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Total_Injustice

Which Bank Is About To Fail

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- Barclays has said that Banks should be allowed to fail.

- A BOE spokesperson has said that Banks should be allowed to fail.

- The saver protection against bank failure has been increased.

I get the feeling we are being de-sensitised so it won’t come as a shock when it happens.

So when is it going to happen, and which Bank(s) will it be?

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The FSCS thing is just the EU sticking its beak in again, no?

Cant see any bank going to the wall. Theyll just pop in to see merv.

I see a few things that will cause a crash across many asset classes.

Inflation squeezes margins. lots of companies go to the wall

Coalition falls, Red Ed and Clueless Johnston cause a massive exodus of funds and people.

Even then the banks will survive while everyone else starves/freezes/fights over scraps of food.

Edited by Sadman

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The FSCS thing is just the EU sticking its beak in again, no?

Cant see any bank going to the wall. Theyll just pop in to see merv.

I see a few things that will cause a crash across many asset classes.

Inflation squeezes margins. lots of companies go to the wall

Coalition falls, Red Ed and Clueless Johnston cause a massive exodus of funds and people.

Even then the banks will survive while everyone else starves/freezes/fights over scraps of food.

Maybe I'm reading too much into things, but there's been alot of indirect chatter about this in the last week, or am I just a conspiracy theory junky?!

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Santander

:ph34r:

Mmmm, I've still got money with them and this bank has been discussed a few times here now.

Are there any tangible / robust indicators that things have got worse for them?

How long does it take to get your money of a bank goes bust?

Edited by Total_Injustice

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Maybe I'm reading too much into things, but there's been alot of indirect chatter about this in the last week, or am I just a conspiracy theory junky?!

There has been a lot of chat about it. Don't know if it means anything though.

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Santander shares went up yesterday by 4.7%.

Strange because they have been selling extra preference shares for about two years, generally every three months.

Even though they are Spanish, they have a lot of overseas business. Seems they may be more robust that others on here think.

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Mmmm, I've still got money with them and this bank has been discussed a few times here now.

Are there any tangible / robust indicators that things have got worse for them?

How long does it take to get your money of a bank goes bust?

TBH, i think they're a case of too big to fail, now they've been hoovering up half of britains banking sector!

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Santander seemed to be the big winner out of the market collapse in 2007. Seemed to me though that they probably just picked up a lot of mortgage debt that's about to go bad. Partly for that reason, I didn't bank with them.

Having said that, I don't think we are being de-sensitised or that Santander are about the collapse - the comment was general and not specific to near future events.

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It's Ireland that's printing counterfeit money so everything there including the banks must be getting pretty worthless now.

Celtic Tiger to Counterfeit Tiger.

The UK's bailout loan might even get paid back early with due interest - in counterfeit euros.

Edited by billybong

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  • 312 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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