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Re: Clouds on the horizon - Non Brexit thread :)

Posted: Wed Oct 10, 2018 5:53 pm
by Jimgym
Add to that the new Italian Govt. and their monetary policies which are looking reckless and putting them on a collision course with the EU and there are certainly some storm clouds on the horizon.

Re: Clouds on the horizon - Non Brexit thread :)

Posted: Wed Oct 10, 2018 6:46 pm
by kingfisher
Would that be the same IMF which completely failed to foresee the 2008 financial crash?

Re: Clouds on the horizon - Non Brexit thread :)

Posted: Wed Oct 10, 2018 9:42 pm
by Jimgward
Mrs Thatcher’s legacy - assets sold, oil and gas taken too quickly, no funds built and what seemed to be prosperity, was based on mortgaging the country - but some think she saved the nation!

We will never agree - but it shoujld be easy to see why both sides believe what they do....

Re: Clouds on the horizon - Non Brexit thread :)

Posted: Wed Oct 10, 2018 9:45 pm
by Jimgward
Mrs Thatcher’s legacy - assets sold, oil and gas taken too quickly, no funds built and what seemed to be prosperity, was based on mortgaging the country - but some think she saved the nation!

We will never agree - but it shoujld be easy to see why both sides believe what they do....

Re: Clouds on the horizon - Non Brexit thread :)

Posted: Thu Oct 11, 2018 3:36 pm
by WHL
Mrs Thatcher’s legacy.. I seem to remember she was booted out by her own party?

Re: Clouds on the horizon - Non Brexit thread :)

Posted: Thu Oct 11, 2018 3:41 pm
by Devil
I would not be so pessimistic. The price of gold today is about €33,000 per kilo which is roughly halfway between the peak and the trough over the last 10 years. If things were as bad as you make out, there would be a rush on gold as a safe haven.