pagaman

"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)

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. "

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.....

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....

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....

Don't worry all we have to do is to cut stamp duty* *me being silly. I think we needed some light relief

http://www.thedailyshow.com/ Keep watching the videos. Bush tries to explain it in one of 'em. "....err it's like a house of cards see...and...err..."

ahhh. Damm I had a really good conspiracy theory going there....

Err who is Paulson & co? This isn't the same "Paulson" who is organising a $700B bailout is he?

Removed as I was getting confused...

http://www.housepricecrash.co.uk/forum/ind...p;#entry1326726 Is it just me or is reality changing around to suit my suggestions? ooooh I'm part of the matrix. Time to get out of the house....

I keep on humming "It's the final countdown" by Europe

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....

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...