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NR
btw Japans debt ratio I believe is over 250% now.
Yes the structural hedge will be rammed with GILTS mayey. I would not worry about this. We will not default because we were not stupid enough to join the Euro.
I am going to treat weakness as an opportunity to buy some more. But you of course are free to do as you wish. This was not financial advice btw.
No I don't think they can involve themselves in the operations of a privately owned business either.
I think over leveraged borrowers are going to become Citra Living customers where they can clear their debts whilst renting a home they previously owned off LBG at approximately 40% of salary.
Lloyds- helping Britain recover
NR
''Well, I fear a sovereign debt crisis in the UK, so how else would one describe UK , so how else would one describe UK gilts?''
Well your fear is the thing that is letting you down
'' how else would one describe UK gilts?'
Gilt edged - they were not gilt edged in gold for no reason
UK debt ratio was over 250% after WW2 - currently at about 100% due to Covid 19.
Inflation eats into nominal debt. It is the ratioto GDP that government look into reducing
AML up 4%
Surely the government cannot set a precedent of bailing out over leveraged borrowers ..it wont happen imo...im sure there are many avenues that lenders and borrowers can explore.. adjust loan length..interest only etc....gla
Longtimeinvestor Well, I fear a sovereign debt crisis in the UK, so how else would one describe UK gilts? Never seen such a huge government debt in this country in my life. The UK Gov rollover interest costs alone will be soaring now.
''this rate hike is going to do real damage unfortunately.''
The damage would be far greater if inflation were left to get out of control
this rate hike is going to do real damage unfortunately.
for the first time since since covid new build construction sites are slowing and will directly affect businesses like mine.
people like bailey don't suffer for their decisions, no mortgage, no business to run. same during covid, all those rich public sector talking heads screeching for the country to shut down, none of them directly affected by their position.
they finished my wife's business and are trying their hardest to finish mine. **** the lot of em
Any money taken of the banks and the banks will kick back by reducing lending to households and businesses. Wont happen, simples.
Fleccy, it will be at a level where only investors suffer , they hit the builders and the oil and gas sector - banks next.
Who cares about comments from the DT.................just ignore him/her/it
DT
stop repeating the complete and utter nonsense of a question - the number of people thinking that you are a Lloyds banking group shareholder would be extremely thin on the ground.
Lloyds still exists and is doing rather well
btw you have made this repetitive nonsense of a question on a number of occasions in the past, so now a repeat of a repeat of a repeat
Hu
''The UK was not signed up to the ERM in 1982''
'Corn' obviously made a typo - so a bit pointless with your correction to 92 when we knew he was talking about the ERM period
So LTI, Do you have any proof that I or any other posters do not have a position in Lloy?
DYOR
DT
''I never stated i was a shareholder, i stated the following''
I was saying that the number of people who think you are a shareholder would be thin on the ground, and I am not one of them.
So why the problem when I said that you are not a shareholder?
Gazzleberry the nationalist. You offer nothing, zero.
Cynical, negative, antagonistic.
Sadly this country is packed to the gills with people like you
LTI, " anyone thinking that you are a Lloyds banking group shareholder would be extremely thin on the ground"
I never stated i was a shareholder, i stated the following;
"It is a perfectly justified question, so LTI, Do you have any proof that I or any other posters do not have a position in Lloy? You are famous for your repetitive nonsense and questions to other posters and you try to deflect them.."
DYOR
"Had to, being in the ERM."
The UK was not signed up to the ERM in 1982. The UK only signed up to the ERM in October 1990. Things came to a head in what is known as Black Wednesday on 16th September 1992 when Chancellor Norman Lamont hiked rates to 15% to try and support the pound, which did not work so on the same day the UK gave notice it would leave the ERM and rates reverted to 10% on the same day.
A123
don't start - you will get the same response, which you should already have digested and understood
LTI Totally agree.
Maybe if we had the euro we wouldn't have this runaway inflation and better performing UK indices.
DT
stop repeating the complete and utter nonsense of a question - anyone thinking that you are a Lloyds banking group shareholder would be extremely thin on the ground.
Lloyds still exists and is doing rather well
Corn
''1982, when the idiot Norman Lamont hiked rates, and my mortgage was hiked to 15%''
Had to, being in the ERM.
We then exited the ERM - So glad that we did not end up with the Euro.
LTI, It is a perfectly justified question, so LTI, Do you have any proof that I or any other posters do not have a position in Lloy?
You are famous for your repetitive nonsense and questions to other posters and you try to deflect them...
DYOR