Member Info for Wids

A depression is on it's way. Economies are in bad shape shape, they were before Covid. Asset prices will deflate, companies will disappear down the debt plug hole - there is no easy fix. You're talking decades for a recovery, printing money is no cure - never was or will be.

Excesses due to cheap money and QE blew the debt bubbles -the party is over, get used to it.

Markets will follow the economies, the trend is down hereon in. What was is history, it isn't coming back. If you want to lay the blame, that's easy - they operate in pairs.

Christ Almighty......

https://youtu.be/--pwI4E9tsk

Lol

Good thinker. Don't have a skin full, if you do, swop the mattress.

Daytradenovice

Lot to be said in withdrawing or reducing your cash. As for the bank lending out your money to others - it's not your money once deposited. That's fractional reserve banking and biggest creator of money - inflation.

A twist in a different place - then a punch on the conk. That'll make his eyes water.

Shrimper, their ears haven't been twisted enough - yet.

You're dealing with fck you, we're not all in this together - what a surprise!

Not unexpected.....well, analysts perhaps.

-701k actual
-100k forecast
275k previous

ERV, you know and I know the data out of China is carp. The death rate is multiples of. The origin of source is suspect. The actions of the Chinese gagging and removing data, paints its own picture.

Dow taking the elevator down.

Spanish unemployment rocketed 9.3% m/m

Shocker! 6.6 million up from 3.2 million m/m

"And Govt would never allow it to fail so long term cannot go wrong"

Good luck!

Indeed TFE. Life can change on a Tanner. All the best to your bro and a good outcome.

John, yeah well, not normal times we live in. You don't need a common sense degree to know a lot of bad stuff coming down the tube in the near future.

Safeguard the financial stability of the greater unknown should be the first responsibility of any board. Part emptying the cash till now could have severe consequences down the road in more ways than one - Connect the dots. Pressure from external sources is code language for the obvious.

Bwtfdik

Off again snige. The article called for Britians to pick the stuff. You're like something inside a fridge - out of date.

Macro picture/data is not good. World economies burdened with debt. Rates at Zero. Growth at Zero. Printing to infinity. Inflation going to skyrocket.

That's the future, the reality - stagflation. L shape recovery, will take years to clear out the malinvestments, the rot, over leveraged. In the meantime MMT will slow the collapse, deminish purchasing power on any fiat gains.

Alternative?

Now snige, get it into your head I'm not a trucker, never was, or will be - clear enough?

You'd win gold medal in a moaning competition, moan moan moan. Now go and clean the solar panels without moaning....geez.

Is that so snige. Boring or not given the choice they would prefer being at home out of harm's way - like you? Instead they're supplying the grub in your belly with fewer of them. You'd be the first fcker to complain whinge and moan, if there were nowt on the shelves - right?....but then what's new.

Playing their part. Crossing the channel backwards and forwards keeping the nation's going - fair play to them.

https://youtu.be/tKHAZhHfPrU

Lol