New economic armageddon coming

[sasguru]

Well it was clear that all the papering over the cracks that the central banks did since 2007 didn't address the fundamental issues.
Now governments have run out of room to manouevre: indebted up to the hilt, interest rates already at zero, QE already happening - what more can they do?

I've already moved some assets abroad.
Just need a gun licence now.

[BrilloPad]

Well it was clear that all the papering over the cracks that the central banks did since 2007 didn't address the fundamental issues.
Now governments have run out of room to manouevre: indebted up to the hilt, interest rates already at zero, QE already happening - what more can they do?

I've already moved some assets abroad.
Just need a gun licence now.

Hopefully you will follow your assets.

Where did you move them to? Where is safer than the UK?

All Central s did was create more money and keep it with the elite. Most escaped into tax havens.

-ve interest rates will not work as it just reduces the velocity of money.

The only solution is tax cuts. To get money into the hands of people who will spend. This will cause inflation which will f00k up the boomers. So more good news.

And boot out all the immigrants so the majority can earn more.

The hedge fund where I worked were predicting the end of the financial system. So moving all their trades to the "last bank standing". HSBC.....

[DimPrawn]

Well it was clear that all the papering over the cracks that the central banks did since 2007 didn't address the fundamental issues.
Now governments have run out of room to manouevre: indebted up to the hilt, interest rates already at zero, QE already happening - what more can they do?

I've already moved some assets abroad.
Just need a gun licence now.

ZIRP -----> NIRP
Bank depositor haircuts
Pension pot grabs
ISA grabs
Confiscate gold
Sell our internal organs to wealthy Chinese/Russian/Arab countries

Lots of ways to prop up the banking/house price/debt Ponzi schemes yet.

[sasguru]

Where did you move them to? .

I could tell you but then I'd have to kill you.
Its a smallish amount anyway, enough to live on for a year or two

[DimPrawn]

Anyway, compared to Global Warming, economic doom, terrorism, world war, astroid impact, pandemic virus are trivial things.

BBC NEWS | Science/Nature | Global warming 'biggest threat'

[sasguru]

Anyway, compared to Global Warming, economic doom, terrorism, world war, astroid impact, pandemic virus are trivial things.

BBC NEWS | Science/Nature | Global warming 'biggest threat'

It's all about the time frame.

[ChimpMaster]

It's all a self fulfilling prophecy.

[DodgyAgent]

It's all a self fulfilling prophecy.

That SAS should leave the country?

[DimPrawn]

That SAS should leave the country?

Far too intelligent a move for SAS. He prefers his bedsit in Lewisham and his fantasy lifestyle.

[BrilloPad]

I could tell you but then I'd have to kill you.
Its a smallish amount anyway, enough to live on for a year or two

I hope its enough for Columbian marching powder and h00kers?