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swimfeeders
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15-08-2017, 07:01 AM
21

Re: People reject May as Prime Minister

Hi

She will not be having a good time this week.

Her No Deal is better than a Bad Deal has morphed into Please Mr Juncker, can you do us a favour, we aren't ready to leave yet.
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Muddy
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15-08-2017, 07:04 AM
22

Re: People reject May as Prime Minister

Trouble is we are not two years is no time at all.
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Puddle Duck
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15-08-2017, 08:54 AM
23

Re: People reject May as Prime Minister

Originally Posted by Muddy ->
Everyone goes on about GB selling the gold but in actual fact gold is a wildly fluctuating currency .
I don't know what he did with the funds thus raised but he didn't have a crystal ball and couldn't foresee that 12 years on gold would rise .
I'm not sure that keeping goldreserves makes any difference to anything anyway.
The difference was that he stupidly 'announced' his intentions way before, therefore it was an artificially low price. It is also written that he used it to bail out a 'globally significant US Bank' .
Now that wouldn't surprise me, he seemed to do a lot of that .
Expensively paid for by the British public
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Muddy
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15-08-2017, 08:57 AM
24

Re: People reject May as Prime Minister

The government did bail out British banks who went under
Would you have wanted lots of people to lose their life savings ?
Most effected were pensioners who could never make up that money .
Purwell
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15-08-2017, 08:59 AM
25

Re: People reject May as Prime Minister

I understood that the money raised by the sale of that gold was invested in foreign currencies.
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Puddle Duck
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15-08-2017, 09:00 AM
26

Re: People reject May as Prime Minister

Originally Posted by Muddy ->
The government did bail out British banks who went under
Would you have wanted lots of people to lose their life savings ?
Most effected were pensioners who could never make up that money .
I didn't say the Government didn't bail out British Banks but the likes of Goldman Sachs is a slightly bigger fish .

Are you saying you accept that as being perfectly ok ?
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15-08-2017, 09:02 AM
27

Re: People reject May as Prime Minister

Originally Posted by Purwell ->
I understood that the money raised by the sale of that gold was invested in foreign currencies.
You may well be right

http://www.bbc.co.uk/blogs/thereport...don_brown.html
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15-08-2017, 09:07 AM
28

Re: People reject May as Prime Minister

Originally Posted by Puddle Duck ->
I didn't say the Government didn't bail out British Banks but the likes of Goldman Sachs is a slightly bigger fish .

Are you saying you accept that as being perfectly ok ?

No I am not saying that because I don't know the ins and outs of the financial world situation at that time
Gordon Brown must have had some reason that he thought was right .
Possibly the collapse of the world banking system I don't know but I doubt he set out to ruin the country .
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15-08-2017, 09:11 AM
29

Re: People reject May as Prime Minister

Hi

We could have just bailed out the retail side of banking, the bit where our wages and savings go.

To my mind that would have a sensible thing to do.

Instead we bailed the lot out, the biggest transfer of public money to the private sector ever.
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15-08-2017, 09:15 AM
30

Re: People reject May as Prime Minister

I know it hurts especially when the bankers were/are getting huge bonuses but still was it the right thing to do?

https://www.theguardian.com/commenti...-save-world-uk
 
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