyway, if McStalin doesn't want to own his stake anymore he is going to have to find a buyer ... somehow I don't think so.

This won't end here though will it (it should do but they keep changing the rules) ... as with recent topics on Quantatitive Easing imply Central banks will just buy back their own debt ... where this will end is anyone's guess.

Until maybe sterling has to be supported ... but who knows ... we are entering a global economic twilight zone.

No chance ... Greece & Italy won't want to be bankrolling the likes of UKplc FFS.

Surely if the Fed does opt for quantitative easing then every other bust Central Bank in the world will follow the same route. What would happen to global bond and foreign exchange markets ???? Why bother with domestic and foreign investors when you can just stick it on your balance sheet.

The credit crunch has now rather frustratingly passed from commercial banking straight into sovereign debt. In the case of the UK to sustain pre 2008 lending levels it would have to plough £100 Bn + per year of consumer lending into sovereign debt. I think global bond markets will collapse long before this happens.

I don't know either, I'm just coming to the conclusion that an inflationary outcome to this mess will be by far the more popular option for the debt ridden West. What the oil rich Middle East and productive Far East will have to say is anyone's guess. But then again I will have changed my mind by next week. Maybe a deliberate coordinated attempt at inflating will prove to be impossible.

Got to agree with you here, lets face it co-ordinated printing will soon be the only option available. It won't be pretty but wages must somehow rise.

That is the most worrying thing .... we's really foocked now.

And this is why I remain convinced that some time in the not too distant future UKPLC must default on it's debt.

Its not £37 bn worth of bailout that were talking about here, its the collapse of the securitization market .... that is why the banks won't lend.

£3.39 bn per month annualized = £111,000,000 per day just to pay the interest on UK sovereign debt. Add in future off balance sheet PFIs, Public Sector Pension commitments etc, etc and you can most likely treble that. Try explaining that to your children.

For the time being ... McStalin the saviour of the financial universe will no doubt have that rule top of his list to be rescinded ... *****. Poor wording - ***** (Pr1ck) was directed at McStalin, not you Sinking.

Money supply 18 months ago was just sliced up and distributed amongst securitized debt markets ... no problem. Now it will have to be funded by yet more UK Sovereign debt obligations or the taxpayer. How about that for a thought ... £1.4 TR @ 10% annual increment all at the expense of the Middle and Far East ... I don't think so.

£500 .... pathetic, won't make one iota's difference £5,000 .... that might keep a few households afloat for a few months longer. £50,000 .... now that would make a difference (but whoops, that would cost £1.5 TR)

http://www.moneyweek.com/investments/how-s...onds-13986.aspx

I wouldn't doubt Dan Atkinson's opinions.

Posted this earlier but there was a lack of interest in it , but IMHO of equal importance. http://www.dailymail.co.uk/money/article-1...dumped-bin.html Right, good old Trev down at Lloyds reckons that even before Browns recent taxpayer backed banking bailouts, gilt yields will have to rise 50% hence higher state borrowing costs etc etc. Add to that these off balance sheet public sector pension liabilities, PFIs and whatever else they are keeping hidden up their sleeves and I don't think there can be any doubt .... they will either default, interest rates will go to the moon or income tax will have to rise substantially (there will be riots).

http://business.timesonline.co.uk/tol/busi...icle5063030.ece Words fail me.

http://www.dailymail.co.uk/money/article-1...dumped-bin.html The press don't like to talk about it too much, but this will be the inevitable outcome. Higher taxes and most likely higher interest rates.