Lloyds Banking Share Discussion Threads

[minerve 2] 30/5/2020 21:22

SO?

It doesn't mean it is right or a good idea.

[chinahere] 30/5/2020 21:16

Lol. We rely on private business for almost everything we have!

[minerve 2] 30/5/2020 20:49

A very sad day for mankind when we rely on private business to take us into space.

It is just capitalising man's endeavour into space via the back door.

Not a proud moment at all IMO.

And what has Musk personally done apart from provide the capital?

He is NO Edison or Tesla.

[jimarilo] 30/5/2020 20:44

"Scotland has the ability to wipe the smirk off their faces. Once this crisis is over, we'll vote for independence and do just that."

Independence is just a slogan....wee jimmy krankie knows it. This current crisis has highlighted how ridiculous an independent scotland would be. They already have a bigger deficit than Greece and would be at the end of the queue if they wanted to join the EU....so no hand outs there

Currently they have already had additional covid cash from the British Government and already queuing up for more. If they were independent now, they would be bankrupt

Once the crisis is over scotland will be on it's knees with the begging bowl, whilst slagging off the British Government at every opportunity

[minerve 2] 30/5/2020 20:42

Alphorn

I actually think if you are an investor there aren't that many decent opportunities being provided by the market pull-back. All the decent companies have pretty much remained at too higher PE and the opportunities what we are provided with are the mediocre companies riding the wave back to normality - when it happens. After you have ridden the wave you are still stuck with a mediocre company. Lloyds and Rolls Royce being typical examples.

[maxidi] 30/5/2020 20:34

With no ice, just a slice!

[maxk] 30/5/2020 20:09

Tonic supports the active ingredient, gin, they work together :-)

[xxxxxy] 30/5/2020 19:57

The Bank of England is propping up bloated financial markets but doing the economy no goodUltra-extreme monetary policy props up bloated markets but is way past the point of doing any goodLIAM HALLIGANhtTps://www.telegraph.co.uk/business/2020/05/30/bank-england-propping-bloated-financial-markets-economy-no-good/Knut Nordgreen30 May 2020 7:19PMWe live in a world where the state allows the citizen to anaesthetise himself against the responsibility for his own, individual actions. Reduced to a sense of perceived victimhood, we willingly follow the edicts of a priestly, technocratic class of "experts". We admire their humanity, we are grateful for their schemes which shield us from real pain. Their response to the irresponsible lending and cheap money of the 2008/9 financial crisis was even cheaper money, creating inflationary asset prices and ballooning corporate and national indebtedness - globally. Now, according to these experts, there is only one way to go - ever more cheap money and continued expansion of national debts. At some point, somewhere, someone will discover that they ain't getting there money back and that's when the horror begins.Samp Sonite30 May 2020 5:07PMWe say that communism doesn't work, but what we've done since 2008 is just that. We need companies that are rubbish to go bust so assets can move on, staff be redeployed and innovation to happen. All we've done is support diseased companies, sidelined the frugal and just made the modern day tulip mania bigger and bigger. At some point it will end, nothing goes on forever, the longer it is postponed the harder the fall. We should've done an Iceland and gone bust in 2008 to reset the economy.

[maxidi] 30/5/2020 19:53

Yes, I had forgotten that! A G+T was a favourite in times of the raj.

[grahamite2] 30/5/2020 19:46

A book just published on the enormous and malign influence of the BBC:

[jl5006] 30/5/2020 19:30

Schweppes used to put quinine in their tonic water and still make reference to on the label.
Something taken for decades.

[maxidi] 30/5/2020 19:21

We used to take quinine every year for nine years when going to India and absolutely no side affects. So it's hard to believe it's that harmful in the fight against covid.

Scare stories may come from big pharma that don't want their profits tampered with.

[action] 30/5/2020 19:20

Better for housing demand in UK and lot of foreign capital inflows.

[jl5006] 30/5/2020 19:13

I thought Oxford and AZ were claiming also.
Just hype until the trial results are known.
Not a word though from the GSK French JV - prudent.

[careful] 30/5/2020 19:07

You have to laugh.
I watch CNBC and every day the Americans always boast about their brilliance, masters of the universe.

Now the Chinese are claiming a COVID19 vaccine.

Will Trump thank them if it is true?
'We owe the Chinese scientists a great debt..etc'

I think not.

[jl5006] 30/5/2020 19:01

We shall see what happens
The criteria for selection and the resultant report will be software driven.
Will be interesting to see how robots manage the new conjunctions - over amid - and produce an objective report.
Unlikely of course - objective reporting went out 50 years or more ago.

BTW freddie 5689 Thailand successfully combined the malaria drug and HIV drug mix to enhance the immune system v c 19
Think that was in March - nobody really took up the point - just mocked Trump.

The small things are missed in the mass hysteria in today's media. Most of it not worth the print ink.

[careful] 30/5/2020 19:00

I remember all of that azalea.

It was apparently illegal to invade without a second UN resolution.
But there was a bit of wriggle room. If there was evidence of weapons of mass destruction then invasion could be justified.

There were none as we all knew, and there was a whitewash enquiry and a massive government report but that was after the event. We had all lost interest.
The so called expert on Iraq supposedly cut his own wrists and died before the scandal erupted.

how many of us believe it was suicide?

[poikka] 30/5/2020 18:31

Could this be the saviour of the BBC? Maybe, but only if 'presenters' were replaced by robots, and only if the robots were programmed by politically independent programmers - or at least, monitored by all sides for bias.

"Microsoft is to replace dozens of contract journalists on its MSN website and use automated systems to select news stories, US and UK media report.

The curating of stories from news organisations and selection of headlines and pictures for the MSN site is currently done by journalists.

Artificial intelligence will perform these news production tasks, sources told the Seattle Times."

[alphorn] 30/5/2020 17:41

The right moment - Sovereign wealth funds - Saudis transfer $40bn to back wealth fund’s spending spree. Finance minister confirms move as kingdom seeks to scoop up foreign assets at depressed prices.

[careful] 30/5/2020 17:18

The real problem with our democracy is that no matter how awful or incompetent the Tories are, there is no alternative.

We had to vote Tory in the last election, Corbyn would have been a disaster.Imagine after the lockdown he would have the perfect excuse for nationalising everything at very low prices.

Even most Scots worry about the long term risks of voting for independence and handing power to annoying Nicola. On balance they would be better off within the UK.

The Tories won the last election easily, not because we admire them or because we want Brexit, but because the alternatives would be a disaster.

[bargainbob] 30/5/2020 17:14

Britain has opened the door to up to
350 thousand people from Hong Kong with BNO passports . Though reports indicate 3 million could qualify , should events escalate

[utrickytrees] 30/5/2020 16:52

I find the Tories idea of forming a club with the Yanks & other G7 countries Australia, India & South Korea a very positive response to our current situations with China & Europe. Having to drag the contrarian Jocks around is becoming so tiresome. It's like having a narrow minded risk averse employee, if you listened to the idiot your company would only contract & eventually circle the drain. Which is precisely what has been happening in Scotland for the last 30yrs. Scotland isn't a stand alone nation, we dont even ask their opinion but they continue to chip in with their irrelevant views.....just FO.