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About lypsey

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    HPC Poster
  1. Just a matter of time!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! http://www.bloomberg.com/apps/news?pid=20601087&sid=aAfltXhthX.4&pos=3 Sovereign Credit-Default Swaps Surge on Hungarian Debt Crisis By Kate Haywood June 4 (Bloomberg) -- Credit-default swaps on sovereign bonds surged to a record on speculation Europe’s debt crisis is worsening after Hungary said it’s in a “very grave situation” because a previous government lied about the economy. The cost of insuring against losses on Hungarian sovereign debt jumped 107.5 basis points to a record 41
  2. Sorry to be thick here Can someone please explain In two years time we will have 1.4 trillion debt?? Is this Governement Debt?? Is it deficit, if not how much is the deficit and what is the deficit Is it borrowing?? Sorry
  3. This story is a waste of time The CEO of Swale in Kent earns 130k basic plus 14k Ni plus 39k pension giving a total of 183k Anyone here can request this through Freedom of Information, it takes 3 to 5 days to get the info
  4. Flat Bear , if you were a member as you claim you would know that UKIP have policies on almost everything now from grammer schools to hospitals to defence to energy etc etc I think that you will find that UKIP pick up many many votes as a lot of people are completely dissatisfied about all the parties. If you want a party that stops unlimited immigration , stops giving 45 million quid a DAY to the EU , wants OUR parliment to make OUR decisions on law/policy/regulation etc then you will find they do the job for you . i DO NOT want an UNELECTED politician in Brussels telling ME what to do If a
  5. I have voted Tory for the last 25 years If Cameron doesnt keep his promise I will never vote for them ever again I will vote UKIP as it appears thousands of other people will
  6. Interesting article, in my mind they will have to raise IR's to defend the pound at some stage , although at the moment the Government seem happy for it to fall we must import inflation and then the whole viscious cycle will begin http://www.thisismoney.co.uk/news/article.html?in_article_id=491926&in_page_id=2&ct=5&expand=true#StartComments PS No 28 in the comments is me by the way, but look at all the positive UKIP voters on here, the Government is getting a kick from everywhere
  7. http://news.bbc.co.uk/1/hi/business/8213504.stm It says " Massive fraud at building society The frauds have left a huge dent in the society's finances The Chelsea building society has revealed it has lost £41m as a result of mortgage frauds by some of its buy-to-let borrowers. The frauds are the main reason for the society staying in the red, with overall losses of £26m in the first half of the year. Last year, the Chelsea lost £39m, the largest annual loss yet recorded by any building society. Its finance director has now joined its chief executive in agreeing to resign. "The
  8. where can I view this graph please , is the Boe or CML or......................
  9. Can anyone help please The CML no longer has a free service and you have to be a member to get access to info Does any one here now where I can get the numbers of FTB'er and also BTL'er over the last 20 years in the mortgage market I am having an arguement with someone that compared to a few years ago FTB'er are now like Dodo's but need something concrete to show him
  10. [The way the article is worded I am not sure I agree with you They say that defaults are costing the company 92% more, not that the cost of recovering is 92% more Sorry maybe I am reading incorrectly
  11. What would be interesting but I don't know how to find out is what the cost of the 92% rise is??
  12. http://www.telegraph.co.uk/comment/telegra...he-thought.html It says "There was a quiet shift in the news this week: we were confronted with not one but several indicators of economic recovery. It felt strange, but good, to hear predictions that pointed away from apocalyptic crisis. To recap. The banks reported unexpectedly solid half-yearly profits: Barclays Capital's doubled to more than £1 billion. Even Stephen Hester, the chief executive of the Royal Bank of Scotland, said he was confident that RBS shares, currently valued at 49p, were on their way to 70p, at which point he will collec
  13. I am having an arguement with a guy that says the "super rich" own large swathes of the UK housing (not corporate) stock, he gives this village (I think in Rutland) that is completely owned by one owner as an example I don't know but I have said that I think/guess most of our housing is owned by people like you and me - possible 80 -90%?? Some is owned by councils , maybe 3 % by the super rich (maybe London expensive homes) and then some with BTL portfolios Does anyone here know for sure or a fairly accurate guess Thanks in advance
  14. I just wonder how the banks are treating the loss's on their balance sheets, would they be assuming they are totally insured for Lehmans and not showing this as a loss?? Could set of another round of failures???
  15. I couldn't see this posted before so apolgies if it was I noticed this article in the FT and thought it warrented some further discussion http://www.ft.com/cms/s/0/49152b62-7a46-11...?nclick_check=1 It says "It expects that 7 per cent of the $2,467bn of consumer debt in Europe will be lost, with much of that falling in the UK, the continent's biggest nation of credit card borrowers" some more reading for you http://www.ft.com/cms/s/0/910e5a20-7a45-11...144feabdc0.html It says "The real unknown, however, is to what extent a recession already on a par with the 1930s will be turned into som
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