BearNecessities

I think over 1% down mom

Does anyone know what paper losses the taxpayer have made from their $37bn investment at present?

Apparantly Sky News were breaking the RBS story - I G Index was having none of it however - can't see Barclays being up so much though

http://newsvote.bbc.co.uk/1/shared/fds/hi/...res/default.stm

tosserz

Difference is the US bailout is buying the bad debts from the financial institutions not bailing out the homeowner. If it was the latter (as some Republicans wanted) massive inflation would follow as it would be money to the economy like drug to a vein

Anecdotally, there are already problems there - certain essentials are in short supply and some of the population are already stockpiling non perishables

What a suprise Numbnutz from Assetz is involved!

I can't answer for the respondant, but perhaps he means that the overall situation is so deflationery that these measures are like pi$$ing in the wind. Lets not forget that even if banks were leveraging properly, every $1 lost would mean $10 not lent. Assuming losses come to $1trillion (on the very conservative side), then $10 trillion* exits the economy. That doesn't even allow for the leverage unwind that will surely happen as the remaining players in the banking industry become and stay for sometime, highly risk-averse. * Credit - not real money

price drops are probably as fast as we are going to see them (remember many are still in denial) An apocolyptic scenario of the western financial system disintegrating is what would be required for a speed up at this stage - possible

All we have seen really is the reversal of the post 2005 froth. the crash proper starts now in my opinion and will be a bit more like the 1990s in that we will see differnet regions hit at different times which probably translates to annual HPC of 10% and the occasional month where the data bucks the trend

I don't think Marr was that easy on Ballsup (by his own psychofantic standards) - but Ballsup makes it easy for interviewers to get rough with him by being such a spas

1) A 2) B 3) 25-30%

Always worth remembering that during Major's ill fated ERM membership, the inflation target was zero

Next 5 minutes

Date? Yes Bail them out? Probably not

Unfortunately, the current government became so dependant on house price inflation from exposing it's rather weak economic policies that it actually started to create policy to keep the boom running as long as possible and we are now at the point where they are inseparable. This will probably continue in the future unless there is some sort of shakedown and we start to balance out the economy by making things again firstly for domestic consumption and then for export. As emerging economies become richer and we become poorer the possibility of this happening grows -painful process however

I've done worse after a HPC pi$$ up

Yes I should have put NR was 'perceived' to be a liquidity problem

B&B HBOS A&L I doubt there will be an appetite for nationalisation with any of the above. As opposed to NR we are essentially dealing with a solvency problem rather than a liquidity problem. All would be guaranteed to cost taxpayer funds

I'd be amazed if he dared to show his face tbh - easy to be brave and gob off on you tube

Hi, I would like to attend also.

6998 - 30/12/1999

It is more about it's perception as a single issue site than anything else Don't get me wrong - I have learnt loads from here and there are now many things that I would have believed previously that I feel have now been disproved. There is also an awful lot that has been said that hasn't and won't come to fruition that is written usually in the form of an exaggeration of a situation.

The items you have listed are true, however there is an awful lot of stuff on here that hasn't come true. Also as a site that deals with a single issue, it would be very difficult for anyone to paint it as being objective. For example if i was arguing with someone and wanted to use data or a post from the site to prove my argument, however valid and true it was my combatant would merely say that as the site is dedicated to the single issue it is bound to say that.