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The Dam is about to burst!

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  • The Dam is about to burst!

    Captal one just sacked off 750 of its workers, BOE likely to cut on Weds, but the Banks say they will NOT pass on the cut..........infact they are going up!

    The BOE has lost control of rates!!!!!

    Over 2 million took out short term VERY low rate loans that are going to reset this years.........it LOOKS like they atlest have to double the payments....add to that that our "Beloved" goverment just put the basic tax rate up from 10 to 20% !

    Then factor in gas/eletric/petrol prices not to forget FOOD as well................Tonight on the 6 o'clock news on the BBC our "Beloved" PM tried to waffle his way though......."Its all America's fault....World events"........I seem to remember Roger Bootle (BOE comttee) that ALL this would happen......he warned him in 2004!!!!!!!

    Almost EVERY British news paper has a front page telling everyone their homes are about to drop BIG time in value......Million will be in negative E!

    Oh Shit......you can smell the fear..........the sheep have awoken......the Fat lady is singing.........
    Mega/Liverpool

  • #2
    Re: Fear grips Britian!

    Perhaps the angry masses will destroy all of those ridiculous big brother cameras

    I wonder if shorting the British market might be as profitable as shorting the U.S. market.

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    • #3
      Re: Fear grips Britian!

      Originally posted by tombat1913 View Post
      Perhaps the angry masses will destroy all of those ridiculous big brother cameras

      I wonder if shorting the British market might be as profitable as shorting the U.S. market.
      My magic 8-ball says yes.

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      • #4
        The Dam is about to burst!

        http://www.bloomberg.com/apps/news?p...ovA&refer=home

        So it begins!
        Mike

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        • #5
          Re: The Dam is about to burst!

          come on! So a close to BK county meets with the fed! This government will find some way to bail out localities and screw the american taxpayer again! I'm so tired of this story line!

          Everytime this site (which I love reading) says "it's about to happen". Benny and Pauly pull some crap out of the hat that staves off the crash. Enough already! we need to get this message to the sheeple via MSM. Then things will happen.
          RanMan :cool:

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          • #6
            Re: The Dam is about to burst!

            Originally posted by Mega View Post
            Similar to some Californian cities from a month ago. Has Vallejo declared bankruptcy yet?
            Last edited by rj1; April 10, 2008, 09:38 PM.

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            • #7
              Re: The Dam is about to burst!

              Originally posted by GeraldRiggs View Post
              we need to get this message to the sheeple via MSM. Then things will happen.
              Agree 100% - but how do you propose to do it? What MSM venue will run anything that negatively affects the major corporate sponsors? Adbusters just lost a legal battle it initiated for being denied airtime it was legitimately trying to purchase from two Canadian television stations. What ever your opinions on the Adbusters ideology, this still doesn't look good for contrarians.

              One alternative is to get subversive. But how many underground subversive groups affect populations on a large scale?

              J

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