Can Peter pay Paul so Paul can pay Peter? - Page 2

jaysay · 24-12-2011, 10:02

Quote:

Originally Posted by Margaret Pilkington

This was not the point of what Gordon originally posted.
What he posted was about banks and non-existent money...a money go round......it is NOT about insider trading, or shareholder profits...it is about the illusory nature of banking.

Margaret your wasting your time, if he can't use the upper case tab on his keyboard, he sure as hell knows very little about anything else

cmonstanley · 24-12-2011, 13:46

banks and shareholders and dodgy trading are all related if you cant see that you know nothing about the situation we are in now.

Margaret Pilkington · 24-12-2011, 14:32

They might be related, but that wasn't what Gordon asked.........and you know that.

Gordon asked why he couldn't run his finances like the banks do...using non existent money....invisible assets.

Gordon Booth · 24-12-2011, 14:56

I said I hoped Mancie and cmon didn't see this!
I read up some more and the closing of the loop with the invisible money is quite elegant!
The banks have to provide security for borrowing the £489 billion so they buy Greek,Spanish etc bonds and give them to the ECB as security.
Greece, Spain etc default after the 3 year loan is up and don't pay anything back(so they're happy), the banks have made £73.5 billion profit and don't owe anything to anyone(so they're happy) and the ECB have up to £489 billion of worthless bonds(so they're not happy but it never existed anyway so what the hell!). The Germans have been given 3 more years to sort out taking over Europe so they're happy.
Everyone's happy!
Now how do I make it work for me and aren't you happy we're not in the euro zone?

Margaret Pilkington · 24-12-2011, 15:34

Yes Gordon......I'm ecstatic.

cmonstanley · 24-12-2011, 20:13

and who kept us out, yes gordon brown a correct decision by the former prime minister who years down the line will be fully appreciated instead of being treated like a leper. yes he did make some mistakes but whos perfect eh

Margaret Pilkington · 24-12-2011, 20:17

Selling the gold off was a mistake?????? A 54 billion pound mistake, that is some mistake....what about stealing the pension pots too...doubling the 10 pence in the pound tax rate(and this is the party that look after the ordinary folk...it was the ordinary folk he doubled the tax bill for...those on low incomes). get away with you mon.......keeping us out of the Euro was the only good thing he did.

cmonstanley · 24-12-2011, 20:28

were in agreement then

just pullin your leg.

merry christmas..

Margaret Pilkington · 24-12-2011, 20:31

Merry Christmas!

andrewb · 25-12-2011, 07:38

Quote:

Originally Posted by cmonstanley

and who kept us out, yes gordon brown a correct decision by the former prime minister who years down the line will be fully appreciated instead of being treated like a leper. yes he did make some mistakes but whos perfect eh

Labour would have had us in the Euro had it not been so politically toxic! Miliband (Ed) still refuses to rule it out!

cashman · 25-12-2011, 08:18

Quote:

Originally Posted by andrewb

Labour would have had us in the Euro had it not been so politically toxic!

Speculation is all yeh got! If me Grandma had balls,she would be me Grandad.

jaysay · 25-12-2011, 09:16

Quote:

Originally Posted by cashman

Speculation is all yeh got! If me Grandma had balls,she would be me Grandad.

Are ya sure

Acrylic-bob · 25-12-2011, 10:37

Quote:

Originally Posted by andrewb

Labour would have had us in the Euro had it not been so politically toxic! Miliband (Ed) still refuses to rule it out!

Actually, if Brown had not hated Blair, to the extent that he would do almost anything to spite him, we would be in the Euro now. No speculation, fact.

Cameron has ruled it out, full stop.

So it matters nothing at all what EdM either says, or does not say. He is destined never to rise any higher nor enter Downing Street as anything other than a guest of the current occupant - a fact that we must all give thanks for.

In any case, the euro, in its current form: diguised DMark, will not last the coming year. There will be a five speed europe and a two speed Euro very soon.

Acrylic-bob · 25-12-2011, 10:39

Quote:

Originally Posted by cashman

Speculation is all yeh got! If me Grandma had balls,she would be me Grandad.

If your Grandma had balls she would have been a national sensation and you would have been a good deal richer today than you are.

Mancie · 25-12-2011, 21:12

Quote:

Originally Posted by Acrylic-bob

Actually, if Brown had not hated Blair, to the extent that he would do almost anything to spite him, we would be in the Euro now. No speculation, fact.

Cameron has ruled it out, full stop.

FACT...the closest Britian has come to joining any EU single currency was when the Thatcher Government joined the ERM (European Exchange Rate Mechanism) the for runner of the Euro..and those without short memories or blue tinted specs will know the sort of damage that did to our economy.