Who thinks we will go bankrupt?

[ryangti]

Anyone following the stories about uk banking at the moment would you say gordon brown can save us without going into chaos?

Todays news second attempt to rescue banks may look not too promising.
More Than £17.5bn Wiped Off Banks
More than £17bn has been wiped off the value of Britain's banks after a turbulent day of trading, Sky News experts have calculated.
http://news.sky.com/skynews/Home/Business/Shares-in-Royal-Bank-of-Scotland-And-Other-Banks-Tumble-Despite-Govt-Bail-Out/Article/200901315206190?lpos=Business_Second_UK_News_Artic le_Teaser_Region_6&lid=ARTICLE_15206190_Shares_in_Royal_Bank_of_Scotl and_And_Other_Banks_Tumble_Despite_Govt_Bail-Out


Britain's Workers Have The Blues
http://news.sky.com/skynews/Home/UK-News/Blue-Monday-British-Workers-Expected-To-Pull-Sickie-Today/Article/200901315206109?lpos=UK_News_Second_Buisness_Artic le_Teaser_Region____0&lid=ARTICLE_15206109_Blue_Monday%3A_British_Worker s_Expected_To_Pull_Sickie_Today


Not just the uk but the us as well have seen big losses today,so i beg the question what are our chances?
US Banks Hit With Colossal Losses
http://news.sky.com/skynews/Home/Business/US-Banks-Merrill-Lynch-And-Citigroup-Announce-Multi-Billion-Pound-Losses/Article/200901315204841?lpos=Business_Second_Buisness_Arti cle_Teaser_Region____4&lid=ARTICLE_15204841_US_Banks_Merrill_Lynch_And_Ci tigroup_Announce_Multi_Billion_Pound_Losses_

Its all about cash rescues some would now say in the time it took to come up with this plan we went out of business thanks a bunch!

[rioja]

For an in-depth view read ambrose evans-pritchard columns in The Daily Telegraph - he has many doomster scenarios tho' just today he has 'turned' after months of doom forecasts - some say he is a nu-labour lapdog now but his articles are certainly food for thought ....too many to post links.

[pico]

I don't follow the UK at all, since the US is where most of my money is invested. Also, the US has so many damn issues we really don't need to look outward for other problems to solve.

I think the US will fail, and it will occur in the next 18 - 24 months. I say fail as in the US will collapse inward. The monetary system will collapse sooner, unless BHO can work in miracles.

[Abyssal_Worm]

I don't follow the UK at all, since the US is where most of my money is invested. Also, the US has so many damn issues we really don't need to look outward for other problems to solve.

I think the US will fail, and it will occur in the next 18 - 24 months. I say fail as in the US will collapse inward. The monetary system will collapse sooner, unless BHO can work in miracles.

I think our monetary system will falter, but as a society we will likely be drawn together. Especially if the spin doctors are able to push the blame onto forces outside our nation.

[ryangti]

Here is the latest.
The Royal Bank of Scotland was on the brink last night after the biggest loss in British corporate history sparked a collapse in its shares.
So much for the rescue package would you be willing to pay your taxes now?
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5549589.ece


We are on some kind of breakdown for sure.
Look at frances car industry and most uk workers fear losing their jobs this year and next year,so obviously the feeling is mutual?
http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article5549328.ece

[Sirius]

me me me me me

[perdition79]

The wheels are coming off this ride. Doesn't matter where you are in the world, the econocalypse is upon us.

Where can I get a "My nation rang up $150,000 in debt in my name, and all I got was this lousy t-shirt" shirt?