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MrStevenRogers
Spends far too much time on here
Joined: Fri Apr 24, 2009 9:44 pm Posts: 4860
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http://www.guardian.co.uk/business/2013 ... lysis-billthey are going to have too sell there gold reserves, someone’s going to make a massive profit, but not us the little people ...
_________________ Hope this helps . . . Steve ...
Nothing known travels faster than light, except bad news ... HP Pavilion 24" AiO. Ryzen7u. 32GB/1TB M2. Windows 11 Home ...
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Thu Apr 11, 2013 9:31 pm |
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bobbdobbs
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 7:10 pm Posts: 5490 Location: just behind you!
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The European project must survive regardless of who suffers.
_________________Finally joined Flickr
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Thu Apr 11, 2013 10:17 pm |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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I keep remembering the Labour numpties like Mandelson suggesting we should make adopting the Euro a priority 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Thu Apr 11, 2013 10:33 pm |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm Posts: 17040
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Generally speaking I found it a good policy to assume the opposite of whatever Peter Mandelson said in public.
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Thu Apr 11, 2013 10:57 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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It would have been cheaper to let the banks collapse and only protect the insured depositors. That way the Cyprus government would not have to bail out anyone. As this stands their finances will be devastated and the country will be left in ruins.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Apr 12, 2013 8:48 am |
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bobbdobbs
I haven't seen my friends in so long
Joined: Thu Apr 23, 2009 7:10 pm Posts: 5490 Location: just behind you!
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But at least they will still be part of the great European family so all will be well.... or else.
_________________Finally joined Flickr
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Fri Apr 12, 2013 9:23 am |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am Posts: 12700 Location: The Right Side of the Pennines (metaphorically & geographically)
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Am much add I thought Gordon Brown was an idiot for massively borrowing even when the economy was doing well, at least he saw fit to keep us out of the Euro.
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Fri Apr 12, 2013 9:26 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Yes this is still a banking crisis and there is no reason to bail out the banks. If they had failed there would no impact on most of us if the insured deposits had been protected. It would have defused the banking crisis without the need to punish taxpayers or voters. It would have allowed these countries to carry on within the eurozone for some time.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Apr 12, 2013 9:46 am |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am Posts: 12700 Location: The Right Side of the Pennines (metaphorically & geographically)
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I wonder who they're going to rob for this 6 billion?
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Fri Apr 12, 2013 10:19 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Those big depositors again.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Apr 12, 2013 10:37 am |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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Portugal and Ireland to be given more bailout repayment time http://www.bbc.co.uk/news/business-22116270I wonder will that stop the Irish banks going back to the well... 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Fri Apr 12, 2013 8:25 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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The problem is that the Irish banks are insolvent and are all probably trading illegally. The filings with the SEC show that there are inconsistencies in the books. So a raid on depositors is probable if things turn bad. Sent from my iPad using Tapatalk.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Apr 12, 2013 11:04 pm |
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