

pagaman
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About pagaman
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HPC Poster
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"The national debt is a bit like a mortgage – what really matters is paying the interest rather than the lump sum. As a country, we can do that." In fairness though he is sort of right (begins putting on flame proof suit). The important bits: 1) Pay interest 2) repay capital. You can do 2 later, when the economy recovers. If you can't do 1, then you're bust. (runs away)
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http://news.bbc.co.uk/1/hi/business/7910769.stm "The movement of depositor money to nationalised banks is sucking the life out of the rest of us, and so a race to appease the rating agency gods continues in the vague hope that it will bring depositors back. We are being perversely punished for not being bailed out. "
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Barclays Bank - It Was Only A Matter Of Time
pagaman replied to mad_dan's topic in House prices and the economy
http://www.theregister.co.uk/2008/10/15/le...xcel_confusion/ Woops. -
http://www.thisismoney.co.uk/mortgages/buy...opstories\ Hmm it looks like the predictable is happening.....
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http://news.bbc.co.uk/1/hi/business/7662572.stm I know it's a bit lame, but I've never called a "black" day before....
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Err yes... Ok I'm panicking now. How the fluff did Nationwide end up on that list? I thought after northern rock, there was a shedload of deposits....
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Barclays, Rbs Said To Be In Talks On U.k -
pagaman replied to gfromls's topic in House prices and the economy
Don't worry all we have to do is to cut stamp duty* *me being silly. I think we needed some light relief -
ahhh. Damm I had a really good conspiracy theory going there....
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Err who is Paulson & co? This isn't the same "Paulson" who is organising a $700B bailout is he?
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Removed as I was getting confused...
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I keep on humming "It's the final countdown" by Europe
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During the Labour conference. Gordy stands up and says "Thanks to me the economy is now saved!". Then at the same time, B&B goes tits up. I wonder what the odds are of that happening....
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I like the regulator guy... The program shows that the HBOS sell off wasn't caused by short selling. The regulator acknowledges that. So the regulator has banned something that wasn't causing a problem, to show it's taking action. That's like shouting "WE'RE ALL ******ED AND I DON'T KNOW WHAT TO ******ING DO!" The regulator would be more use if he stood in the corner shoved two pencils up his nosed, put his undies on his head, and started shouting "WIBBLE". Sorry but in pagamans world he's just been fired...