Roman Roady

I'm waiting for the declaration of a state of emergency over there...possibly here and else where, for our own good ofcourse. Global problems need.........

Me too! However this was the period where the British Empire handed over the the US. This was accomplished in many ways but the main one was our gold reserves exchanged for bullets. The US gave us nothing, but rather sold the arms we needed. The great depression (as we are now being compared to, not the 90's any more) was solved by the CTRL/ALT/DELETE moment called WW2. Out of all the pre war powers, only 2 new ones were left standing after it. We are seeing the same thing again with the power now moving from US to China. As such I suspect Gold will once again become THE only real store of wealth.

since you put it like that...NO!

If this bail out or what ever we are calling it fails then I think we will go back to a command economy as we had post war. Ration books and general austerity with a very invasive and controlling government...just up the PMs street really.

Each politician is the same as the next. We all know politicians at work etc. They get where they are by saying the right thing to the right person, at the right time, in the right place...never by saying what they actually think. That sort has been virtually chased out of public life altogether. I'm with Billy Connelly when it comes to their like: '...if you wouldnt have a drink with them dont vote for them because it only encourages them. The ambition to become a politician should exclude you for life from ever becoming one, the desire for power is dangerous.'

Property prices in Tokyo fell to 20% of their peak a few years ago, soz for lack of link. This was despite ridiculously low IRs for years, which is continuing to this day. If that can happen in the worlds second largest economy, what do you think will happen here? The Japs virtually ran out of space to maneuver on IRs. You cant go below 0%, the central bank would end up paying you to get into debt and we cant have people profiting from reckless borrowing...oh wait a minute!

If it stops him releasing the next installment of his memoirs (which he refers to as his 'pension') he will. Like the rest of NuLab, a true cynic who know the price of everything and the value of nothing.

Been posted on here before...but its apt. Broken lines, broken strings Broken threads, broken springs Broken idols, broken heads People sleepin' in broken beds Ain't no use jivin' Ain't no use jokin' Everything is broken. Broken bottles, broken plates Broken switches, broken gates Broken dishes, broken parts Streets are filled with broken hearts Broken words never meant to be spoken Everything is broken. Seem like everytime you stop an' turn around Someone else just hit the ground. Broken cutters, broken saws Broken buckles, broken laws Broken bodies, broken bones Broken voices on broken phones Take a deep breath, feel like you're chokin' Everything is broken. Everytime you leave and go off someplace Things fall to pieces in my face. Broken hands on broken plows Broken treaties, broken vows Broken pipes, broken tools People bendin' broken rules Hounddog howlin', bull frog croakin' Evrything is broken.

Don't forget: 'its right to do this or that' 'the right thing to do' etc

I remember Thatcher and Reagan getting into Office, I was a school kid at the time. In the following years I saw the old socialist ways undone and greed take over. I remember reading about the 'big bang' in the city. When I returned to my native SE London over the subsequent years I saw friends and family make, loose and regain fortunes...all on debt. Alternative comedy...'ooo little bit of politics ladies and gentlemen' and I laughed but voted Tory. I remember my now dead father telling me about the selling of the family silver, Gritish Gas etc..'tell Sid when you see him'... Halifax shares, carpet bagging and all of that. Now we all have to freeze this winter and The Halifax has gone the way of all the mutuals. We were blinded by our greed and conned by the Spivs who took over our government in 1979. This is the end of the last 30 years, the end of the Thatcherite experiment. The question is Who or what is going to replace it? NWO?

What is Brown up to? He and Mandy absolutely DETEST each other. What has Mandy done over the past few years since he was forced out of Blair's govt for the second time? Nothing! He must be trying to divide and conquer the Blairites. Is Beckett back as well?

LOL I'm flattered! I wish...wouldn't be part of the casualties to come if that was true.

What about the meeting with Bush?

Bump for the best thread on the site IMHO Check out the posts by Serpico on the following pages (starting on page 2 I think) about his rise and fall a few years ago. Sorry for the longer term members who have seen it before. Happy reading.

Our lives are not going to be the same again...ever IMO The whole 'system' is in danger of collapse and I think we will be lucky to emerge with democratic Capitalism in tact once this thing has run its course. This is the end of the American Century and the beginning of the Chinese one. I am also concerned at recent events. Why did brown go to the States straight after his successful showing at his party conference and the subsequent polls? He could/should have consolidated his position here. After his return we have the emergence of the increased protection for savers, all over. I think he had a message from the US for the EU. The Irish have been the ones to have broken first in this 'prisoners dilemma'. Knowing a united front would hit them hard they have opted to save themselves...by appearing to be generous! I think that we are going to see the failure of a large deposit bank. I think that the decision has been made to protect the masses, thus avoiding riots even revolutions etc. The use of bailouts isnt working so why waste money bailing out the banks when they are going to fail anyway?? Better to save it to reimburse the masses and keep some order...and preserve the politicians skins!!! The next few weeks are going to be pondered over for generations. History in the making.

Where have all of the Bulls gone by the way?

What is relevant is what someone is prepared/able to pay. That has changed radically in the past 6 months.

The politicians are tinkering with the markets...they will get burnt!

Methodius, just about the most apocalyptic post I read here and that is saying something. I hope you are wrong! A few months back you would have been laughed off of here and subjected to a tirade rants from the once resident bulls. But now...????

Dont forget that the rises and fall dont match in percentage terms. If my 100k house increases by 50% its worth 150k. However a fall of 33% wipes this out. A rise of 100% is wiped out by a fall of 50%...after this it starts to get very scary...for the house owner.

In the words of Mrs T; 'One cannot buck the market'...obviously Gordon wasn't listening when she said that in the hous in the late 80's. I will be opening accounts in these two, why not they have the best protection now. What will happen to all of the other banks if this crisis gets worse?

There have been concerns for a while about buy to bl00dy let. Try the last 10 years whilst this shower of sh1te of a government basked in the glory of their 'miracle economy'. I am just so angry about all of this. Apparently the Rock and B&B combined will up our national debt by 25%. The amount we are spending is larger as a proportion of GDP than the 700Bn the Yanks wanted to spend. What could be bought for the greater good with all of this money? Free visits to an NHS dentist for life perhaps, a years holiday from NI contributions? Free heating for the elderly this winter? No, lets bail out the very people who have caused this credit bubble and all of its anti social effects. Good God, we cant condem them to rub shoulder with the great un-washed can we, that would be almost in-humane! Where is that money going to come from...ermmm let me guess... And all the t0ssers can say repeatedly is that they think it is the 'right thing to do' (anyone else noticed that?)...they've obviously been practicing for a while in unison in their cabinet meetings. Scandalous, disgraceful and despicable.

You mean the same shiny stuff that was confiscated in the US in 1933...because the government for the people and of the people didnt like the fact that the people didnt trust government IOUs any more?

Arent the notes in our wallets IOU's tho?

Sounds like hes been sh@gging us all for a fair while... from the size of his bonuses. If he's that rich why is he so bothered?