Member Info for Wids

J46
Wids
DC
DT
LTI

feel free to add yourself to the list

In others words, the money in your pocket is yours. In a bank till is theirs. All you have is a claim on it. If the bank doesn't honour the claim, .gov (tax payer) will. If the .gov doesn't - you're skint. Banks are iffy places, they got form - a history load - hence .gov guarantees

Hardup
Post the GFC prosecuting bankers for being reckless went to the HOL. The outcome was you can't prosecute for being reckless with your own money - I read the decision.

"When one puts money in a bank you are a creditor you no longer own it , they do ."

Correct! The HOL ruling confirmed the above.

Free markets are a thing of the passed. Free money is the thing of the present and into the future - it will make you reliant then compliant, bolt on government Digital coin to ice the cake, then your financial freedom will bite the dust.

Welcome to Global Elite Control

Greenspan indeed. The man has a lot to answer for. The modern creator of boom & bust and everything that comes with it - a pric of a Central banker and mentor to the ones that followed.

Try and undo.

," well short of consensus estimate of 750,000, unemployment rate 5.2%"

Transitory...lol

Who couldn't see that coming. The majority of data has been rolling over for weeks - peak data.

Forget taper, more and bigger money printing + NIRP = more madness.

DT
"You are a sad jealous little man - enough said"

Lol!

There's nothing to be jealous of a man with no life, and filled with his own self importance.

The old saying.....
If the US sneezes the rest catches a cold.

Now it's.....
If China sneezes, the US catches the cold.

China's credit growth has gone South - that will knock on into the global scene

John
The US and Chinese economies are rolling over from the Covid bounce - so will the rest. The next leg down has begun.

You've a gambling addiction don't you?..?? Obsessed with money and power.

It will never buy you a life, sense of humour or friends - how sad is that. Begin with shrugging off I'm the dogs b o!!ocks know all ex city banker image.

Your opinion only and no other will do - you definitely need some form of counselling.

"Even Jack Welch conceded that the policy was 'the dumbest idea in the world ever'."

Indeed. He should know...lol

Nothing "would" about it.

Did the previous buyback increase the SP? - No. A lot of punters got sucked into the belief it would - said before, better in the back pocket.

Certainly is a supply issue, a lack of common sense on your part - you're another in denial.

You and the Caribbean Clown are a right pair, completely understandable given your history.

LongTimeInvestor....very appropriate, don't you think?

SCB
I think there's a big miss between your lugoles - the data I refer to came out today.

Demonstrating being an idiot is amusing - another in denial.

You need to grow up sunshine, but I guess you've had to much of it recently, it's affecting your judgement.

Try some shark fishing and hope you come out the winner.

"Lloyds showing positive on opening, GLA."

"Lloyds is a bellwether for the UK economy
Good set of GDP figures out today the bank didn't need dividend or buybacks to get the share price to 80p"

Livestock
GDP q/q as expected. You missed the other data which came out m/m

Productivity - big miss
Manufacturing - big miss
Construction - big miss
Business investment q/q - big miss
Trade balance - big miss

That's the reality check. So if Lloyds is the bellwether of the above - then what? The US will dictate the direction if you haven't noticed, ignore their indices - follow their data.

TFE, last week the FED gave a press release for banks to raise capital ratios - trillion minimum.

The screw is being turned.

ST, short answer No. If you can't touch it, you don't own it - governments will see to that.

Theo, when the goodie bags and giveaways end, the freebies will become very expensive.

That's when the chickens come home to roost - that's on top of what you mentioned. Can kicking, but the can is now much larger.

US CPI Weds - market turbulence

They've already had a good day out - market turbulence

https://youtu.be/ZvEE3_mBzi8

"I have also observed our friend LTI has abstained for 3 days . He's joined scb in Caribbean ."

John
Yeah, he needed a break. He's Nick Nack SCB manservant....or maybe the other way round. My guess is they're into synchronized swimming?