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UK next

Comments

  • #2
    PhatPiggins
    Registered Users, Registered Users 2 Posts: 4,881 ✭✭✭PhatPiggins


    Crap article but the forum posts below it are worth a read


  • #3
    beagle001
    Closed Accounts Posts: 764 ✭✭✭beagle001


    Uk sitting on a 3 trillion debt mountain,they are making ruthless cuts to their public sector and have the ability to devalue their currency.
    Biggest problem in the UK is all it really provides are services and not much else,where do they go from here I think all the European countries are fudging the matter and very soon we will see an armageddon style financial meltdown with a year one scenario at the finnish line.
    Its the only way that a major event can kick start it back into line,USA screwed,EU screwed and when these all sink we take China with us maybe the bickering in the USA around the debt ceiling has an ulterior motive.


  • #4
    Debtocracy
    Registered Users, Registered Users 2 Posts: 208 ✭✭Debtocracy


    beagle001 wrote: »
    USA screwed,EU screwed and when these all sink we take China with us maybe the bickering in the USA around the debt ceiling has an ulterior motive.

    I think China will experience a major recession but will be able to grow itself out because the level of debt saturation is low relative to Western economies.


  • #5
    Dale Parish
    Registered Users, Registered Users 2 Posts: 894 ✭✭✭Dale Parish


    They had it worse in the 70s.


  • #6
    Hal Emmerich
    Closed Accounts Posts: 2,078 ✭✭✭Hal Emmerich


    Who's next?

    THE WORLDDDDDDDD.:rolleyes:


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  • #7
    motherriley
    Closed Accounts Posts: 128 ✭✭motherriley


    Surely it could not be overlending by banks that is doing this to the world...

    There must be other reason for this meltdown...:eek:


  • #8
    View
    Registered Users, Registered Users 2 Posts: 3,872 ✭✭✭View


    Hal Emmerich wrote: »
    Who's next?

    THE WORLDDDDDDDD.:rolleyes:

    Well, the financial speculators on Venus and Mars are convinced that Earth just can't pay its out of this mess and that we all be need to be stocking up on baked beans and ammo for the aftermath of the global financial crash. :)


  • #9
    Tora Bora
    Closed Accounts Posts: 1,258 ✭✭✭Tora Bora


    We shoudd'a listened to the Bull McCabe, and bought a few fields.

    [Embedded Image Removed]


  • #10
    View
    Registered Users, Registered Users 2 Posts: 3,872 ✭✭✭View


    Tora Bora wrote: »
    We shoudd'a listened to the Bull McCabe, and bought a few fields.

    [Embedded Image Removed]

    We did, that's what the property boom was - a Ross O'Caroll-Kelly/Dustin the Turkey modern version of "The Field" only with everyone killing themselves to get their hands on "investment properties" instead. All we need now is the grande finale with the hero driving a fleet of "Dalkey Tractors" off the nearest cliff for a dramatic finish to it all...


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