That Fog Horn who forecast Armageddon like Germany's Lord Haw Haw almost every day - then we had some demented China Man who wanted to buy an I Pad - now we have an "Economic Forecaster" who tells us he/she is sensible.
How many banks have now indicated that they are intending to go global (or move to a tax haven more likely) with jobs being lost in The City. In some respects they are presenting aspects of a Closing Down Sale with their despondent view of the future. Not surprising really when they have had the advantage of effectively "free money" for almost ten years now and have only succeeded in increasing everybody's credit card bill at the end of it.
"What do they do that is socially useful"? Is that question even on the agenda in Davos, as they look from the mountain tops for the new horizon. Dear Oh dear what a state we are in.
Good job we are all made of sterner stuff and understand the expression "only the old dog takes the hard road."
Our little bank is not going anywhere, but at least it has the prospect of doing better once the Big Heads get their act together - whenever that will be.
At least the Market Cap is showing a four fold increase on 2008 which has to demonstrate something even under present "modern day" management.
Is this non sensetalk a reincarnation of Leamsk who trolled this forum promising dire warnings and bleak sub .10c price ranges. This Brexit apocalypse scenario is pure and utter balderdash. Yes there are challenges ahead but the world will remain a sphere and commerce will continue.
Nobody has a clue what the outcome of brexit will be Watsa still holds in excess of 400m euro in boi and is heavily invested in European bank shares And last time I looked Boucher was still steering the ship So go on with your s!!t talk
Brexit is happening. Going to be devastating for certain aspects of the British economy and Irish economy. Prem Watsa is jumping out like a rat from a sinking ship. Before Brexit his boi portfolio at worst case scenario would have netted him 20% more profit than what he sold for. Boucher is after filling void left by willbur Ross on Euroban. He is next man to jump ship. BOI exposure to brexit is underestimated by most on this board.teens are coming fast.
Niw listen son, Brexit was ill-conceived and will be kicked down the road until it doesn't happen or gets water down so much as it won't matter anyway. What u son need to understand is Britian abandoned the commonwealth, now plans to abandon the EU and now revert back to commonwealth el al. Rule Britinia is a spent force with your Chinese nuclear stations and water works run by the French. Stop living in past glory... EU negotiators will rapidly kick UK into touch if it evem has the b@11s to trigger article 50, son!
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