Originally posted by Old Greg
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I hope this guy is wrong about our future
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Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last. -
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Originally posted by scooterscot View PostAgreed.
Moreover, meanwhile, the debt the country has sunk itself in is reaching a stage whereby it cannot recover from. I know others would argue the BoE can print as much as it likes without limit. The truth is, a limit does indeed exist, and that limit is as much as can be recovered by taxes. Now whether the government likes it or not taxes must increase to a point the debt can be serviced. The voting Tory public are likely to find disagreement with this. Tough.
Rather like the central banks, government hands are tied. The only card left to play is to print endless amounts of cash. A lot of it. This reset will be nothing like we've seen since governments dropped out of the gold standard.since governments dropped out of the gold standardComment
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Originally posted by scooterscot View PostThis reset will be nothing like we've seen...
The world looks a bit bust to me.
Global debt surged to a record $250 trillion in the first half of 2019, led by the US and ChinaScoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostDebt wise, the UK is in a better position than many countries around the world. Obviously, if the Tories go on a spending splurge, it may not look so benign in a year or so.
The world looks a bit bust to me.
Global debt surged to a record $250 trillion in the first half of 2019, led by the US and ChinaComment
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Originally posted by DealorNoDeal View PostDebt wise, the UK is in a better position than many countries around the world. Obviously, if the Tories go on a spending splurge, it may not look so benign in a year or so.
The world looks a bit bust to me.
Global debt surged to a record $250 trillion in the first half of 2019, led by the US and ChinaComment
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Economy on the brink of contraction
Looks like the Tories are driving the economy down the plug hole.I'm alright JackComment
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Originally posted by BlasterBates View PostEconomy on the brink of contraction
Looks like the Tories are driving the economy down the plug hole.Comment
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Originally posted by JohntheBike View PostGlobal debt - who is it owed to? Someone must be in a pretty good position!
These are on the rise:
https://www.bloomberg.com/graphics/negative-yield-bondsScoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by tazdevil View Post...We're certainly in a better place than if Labour had been given the chance to squander whatever the UK has.---
Former member of IPSE.
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Many a mickle makes a muckle.
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