Lloyds Banking Share Discussion Threads

[m4rtinu] 27/2/2020 08:41

Alex - if it had been "proverbial" we might have been ok. Problem was it was "literal"!

[eurofox] 27/2/2020 08:34

As I said the other day, bottom fishers on margin will be taken out

[bargainbob] 27/2/2020 08:25

Eton pigs need to be slaughtered.

And shagged

[malcolmmm] 27/2/2020 08:21

think I posted buy gold 🥇 a week or two ago. As the virus spreads the markets will keep dropping, investors are selling into the rally's ,pretty obvious really,
Hedge these to protect long position , get the hedged shares for free once things improve

[stonedyou] 27/2/2020 08:19

Maaaaaaaaaaaaaaaaaaaaaaaaaan the liiiiiiiiiiife booooooooooooooooooooats!!!!!!

[xxxxxy] 27/2/2020 08:16

UK state debt levels are fineBy JOHNREDWOOD | Published: FEBRUARY 27, 2020Some people tell me UK state debt is too high and we need to take tougher and more urgent action to bring it down. I disagree.According to the ONS at the end of the last financial year UK state borrowing was £1821bn or 84% of GDP. This is well below Japan, Italy, Belgium and some other advanced countries and not very different from the USA and France.It is not, however, a very meaningful figure. The Bank of England has bought up £435bn of the debt. As the UK state owns the Bank of England and receives dividends from its interest receipts we should deduct this part of the state debt from the total. That brings it down to £1387bn or 64% of GDP actually owed to people and institutions outside the state. This is a perfectly manageable figure.Today the UK government can borrow at 0.5% for 10 year money and at below 1% for 30 year money. These are very low rates, showing markets think there is little risk in lending to the UK state. In the 1970s when the Labour government was spending and borrowing too much they had to pay more than 15% to borrow. They ignored these warnings and ended up at the IMF begging for a loan. The IMF demanded spending cuts and a lower deficit.Today's problem worldwide in advanced countries is fighting deflation and economic slowdown. Markets are telling governments, companies and individuals they can borrow more for decent projects. There is too much saving and not enough investment going on.It would be quite wrong as the rest of the world fights recession and the economic impact of the virus for the UK to tighten fiscal policy hastening a bigger downturn. Yesterday we learned that Hong Kong is offering helicopter money. Every adult citizen will be given HK$10,000 to spend, to try to fight recession. That is how bad it is in Asia.

[malcolmmm] 27/2/2020 08:14

think I posted buy gold 🥇 a week or two ago. As the virus spreads the markets will keep dropping, investors are selling into the rally's ,pretty obvious really

[eurofox] 27/2/2020 08:13

Ditto that

[keyno] 27/2/2020 08:11

I could have saved them the effort ........

[gbh2] 27/2/2020 06:56

For a Clearer picture without the misleading media Hype

Google: worldometers.info/coronavirus/

[kreature] 27/2/2020 01:36

Corona crash on the way ? I’m a buyer at 25p. gl

[jackjackpaul] 27/2/2020 00:24

NCYT huge huge news.. going to go mental tomm

Corona virus spreading like mad..

NCYT most accurate kits on market right now and CE approval.


NCYT Their website just been updated with the following
Chinese Flag(Top Left)
1. WHO. World health organisation... don't get any bigger then this.. cats out the bag
2. Pfizer
3. GSK
4. NHS
5. CDC
6. US Army

[buywell3] 27/2/2020 00:12

40p now looking likely chartwise IMO

[utrickytrees] 27/2/2020 00:11

We all love Britain, were all Patriots. As far as Britain is concerned the political project of further integration with Europe is over.
God bless Govie & long live Boris.
Amen.

[utrickytrees] 26/2/2020 23:38

So m2 are you seriously suggesting that Cameron revolved his whole campaign around the slogan 'STRONGER IN'. Them embarked on a 6 month crusade to charm and cajole a very short list of very achievable concessions from the EU in the expectation that he would be un successful. Why would he do that?

[minerve 2] 26/2/2020 23:25

Like Boris already knows the answer. Some of us are not that stupid, sadly most of the UK are.