Lloyds Banking Share Discussion Threads

[k38] 16/2/2019 23:22

Germany's and France determination do not compromise on Brexit are risking the future of Europe. This shows how stupid these bureaucrats are and how lucky UK is to get out before is too late. A bunch of criminals control our lives!!

[grahamite2] 16/2/2019 23:20

from the bookish link:

Lloyds will lead the way by revealing its biggest ever profit for a single year, according to a consensus of analyst forecasts.

That means (a) it's just speculation and (b) even if true it won't help the share price

[smurfy2001] 16/2/2019 22:53

That was a good read.

[bookish] 16/2/2019 22:51

Britain's top banks poised to reveal biggest profits since financial crisis erupted in 2007

[xxxxxy] 16/2/2019 22:36

EUSSR is BAD

and stinks worse than any pig sty.

[bookish] 16/2/2019 22:35

Britain's top banks poised to reveal biggest profits since financial crisis erupted in 2007

[stonedyou] 16/2/2019 21:45

Goodbyeeeee Dominic Grieve goodbyeeeee we hope NOT to see you....ever again.....

goodbyeeeeee Dominic Grieve goodbyeeeeeeeeeeee . . . . . .Goodbye you utter

scumbag!!

[petersinthemarket] 16/2/2019 20:32

Only 19 eu countries use the euro. 9 others, including uk atm, do not use the euro.

[excell1] 16/2/2019 19:41

What really gets to me, is that Leave supporters won the referendum, we voted to come out of the EU.We are now after 2.1/2years now referred to by some in the press,parliament and media as extremists. Eh!
As for those MP's that represent their constituencies who voted by a large majority to leave the EU, then they take it on themselves to vote remain. I personally I would line them up against a wall and shoot the traitors.

[prewar] 16/2/2019 17:47

"The 1975 referendum was about a common market, not a political union. The Eurozone today is a farce, a union of 27 countries sharing a common currency."

Jacko could you do me a favour and list these 27 countries using the same currency.

TIA

[poikka] 16/2/2019 16:54

Bbalanjones - not two votes for the same issue, m8. Not Nigeria, must be Tiger Bay then.

Stoned said it all.

[jacko07] 16/2/2019 16:13

It is good to see so many on here airing their thoughts on Minerve. I am glad to see he did a U turn on the ISIS moron.

There is a World financial disaster coming, don't take my word for it, debt has risen from $50 trillion to $250 trillion in 16 years, strange 16 years ago today the US Iraq invasion was being talked up. There are debt bubbles in the US, Europe and in a lesser form here in the UK.

If only we hadn't trusted the odious Tony Blair on Iraq, Bush might have relented had Blair not brown nosed and stuck with Europe on that one. I don't think Bush and Cheney or Cheney and Bush if you put the boss first, would have gone it alone. Also for all the Brit bashers on here, the US weren't interested in Germany or France fighting alongside them.

[xxxxxy] 16/2/2019 15:44

The Remain Parliament tries again to stop Brexit

By JOHNREDWOOD | Published: FEBRUARY 16, 2019

This week the same MPs who look down on Leave supporters and want to dilute or defeat the decision of UK voters to exit the EU were repeating the same tired lies of Project Fear. This was the case put to voters which lost the referendum. They seem to think that all we “stupid” Leave MPs will get it in the end and change our mind about Brexit. Apparently if you shout the same false forecasts and ignorance about how trade works for long enough the country will decide to stay in the customs union and single market, and maybe in the whole EU.

These MPs perpetuate the myth that WTO trade without a customs union cannot work. They seem to think tariffs will have to be paid at the ports with lorry drivers carrying wallets of fivers as if computers and electronic manifests had not been invented. They do not recognise that complex Just in time supply chains already accommodate non EU components and supplies coming in under WTO rules with EU tariffs.They do not seem to acknowledge the substantial friction of EU UK trade, with VAT, customs,currency change, anti terrorism and anti smuggling checks at or away from borders, and with the need to complete a complex Intrastat declaration.

The government proposed a contradiction on Thursday. The Minister said leaving without a deal remains a possibility, as the law says. Yet the government motion said they were taking no deal off the table! That is why many MPs abstained, as we saw no point in voting for such a contradictory and inaccurate motion. Many abstaining MPs agreed with the part of the motion that supported trying to get a better deal from the EU and made clear their support for that.

The Prime Minister needs to press the EU for a better deal and return with that to the Commons in due course if she wishes to reverse the big defeat the Withdrawal Agreement suffered. I agree with her long held line in the election and afterwards that No deal is better than a bad deal. The Withdrawal Agreement is a bad deal. It would need a lot of improvement to persuade me to like it, as I have set out before. It’s not just a case of tweaking the backstop.

Leaving without signing it takes back control of our laws, our money, our borders and our fish. It is what we voted for. We have had 2 years eight months to prepare for leaving, and the government has said we will be ready. The government has said they are not going to block our ports or create new delays at the border, so our imports will flow as before.

I want to see them table a Free Trade Agreement so we do not have to impose tariffs and any other new barriers to trade, and to expedite a managed WTO exit in March. The sooner they do this the better. They should also publish a schedule of tariffs for March 30 so the EU can see what not agreeing to talks on a Free Trade deal looks like. I would have thought they would prefer tariff free to continue.

[jacko07] 16/2/2019 15:35

The US economy – guided by the Fed and egged on by Wall Street – will blow itself up by mid 2020.

More and more debt piles up. The economy, burdened and hobbled by car payments, mortgage payments, corporate debt payments, and interest on the national debt, staggers… and then falls.

This is not a prediction. It is an observation. Cycles are called “cycles” because they repeat themselves. The credit cycle is no exception. Bust follows boom. Always has. Always will.

We’ve been looking at what will happen next. That is, when the next trends and policies, the ones that will dominate for years ahead, reveal themselves. Our guess – a view we share with Alan Greenspan – is that we’re headed for stagflation.

Central banks, worldwide, have added some $21 trillion in new cash over the last 16 years. Almost all of that money went into the financial economy. That is how the rich got so much richer during that period. Their asset prices rose; they floated on a rising tide of cash.

That is also how worldwide debt rose to $250 trillion today, from only about $50 trillion 16 years ago.

As asset prices rose – the Dow, for example, rose nearly 300% over the past 10 years – so did the collateral of consumers, businesses, and speculators, which could then be leveraged to borrow vast new sums. Globally, the ratio of output to debt rose from its traditional 1-to-1.5 level to 1-to-3.5 today.

All of these excesses and absurdities will be corrected, of course; Mr. Market will take care of that. Then, the leverage works in the other direction – collapsing asset prices, credit, and the real economy.

That is how the cycle goes. Elegantly. Effortlessly. Inevitably. An excess of animal spirits is cured by a shortage of animal spirits. Too much credit is cured by too little credit. And a bubble is cured by a crash that will begin in Europe where Germany is slipping into recession, France is in chaos and Italy are bankrupt.

The UK may well experience some hardship, but it is our view is the best placed economy going forward. Germany and France especially need a deal with the UK to happen and should do all that is necessary to get one done.

[jacko07] 16/2/2019 15:22

Cheshire Pete:
The vote in 1975 was about joining the common market or EEC, which was about trade. In the 40 years + it morphed into a political union, the EU, which is now a completely different animal to the EEC. The 2016 referendum asked the people to vote on the EU not the EEC.


Well said Pete,
now EU is nothing more than a corrupt organization, bureaucrats heaven.

Pete.k38..I couldn't agree more. The 1975 referendum was about a common market, not a political union. The Eurozone today is a farce, a union of 27 countries sharing a common currency. The reason we are here is because both Labour and Conservative leaders sold out, Tony Blair being the worst culprit. Europe is out of control, a behemoth bureaucracy heading for disaster. When it happens, the Euro will go into freefall and the ECB won't be able to a thing to stop it. They can't reduce 0% interest rates and there are no other saviours left.

The Federal Union of European states will be abandoned along with the European Army, there will be no money!!! Italy, Greece and Poland will be the first to unhitch themselves and refuse to pay a cent back to Brussels who have stiffed everybody except the Germans.

Sound far fetched, we will see!

[steve4003] 16/2/2019 15:09

bargaintit
ever heard of the on topic only thread,

[k38] 16/2/2019 14:54

Cheshire Pete: The vote in 1975 was about joining the common market or EEC, which was about trade. In the 40 years + it morphed into a political union, the EU, which is now a completely different animal to the EEC. The 2016 referendum asked the people to vote on the EU not the EEC.Well said Pete, now EU is nothing more than a corrupt organization, bureaucrats heaven.

[k38] 16/2/2019 14:44

bb Minerve is not interested to discuss shares, not a lot to say. Brexit is he's main interest, you must know this by now.

[bargainbob] 16/2/2019 13:04

Minerve can you set up a share threads to discuss shares . I for one who like to share ideas outside the Stonedyou hate filled agenda that has wasted this thread.

[grahamite2] 16/2/2019 12:52

To quote bargainsbob's national poet:

O wad some Power the giftie gie us
To see oursels as ithers see us!

The only people filled with hate and rage are the remoaners.

[stonedyou] 16/2/2019 12:49

Well what do you no......

[bargainbob] 16/2/2019 12:45

Minerve can you set up a share threads to discuss shares . I for one who like to share ideas outside the Stonedyou hate filled agenda that has wasted this thread.