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The Economy

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Rudi Hedman Flag Caterham 18 Jul 19 1.10pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by ex hibitionist

please don't use the royal we, correct, the sooner you Brexit the better

Are you emigrating to court jester country?

 


COYP

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.TUX. Flag 18 Jul 19 8.27pm

Originally posted by Midlands Eagle

I'm involved in the commercial finance industry and many of the banks and finance companies that I deal with are complaining of a lack of enquiries as they have plenty of money to lend.

Commercial finance brokers also complain about a lack of companies wanting working capital for expansion too

Funny how they never said this 10yrs ago.
They kept all the free funds for themselves.

 


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cryrst Flag The garden of England 18 Jul 19 8.36pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

Funny how they never said this 10yrs ago.
They kept all the free funds for themselves.

Meeoww.
I doubt the poster is telling untruths tux.
There would be no mileage for doing it.

 

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.TUX. Flag 22 Jul 19 8.21pm

Originally posted by cryrst

Meeoww.
I doubt the poster is telling untruths tux.
There would be no mileage for doing it.

I doubt any ''untruths'' too but many financial institutions were happy to call in loans (ie change the rules in their favour!) as assets/collateral after the crash that they caused no longer matched funds borrowed........putting many thousands out of business! Nice work if you can get it.

After the crash, these very same 'institutions' then deliberately chose to keep over 95% of any new (as good as free) funds allocated to helping Joe Bloggs kick-start the economy to themselves and their friends, spending it instead on assets such as property/stocks at rock-bottom prices etc so not only did the crash benefit them but they were also at the head of the queue for the next upturn.............with minimum outlay.........that Joe Bloggs is once again paying for (property mainly). Genius.
Midland posted......''I'm involved in the commercial finance industry and many of the banks and finance companies that I deal with are complaining of a lack of enquiries as they have plenty of money to lend.
Commercial finance brokers also complain about a lack of companies wanting working capital for expansion too.''

Of course banks etc wish to loan money, their sole purpose is to sell debt. The problem being, as i've warned for too long now, is that we seem to be at 'debt-saturation' levels...........hence the lack of enquiries imo.

Get it now?


 


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Stirlingsays Flag 22 Jul 19 9.34pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Not doing too badly....been thinking of buying a new computer in a couple of weeks. Might do a thread about it.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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cryrst Flag The garden of England 22 Jul 19 11.21pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

I doubt any ''untruths'' too but many financial institutions were happy to call in loans (ie change the rules in their favour!) as assets/collateral after the crash that they caused no longer matched funds borrowed........putting many thousands out of business! Nice work if you can get it.

After the crash, these very same 'institutions' then deliberately chose to keep over 95% of any new (as good as free) funds allocated to helping Joe Bloggs kick-start the economy to themselves and their friends, spending it instead on assets such as property/stocks at rock-bottom prices etc so not only did the crash benefit them but they were also at the head of the queue for the next upturn.............with minimum outlay.........that Joe Bloggs is once again paying for (property mainly). Genius.
Midland posted......''I'm involved in the commercial finance industry and many of the banks and finance companies that I deal with are complaining of a lack of enquiries as they have plenty of money to lend.
Commercial finance brokers also complain about a lack of companies wanting working capital for expansion too.''

Of course banks etc wish to loan money, their sole purpose is to sell debt. The problem being, as i've warned for too long now, is that we seem to be at 'debt-saturation' levels...........hence the lack of enquiries imo.

Get it now?


That's awfully rude tux.
Have you got a split personality or no patience with someone not as knowledgable about a subject as you.
If I had to explain how a boiler worked and you might get an explanation wrong or ask a stupid question I would try to educate you to enlighten you.
Not try to belittle you.
Try to be a different tux next time you reply to someone.
Your frustration could lead to health issues in later life and how would you get the time to transfer your crypto into cash to spend how we all do if you got ill.

 

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.TUX. Flag 23 Jul 19 5.18pm

Originally posted by Stirlingsays

Not doing too badly....been thinking of buying a new computer in a couple of weeks. Might do a thread about it.

Can't wait

 


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.TUX. Flag 23 Jul 19 5.24pm

Originally posted by cryrst

That's awfully rude tux.
Have you got a split personality or no patience with someone not as knowledgable about a subject as you.
If I had to explain how a boiler worked and you might get an explanation wrong or ask a stupid question I would try to educate you to enlighten you.
Not try to belittle you.
Try to be a different tux next time you reply to someone.
Your frustration could lead to health issues in later life and how would you get the time to transfer your crypto into cash to spend how we all do if you got ill.

WTF is this mess
So you post 'Meeow' aimed at a simple post i sent, i then try to explain to you the reason for my original post and ask if you understand.........but somehow that's rude?
If i had a ''split-personality'' or ''no patience'' then i'd just tell you to f*** off.

Or maybe i've missed something?

Edited by .TUX. (23 Jul 2019 5.25pm)

 


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Stirlingsays Flag 23 Jul 19 5.31pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by .TUX.

Can't wait

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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Invalid user 2019 Flag 23 Jul 19 8.28pm

These things go in cycles and wouldn't be surprised to see the wheels come off the economy over the next 1 or 2 years.

 

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Stirlingsays Flag 23 Jul 19 8.35pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by dollardays

These things go in cycles and wouldn't be surprised to see the wheels come off the economy over the next 1 or 2 years.

If Trump loses in 2020 you can be certain of it.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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Invalid user 2019 Flag 23 Jul 19 8.47pm

Originally posted by Stirlingsays

If Trump loses in 2020 you can be certain of it.

And if he wins most likely. In which case it's probably better if it happens on his watch just because there's always more of an entertainment factor with Trump's reaction to everything.

 

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