You mean put the end of the world on HP for now, whoever has to find the payments and hope we dont have a rainy day for the next 30- 40 years at least.Originally Posted by walesrob
Why? Whats he done apart from "Save The World?"
Still baills outs predicted to be needed for surprises and shocks on Bank balance sheets and elsewhere.
Quantive easing cant go on for ever surely and then what happens to everything
The stock market has almost recovered but many who follow it are just waiting for it to plumment and many will gain from that apart from the everyday punter with basic investments
Someone is bound to soon think hyperinflation is a good idea soon from whoever gets in, great if you owe lots of money not so great if you actually have some savings or just want to get along in the world
Tories and Labout both mucked up and I wish neither on my worse enemy in the future, and the credit crunch was bigger than the UK of course.
But one of the countries which they keep saying will be the worst off in the long term is the UK by a long way. We had good times and didn't prepare for the bad times. Said it before why in london do we have so many huge offices which are the soverigen funds of various countries many of them far smaller than us. Singapore was badly hit by the crunch but had the reserves and then some to shelter from the storm and still keep investing...
The UK Goverment could have invested for the future in the boom years, but people didn't it was all about today. Whose gonna pay all of our state pensions?
Lastly Labour, Tories or Lib dems whoever changes in the little building by the Thames makes no difference the suits of whitehall and the over staffed buildings in Victoria will keep on implementing and interperting the MP's mutterings they wont change and still be there.
