Jump to content
House Price Crash Forum
Sign in to follow this  
Chuffy Chuffnell

Newsnight Tonight

Recommended Posts

It's desperation - we'll see countries scrapping for the crumbs left on the table. Where the hell do we go next I'm wondering. Really desperate times.

What comes next? Hyperinflation?

Edited by gruffydd

Share this post


Link to post
Share on other sites

http://www.bbc.co.uk/programmes/b014kjnr

Newsnight tonight on the impending currency war.... :lol::ph34r:

Impending?

China has been on a war footing for 20 years, Japan 40, and Germany 60. We joined in 3 years ago, as did the USA and the Eurozone. Now even neutral criminal Switzerland want a piece of the action in the race for the bottom.

And the gold (in its loosest sense) has already gone to Zimbabwe, proving central banks can create inflation. So desperate are the Swiss to get joint second place, they have welded themselves to the sinking Euro, echoing the Chinese policy of fixing their own notes to the much printed dollar.

Even gold miners are trying to dig more gold up.

Share this post


Link to post
Share on other sites

"dramatic opening salvo"?

Considering that Japan has been doing the same devaluation for 50 years it had better be good.

Looks like the Japs are giving up on it and are going into commodities and foreign business....

Share this post


Link to post
Share on other sites

If this currency war can be likened to WWII then we're at mid-1940. As Churchill said:

"The Battle of France is over. The Battle of Britain is about to begin. Upon this battle depends the survival of Christian civilization…"

In our case it's the survival of Western civilization/our Anglo-Saxon dominance. God Save the £ :o

Edited by Chuffy Chuffnell

Share this post


Link to post
Share on other sites

If this currency war can be likened to WWII then we're at mid-1940. As Churchill said:

"The Battle of France is over. The Battle of Britain is about to begin. Upon this battle depends the survival of Christian civilization…"

In our case it's the survival of Western civilization/our Anglo-Saxon dominance. God Save the £ :o

If they could see this country now, do you think our ancestors would have bothered in 1940?

Share this post


Link to post
Share on other sites

If they could see this country now, do you think our ancestors would have bothered in 1940?

Well, let's be honest about this - would you really have wanted the Nazis and fascist Japanese nutcases to be in charge of the world right now?

It was unfortunate that the war was won by the good people, but the peace was won by the greedy elite.

Share this post


Link to post
Share on other sites

If they could see this country now, do you think our ancestors would have bothered in 1940?

Those ancesters had low expectations, a few jam sandwiches, a bit of meat on a Sunday and a sing-song round the piano.

Share this post


Link to post
Share on other sites

If this currency war can be likened to WWII then we're at mid-1940. As Churchill said:

"The Battle of France is over. The Battle of Britain is about to begin. Upon this battle depends the survival of Christian civilization…"

In our case it's the survival of Western civilization/our Anglo-Saxon dominance. God Save the £ :o

Oh yes The Battle of Britain, I remember it as if it was yesterday. Well, it was only in 1969....

Share this post


Link to post
Share on other sites

Well, let's be honest about this - would you really have wanted the Nazis and fascist Japanese nutcases to be in charge of the world right now?

At least we wouldn't have Dale farm if Hitler was around.

Share this post


Link to post
Share on other sites

Just think: the Michael Caine of the future will be playing the heroic figure in a fine portrayal of the finest hour of the Global Currency War - the Battle of Sterling! Major currencies have collapsed - the Dollar, the Euro... the Eurozone is utterly f*cked with the countries attempting to re-establish their own currencies, etc, whilst plucky Britain soldiers on, borders closed etc... :lol::lol::lol::lol:

Share this post


Link to post
Share on other sites

20 minutes to go... there's a good chance it's going to be a damp squid. Still, a few more thousand people may be made (even if just partially) aware of what's going on. Nothing like a curious search on the internet leading to this forum.. ;)

Share this post


Link to post
Share on other sites

On now.

Robert Peston... saying it as it is.

The Eurozone is fecked. Badly.

Basically the "race to the bottom" won't work as everyone is doing it. The world is heading for a Massive Depression, which will make the 30s look rosey.

Wouldn't want to be in southern Europe right now!!

Share this post


Link to post
Share on other sites

Gillian Tett is a fascist-corporatist - said that europe minus the euro would be bloody

no justification for this - imho she has a standard FT agenda of corptocratic control of the masses, I am siding with _w_'s opinion here...

Share this post


Link to post
Share on other sites
Guest spp

On now.

Robert Peston... saying it as it is.

The Eurozone is fecked. Badly.

Basically the "race to the bottom" won't work as everyone is doing it. The world is heading for a Massive Depression, which will make the 30s look rosey.

Wouldn't want to be in southern Europe right now!!

At least they'll be getting a sunrise in the morning.

The race to the bottom is speeding up!!

Edited by spp

Share this post


Link to post
Share on other sites

Those ancesters had low expectations, a few jam sandwiches, a bit of meat on a Sunday and a sing-song round the piano.

Yes, and a 4 bed detached house with land for £600 cash, in my grandfather's case.

I could live with jam sandwiches and sing-songs if I could get a house like that for £600 (or about £20k now adjusted for inflation)

Share this post


Link to post
Share on other sites

Yes, and a 4 bed detached house with land for £600 cash, in my grandfather's case.

I could live with jam sandwiches and sing-songs if I could get a house like that for £600 (or about £20k now adjusted for inflation)

Well yes, I did think of mentioning their/our housing situation but thought better of it.

Housing. What a **** up.

Share this post


Link to post
Share on other sites

Gillian Tett is a fascist-corporatist - said that europe minus the euro would be bloody

no justification for this - imho she has a standard FT agenda of corptocratic control of the masses, I am siding with _w_'s opinion here...

You would though.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 331 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.