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TheCountOfNowhere

Chief banker says: we really dont care about anyone bar ourselves....

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I paraphrased that but here's why....

 

http://news.sky.com/story/bank-of-england-cannot-solve-societal-challenges-carney-11057314

 

"The governor of the Bank of England says it has limited influence on the challenges posed by Brexit and housing affordability."

 

So they've given millions no choice but to vote BrExit through their mass immigration Ponzi and they've cause the housing crisis with their QE/Low IRs/FLS/TF schemes....but it's not their problem.

Arrest this ****.

IMHO

 

Seems they've got back to just targeting inflation

 

"The Bank has policy tools at its disposal which are aimed at meeting a target for inflation of 2%."

 

They must think we all believe what they pump out.

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Mr Carney told his audience on Thursday the Bank of England would ensure "banks will be capitalised so that they can withstand any severe shock that could be associated with Brexit - however unlikely - and still meet demand for
credit."

 
I wonder what that shock could actually be.
These evil ****s have set 1000's up for a great fall all in the name of saving the bankers skin post 2007.
All just MHO.

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2 hours ago, TheCountOfNowhere said:

Mr Carney told his audience on Thursday the Bank of England would ensure "banks will be capitalised so that they can withstand any severe shock that could be associated with Brexit - however unlikely - and still meet demand for
credit."

 
I wonder what that shock could actually be.
These evil ****s have set 1000's up for a great fall all in the name of saving the bankers skin post 2007.
All just MHO.

But have they set thousands up for a fall?

 

By bailing out the bankers aren't they also, by definition, bailing out the leveraged mortgagors.

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Mr Carney told his audience on Thursday the Bank of England would ensure "banks will be capitalised so that they can withstand any severe shock that could be associated with Brexit - however unlikely - and still meet demand for credit."

Demand for credit. :lol:

The private sector is completely underwater - 165% of GDP - just like it was in 2007. Nothing has changed.

 

Screen-Shot-2017-04-21-at-13.53.09.png

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28 minutes ago, nome said:

But have they set thousands up for a fall?

 

By bailing out the bankers aren't they also, by definition, bailing out the leveraged mortgagors.

Only if the levered didnt take on more debt, lever up more and didnt pay down a penny of capital...there's the 2 BTLers I know right there in 1 sentence.

 

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  • 294 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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