Member Info for Wids

No thanks it shows. Your not the worlds greatest independent thinker - but there's always hope, not alot granted - always the optimist.

Troajan - CNBC is on - go watch it...lol

JMO, good luck with your misguided way of thinking

There's no winners in trade wars. Just losers and bigger losers. The bigger loser in the US/China ding-dong will be the US for all sorts of reasons. Even then Trump will hail victory. De-Dollarization is happening now, a weapon against the world bully will eventually lead to a bloody nose.

Higher rates, strong dollar all going against Trump. Yuan devaluation is a real danger to the US let alone buyers of US debt doing a disappearing act leaving the FED buyer of last resort - downhill here on in.

One year... Deuche - 32% Bnp - 24% Commercial - 27% Lloyd's - 8% Dare not look at others, but you get the picture. Not enough buybacks going on...lol Bigger picture and all that...wakey wakey time.

Dick Bove, sounds a genius...if a recession happens banks are dead. A recession or worse will happen. What will spark it is anyone's guess. Have no doubt it will turn into a debt crisis, consumer, corporate, and sovereign. CBs will have limited impact next time around. Assets will tank, liquidity will dry up and most likely be much worse and last longer than the financial crisis of 08. Today's buyback prices could look very expensive in the future, that goes for many corporates not just Lloyds. Buying at markets tops or near tops in overvalued markets won't end well. QE induced phoney growth will evaporate hitting bottom lines - then watch out below.

I've caved mate. Down to 4 stone, got the priest booked for this aftie.

Nothing in mine - empty, few ice cubes. I'm a gonna.

Taking some stick

Yes Jayfax, that's why De-Dollarization is happening and no coincidence why tarrifs are used against the countries involved in it in a big way. Dollar dominance is vital to the US, hence the bullying. Eventually the bully will be set upon by the bullied - game over.

Right. And no one saw that one coming? Stuff will become more expensive for the already cash strapped yanks on top of near 3% inflation, job losses, and production moving abroad. Nice one Don. I guess you won't be looking forward to the midterm elections, a rabbit hole maybe better. In trade wars there's no winners only losers, and no doubt Don the Dick will claim victory for his people. When it all filters through to the man on the street, he won't be happy.

And the US don't lie?...lol And nowt to do with Debt to GDP

JMO - of all the major fiats out there the RMB is the obvious one. The chinks have a shed load of gold and continue to purchase it. Will be ten years or more and loads of stuff to set up a reserve currency status - it's coming. In the meantime dollar dumping will gain pace.

Yes snige, just a matter of time.

Risk to the US. After 4 trillion $ in printed money over the last ten years - the chickens will come home to roost.

You're right in having 2nd thoughts.

Snige, not expecting anything either way tbh. It's all to do with news, events ect. We all have a cliff edge coming - Brexit or not. How you protect your wealth is another matter. Inflation is destroying it, people need to wise up

Hope so......playing some good stuff.

Snige, not long ago you were talking of rate normalisation. Now you talk of recession if rates go up further. Exactly my point at the time. Also the EU @ zero and QT are in a worse position than the UK when TSHTF there.

You were right about the Rams being stuffed by Leeds