Member Info for Darth.Trader

Yes you are right but officaily it's yet to be wriiten...
DYOR

Although Bailey does like to look in the darkest side like he did during the pandemic but his attempt at trying to mesmerize us all with his child like phycology didn't really work back then maybe it had something to do with eat out to help out or he took his eye off the rampant housing market .
The constant tales from posters stating that all the monies in peoples bank accounts saved during C-19 Lockdowns will save the UK and our economy once they start spending. well the monies are gone I believe and the average bank account does not resemble anything like what it did during the pandemic and this unprecedented housing boom had not saved UK it only made things worse.

what are the chances that should UK Plc go fall into recession, probably imminent, that the situation arises that Lloyds are forced yet again to stop the divi again just as it looks like it will raise it....? when you consider that the lending criteria had been loosened recently and banks also told to dip into reserves this scenario look's very likely. the fall out from this unprecedented boom will be something that we had not witnessed before ...
good luck PI's
DYOR

...btw the worst is we don't have a political alternative, so we a well and truly Fubar....!

DYOR

..Absolutely shameful and embarrassing how they have behaved during the pandemic from Cummings eyesight test, handing out contracts to friends to the PM being fined by the Met, the whole thing had been diabolical and shameful.
PM having birthday parties whilst we are told not to attend funerals of our loved ones., yet you had been exempt to travel to go house buying to fuel a boom that will come home to roost..!
Yes he, Billy Smarts eldest, Boris, won by a massive majority and given a huge mandate but he also had the most resignation's in any party in history , requests for him to resign yet he still would not go whist also lying at every opportunity even about decorating....

Now we have the Sunak and Truss show whilst UK plc is on suicide watch...
I'm not political but facts are facts so lets be honest this last few years had been a **** show.
Either way this turns out the debt laded runaway train is not going to simply bounce off the buffers...

As for Scotland let her go and throw in a border, sell Wales and put sea mines, Sharks, in the channel.....oh and sink Ireland...in fact let also get rid of Birkenhead!

DYOR

SUF I suspect them and many more are still around ......

good luck..

SUF, ".....and there are not many around today posting since I first signed up in 2009"

if that's your belief then hey, but I seriously doubt that....
DYOR

SUF "Actually next year, I am considering selling all my shares in the first quarter and taking a little break from shares :-)

14 years is a long time to hold any liquid asset"

Lifer eh.....Good luck, btw I would revise your selling date...UK plc will have already started it's stretch in the longest recession.
DYOR

SUF "One thing I found about holding Lloyd's Banking Group over the year's

When she moves she moves at pace"

Yes, which is normally down!
DOYR

https://www.bbc.co.uk/news/business-62431394

DYOR

Apologies posters there appears to some smelly noise emanating from my filter....

DYOR

katenip, i too remember the ERM episode that lead to dramatic increases in rates, 17% at one point. i had business and residential mortgage at 10% at the time; however for the past twenty years or so people have had easy credit and laughable rates, I

I see the bank had loosened the lending criteria to such an extent that some now qualify for a further 50k...DoH!
DYOR

USA grim, EU grim, Russia!......then we have China......https://www.scmp.com/topics/evergrande-crisis

DYOR

DYOR

I wouldn't rule out lloy divi's being stopped yet again, once the recession is officially declared as the repo's, defaults bite...!
DYOR

warns the UK will fall into recession this year..

https://www.bbc.co.uk/news/business-62405037

this will hurt...

DYOR

wasn't it Labour who to told Daniels to touch his toes, after serving up ****tails..? Then if i recall the Eu commission joined the orgy...
DYOR....

""Hell you can see as soon as the Tories came to power the SP absolutely tanked and has never recovered. Perhaps when Labour take over we might get the economy back on track ;)""

I don't nail my colours to the mast they are all nasty bits of work but i have to say......so the GFC had nothing to do with Labour..?
DYOR

https://www.bbc.co.uk/news/uk-politics-62058236

the coup failed so the resignations start and it probably smarts a bit. planned of course but will it go according to plan, yet to be seen.

so while the con's fall apart we edge closer and closer to a recession, sheeples rushing to sell houses, inflation predicted to to hit 11% if not exceed it. Ukraine, petrol prices, food etc.....

what next?

DYOR

88 with respect you are having a go at the wrong poster, yes the LittleFalker has history but this BB let the poster get away with it when he was ramping and sweating in his little Kiosk 24/7

just saying

DYOR...

..Pound slides to two-year low against the dollar.
https://www.bbc.co.uk/news/business-62053700
DYOR

Mr Nunn not telling us anything more than the average shoeshine boy knows...

"the next few quarters will be difficult"....
bless him, lol....

DYOR