ARmy Rumour SErvice

**jonwilly** · 24-11-2011, 01:23

I believe folk who deal with serious sums of money have greater faith the $ long term then in Sterling.
My money comes in pounds and I know that I will lose out in the future.
And thats after Gorden shafted little old moi with his 30 % devaluation.

john
Still lay the blame on George II, he never raised taxes to pay for his two unnecessary Major Wars and He kept intrest rates too low for too long.

**jonwilly** · 24-11-2011, 01:30

Obamahama
A very unpopular President who will be reelected.
No credible competition.
john
So as your not arguing I'll assume you finds George II Guilty of the present world financial crisis.

**eodmatt** · 24-11-2011, 01:41

Originally Posted by Dogface

Seriously doubt it.

No, the President wasn't it. Congress, on the other hand, is another matter entirely. The President truly can do little to ruin an economy excepting to stupidly spend tax revenue thinking he can save it. And again, Congress is an entirely different matter.

About the rest of the world (including the UK) they can blame their own stupidity and their own stupid policies and decisions for their economic state.

And greed.

**redmenacemedic** · 24-11-2011, 03:36

who cares?
how long does china work to replicate the yearly financial output of greec-3 weeks
how long for italy-about 4 months
so sod em I say.
down with teh pound
up with the dollar and yuan
hurrah for china and asia
sod europe.

oh al right I admit it
I live in Singapore and get paid in USD

**jonwilly** · 24-11-2011, 03:47

Ah Doggo
Well cum on then name your Player, just been out for mi breaky.

George II had to keep US intrest rates low, Two wars and no Taxes to pay for them, the 1% wouldn't allow him and the World followed.
OK till things started to go wrong then the US and all the rest in Sh1t order.
And of course GREED does for them all in the end.

john
Singers with all that Humidity, you Rucky Rucky people.

**eodmatt** · 24-11-2011, 03:58

Originally Posted by redmenacemedic

who cares?
how long does china work to replicate the yearly financial output of greec-3 weeks
how long for italy-about 4 months
so sod em I say.
down with teh pound
up with the dollar and yuan
hurrah for china and asia
sod europe.

oh al right I admit it
I live in Singapore and get paid in USD

Ditto, although I live elsewhere in the F/E. However I have properties in the UK, which I have to attend to a couple of times a year which means visits to a cold, damp, expensive place.

**eodmatt** · 24-11-2011, 04:00

Originally Posted by jonwilly

Ah Doggo
Well cum on then name your Player, just been out for mi breaky.

George II had to keep US intrest rates low, Two wars and no Taxes to pay for them, the 1% wouldn't allow him and the World followed.
OK till things started to go wrong then the US and all the rest in Sh1t order.
And of course GREED does for them all in the end.

john
Singers with all that Humidity, you Rucky Rucky people.

Mate, I'd sooner brave warmth and high humidity than freezing cold slush and icy rain. Brrrrr.

**jonwilly** · 24-11-2011, 06:44

Yeah we made our choices years ago.
I have two elderly Yankee 'friends' both strong supporters of the GOP, one a Card Carrying Member of the Party, The Tea Party.
I love a good debate with them and the Forthcumming Election is now high on our list of subjects.
Both are very well educated Profesional men, one a City Planner (Civil Engineer) who built major airports the other an Advocate, never uses the term Lawyer he's heard all the insults on that term.
And for all their education and life experience I have to admit I think they are thick, dense.
Talk about looking at the world through rose tinted goggles.
Two days ago I says to my Advocate, 48 years ago you shot JFK.
Worst President we ever had. Automatic reply zero hesitation.

john
Hunting for information.

**Drlligaf** · 24-11-2011, 07:00

I noticed on the news last night that there is minor disagreement between Barroso and Merkel. Barroso wants Eurobonds at about 4% interest to replace the various national bonds. This would involve Germany paying shed loads for those who borrow and then default. Angies reply was a definite "Nein". Barroso threw his teddy in the corner. Even the other suggestions whereby the individual countries retain their bonds alongside the Eurobonds received another "Nein". The Eurobond would be an invitation to financial irresponsibility, fear the Germans. Borrow money cheaply and default, with Germany standing guarantee. The Germans fears seem well grounded, which raises the question just what is Barroso's game, he must be aware of the consequences?