Dromedary Posted March 17, 2013 Share Posted March 17, 2013 Looks like the UK will be bailing out some of them. http://www.bbc.co.uk/news/uk-21820237 Once again taxpayer will be paying to bail out the rich. Link to comment Share on other sites More sharing options...
NorthernStar Posted March 17, 2013 Share Posted March 17, 2013 What happened to the Cyprus thread? Removing it has really clouded this thread, the mods can be really cacky handed sometimes. Link to comment Share on other sites More sharing options...
puisseguin Posted March 17, 2013 Share Posted March 17, 2013 What happened to the Cyprus thread? Removing it has really clouded this thread, the mods can be really cacky handed sometimes. Very true. It is incredible that you could have a thread a day from one poster about cheap rented accommodation, but start a thread on a worthwhile subject and it gets merged into obscurity. Link to comment Share on other sites More sharing options...
Waldo Posted March 17, 2013 Share Posted March 17, 2013 If you'd taken money out of the bank and bought gold 5 years ago; it would have more than doubled in value by now... http://www.bullionbypost.co.uk/gold-price/5year/ounces/GBP/ Link to comment Share on other sites More sharing options...
I1L2T3 Posted March 17, 2013 Share Posted March 17, 2013 Just reading more on the Cyprus thing and it is very scary. The initial demands by the IMF and some EU countries was for a 40% levy on Cypriot savings. Edit: link added http://www.belfasttelegraph.co.uk/news/world-news/nervous-cypriots-hit-cash-machines-29134513.html Link to comment Share on other sites More sharing options...
Anna B Posted March 17, 2013 Share Posted March 17, 2013 annab we need more people with these http://www.bbc.co.uk/news/world-europe-21818598 and be prepared to use them I wonder just how much more people can take. I'm amazed people haven't kicked off before now. ---------- Post added 17-03-2013 at 15:26 ---------- They can, stop paying your taxes en messe. Taxpayers have ALL the power if they club together. How do you top paying tax when it's deducted at source? Link to comment Share on other sites More sharing options...
tinfoilhat Posted March 17, 2013 Share Posted March 17, 2013 I wonder just how much more people can take. I'm amazed people haven't kicked off before now. Because alot of people don't have savings or pensions so they have nothing to go up in smoke. An awful lot of people are mortgaged up to the hilt and have car and/or credit cards as well. They probably won't give two hoots as long as interest rates remain low. Raise the base rates by 2% if you want riots. Link to comment Share on other sites More sharing options...
Anna B Posted March 17, 2013 Share Posted March 17, 2013 Because alot of people don't have savings or pensions so they have nothing to go up in smoke. An awful lot of people are mortgaged up to the hilt and have car and/or credit cards as well. They probably won't give two hoots as long as interest rates remain low. Raise the base rates by 2% if you want riots. I don't want riots, but you make a good point. However if that's the case they obviously don't realise how much they are really being affected with pensions etc diminishing and the money supply in such a mes. They need to take an interest. When it goes it will engulf everyone. Link to comment Share on other sites More sharing options...
I1L2T3 Posted March 17, 2013 Share Posted March 17, 2013 Because alot of people don't have savings or pensions so they have nothing to go up in smoke. An awful lot of people are mortgaged up to the hilt and have car and/or credit cards as well. They probably won't give two hoots as long as interest rates remain low. Raise the base rates by 2% if you want riots. This is so true. Like you say even modest interest rate rises will put a lot of people in trouble. It just illustrates how broken the economy is. Link to comment Share on other sites More sharing options...
quisquose Posted March 17, 2013 Share Posted March 17, 2013 A = Government B = People in debt C = People with savings Ironic that our problems are as a result of A behaving like B, and A thinking the solution is to penalise C. Link to comment Share on other sites More sharing options...
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