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  • Bend over Limey!

    http://www.telegraph.co.uk/finance/e...bt-crisis.html

    Oh, Let it be!
    Mike

  • #2
    Re: Bend over Limey!

    it's April now


    He is talking about good old 1931 today
    This has echoes of Credit Anstalt, the Austrian bank that collapsed in June 1931, exposing the underlying rot of Europe's banks. It set off an earthquake across Germany and Central Europe. Contagion spread back into the Anglosphere, snuffing out the recovery of early 1931.
    The global financial order came crashing down. The Great Depression began in earnest.
    http://www.telegraph.co.uk/finance/c...es-errors.html

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    • #3
      Re: Bend over Limey!

      http://www.telegraph.co.uk/comment/c...ankruptcy.html

      Britan is borrowing half a billion £ a day!
      Mike

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      • #4
        Re: Bend over Limey!

        Originally posted by Mega View Post
        http://www.telegraph.co.uk/comment/c...ankruptcy.html

        Britan is borrowing half a billion £ a day!
        Mike
        And this cut and paste from the link - We think they will have to do more QE as recovery falters," he said. -Is a broadside from all cannons as they would have good and sound numbers to base that statement on I would expect.
        No confidence in the extend and pretend AT ALL.
        Can it be - a double dip ??? How bad is it ?

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        • #5
          Re: Bend over Limey!

          Well you know when the Prez of Poland's plane did a "double dip".....
          Mike

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          • #6
            Re: Bend over Limey!

            Originally posted by Mega View Post
            Well you know when the Prez of Poland's plane did a "double dip".....
            Mike

            I'm surprised the Telegraph left out 1610 and 1611 when Poland took Moscow and Smolensk (where the plane crashed)

            I wonder how the relations will be after the investigation is done.

            Air crash unites Poland and Russia after past torn by mistrust and war

            The Smolensk tragedy appears to have brought Poland and Russia closer together.





            Echoing widespread sentiment in Poland, Radek Sikorski, the foreign minister, praised Russia’s response to the crash. “The reaction of the Russian authorities has been exemplary. Paradoxically, I think it should improve relations between the two countries as Russians feel our pain.”
            It is a rare moment of togetherness for two nations with a troubled history. Tensions and mutual mistrust go back centuries, with disputes over borders in the Middle Ages giving way to deep animosity that took root in the 18th century and led to a series of wars.


            1772: Russia, along with Prussia and Austria, carry out the first of three carve-ups of Poland that would eventually erase the country from the map of Europe.

            http://www.telegraph.co.uk/news/worl...t-and-war.html
            After early Commonwealth victories (Battle of Klushino), which culminated in Polish forces entering Moscow in 1610, Sigismund's son, Prince Wladislaus, was briefly elected Tsar. However, soon afterwards, Sigismund decided to seize the Russian throne for himself. This alienated the pro-Polish supporters among the boyars, who could accept the moderate Wladislaus, but not the pro-Catholic and anti-Orthodox Sigismund. Subsequently, the pro-Polish Russian faction disappeared, and the war resumed in 1611, with the Poles being ousted from Moscow but capturing the important city of Smolensk (see Siege of Smolensk (1609–1611)).
            http://en.wikipedia.org/wiki/Polish%...2%80%931618%29

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