Lloyds Banking Share Discussion Threads

[alphorn] 29/3/2020 16:27

careful - I can't fully agree with you. By ordinary people with ordinary careers do you mean trades' people? Who did you mean?
I would like to see more respect for all careers. It may just be in the South East but I have seen over the past few decades a big shift towards the high earning London services 'crowd' and away from the trades. That IMO needs to change.

[careful] 29/3/2020 16:12

We are not used to getting poorer.

So many Merceds, Audi, BMW, Jaguar on the road these days. Overseas holidays, eating out,golf club membership, wine with meals, once only for the privileged few.

I wonder if we are in for a set back. Ordinary people with ordinary careers with go back to manage living on the essentials as in the past.
The age of affluence, which has slowly evolved for ordinary people from about 1955 on, accelerated since 1980's, may be drawing o a close.

'Modeo man' was a socio economic group. A man used to be proud of his 5 year old Mondeo.
Goodbye Mercedes and BMW for the masses, back to Mondeo man.

It was good whilst it lasted.

[smartie6] 29/3/2020 16:11

Incredible that there’s so many of us. Unsung hero.

[jl5006] 29/3/2020 16:09

Re tuff
live beyond ur means and moan when u cant get next weeks wage.
Snowflakes think - sorry wrong word - snowflakes expect.
never again boys and girls - you will have to learn how to do. not something u were taught.

[alphorn] 29/3/2020 16:09

wends - good description. He was very good indeed.

[wendsworth] 29/3/2020 16:04

ianood : Absolutely concur regarding your views of Alistair Darling. He was strong , candid , canny , resolute and decisive .... in the mould of a 'dour' Scot. VERY MUCH AN UN-SUNG HERO WHO SOUGHT NEITHER FORTUNE OR FAME. We have a lot to thank him for.

[mikemichael2] 29/3/2020 15:49

'Careful it's all relative half the working population of the UK are 2 wage packets away from destitution & poverty'

TUFF, they should have saved more instead of gearing up the highest mortgage they can get,leasing a flash car on finance, and spending beyond their means.

[ignoble] 29/3/2020 15:49

Getting to the point where you don't know what to believe, who to believe.

Guess we will get to the stage where people will make up their own minds and take the view that if I get it, I get it
Can't be worse than being stuck indoors for weeks on end.

World economy will never recover from this or, at least the economy as we know it.
Be a very different World...

And maybe for the better....

[bbalanjones] 29/3/2020 15:49

The trogs in this blessed land are indeed many and intolerant of change.

[maxidi] 29/3/2020 15:26

True story.

In an outside café in India once I saw a very thin old man crying as he walked slowly along the road. I asked the Indian guy at my table what was he crying for ?

He has no food and he is starving! Very matter of fact. I said but that's awful to which my friend said " it's ok, he has enough energy to cry".

I gave the old guy 50 rupees.... I saw a lot of this kind of thing on my many trips and I couldn't get used to seeing the absolute poverty.

[maxidi] 29/3/2020 15:12

DOOMED I TELL YOU WE'RE DOOMED. FFS.

[asa8] 29/3/2020 14:56

We can all do our bit stop buying Chinese made goods if we can I know it’s hard because everything is made there but we have to start somewhere

[utrickytrees] 29/3/2020 14:42

Careful it's all relative half the working population of the UK are 2 wage packets away from destitution & poverty.

[maxk] 29/3/2020 14:41

I think the aircraft continuing to fly even after the balloon went up tells use something.

[diku] 29/3/2020 14:35

The spread of the Virus starting from the East (China) to East Europe/Central Europe/West Europe and then to the West (USA) is just too orderly...are we missing something...

[careful] 29/3/2020 14:02

I should not have mentioned Brexit, it winds people up.
Brexit is a done deal almost.
We shall have to solve any problems after this thing is over, and reap any advantages.

But the subject of globalisation is a key one.
I fear that there could be a levelling up of the Worlds wealth distribution.

A World population of over 7bn. Almost all of them very much poorer than we in the UK.

Hundreds of millions of Chinese and Indians, hard working and many highly educated. Capable of doing everything we can.
In every field of manufacturing, technology and science they have caught us up, even overtaken us.

How can we justify having a wealth per capita and standard of living many times higher than theirs?

Are things about to level up? The good times may be over.

[panshanger1] 29/3/2020 13:37

And oversight of banks / building socs was appalling Wasn't RBS the biggest bank in the world by assets at one stage !!

[kenbachelor] 29/3/2020 13:24

Maxk - I didn't say we can't make ventilators. That's what we did until I retired, but a lot of the components were imported. Now the company belongs to the Chinese although the Nippy ventilator is still made in the UK.

[bbalanjones] 29/3/2020 13:16

Some ill considered views sprouting on here this morning:

That old dictum of "Build a better Mousetrap and the World will beat a path to your door" . . . . . . applies equally to CHEAPER Mousetraps wherever they happen to be made.

Consider the facts before giving unreliable opinions please.