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Scrap Banking Guarantees for Savers

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    Scrap Banking Guarantees for Savers

    I was waiting for this........grab your lube and get ready


    Abolishing £75,000 per person insurance scheme could strengthen the UK economy
    It's all the stupid customers fault!

    The presence of deposit guarantees has allowed depositors to take a “nonchalant attitude towards risk” he said

    Scrap guarantees for savers' deposits to avoid banking crises, says think tank - Telegraph
    Last edited by MrMarkyMark; 15 January 2016, 11:44.
    The Chunt of Chunts.

    #2
    Scare people into moving more cash into the UK property market? The UK Bricks 'n' Mortar Ponzi scheme is looking a little shaky lately.

    So are they suggesting it's okay to pay 0.1% interest, but with massive risk of them just saying "we are broke, thanks for your cash!".

    Bankers = s

    Comment


      #3
      Originally posted by DimPrawn View Post
      Scare people into moving more cash into the UK property market? The UK Bricks 'n' Mortar Ponzi scheme is looking a little shaky lately.
      No, its fine, The Daily Express told me, prices are going to keep going up and up.

      Originally posted by DimPrawn View Post
      So are they suggesting it's okay to pay 0.1% interest, but with massive risk of them just saying "we are broke, thanks for your cash!".
      Yup, in a nutshell.
      Good for the economy, as we know the bankers are better at looking after money, than we are
      The Chunt of Chunts.

      Comment


        #4
        Originally posted by MrMarkyMark View Post
        Good for the economy, as we know the bankers are better at looking after money, than we are
        Buy shares in coke dealers.

        Comment


          #5
          I think prosecuting heads of banks would be a better solution!

          The bank Guarantee was one of the few decent policies that affected me. Everything else I either earn too much for or I'm too old/young for.
          Always forgive your enemies; nothing annoys them so much.

          Comment


            #6
            You guys have savings? You should be putting it all into BTL deposits.

            Comment


              #7
              FTFY

              Originally posted by BrilloPad View Post
              You guys have savings? You are a the biggest bunch of losers. You should be putting it all into BTL deposits.
              The Chunt of Chunts.

              Comment


                #8
                Gold - it's the only way to be certain
                How fortunate for governments that the people they administer don't think

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                  #9
                  Originally posted by Troll View Post
                  Gold - it's the only way to be certain
                  Don't buy any from ATW. Bank Caught Using Fake Gold As Reserve Capital In Russia | Zero Hedge
                  England's greatest sailor since Nelson lost the armada.

                  Comment


                    #10
                    Originally posted by BrilloPad View Post
                    You guys have savings? You should be putting it all into BTL deposits.
                    You hate BTLer's though Brillo
                    In Scooter we trust

                    Comment

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