Member Info for Wids

"Sorry, but the Government publicly announced some years ago that no bank is TBTF. They learned from 2008. Bail in means your shares go for zero."

They did......until the TBTF do fail, maybe more than one. My view is if they fail, that's it! as it was in the past. Reality will be bailout and bailin

Morning TFE
Always well capitalized according to models, until the next credit event. The one they didn't see coming - hidden ones.

Throwing easy or easier money at problems doesn't fix problems, it creates bigger holes - growth will come with a healthy consumer, that's a long way off.

"Government no longer have the need to worry about a bank collapsing, they haven't had to for years. The legislation is in place to bale in rather than bale out. So, if a bank goes bust, kiss your shares goodbye."

Small banks yeah....but TBTF banks?.....I doubt that.

More mal-investment more subprime, more risk taking in an already risky world - rinse repeat.

Smacks of desperation, what could possibly go wrong - Big Bang Bust.

Anyway, you don't have to own the shares

You drug dealing the mexi beaches Shrimper?

Stage
Sunak now on borrowed time, don't rule out a snap General Election in 2023."

Snap election or not, it will fix nothing. It's a global problem caused by you know what.

An election whenever it occurs, you can bank on more promises, more handouts, more bailouts, more free cheap money, more of whatever it takes to gain power.

Whatever it takes - except take it on the chin. More of the same I'm afraid, and the biggest thing they can't control, which is the biggest thing making up GDP.....well, they're on the case to control that too.

Desperate times desperate measures.

Shrimper

You need some fresh tea leaves.

You're in a bear market rally, the next major leg down is coming in the new year

ERV morning
Yes you could say that. Brixton salt of the earth.

How's things with you?

"Today's topics should be football, sex, & maybe Lloyds, money and finance."

Drilling down a bit, so it's England, Diane Abbott, and how much it will cost - I'll plant the Tulips.

TFE
"Gas futures for December currently…
UK € 117 per MWh.
EU € 128 per MWh.
Just saying."

Any chainsaw price comparisons?

Southend Utd v Argentina should be interesting

High gas bills in Germany and rest of Europe is down to Brexit - didn't you know lads?...../sarc

Morning Theo
My passport was 2 years old, the French trashed it with stamps, now on a new one with additional pages. Did I care?not a bit. Good coms, customs agents and your off to the races. The resentment in EU land that the UK fcked off is still there, but who cares, life goes on.

When the serious bickering starts, expect more blue passports on the horizon - inevitable.

I wouldn't share my chainsaw - would you?

Theo
Puppets controlled by Muppets?

"Brixton

Now its payback time !

The Tories have nothing to show for 12 years in power except for low economic growth, austerity and a divided nation."

SC
Sounds to me you're describing the whole world.

And the fix is?

The BOE will announce a hose pipe ban to reduce liquidity.

Damage is done, waiting now for the economic/financial destruction making it's way down the pipe.

It's not just the French. I and a few others were caught up in a Belgian police sting operation, looking for people traffickers on the border. All dressed in black masks, flash lights in your face, all tooled up - hands in the air and all that crap. Looking for engines and boat parts, 2 way radios, to contact migrants. Still, nice fellows once I convinced them we were whiter than Persil, even escorted and help load the fags.

The Intel was interesting..... very.

Bandit alley

Don't break it down country by country for foxsake, the UK HPI was bad enough. Christmas cancelled, bbq at Dover best on offer /s

"And your money will be date and time stamped with the ability to put on an expiry date - use it or lose it."

Old news. Spoken and talked about on here years ago.

Strange as to why Sunak has scrubbed his Goldman Sachs and hedge fund career from his LinkedIn profile - odd, but maybe not.

Indeedy Shrimper. Too fit and fast for an ageing tired Liverpool.