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Official global financial meltdown 2015 thread

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View serial thriller's Profile serial thriller Flag The Promised Land 24 Aug 15 12.11pm Send a Private Message to serial thriller Add serial thriller as a friend

Here we go again...

[Link]

China's economy's tumbling, taking with it a lot of developing nations'. America and Europe are only surviving on near zero interest rates, and everyone's played their QE joker card.

Why weren't the mistakes of the past learnt?
What will it all lead to? #corbynomics perhaps?

 


If punk ever happened I'd be preaching the law, instead of listenin to Lydon lecture BBC4

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View Superfly's Profile Superfly Flag The sun always shines in Catford 24 Aug 15 1.19pm Send a Private Message to Superfly Add Superfly as a friend

I'm not sure of the exact reasons (as I only work in the back office & I'm a little bit thick) but the markets are going mental today.

 


Lend me a Tenor

31 May to 3 June 2017

John McIntosh Arts Centre
London Oratory School
SW6 1RX

with Superfly in the chorus
[Link]

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View Stuk's Profile Stuk Flag Top half 24 Aug 15 1.23pm Send a Private Message to Stuk Add Stuk as a friend

China are being dicks. Hope that clears it up.

 


Optimistic as ever

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View Stuk's Profile Stuk Flag Top half 24 Aug 15 1.24pm Send a Private Message to Stuk Add Stuk as a friend

Quote serial thriller at 24 Aug 2015 12.11pm

Here we go again...

[Link]

China's economy's tumbling, taking with it a lot of developing nations'. America and Europe are only surviving on near zero interest rates, and everyone's played their QE joker card.

Why weren't the mistakes of the past learnt?
What will it all lead to? #corbynomics perhaps?


Don't use ghastly made up s*** like this please.

It's as s***ty and lazy as adding "gate" as to any word.

 


Optimistic as ever

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View twist's Profile twist Flag Miami, Florida 24 Aug 15 1.26pm Send a Private Message to twist Add twist as a friend

Mistakes of the passed learned ? This is money we are talking about, people fall over each other, throwing women and children to the wolves to get at these chances of making said money.

Even with China illegally and artificially propping up its economy for years, people still climbing over each other to get into their money.

Unfortunately, when it fails and they fall down giant holes, they tend to take everyone with them.

 

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View sa_eagle's Profile sa_eagle Flag Just outside Cape Town 24 Aug 15 1.30pm Send a Private Message to sa_eagle Add sa_eagle as a friend

Quote serial thriller at 24 Aug 2015 12.11pm

Here we go again...

[Link]

China's economy's tumbling, taking with it a lot of developing nations'. America and Europe are only surviving on near zero interest rates, and everyone's played their QE joker card.

Why weren't the mistakes of the past learnt?
What will it all lead to? #corbynomics perhaps?


In the past our debt wasn't owned by China but now it is and as they sink they will call in those debts.
The West should never have dealt with China but capitalism is greedy and loves a short term profit.
Hey ho.

 


Cynic or realist? It's a fine line!

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View matt_himself's Profile matt_himself Flag Matataland 24 Aug 15 1.50pm Send a Private Message to matt_himself Add matt_himself as a friend

Quote sa_eagle at 24 Aug 2015 1.30pm

Quote serial thriller at 24 Aug 2015 12.11pm

Here we go again...

[Link]

China's economy's tumbling, taking with it a lot of developing nations'. America and Europe are only surviving on near zero interest rates, and everyone's played their QE joker card.

Why weren't the mistakes of the past learnt?
What will it all lead to? #corbynomics perhaps?


In the past our debt wasn't owned by China but now it is and as they sink they will call in those debts.
The West should never have dealt with China but capitalism is greedy and loves a short term profit.
Hey ho.


They can't 'call in those debts'. They are bonds and provide the issuer with a set number of years to repay the bond (between 25 and 50 usually).

If China was to flood the market by selling debt, that could cause problems but at the same time would massively devalue their bonds, so wouldn't make sense.

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

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View matt_himself's Profile matt_himself Flag Matataland 24 Aug 15 1.52pm Send a Private Message to matt_himself Add matt_himself as a friend

Quote serial thriller at 24 Aug 2015 12.11pm

Here we go again...

[Link]

China's economy's tumbling, taking with it a lot of developing nations'. America and Europe are only surviving on near zero interest rates, and everyone's played their QE joker card.

Why weren't the mistakes of the past learnt?
What will it all lead to? #corbynomics perhaps?

If the system melts and credit isn't available, how will Corbyn borrow money to do his 'Peoples QE'?


 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

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nickgusset Flag Shizzlehurst 26 Aug 15 8.57am

Am I right in thinking all those that blamed labour for the last financial crash are going to blame Cameron and Co for this one?

 

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View topcat's Profile topcat Flag Holmesdale / Surbiton 26 Aug 15 9.28am Send a Private Message to topcat Add topcat as a friend

Quote nickgusset at 26 Aug 2015 8.57am

Am I right in thinking all those that blamed labour for the last financial crash are going to blame Cameron and Co for this one?

Seems only fair to say that they should have foreseen it and done something about it.

 


It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark... and we're wearing sunglasses.

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View PalacePhotoMan's Profile PalacePhotoMan Flag Wallington 26 Aug 15 9.38am Send a Private Message to PalacePhotoMan Add PalacePhotoMan as a friend

Osborne will blame Labour anyway.

 


Zaha, Williams, Murray, Ambrose, Scannell.

A 5-man forward line who scored 3 goals in 10 minutes on 27th September 2011 at .......................

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View PalazioVecchio's Profile PalazioVecchio Flag south pole 26 Aug 15 9.45am Send a Private Message to PalazioVecchio Add PalazioVecchio as a friend

Keeping britain out of the Euro was a bloody good bit if business. In the last financial crash your pound dropped 40% of its value overnight.

many of you didnt even notice. Your house price, rent, wages etc all dropped dramatically to take the brunt of the shock. That is how the UK did much better than the eurozone, the only price we paid is no longer wanting to go on holiday to the Med.

i predict :
this crash will kill the euro as the PIIGS economies all bail out and go back to funny money.

continued low inflation and interest rates

more London property boom

cheaper football tickets

the continued death of pubs and nightclubs

People moving to smaller cars, homes, budgets,

values of fine art and commodities rising.

Unemployment out in the regions and brownfield towns continuing

the continuing rise of Croydon as an alternative office space to central London

 


Eze Peasy at Anfield....

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