What Did Brown Mean By "your Livelihoods & S A V I N G S Are

[loginandtonic]

what was that about?

and why does fail to mention the reason Tories opposed a lot of his plans + still do is simply because the UK doesn't have the money?

how can people sit there and clap someone who is basically saying we'll all be in debt for decades, but trust me it's better than taking the medicine in a short, sharp shock now? i would rather have my tooth out quickly than push it and prod it until it dangles by a thread.

* with thanks to Gman for the edit

Edited September 15, 2009 by loginandtonic

[uptherebels]

opposed a lot of his plans + still do is simply because the UK doesn't have the money?

how can people sit there and clap

Because now, the people know we have a printer.

[dr ray]

your Livelihoods & S A V I N G S Are, hanging in the balance

He means we will be losing both if he or his party gets re-elected

Notice he didn't say our livelihoods and savings. He must have bought gold when the price was low.

[Gman]

I was just watching the TUC speech too, he said that our savings are STILL hanging in the balance.

There is something big coming our way.

[loginandtonic]

He means we will be losing both if he or his party gets re-elected

Notice he didn't say our livelihoods and savings. He must have bought gold when the price was low.

he really scares me, i think he really is way out of his depth, and theres no one of substance to wade in and stop him it seems, its a dumbed down Westminster when he's the creme

[Georgia O'Keeffe]

I was just watching the TUC speech too, he said that our savings are STILL hanging in the balance.

There is something big coming our way.

its alright you wont notice them gone, youve already just lost 1 percent of them today if they are sterling denominated

[Joey Buttafueco Jr]

its alright you wont notice them gone, youve already just lost 1 percent of them today if they are sterling denominated

Do you live abroad?

[LuckyOne]

Our savings are hanging in the balance.

They will either be lost through huge increases in wealth and income taxes required to feed the national debt if we fall into a deflationary death spiral or they will be crushed into oblivion if QE works and we enter into a phase of high inflation.

The only real drama is the means by which we will lose them. It is a given that we will lose them.

[dr ray]

Our savings are hanging in the balance.

They will either be lost through huge increases in wealth and income taxes required to feed the national debt if we fall into a deflationary death spiral or they will be crushed into oblivion if QE works and we enter into a phase of high inflation.

The only real drama is the means by which we will lose them. It is a given that we will lose them.

Its got to be paid back somehow. Either it gets paid back through the country earning or from confiscating peoples savings.

The UK is going in the wrong direction as a wealth creating country so the alternative looks the more likely.

[lowrentyieldmakessense(honest!)]

Our savings are hanging in the balance.

They will either be lost through huge increases in wealth and income taxes required to feed the national debt if we fall into a deflationary death spiral or they will be crushed into oblivion if QE works and we enter into a phase of high inflation.

The only real drama is the means by which we will lose them. It is a given that we will lose them.

what - youre not protected from the mad man

[Si1]

I was just watching the TUC speech too, he said that our savings are STILL hanging in the balance.

There is something big coming our way.

I reckon he is just saying, like incumbent leaders always do, don't risk changing the guard at a time like this

[interestrateripoff]

Savings are hanging by a thread?

RBS and Lloyds HBoS about to implode?

[Kazuya]

F*CK PONZI STERLING! :angry:

[grumpy-old-man-returns]

Savings are hanging by a thread?

RBS and Lloyds HBoS about to implode?

1-2 weeks ago there was a rumour about a big European bank going down, this hasn't happened......yet. remember most european banks have a sliced up & lent to infinity share, UK banks WILL be affected without a doubt. My money is on Santander, now who is it they own again....

[lowrentyieldmakessense(honest!)]

Its got to be paid back somehow. Either it gets paid back through the country earning or from confiscating peoples savings.

The UK is going in the wrong direction as a wealth creating country so the alternative looks the more likely.

yep

cant be long now for capital flight

[RufflesTheGuineaPig]

I reckon he is just saying, like incumbent leaders always do, don't risk changing the guard at a time like this

You don't change horse in the middle of a race.

[BalancedBear]

Our savings are hanging in the balance.

They will either be lost through huge increases in wealth and income taxes required to feed the national debt if we fall into a deflationary death spiral or they will be crushed into oblivion if QE works and we enter into a phase of high inflation.

The only real drama is the means by which we will lose them. It is a given that we will lose them.

There will be no deflationary death spiral, and even if there were, money would still have even more value. What Gordon probably means is that if we don't get a recovery soon through blind hope, he will have borrowed so much that savings will need to be confiscated to pay the debts and taxes will be increased to protect all public sector jobs. QE could still be expanded to inflate all savings away, anything in fact to still pay the public sector with money we have not got. The sooner he goes the better, as we are facing disaster with the madman.

[Guest_James Toney_*]

There will be no deflationary death spiral, and even if there were, money would still have even more value. What Gordon probably means is that if we don't get a recovery soon through blind hope, he will have borrowed so much that savings will need to be confiscated to pay the debts and taxes will be increased to protect all public sector jobs. QE could still be expanded to inflate all savings away, anything in fact to still pay the public sector with money we have not got. The sooner he goes the better, as we are facing disaster with the madman.

hope this is not true, he never said this, god we could be all f**ked

[grumpy-old-man-returns]

yep

cant be long now for capital flight

agreed lowrent.

I am surprised how long it has taken though but that's down to the stupidity of the masses & the controlled lying media's ability to convince.......

[Minos]

yep

cant be long now for capital flight

I agree. You can almost smell it.

[Guest_James Toney_*]

that is amazing if he said this

your Livelihoods & S A V I N G S Are, STILL* hanging in the balance

we are finished

[Austin Allegro]

hope this is not true, he never said this, god we could be all f**ked

I for one would be re-enacting the film 'Brewster's Millions' if that happened!

[dr ray]

You don't change horse in the middle of a race.

You do if the horse is dead and in a late stage of decomposition

[Guest_James Toney_*]

I for one would be re-enacting the film 'Brewster's Millions' if that happened!

was just thinking something like that, dont know what to think or do

, what a bunch of b'stards this government really are

[LuckyOne]

what - youre not protected from the mad man

I have done the best that I can to overlay a matrix of possible outcomes and investment performance for each asset class given each outcome and have tried to optimise the risk / reward.

No matter how much thought one puts into it, there is still a risk that something unexpected happens. I am very far from complacent at the moment even though the market seems to be telling us that we can relax a bit .....