Member Info for Wids

Cashless society is a given. They'll be nothing left to touch or hold. Technology will remove the need for it. CBs will spin u a line, but the reality will be quite different.

Just print more. Cut rates to zero or lower. Let's do it all again, cuz the sheeple weren't paying enough attention in the first place - 2.0 version.

You need to borrow more, spend more, buy more stuff. Otherwise we'll need to stack it more, on runways, warehouse it, bung up the docks with it....c'mon peeps, you're letting the side down.

If you don't, it'll go teets-up, and all the perceived wealth with it.

Play ball.

The suckers are the first ten - soon to be one less.

Mind boggles

https://www.statista.com/chart/18794/net-contributors-to-eu-budget/

TFE, no rush. It will revisit 2018 year end imo, with a few news pops along the way.

Stagecoach, nothing new there. European banks have been technically insolvent for yonks and corporates.

Rates will go lower worldwide, not good for banks/financial institutions, impacting earnings.

It's a global issue, not solved by Brexit. We all live in the same doghouse - not good.

Print to infinity or Die - that was always the risk. The fix is long passed.

Good starter speech. Translated there's some balls on the table amongst other things - best not to loose em.

UT, I checked in to the BBC live. Nothing but blue flags waving everywhere - so checked out.

Should've known better.

Boomer the "bloke" as he discribes himself is a lost soul.

The only flags I see on the BBC are blue ones

That should fix things - MMT.

Desperate thinking by desperate Govs/Bankers. Marks the point of current economic thinking is reaching an end.

CTRL+P

Levis
Hint there among other reasons why bank stocks are being avoided. All shirts no matter how clean they are, will go into wash together.

Quite a bite of EUR data out this morning.

All forecasts are lower

Cheers calisto. I escaped French hospitalization and scrambled back to UK. Not that I've anything against the frogs - except the cheese.

Thanks Levi's

Yeah saw it last week. I thought I'd give the Doom&Gloom a break...lol.

It's a gonna.

But TBTF. Be interesting how the Germans, ECB handles it. Defo knocks-ons globally.

Me, I'd let it crash and burn. Moral Hazzard eliminated.

Aye up Pet, longtime no see!

How's life in the Emerald isle?

I'm recovering from a detached retina, so no travelling at the mo and bored ****less. Just pottering the garden and prized Dahlias.

You still twanging them strings?

Strange how the "fool" is a "fool" when articles are negative.

Not so "foolish" when recommending the stock.

At least this guy highlights the risks to some who think it's safe and risk free.

Emotions in investing, in itself is risky.

Shrimper
"I am sure like me we both seen our wealth considerly increase over the last 10 years "

It's not about you or I, or the few. It's about the many who benefit considerably less if at all with no assets. QE is a bubble blower and won't end well for any of us - inflate or die.

Crazy world

"in the last 10 years m8,all the critics have been proved wrong.
banks have survived the low rate environment and survived to make profits"

Receiving freshly created money (QE) at zero, parking it above zero, at zero risk, you'd be kinda dumb not making a profit.

Less than 10% hits main street, and the rest enriches Wall Street.

Hardly surprising they scream for more - which of course is on the way. Lower rates + QE4. The first 3 didn't work, perhaps 4 will?

US Earnings

With lower rates and NIRP on the horizon, banks will become europeanized.

In other words - basket cases. Europe is the window into the future regards banks, and we know their fcked. Lagarde will push for banning cash, backed up by the rest of the world's CBs.

These fckers are slowly wrecking the world. The sooner the sheeple wake up the better.

Crowcast - nowt!

Gate - the world should've been reset in 08 with a malinvestment bush fire, but no, they took the easy route.

If they had done the right thing, maybe Trump wouldn't be around today. Last stages of empire, as usual brought on by debt.