Geoff Kilpatrick Posted October 8, 2008 Share Posted October 8, 2008 US, UK, Eurozone, Canada, Sweden and Switzerland all cut rates by 0.5%. Might stave off depression and allow everyone to settle for recession! Link to comment Share on other sites More sharing options...
coppercrutch Posted October 8, 2008 Share Posted October 8, 2008 US, UK, Eurozone, Canada, Sweden and Switzerland all cut rates by 0.5%. Might stave off depression and allow everyone to settle for recession! Everything is fine again !! Or maybe not The fundamental problem remains. The fundamental problem is too much debt. Lowering interest rates will not solve that. They may be hoping to inflate the debt away by unleasing a period of high inflation. Doesn't look likely though with the credit contraction we have just now. Also for this to work they need wage inflation to soar. Not looking that likely now with the state most companies, and the job markets, are in. These people don't know what they are doing. They don't know what to do. They are simply "twiddling with the knobs" and hoping something works. Anyway if high inflation happens I am fortunate nearly all my savings are linked to inlfation and not interest rates. They also have the best guarantee possible. They are also tax free. NS and I Index linked Certs. I doubt rampant inflation will occur though. but who knows !! They are following the Japanese perfectly so far. Nationalise banks. Lower interest rates. Get too involved. Result = decades of stagnation. Nice. Link to comment Share on other sites More sharing options...
Guest S.U.S.S. Posted October 8, 2008 Share Posted October 8, 2008 Where is that **** Bono now? How about campaigning for the banks to forgive my debts instead of taking photo opps in the poor villages overseas before buggering off back to your plush hotel? Make SUSS's peverty history! anyone wishing to donate to the above fund please pm me. Link to comment Share on other sites More sharing options...
Rick Grimes Posted October 8, 2008 Share Posted October 8, 2008 Where is that **** Bono now? How about campaigning for the banks to forgive my debts instead of taking photo opps in the poor villages overseas before buggering off back to your plush hotel? Make SUSS's pervertry history! anyone wishing to donate to the above fund please pm me. we could stick you on the Register if that would help. also, your avatar - is that an official logo? its looks like a lion in a wonky shopping trolley. Link to comment Share on other sites More sharing options...
Sydney from Sydney Posted October 8, 2008 Share Posted October 8, 2008 US, UK, Eurozone, Canada, Sweden and Switzerland all cut rates by 0.5%. Might stave off depression and allow everyone to settle for recession! Dream on Geoff, the future's grim. Seatbelts and all that !! Link to comment Share on other sites More sharing options...
Guest S.U.S.S. Posted October 8, 2008 Share Posted October 8, 2008 we could stick you on the Register if that would help. also, your avatar - is that an official logo? its looks like a lion in a wonky shopping trolley. Freudian slip perhaps! Its a Tesco trolley, very high quality! Link to comment Share on other sites More sharing options...
jambos are go! Posted October 8, 2008 Share Posted October 8, 2008 One good thing about this is that the hands off freemarketeers have hopefully been totally discredited. One bad thing is that IMO its far more likely public sector workers(in spending cuts) will lose their jobs than the private sector pirates who put their own greed and wealth before the needs of their companies and the country. I was tempted to say shareholders but the exchanges have not fallen that much are and will continue to recover whilst the taxpayer takes the risks on ac ?500billion rescue plan. I like to see bankers blood on the street(metaphorically). NEVER AGAIN must be the thrust and outcome of impending regulation on banking rules as we move into an age of Government rather than chaos. Link to comment Share on other sites More sharing options...
david mcgee Posted October 8, 2008 Share Posted October 8, 2008 We will soon all be public servants, with one currency, one interest rate and one Government. Globalisation is upon us? Over to you Coppercrutch, i think you know more about this than me? Link to comment Share on other sites More sharing options...
Geoff Kilpatrick Posted October 8, 2008 Author Share Posted October 8, 2008 Dream on Geoff, the future's grim. Seatbelts and all that !! There's no tongue in cheek smiley as far as I can tell. Link to comment Share on other sites More sharing options...
coppercrutch Posted October 8, 2008 Share Posted October 8, 2008 We will soon all be public servants, with one currency, one interest rate and one Government.Globalisation is upon us? Over to you Coppercrutch, i think you know more about this than me? I think Maroonlegions is the man for the job !! Although for all his conspiracies the NWO/money masters/fed idea is certainly the most believable. Many highly thought of historical figures thought along the same lines. There is plenty of real evidence to support this. The currency aspect is interesting. I can see that happening. It has already happened for nearly a complete continent. Only a few more to go !! As for one Government not so sure. They are all far too far up their own arses to give in to somebody else. I go for war to start with !! Sad but very possible. Link to comment Share on other sites More sharing options...
Boris Posted October 8, 2008 Share Posted October 8, 2008 I think Maroonlegions is the man for the job !! Although for all his conspiracies the NWO/money masters/fed idea is certainly the most believable. Eh, that's what Marx was saying all those years ago. Liberal democracy is essentially a sham because the elected representatives have no control because the money masters call the shots! Link to comment Share on other sites More sharing options...
coppercrutch Posted October 8, 2008 Share Posted October 8, 2008 Eh, that's what Marx was saying all those years ago. Liberal democracy is essentially a sham because the elected representatives have no control because the money masters call the shots! Looks like it. Link to comment Share on other sites More sharing options...
Boris Posted October 8, 2008 Share Posted October 8, 2008 Looks like it. You mean you've only just realised? The front cover of the current edition of The Spectator is genius. Apparently all of this financial meltdown is the Left's fault! Link to comment Share on other sites More sharing options...
coppercrutch Posted October 8, 2008 Share Posted October 8, 2008 You mean you've only just realised? The front cover of the current edition of The Spectator is genius. Apparently all of this financial meltdown is the Left's fault! Suspected and read a lot about it. Only recently have I really started understanding this maroonlegions style conspiracy is in fact probably true !! Link to comment Share on other sites More sharing options...
Boris Posted October 8, 2008 Share Posted October 8, 2008 Suspected and read a lot about it. Only recently have I really started understanding this maroonlegions style conspiracy is in fact probably true !! Ach, it's not an ML type conspiracy at all - it's so transparent it's unbelievable! Link to comment Share on other sites More sharing options...
coppercrutch Posted October 8, 2008 Share Posted October 8, 2008 Ach, it's not an ML type conspiracy at all - it's so transparent it's unbelievable! True. But still few people realise it. Link to comment Share on other sites More sharing options...
david mcgee Posted October 8, 2008 Share Posted October 8, 2008 Have you looked at David Ikes website? His Big Brother talk is quite interesting. I just watched it last night, i remembered him from his Terry Wogan days and thought he was a complete nutter. Some of the things he preaches are still hard to fathom but a lot of it makes perfect sense. Fractional reserve banking is explained very well. Can someone post the link? ( yet to learn) Link to comment Share on other sites More sharing options...
davemclaren Posted October 8, 2008 Share Posted October 8, 2008 Have you looked at David Ikes website? His Big Brother talk is quite interesting. I just watched it last night, i remembered him from his Terry Wogan days and thought he was a complete nutter. Some of the things he preaches are still hard to fathom but a lot of it makes perfect sense. Fractional reserve banking is explained very well. Can someone post the link? ( yet to learn) Perhaps his alien friends can help recapitalise the banking system. Link to comment Share on other sites More sharing options...
david mcgee Posted October 8, 2008 Share Posted October 8, 2008 Perhaps his alien friends can help recapitalise the banking system. Open your mind Dave, thats how you learn. Link to comment Share on other sites More sharing options...
coppercrutch Posted October 8, 2008 Share Posted October 8, 2008 To be fair to David Ike I have heard a lot of stuff about him. Seems he suffers a lot from his lizard chat. However this seems to discredit a lot of the feasable and interesting stuff he apparently says. I am going to youtube him and give the lizardman a go !! Who would you choose to believe - Broon or Ike. The Lizard man wins hands down. Link to comment Share on other sites More sharing options...
davemclaren Posted October 8, 2008 Share Posted October 8, 2008 Open your mind Dave, thats how you learn. There are limits..... Link to comment Share on other sites More sharing options...
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