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Credit Chief At Rbs Warns Investors On 'cliff Edge'

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Andrew Roberts, Credit Chief at RBS, is advising clients to read the 'Bernanke Text' very closely because the Fed is soon going to have to pull the lever for "monster" Quantitave Easing (QE). Now for the quote in anote to investors:

"WE CANNOT STRESS ENOUGH HOW STRONGLY WE BELIEVE THAT A CLIFF EDGE MAY BE AROUND THE CORNER, FOR THE GLOBAL BANKING SYSTEM (PARTICULARLY IN EUROPE) AND FOR THE GLOBAL ECONOMY. THINK THE UNTHINKABLE."

Does anyone who visits HPC actually think we are a recovering world economy?

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If the banking system in the UK goes over the cliff edge, or indeed looks to be teetering on it, it'll be interesting to see how much bailing the ConDems do. And how they justify it. And what the reaction of the media and the general public is.

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If the banking system in the UK goes over the cliff edge, or indeed looks to be teetering on it, it'll be interesting to see how much bailing the ConDems do. And how they justify it. And what the reaction of the media and the general public is.

Its all so pathetically transparent...get the public finances under some semblance of control to preserve that UK's credit record so its a position to borrow more to finance Banking Bailout 2...expect lots of stories about shaky banking networks and the horrors of deflation over the next few months in the run up to the theiving banker scum's next raid on our wallets.

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Andrew Roberts, Credit Chief at RBS, is advising clients to read the 'Bernanke Text' very closely because the Fed is soon going to have to pull the lever for "monster" Quantitave Easing (QE). Now for the quote in anote to investors:

"WE CANNOT STRESS ENOUGH HOW STRONGLY WE BELIEVE THAT A CLIFF EDGE MAY BE AROUND THE CORNER, FOR THE GLOBAL BANKING SYSTEM (PARTICULARLY IN EUROPE) AND FOR THE GLOBAL ECONOMY. THINK THE UNTHINKABLE."

Does anyone who visits HPC actually think we are a recovering world economy?

Did this guy stand on a street corner with a megaphone when he said this? Did he have boards on him which said 'The World is about to end!'?

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<br />Did this guy stand on a street corner with a megaphone when he said this? Did he have boards on him which said 'The World is about to end!'?<br />
<br /><br /><br />

leMMings!

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Andrew Roberts, Credit Chief at RBS, is advising clients to read the 'Bernanke Text' very closely because the Fed is soon going to have to pull the lever for "monster" Quantitave Easing (QE). Now for the quote in anote to investors:

"WE CANNOT STRESS ENOUGH HOW STRONGLY WE BELIEVE THAT A CLIFF EDGE MAY BE AROUND THE CORNER, FOR THE GLOBAL BANKING SYSTEM (PARTICULARLY IN EUROPE) AND FOR THE GLOBAL ECONOMY. THINK THE UNTHINKABLE."

Does anyone who visits HPC actually think we are a recovering world economy?

No success without failure. ;)

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This time round they will surely restructure banks (preserve the parts we need; liquidate the rest), rather than bailing largely foreign creditors out by throwing trillions of future taxpayer obligations at them... won't they?

:ph34r:

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Is all this so that they can get out of the new bank levy?? I think they should instead raise the levy, perhaps double it. And do so again and again until either the banks shut up and pay up, or do actually fail (and then presumably get taken over by another bank so no-one will actually be affected anyway).

Edited by jammo

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Guest spp

03 July 2010 - Peter Schiff The Stimulus Is The Reason The Economy Is So Sick!

- A political scientist/nodding dog thrown in for some fun!

Good watch.

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"WE CANNOT STRESS ENOUGH HOW STRONGLY WE BELIEVE THAT A CLIFF EDGE MAY BE AROUND THE CORNER, FOR THE GLOBAL BANKING SYSTEM (PARTICULARLY IN EUROPE) AND FOR THE GLOBAL ECONOMY. THINK THE UNTHINKABLE."

massive credit easing, then nirp.

I'm quite comfortable with thinking the unthinkable.

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Andrew Roberts, Credit Chief at RBS, is advising clients to read the 'Bernanke Text' very closely because the Fed is soon going to have to pull the lever for "monster" Quantitave Easing (QE). Now for the quote in anote to investors:

"WE CANNOT STRESS ENOUGH HOW STRONGLY WE BELIEVE THAT A CLIFF EDGE MAY BE AROUND THE CORNER, FOR THE GLOBAL BANKING SYSTEM (PARTICULARLY IN EUROPE) AND FOR THE GLOBAL ECONOMY. THINK THE UNTHINKABLE."

Does anyone who visits HPC actually think we are a recovering world economy?

These guys didn't forsee the crash of 08, now they are all frady cats. Long term investors, we're not far from the bottom? Think I'll pick up £500 RBS shares next week.

Edited by Money Spinner

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03 July 2010 - Peter Schiff The Stimulus Is The Reason The Economy Is So Sick!

- A political scientist/nodding dog thrown in for some fun!

Good watch.

Schiff on the button again.

What a nodding dog , though.

23.jpg

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Why is it that whenever I hear Quantitative Easing, I always picture Alistair Darling having a w***?

because you are a bit sick in the head?

Edited by scepticus

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  • 258 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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