and yet there are millions of vacancies, almost like those pesky eu people....
Next financial crisis 'has begun and will be worse than 2008 crash
- Thread starter steve30000
- Start date
and yet there are millions of vacancies, almost like those pesky eu people....
look out piano
Striker
So how long before it's like Escape from New York then ? 
Dun Scathach
Midfield
How do you think their granny’s pension pots grow?
We have to cut out this lazy crap that all work of financial institutions is bad. It isn’t.
joemcdokes
Striker
It was a bit tongue in cheek as I know that he is in the business.
There’s good and bad in most things in life.
Bloody nut job gets it right again, must take that tin foil hat off.
So you're the kind of genius who predicts that a) there'll be another war in an era when there's always a war on, and therefore b) we should take seriously the arsedribble of a prediction that someone is "planning another 9/11?
BoE saying they still won't support after Friday pension funds need to. Lord 'its my deal, the best ever but its shit but thats not my fault' Frost blaming the bank of england (quelle surprise)'
At this point expect yer pension to be well screwed.
At this point expect yer pension to be well screwed.
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PinzaC55
Striker
I don't understand your point. Can you elaborate ?
SAFCOldie
Striker
Just crack on, unless you are riddled with chacters you don't know.So how long before it's like Escape from New York then ?
Copacabana
Midfield
Serious question whos pension are they reffering to on the news all day long? Whos pensions are the BOE propping up?
Cheers
Mine. Yours.
Copacabana
Midfield
How, simply because the markets are down?
Some good explainers by people who know more than me here
Copacabana
Midfield
Thanks for that
So really what they should be saying on the news is that if you are lucky enough to be part of a deferred benefit pension, or money purchase scheme then you pensions are being propped up by the BOE. Not telling the whole country that all pensions are affected and currently being propped up by the BOE.
If like me and I guess millions of others and your pension is predominantly deferred contribution and simply invested in the stock markets of the world then I think I am right in saying that the BOE are not doing anything to help my pension?
I think stick market linked pensions are just as fecked though. Have you looked at yours recently? Mine has lost 10% of value in the last week. If I was due to retire soon I’d be shitting it.
Regardless of whether your pension is deferred contribution, if your fund can’t meet its obligations on Friday then it could go bust.
I think.
Fletch
Striker
It also impacts people in DC pensions who are closer to retirement age (or retired) and have larger parts of their investments in bonds (I think )
Copacabana
Midfield
Yes i agree but i dont think the BOE pumping millions into bonds and gilts is helping my pension pot (mainly equities)
yeh i see what you mean if yor close to retirment and have moved from equities into those safe as houses bonds LOL
Football Dinosaur
Winger
Lots of places in the ne it already is like thatSo how long before it's like Escape from New York then ?
