Member Info for mick-b

Back to the 1970's and the gold standard, then!

Financial crisis 2008: How Lehman Brothers helped cause 'the worst financial crisis in history' On 15 September 2008 Lehman Brothers, the giant US investment bank, went bust. This was the moment when global financial stress turned into a full-blown international emergency.12 Sep 2018

LLOYDS was bailed out later by our Government.
So never say never
But lloyds has much larger capital reserves now....so much more UNLIKELY
Hope this helps PAUL

Central banks/governments/imf/world bank
this is gonna dwarf 2008 ....
its going to cost ...TRILLIONS

I know .
Lets head for the bat cave for booze up ....to forget about our lost dosh m8!!

CORRECTED BELOW...

Gold and platinum dive as investors dump liquid assets
https://www.ft.com/content/c1aa7d92-6799-11ea-800d-da70cff6e4d3

Explains the sudden UNEXPECTED crash of POG!!

UNEXPECTED crash of POG

Gold and platinum dive as investors dump liquid assets
https://www.ft.com/content/c1aa7d92-6799-11ea-800d-da70cff6e4d3

Explains the sudden expected crash of POG!!

31.6p low at the moment

Gold and platinum dive as investors dump liquid assets
https://www.ft.com/content/c1aa7d92-6799-11ea-800d-da70cff6e4d3

Explains the sudden expected crash of POG!!

and Germany too
But its limited to a few stocks for a limited period
Google it online for more!!

He HAS to support our businesses with hundreds of billions.....like other nations
Otherwise the banking sector will crash....with horrendous toxic loans!!

Another DEAD CAT BOUNE
LLOY heading down at some pace...down 5.5%

FTSE flat
LLOY down 4%
Dear me!!

AND Boris?

LLOYDS down 2% atm
FTSE 1.9% UP!!

SPX/dow futures up over 3% atm
uk/euro futures up around 4%
relief bounce and will it hold?

apparently,this trump statement,spooked yesterdays market.....https://www.dailymail.co.uk/news/article-8118521/Donald-Trump-says-economy-recession.html
.
the yank airliners have asked for a $60 billion bailout,bloomberg say.....
/

But will he match MACRON's strong support for French business announced yesterday....

Who offered reassurance to businesses, saying: "No French company, whatever its size, will be exposed to the risk of collapse".
https://www.bbc.co.uk/news/world-europe-51918596

Extraordinary measures as France declares war against this pandemic!
Hundreds of billions required to protect millions of jobs.

Will British Industry get the same support?
Or sunk leaving lloyds in a dire state?

FTSE futures now....
https://www.ig.com/uk/indices/markets-indices/ftse-100

TRUMP U-turn saying ....CV is BAD BAD BAD....

SH*T a 6-61P trade.
Gonna get course?