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March 29 2024 9.59am

Venezuala inflation

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View cryrst's Profile cryrst Online Flag The garden of England 18 Sep 18 8.42pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by steeleye20

IMO Gordon and Alastair rewarded the banks by bailing them out in 2008, for all the harm they visited on others.

Hard I know, but we would be in a better place now.

IMO i dont think the money used for the banks was actually earmarked for anything else.
Im not sure what you think would have been done with it to put us in a better place.!
Maybe a divvy up for all of us?
Dont think that would have happened.
Imagine the pain for 1000s if those banks went pear shaped.

 

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View Stirlingsays's Profile Stirlingsays Flag 18 Sep 18 9.02pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

The crises was an opportunity to improve the financial system.

A missed opportunity.......Even when the whole frigging capitalist system is on a cliff edge the 'stakeholders' still hold their hands over their eyes and speak platitudes.

If we the taxpayer were going to bail it out.....as we did and probably had to.....Then the politicans should have enacted much more of a price.

What are in effect criminals were allowed to continue on their merry way.

You scratch my back, I'll scratch yours.

Different day, same s***e.

Edited by Stirlingsays (18 Sep 2018 9.03pm)

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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.TUX. Flag 18 Sep 18 9.12pm

Originally posted by cryrst

IMO i dont think the money used for the banks was actually earmarked for anything else.
Im not sure what you think would have been done with it to put us in a better place.!
Maybe a divvy up for all of us?
Dont think that would have happened.
Imagine the pain for 1000s if those banks went pear shaped.

I guess that's what the bankers who caused the problems told you........and you along with millions believed?
2yrs max, a good clear out and we could all move on. Instead we've had 10yrs of grief but the bankers are more than ok! To make matters worse, things are worse today than they were leading up to the last crash!
Get it?

Edited by .TUX. (18 Sep 2018 9.13pm)

 


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View cryrst's Profile cryrst Online Flag The garden of England 19 Sep 18 6.11am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

I guess that's what the bankers who caused the problems told you........and you along with millions believed?
2yrs max, a good clear out and we could all move on. Instead we've had 10yrs of grief but the bankers are more than ok! To make matters worse, things are worse today than they were leading up to the last crash!
Get it?

Edited by .TUX. (18 Sep 2018 9.13pm)

Well my point was that no money was taken from anyone individually to fund the bail out.
Austerity was going to happen anyway.
Maybe you could be right but im sure in that 2 years as you say before we 'move on' the collateral damage to us would have been immense.
Hiw many americans are still picking up the pieces from fannie and freddie.
That will put it in perspective.
Millions of us eh. You can fool some of the people etc.
Very disingenuous.

 

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View Stuk's Profile Stuk Flag Top half 19 Sep 18 12.46pm Send a Private Message to Stuk Add Stuk as a friend

Originally posted by .TUX.

You've equally spent your life being screwed.

Yeah I'd much rather have cheap petrol but no food, electricity, water, basic supplies, rights etc etc.

 


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View chris123's Profile chris123 Flag hove actually 19 Sep 18 4.35pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by cryrst

IMO i dont think the money used for the banks was actually earmarked for anything else.
Im not sure what you think would have been done with it to put us in a better place.!
Maybe a divvy up for all of us?
Dont think that would have happened.
Imagine the pain for 1000s if those banks went pear shaped.

Yes, including investments, pension funds and other share and bond holders, large and small. Plus the contagion effect across the market.

 

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View steeleye20's Profile steeleye20 Online Flag Croydon 19 Sep 18 6.10pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Venezuela is a wonderful country.

The best inflation in the World.

Sanctions from the arsehole of the world, Trump, will not prevent venezuelan inflation reaching new highs.

'Sign of a civilised society' MacMillan British tory PM speaking about inflation.

Try as it may to keep up, not even brexit will make UK inflation anywhere near Venezuelan levels.

Once again the UK left dead in the water........

 

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.TUX. Flag 20 Sep 18 9.13pm

Originally posted by cryrst

Well my point was that no money was taken from anyone individually to fund the bail out.
You paid and so did i.
Austerity was going to happen anyway.
It's called Wealth Confiscation.
Maybe you could be right but im sure in that 2 years as you say before we 'move on' the collateral damage to us would have been immense.
But the change going forward would've benefited us and those who follow.
Hiw many americans are still picking up the pieces from fannie and freddie.
A similar amount to many Brits who lost due to the banks 'bending the rules' i guess.
That will put it in perspective.
Current 'perspective' is that the economic world is far worse off than we were 10yrs ago......20yrs ago......30yrs ago etc etc when 1 average wage could happily support 1 average family. Progress?
Millions of us eh. You can fool some of the people etc.
And they do.
Very disingenuous.Quite the opposite.

 


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View Mapletree's Profile Mapletree Flag Croydon 20 Sep 18 11.19pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Stirlingsays

The crises was an opportunity to improve the financial system.

A missed opportunity.......Even when the whole frigging capitalist system is on a cliff edge the 'stakeholders' still hold their hands over their eyes and speak platitudes.

If we the taxpayer were going to bail it out.....as we did and probably had to.....Then the politicans should have enacted much more of a price.

What are in effect criminals were allowed to continue on their merry way.

You scratch my back, I'll scratch yours.

Different day, same s***e.

Edited by Stirlingsays (18 Sep 2018 9.03pm)

You may wish to look at the Corporate Governance Code

Britain’s is the most controlling by far

You may not have seen it but change came fast and hard

[Link]

 

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.TUX. Flag 22 Sep 18 5.17pm

Originally posted by Mapletree

You may wish to look at the Corporate Governance Code

Britain’s is the most controlling by far

You may not have seen it but change came fast and hard

[Link]

No it never.

End of.

 


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View Stirlingsays's Profile Stirlingsays Flag 22 Sep 18 8.07pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by .TUX.

No it never.

End of.

I do enjoy your terse pontifications on finance.

You should post more regularly Tux....not just on this financial stuff.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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