encodeme

I think Gordon did well to re-finance the banks...at least there are some strings attached. However some of his other measures are sound-bite headline grabbers that will not make much difference.
I should have realised, that when he sold off the gold reserves at the bottom of the market he wasn't the prudent Chancellor that he claims to be.
I'm not sure though if there are many others out there who can improve on the position he has placed the UK in.

Dick Dasterdly

You mean knee deep in the "Brown" stuff.
Doubt if this generation will be around long enough to pay off his debts so he probably won't worry too much about it.

sagalaut

A possible solution?
On the 20th Jan next year our friend George W will be out of a job.
Why not offer him the job PRESIDENT OF EUROPE?
With in days the euro will collapse!
Problem solved.

bigglesworth

The really scarey part of Gordo "re-financing" the banks (although in truth, he didn't, we did) is that it rapidly became apparent that despite 10 years at No 11 he didn't know where banks get their finance from when he did it! He thought they got it from the Bank of England! Now just how scarey is that?

bigglesworth

Roger Bootles view of sterling. He has been a consistent bear for several years.
IMHO always worth listening to
http://www.telegraph.co.uk/finance/c...-continue.html

Beachcomber

Panorama this evening at 9.30pm (CET) is about the economy. I can't stand Robert Peston's style of delivery but there is no denying he knows his stuff. However, this is the same time as the second half of Coronation Street so I suppose it will be 'No Contest' for most people.

bigglesworth

Thanks again Beachcomber, I hadn't noticed. Wow, are you on a roll today!

poshnbucks

Get a Skyplus box or freeview/freesat recorder problem solved. watch one/tape one

bigglesworth

A semi expats view of sterling future
http://www.timesonline.co.uk/tol/com...cle5380038.ece

Rocky Balboa

SNIP.... because of this.

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bigglesworth

Rocky
A reasonable analysis I think.
The bit it perhaps ignores is that in this the German public are unlikely to accept "Quantitative Easing". They have suffered hyperinflation once before and as now the most liberal nation in Europe are all too aware of the potential risks. So I think they will run the risk (which in my, and their, opinion is more apparent than real") of the deflation Gordon keeps threatening us with. And anyone in the last 60 years who bet against the economic expertise of Germany lost every time.
So I think Sterling is a buy here, just as i think the stockmarket is.

Sue

Rocky Balboa, Can I ask, where did you get that information, was it copied from elsewhere, if so can you quote the source please?

Mitzyboy

As I type there is an article on SKY news finally recognising Ex Pats dilemma in the current market.
They are talking to a blogger who said its not as bad as people make out

jackytoo

Yes, saw it. They actually showed the Why are you leaving Spain thread. The Blogger talked a load of crap though.

Lis48

Large parts seem to be from here, but euros have been substituted for Egyptian pounds.
http://www.moneycorp.com/headline_mail/EGP_MC.html
Amazing what you can do with a bit of cut and paste!