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Shagpile
This is Ma' Life!
Joined: 03 Jan 2006
Posts: 794
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 Posted: Sat Mar 14, 2009 12:32 pm Post subject: |
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| azzuri wrote: | | Don't worry, I don't trust futures or paper gold. It's physically allocated gold being held me for in a vault in Zurich. If I ever need to, I can turn up and demand it... |
If you need a hand to carry it, give me a shout. 
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azzuri
'Our Scotland' Fossil
Joined: 12 Sep 2005
Posts: 4291
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| Posted: Sat Mar 14, 2009 3:02 pm Post subject: |
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| Shagpile wrote: | | azzuri wrote: | | Don't worry, I don't trust futures or paper gold. It's physically allocated gold being held me for in a vault in Zurich. If I ever need to, I can turn up and demand it... |
If you need a hand to carry it, give me a shout. |
Mibbe need a finger, there's no that much! 
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"Gordon Brown mistook a glut of cheap money and a global bull market for his own administrative genius. In so doing, he wrecked the economy. Had the Prime Minister been running a company, instead of a country, he would be facing an inquiry into allegations of criminal negligence." - Jeff Randal
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Possibly the funniest site in the world, 'The Daily Mash' - http://www.thedailymash.co.uk/ |
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Shagpile
This is Ma' Life!
Joined: 03 Jan 2006
Posts: 794
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| Posted: Sat Mar 14, 2009 3:56 pm Post subject: |
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| azzuri wrote: | | Mibbe need a finger, there's no that much! |
Maybe enough to merrit a half litre or two... some nice pubs in Zurich.    |
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Scott2006
This is Ma' Life!
Joined: 10 Oct 2006
Posts: 663
Location: Outside Glasgow
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| Posted: Mon Mar 16, 2009 11:57 am Post subject: |
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see Tuesday, March 10, 2009
Pearl Harbour Economics
http://burningourmoney.blogspot.com/
This uses figures from the IMF to predict rising government debts worldwide for the next 40 years... from 100% to 250% of GDP.
But the real problem is the age-ing population
| Quote: | According to the IMF, for the UK, the net fiscal cost of our Pearl Harbour will be about 30% of GDP, or around £500 bn (net present value).
That's bad enough, but it pales into insignificance compared to the cost of our ageing population. That comes in at an horrendous 330% of GDP, or around £5 trillion in today's terms. Or £200 grand for every single household.
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(but the site does an English nationalist anti-Scottish bias see
Wednesday, March 11, 2009
Burned By The Scottish Banking Crisis )
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http://www.statistics.gov.uk/instantfigures.asp
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Scotland deserves a First rate Parliament for a First rate People
The Scottish Parliamentarians who voted for Treaty of Union in 1706 and signed away Independence had been voted for by less than 2% of the Scottish population
Last edited by Scott2006 on Fri Mar 27, 2009 5:11 pm; edited 1 time in total |
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Reluctant Hero
Jim Baxter is God...........really!!!!
Joined: 17 Sep 2005
Posts: 3180
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Shagpile
This is Ma' Life!
Joined: 03 Jan 2006
Posts: 794
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| Posted: Thu Mar 19, 2009 6:13 pm Post subject: |
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| Quote: | | Indeed, Chancellor Darling has recently distanced himself from suggestions that a further splurge is likely in the Budget - given where the public finances are now, that would just raise even further questions about the long-term outlook for debt, taxes and spending. The Government has been hamstrung by its past inability to plan properly for the future," he said. |
Exactly. |
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Lord Pitsligo
This is Ma' Life!
Joined: 14 Aug 2007
Posts: 709
Location: Perthshire
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| Posted: Thu Mar 19, 2009 6:14 pm Post subject: |
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| Reluctant Hero wrote: | | Govt spending hits record high. There may be trouble ahead..... |
Woah! Way too optimistic 
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Caledonia's been everything I've ever had...
Possibly the funniest site in the world, 'The Daily Mail' - http://www.dailymail.co.uk
If it wasn't for my avatar, you wouldn't be reading this... |
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Reluctant Hero
Jim Baxter is God...........really!!!!
Joined: 17 Sep 2005
Posts: 3180
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| Posted: Wed Mar 25, 2009 11:52 pm Post subject: |
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| Lord Pitsligo wrote: | | Reluctant Hero wrote: | | Govt spending hits record high. There may be trouble ahead..... |
Woah! Way too optimistic |
Maybe this is the first few signs of that trouble.
The treasury have failed to auction off all their govt bonds.
http://news.bbc.co.uk/1/hi/business/7963815.stm
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Reluctant Hero
Jim Baxter is God...........really!!!!
Joined: 17 Sep 2005
Posts: 3180
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| Posted: Fri Apr 17, 2009 10:06 pm Post subject: |
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Sign of things to come - George Osborne - Chancellor Elect - has big plans on big spending cuts. He has rejected tax rises though. I simply cannot believe that. The way Britain's finances are in, tax rises are inevitable I would think.
Save the announcement for after the election though
http://news.bbc.co.uk/1/hi/uk_politics/8004340.stm
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