- 26-09-2011, 18:06 #1511
- Join Date
- Apr 2011
- 26-09-2011, 18:17 #1512
When the Euro falls and it will it will Britain will feel some of the pain.
That is not necessarily a bad thing. If the deficit reduction plan falters and the markets get jittery then it will force up UK interest rates. Part of the problem with the UK is the vast amounts of personal debt that is stuck in the system. This problem needs to be tackled otherwise we will never get back to a growth economy model. Far better for it be purged quickly and whilst that will be painful for those affected is is a necessary part of the economic cycle. Flush out the debt and the problems at the root will start to sort themselves out.
All political parties know this but to take steps to make it happen would be electoral suicide as clearly the welfare state would also need to be cut quite drastically. (The Tories remember well the damage Black Wednesday did them).
There needs to be an external trigger event, when it comes they will use it.
- 26-09-2011, 18:39 #1513
(Personally, I'd be happy to see a right-wing coup, so long as the current generation of politicians were taken outside and shot - or perhaps donated en masse to Afghanistan, Iraq and Somalia as aid-in-kind to help them form shite governments in the western manner...)
- 26-09-2011, 19:14 #1514
Mandleson must be prominent candidates for this.The former through her hatrid of capitalist(white) Britain and the latter because he was gaining finanicially in the process.Gordon Brown was the bufoon who allowed these 2 to wreak havoc.
Last edited by Le_addeur_noir; 27-09-2011 at 19:30. Reason: mong spellingSocialism is the junior brother of communism and should be eliminated in Britain forthwith.
'Cold,God's way of telling us to burn more Catholics'.Blackadder episode 5,series 1"beer"
- 26-09-2011, 19:30 #1515
It's going to be long,hard and their will be lots of withdrawals.
Think we are all in for a rough ride but what ever happens it is up to us to look after our own interests. The Euro is a busted flush and the bastards want to take us with them.Haven't had an accident in years. See a lot in my rear view mirror though.
It's very unlucky to be superstitious.
Only my dog can judge me.
- 26-09-2011, 19:51 #1516
- Join Date
- Mar 2011
No matter what happens now, major revolution is on it's way, it is unavoidable.
Greece, the very cradle of civilisation, has now run out of ready's and her finance's have collapsed.
The Euro has done a Titanic on us and is sinking by the head.
And every member of the rat race is still knocking themselves out to be millionaires!
O' the financing madness of the 21st century.
It was greed, NOT need, that did it.If you find me intolerable at my worst, then you would not deserve me at my best.
- 26-09-2011, 20:43 #1517
- 26-09-2011, 22:18 #1518
Seen on the BBC earlier today.....
Quite a Candid View I bet the producer was out taking a piss as this view would have frightened the sheeple. It never got a second airing.
Trader on the BBC says Eurozone Market will crash - YouTube
Is there any way to embed you tube vids in the page here? I have searched the FAQ and it is silent on the matter.
- 26-09-2011, 22:21 #1519
- 26-09-2011, 22:27 #1520
"Patience is counting down without blasting off."
- Join Date
- Apr 2005
- In front of the fire, wearing slippers with a brew at hand.