Comments on: The real UK plan B: protecting against euro chaos http://blogs.reuters.com/breakingviews/2011/12/02/the-real-uk-plan-b-protecting-against-euro-chaos/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: scythe http://blogs.reuters.com/breakingviews/2011/12/02/the-real-uk-plan-b-protecting-against-euro-chaos/comment-page-1/#comment-8682 Fri, 02 Dec 2011 20:28:09 +0000 http://blogs.reuters.com/breakingviews/?p=7828#comment-8682 hugo, really, this sounds like you are orchestrating the john bullish herd stampede for the exits, or is this a bit of tongue in cheek english eccentricity?

:rolling of eyes: just say, honestly in clarkson fashion, that you would like to leave the eu, except you can’t afford to … a bit like greek politicians – your’s shouldn’t have been let in either
and you support dave cameron’s idea that england’s interest always first and the eu is for cheap holidays in the sun

; ( the disappointment comes from reading your rather vapid, febrile response – wishing for better than 5 short stale paragraphs – breakingviews has good video interviews online, come on, sharpen the pen, no john bull

And remember your own marketing (small box on the right) – Reuters Breakingviews is the world’s leading source of agenda-setting financial insight.

financial insight!

…. Breakingviews has recently been acquired by Thomson Reuters – and the share price is down

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By: FBreughel1 http://blogs.reuters.com/breakingviews/2011/12/02/the-real-uk-plan-b-protecting-against-euro-chaos/comment-page-1/#comment-8681 Fri, 02 Dec 2011 18:49:39 +0000 http://blogs.reuters.com/breakingviews/?p=7828#comment-8681 What an exposure: 15 billion pounds…impressive! The authors finally marked it: this popular nonsense about contamination of sovereign debt. The authors had to include almost all countries in the world and still they only scraped 15 lousy billion pounds together. The authors disproved their own point by showing the facts. But thanks for the honesty.

As on the 144 billion pound to the private sector, please…one knows nothing about it, type of assets, hedge strategies, etc. Better worry about the leverage position of those banks. I can give the authors a couple of numbers on the UK economy that gives us Europeans the shivers. But you know what ? Lets swap the EU exposure to the UK for theirs to the EU. Then we know again who owns what. Just to be clear. See which economy will last a day.

The UK does very well thinking about the effect its self-inflicted hyperinflation of 5 % has on its credibility. Because with the UK central bank “stimulating packages” probably some investors are contemplating permanently higher long term lending rates. And the sorry thing of it is that the inflation hurts those few Brits that actually saved something. Not that there are many: average UKs household savings are infamously negative – just like in Greece.

Did I mention the 9 %, NINE PERCENT UK deficit gap yet – 230 billion pounds every year ?

Sorry. Get your priorities straight.

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