Credit deflation and the reflation cycle to come (part 5)

[Funn3r]

1 hour ago, No One said:

Yes but Bitcoin is not used for payments

You're kidding right? 

[King Penda]

5 minutes ago, Democorruptcy said:

It's seemed a bit property porn to me, in more recent years.

No more like if the system ie 1 entitie gets control 

[No One]

1 minute ago, Long time lurking said:

IS the 23% fuel duty increase or whatever it equates to now ,still on the table ?

IDK, Im trying to find the budget on google, wasnt it due today?

Just now, Funn3r said:

You're kidding right? 

no

[headrow]

Bought Lloyds , Phoenix Group , HICL Infra and Ninety One at the close today.

 

Should get me another 10 dividends .

[No One]

 

 

[No One]

 

 

[MrXxxx]

5 hours ago, Lightly Toasted said:

so perhaps the book is making a false argument along the lines is "there is no difference because the difference was caused by luck.

Perhaps a better word would be 'chance' i.e. right genes/mutation, at the right time, in the right place/habitat?

[MrXxxx]

4 hours ago, Underwhelmed said:

bought for £1 but didn't have time to go through the books so any toxic shit, could be millions or billions, will be borne by the UK govt ie taxpayer bailout 

All seems a bit deja vu...So whose going to take over who, HSBC takes over Virgin, or Virgin takes over HSBC?....

[Long time lurking]

This has to be a front running exercise ,regarding XI`s visit to Moscow next week  

Now we know why the press has been full of  China man bad stories in the last few weeks ,the fact that Sunack issued suck an attack today is very telling ,as they seemed to have been skirting around the issue 

 

[Long time lurking]

27 minutes ago, No One said:

IDK, Im trying to find the budget on google, wasnt it due today?

no

Wednesday i thought 

[MrXxxx]

1 hour ago, Alifelessbinary said:

The greater concern comes from risk relating to my investment accounts, as they have lower limits

?...I thought these were the standard £85k as well?...what are they then?

[PETR4]

4 hours ago, Underwhelmed said:

bought for £1 but didn't have time to go through the books so any toxic shit, could be millions or billions, will be borne by the UK govt ie taxpayer bailout 

I think HSBC got a great deal there.

They got access to the (not as high as yesterday) high net worth individuals for their private client division. Any shitty bonds can be sold back to their US division and then traded for face value at the Fed discount window. Any small start ups that do ok will be a nice little earner and if anything goes intergalactic then trebbles all round

What's to dislike?  

[PETR4]

3 minutes ago, MrXxxx said:

?...I thought these were the standard £85k as well?...what are they then?

https://www.fscs.org.uk/what-we-cover/investments/

£85k

The FSCS is one of the good guys. And it's paid for by the banks, not the tax payer.

[MrXxxx]

BREAKING NEWS

Now I am not one to start rumours, but I have been reliably informed today that the SVB collapse wasn't as a result of a depositor 'run', but was actually due to one of the Dosbods community [who will remain nameless] buying some shares last Thursday.

FYI, I understand he/she is contemplating buying further Banking Sector shares of a former colony Worldwide bank again this Thursday, so you might all want to buy Centrica instead! :-)

[MrXxxx]

6 minutes ago, PETR4 said:

https://www.fscs.org.uk/what-we-cover/investments/

£85k

The FSCS is one of the good guys. And it's paid for by the banks, not the tax payer.

Thanks, so its as I thought. I assume they change it to be the same as the High Street banks/BS when they raised the limit from £75k due to changes in the value of the Sterling/Euro exchange rate.

[leonardratso]

1 minute ago, MrXxxx said:

Thanks, so its as I thought. I assume they change it to be the same as the High Street banks/BS when they raised the limit from £75k due to changes in the value of the Sterling/Euro exchange rate.

i thought they dropped it to 85K from 100K, or am i going senile(r).

[Long time lurking]

 

[Long time lurking]

 

[ashestoashes]

42 minutes ago, PETR4 said:

I think HSBC got a great deal there.

They got access to the (not as high as yesterday) high net worth individuals for their private client division. Any shitty bonds can be sold back to their US division and then traded for face value at the Fed discount window. Any small start ups that do ok will be a nice little earner and if anything goes intergalactic then trebbles all round

What's to dislike?  

they'll never see that pound again

[MrXxxx]

30 minutes ago, leonardratso said:

i thought they dropped it to 85K from 100K, or am i going senile(r).

No, although it gone up and down several times i.e. £10k>£50k>£85k>£75k, and now £85k

https://www.theguardian.com/money/2016/nov/21/fscs-protection-revised-back-to-85000-bank-of-england-brexit

Whilst looking for this last change though I found this webpage that may be useful to other Dosbodders, as it has information for all protections, and not just savings:

https://www.fscs.org.uk/what-we-cover/

[Democorruptcy]

1 hour ago, No One said:

 

 

I remember US Regional banks getting a good word in here, this time last year.

[stockton]

57 minutes ago, MrXxxx said:

BREAKING NEWS

Now I am not one to start rumours, but I have been reliably informed today that the SVB collapse wasn't as a result of a depositor 'run', but was actually due to one of the Dosbods community [who will remain nameless] buying some shares last Thursday.

FYI, I understand he/she is contemplating buying further Banking Sector shares of a former colony Worldwide bank again this Thursday, so you might all want to buy Centrica instead! :-)

On a serious note at what price would the hive mind consider buying some banks in the bloodbath?

[leonardratso]

6 minutes ago, stockton said:

On a serious note at what price would the hive mind consider buying some banks in the bloodbath?

About  £1.

[No One]

39 minutes ago, Long time lurking said:

 

 If the other guy doesnt make a face like this I will go with his opinion over hers.

18 minutes ago, Democorruptcy said:

I remember US Regional banks getting a good word in here, this time last year.

oh yeah, I forgot about that

[Phil]

1 minute ago, No One said:

 If the other guy doesnt make a face like this I will go with his opinion over hers.

Faux Indian and beer drinker ( alcoholic, deranged bitch) Cannot be trusted