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UK Calls Financial Summit

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UK Calls Financial Summit

Unread postby roccman » Tue 18 Dec 2007, 22:30:49

Ahh...yes the summit...

It is all down hill from here.

$this->bbcode_second_pass_quote('', 'W')hile liquidity injections keep the corpse of the financial system on a life-support scheme, the general insolvency of the system cannot be cured. An extraordinary summit of the heads of state and government of Britain, Germany and France has been called by Gordon Brown during the first two weeks of January, in London, to address the financial crisis.


Wonder if this is what Bush meant by "clouds forming" today??
"There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
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Re: UK Calls Financial Summit

Unread postby kadoomsoon » Wed 19 Dec 2007, 00:00:01

Hey, thats a funny!

A cheaky, peaky, summit!

Peak economic summit has been hit, ding ding ding.

Well, we know the first two weeks of January are going to be fine anyway... they wouldn't collapse the economy whilst in the midst of a meeding, eh wot?

Moon Gordon brown.

December 18, 2007 (LPAC)--The European Central Bank (ECB) announced today the latest unprecedented move, probably destined to be unprecedented until tomorrow. As part of the deal struck by five central banks last week, unlimited amounts of short term money are being made available to any bank, at the cheapest possible rate of 4.21%. This is bare 21 points above the European official interest rate, and way below the interbanking rate which has recently been around 4.9%. The Financial Times reported that the ECB expected a demand for the two-week money of Euro 260.7 billions, but by mid-afternoon they were reporting that Euro 348.6 billion - $502 billion - had been grabbed up.

These guys are crooks, they are basically counterfeiting for themselves.

I could use some too!

Awe, why don't they ever give me some too? That's not fair.
Last edited by kadoomsoon on Wed 19 Dec 2007, 00:18:23, edited 1 time in total.
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Re: UK Calls Financial Summit

Unread postby kadoomsoon » Wed 19 Dec 2007, 00:07:22

It don't bother me nun.

We are totally immune. Own nothing have no credit cards.
ow early, I figure with 100% inflation our cash should last till the banks will fail .
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Your relatives,their broken down car, and their credit card debt are coming to live with you in 2008
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