Search found 290 matches

by dazza
Wed Nov 30, 2011 5:43 pm
Forum: Entertainment
Topic: Dobrich New Years Eve Dinner & Dance
Replies: 4
Views: 5268

Hi my mates were at the Lions Club dinner there last week they raved about it.I am definitely coming along.What music can we expect ?.
by dazza
Sun Nov 20, 2011 11:55 am
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

Only if u believe in the economics of one old bag from Grantham.
by dazza
Sun Nov 20, 2011 11:33 am
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

yes, but the big test will be on the american psyche they are taught like Nazi Germany that they are the best in the world, fact is that they are pretty mediocre
by dazza
Sun Nov 20, 2011 5:06 am
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

Thanks saw the video brilliant.Sadly wars really are good for economies in depression.Its ironic that the big winner in this recession is the Chinese command economy !.
by dazza
Sun Nov 20, 2011 4:53 am
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

Well the right wing argument is that Keynes said we should use money accrued in the good times ie surpluses to pump money into the economy in the bad.They argue that since there is no surplus fait accompli.I have not read 'The General Theory of Money' which I seem to remember was his masterpiece, bu...
by dazza
Sat Nov 19, 2011 8:01 pm
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

To me it just demonstrates the fact that the finance markets now control national governments in a way that was impossible 60 years ago.The problem of toxic debt for instance and over extended borrowing/lending really hit the headlines when the markets panicked.The reason to this day that billions a...
by dazza
Sat Nov 19, 2011 7:41 pm
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

Quite right the basic problem is unregulated 'Casino Capitalism' !.
by dazza
Sat Nov 19, 2011 7:36 pm
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

I actually wrote 'may be stabilising' not 'is'. There is an enormously long way to go yet.Mainly to do with the populations willingness to accept economic policy being dictated by the IMF/ECB and every eurozone finance ministry (as revealed when the draft Irish budget was left abandoned by a committ...
by dazza
Sat Nov 19, 2011 6:09 pm
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

Disastrous in Bulgaria if the Greeks liquidate their assets then there will be a sharp fall in Bank asset values, possibly leading to a run on the banks.Even worse is that 25% of debt in BG is in Greek hands.If short term loans are called in then it gets even worse.
by dazza
Sat Nov 19, 2011 5:32 pm
Forum: Banking/Currency/Insurance/Mortgages
Topic: Is the pound set to make a comeback against the Euro?
Replies: 151
Views: 38944

Bulgaria's exposure to the Greek crisis cannot be underestimated 25% of BG bank assets are in Greek hands, if the Greeks sell off here the effects will be disastrous. The burden of personal debt is also high as are the interest rates charged here.This however does not affect the Euro-Pound debate.I ...

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