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How Safe Is Your Pension And Cash


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#1 Ton

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Posted 08 October 2008 - 11:09 AM

Does anyone believe in any bull...t they are serving and telling us these days? Is this financial crisis real or it's another again staged Hollywood show like going to the moon and the twinTowers collapse.
Pension Funds are going down the drain. Governments keep printing money. E.U seems to be split over again of what needs to be done, inflation is going scarely up and prognostics for the global economy are very gloomy. The good news in all this mess is that no investors ( for some time to come) will be interested in the Timbaki Port. Chinese will need to export to Mars since Europe and US after this crisis is over will be left in ruins with loans which our grand grand children will have to pay. We all deserve a big bravo for electing and supporting all this time our incopentent leaders who together with big Casino America f..d us all up. B)

#2 mani

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Posted 08 October 2008 - 02:28 PM

Guess the only safe place to put your money at the moment in the UK is Northern Rock!!. And off course in the part shares of all the parts of the UK banks the government purchased this morning.
Ian

#3 Aurelia

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Posted 08 October 2008 - 06:25 PM

Speaking as an American, I can tell you that the financial crisis here is very real.

If you read the daily reports from all major news sources in the UK, the US, and
Europe about long-standing, venerable firms going under, how can you doubt that it is real?

#4 Ton

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Posted 08 October 2008 - 09:54 PM

Well Aurelia, the reasons which they are telling us that this crisis is coming from I question. I can not just simply believe that some people in America did not pay their motgages and then one institution after the other started collapsing. Yes of course people are loosing their pensions and money and of course the crisis is real but do we really know why? I bet No. And I bet again that the ones who brought over this financial crisis to the world will never be punished because bank gambling is 100% legal. B)

#5 DaveW.

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Posted 09 October 2008 - 12:02 AM

..and I bet there are some folk who are making a lot of money out of the whole thing! B)
If you look like your passport picture....you probably need the holiday!

#6 Aurelia

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Posted 09 October 2008 - 12:45 AM

I responded to your question "is this financial crisis real?"

Yes, it is real. I made no comment on the causes.

#7 Ton

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Posted 09 October 2008 - 09:07 AM

Thank you Aurelia. Yes it's real I agree ! and how do you folks cope with the situation overthere? It's a pitty to see US becoming a banana republic nation in the last 8 years. However as long as you guys have China and Europe funding all your depts you could still go do your daily grosseries. The whole world is now looking carefully upon America's next steps, because if America crumbles the whole world will come down with her.

#8 Laid Back Lil

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Posted 09 October 2008 - 02:40 PM

getting a bit too personal here I think chaps!!! I believe it's real, but I also believe there is STILL money out there.. Unfortunately the press stir things up far worse than they are and that makes people panic.