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eric pebble

Bankruptcies Reach A Record With Worse On The Way

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Bankruptcies reach a record with worse on the way

More people in the UK are being bankrupted than ever before, latest official statistics reveal. And the worst may be yet to come.

With the personal toll of the recession mounting there was more bad news for workers and owner managers as official figures also showed a 35% increase in companies going bust as the lending banks get tough.

Read all here:

http://www.thisislondon.co.uk/standard-bus...+way/article.do

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And a very astute reply.....

Quote: “We're seeing lenders are acting with more certainty as they appear to be taking more decisive action on individual cases.

This means; they are not lending any money; but saving the money for Bonuses earned on money saved, by not lending any money at all.

Quote: “The increasing proportion of self-employed individuals going bankrupt is a trend that is likely to continue over the next two years.

This means that everyone else working will go skint; except the bankers. Who are earning their bonuses paid for by taxpayers; that will soon not be taxpayers at all?

Quote: They are beginning to crystallise their losses quicker, and move on from them in a bid to begin to balance their books.

This means they are throwing people down the drains to crystallise them into waste, in order to say we earned our bonuses by getting rid of the unemployed permanently.

Who said Nationalised Industries are lame ducks?

- Mickinlondon, london.

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And a very astute reply.....

Quote: “We're seeing lenders are acting with more certainty as they appear to be taking more decisive action on individual cases.

This means; they are not lending any money; but saving the money for Bonuses earned on money saved, by not lending any money at all.

Quote: “The increasing proportion of self-employed individuals going bankrupt is a trend that is likely to continue over the next two years.

This means that everyone else working will go skint; except the bankers. Who are earning their bonuses paid for by taxpayers; that will soon not be taxpayers at all?

Quote: They are beginning to crystallise their losses quicker, and move on from them in a bid to begin to balance their books.

This means they are throwing people down the drains to crystallise them into waste, in order to say we earned our bonuses by getting rid of the unemployed permanently.

Who said Nationalised Industries are lame ducks?

- Mickinlondon, london.

So...the banksters get paid bigtime even if they decline to be moneylenders....funny old world hey

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So...the banksters get paid bigtime even if they decline to be moneylenders....funny old world hey

And if they do lend money, it's on such predatory, unfair terms they can't lose in any way at all. So, for the Banksters, it's win win,, win win, win win.

Welcome to the UK.

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So...the banksters get paid bigtime even if they decline to be moneylenders....funny old world hey

this is wrong.

domestic banks are losing money, its their investment arms that are earning...probably by putting their QE liquidity into stocks...another bubble to burst.

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