Its all f**ked. Just a matter of time.

The cost of borrowing is at an historical low and has been for some time. This means it can only go one way, up. When it does two things will happen.

Governments will be f**ked because they borrowed their way out of trouble for years and years. The banks will be f**ked because the value of the bonds they hold will go down as interest rates rise. The more f**ked they appear, the more you want to get your money out, but you can't because they won't have it all because they've been lending it to the government....

Think Argentina in the 80's.

Posted By: tudders on December 19th 2012 at 11:58:36

Message Thread

Blimey. USA to commit to QE4 adding trillions to the QE already being carried out (General Chat) - Tony Martin, Dec 19, 11:34:34
- nope, not a Scooby (n/m) (General Chat) - Charles21, Dec 19, 12:35:46
- Its all fucked. Just a matter of time. (General Chat) - tudders, Dec 19, 11:58:36
  - the key here will be the silver to house price ratio (General Chat) - Tony Martin, Dec 19, 12:11:45
    - How does one go about investing in gold/silver? (n/m) (General Chat) - duke of york, Dec 19, 12:18:25
      - use bullionvault.com, they store it too and are cheap (n/m) (General Chat) - fal5taff, Dec 19, 13:47:18
      - one doesn't make investment decisions based on things one reads on the roth (General Chat) - Tricky Hawes, Dec 19, 13:18:50
      - www.goldmoney.com is one way. (n/m) (General Chat) - The Editor of Milk, Dec 19, 13:15:01
      - Argos (n/m) (General Chat) - CB41, Dec 19, 12:52:13
        
        lol (n/m) (General Chat) - Knitted Jesus, Dec 19, 13:45:19
      - bulliondirect.com or those sorts of websites. it is really important (General Chat) - Tony Martin, Dec 19, 12:21:12
        
        Unless the government restricts the amount of gold you can own. (General Chat) - tudders, Dec 19, 12:32:09
        
        Excellent. (General Chat) - duke of york, Dec 19, 12:22:09
  - People will be fucked because (General Chat) - duke of york, Dec 19, 12:00:31
    - The scale of the problem is far bigger than that. (General Chat) - tudders, Dec 19, 12:08:38
      - Only solution is another world war probably (General Chat) - essexcanaryOTBC, Dec 19, 14:00:38
        
        solution to what? (General Chat) - Tricky Hawes, Dec 19, 14:13:40
      - some charts of UK public debt (General Chat) - Tricky Hawes, Dec 19, 13:15:16
        
        this ^ (General Chat) - Cardiff Canary, Dec 19, 18:09:47
      - Well, yes, I was just adding to your observation (General Chat) - duke of york, Dec 19, 12:19:30
        
        early death will help (n/m) (General Chat) - CB41, Dec 19, 13:13:19
    - Mine wont (n/m) (General Chat) - CB41, Dec 19, 12:04:07
- Just done some some quantitive easing of my own. (General Chat) - Higher Wrather, Dec 19, 11:45:03
  - arf (n/m) (General Chat) - Monty Peculiar, Dec 19, 11:50:13

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