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I agree, a bad idea and will do nothing other then mast the reality at LLoyds. Bought RBS at 29p and even following the share consolidation the share is still trading below pre consolidation price!
A little dicky bird in Plymouth has informed me 6 well tested mobile crushers are heading to the mine in the very near future! If true is it not fair to say throughput will increase massively-especially in-light of the problems with the fixed crusher being the main cause of failing to date?
The problem with the UK is twofold...Not normalising interest rates as soon as practically possible meant the government took 164 billion out of the economy instead they indebted the system with QE. If you were then to take into consideration the money the government has taken out of the system in benefit cuts, services to HM and councils amounting to billions know wonder the UK is failing. Lets use benefits cuts it was always known for every pound given out the government got back roughly 70% in taxes leaving a net 30% loss only. The returns came back in the way of taxes. Carney has nowhere to go ow should we hit a down turn leaving us in a very precarious position.
The sooner the EU reverts to national currencies and is set free of German control- Britain will thrive. Until that moment democracy will be nothing but a byword for federalist control.
The truth of the matter is EU enlargement only every benefited Germany giving her captive markets...Secondly, Both Greece and Italy would not have the economic strife if they had retained their own currencies. The exchange rate mechanism showed clearly how things went seriously wrong when you try to peg currencies- In our case it nearly broke the Bank of England and led to Soro's becoming a billionaire. Keeping the value of the Euro low helps German goods-therefore the economy be seriously undervalued making her goods cheaper abroad. This is why i voted for Brexit to not be controlled by a centralist elite who are no more then puppets of a federalist Germany....As for dividends still no payout on my Lloyd's platform ur!