Deutsche bank, Google it Options

[TallDarkAndHands...]

World's most dangerous bank.
Anyone who understands the reality of "assets" v debt would understand they are in serious trouble.

[On the edge]

I'd not disagree. The leave / stay debate is actually all to do with this; the economic system driving the EU. What is really frightening is that our political leaders have for decades chosen to ignore this; in my view, that is the reason why they've been so shocked at the result. It's a great blessing, that even if for the wrong reason, the people gave the right decision.

[TallDarkAndHands...]

I'd not disagree. The leave / stay debate is actually all to do with this; the economic system driving the EU. What is really frightening is that our political leaders have for decades chosen to ignore this; in my view, that is the reason why they've been so shocked at the result. It's a great blessing, that even if for the wrong reason, the people gave the right decision.

http://www.thisismoney.co.uk/money/markets...shing-down.html

This is end of days stuff.... people get your cash out of the banking system before the brown stuff hits the fan.

[Andy Capp]

http://www.thisismoney.co.uk/money/markets...shing-down.html

This is end of days stuff.... people get your cash out of the banking system before the brown stuff hits the fan.

Self fulfilling advice (prophecy)?

[TallDarkAndHands...]

Self fulfilling advice (prophecy)?

True. Like the remainers after the Brexit vote. The difference being of course that Deutsche banks problems make Brexit issues pale into insignificance. BUT people don't associate banking failures with racism like they do Brexit. So it's not on a certain sort of PC persons "agenda". Funny thing is it WILL affect them a **** sight more!!!😉

[On the edge]

Brexit doesn't seem to have bothered EdF, the French Government owned energy utility, who are (sadly) going ahead with Hinckley Point.

On the other hand, our government owned Lloyds bank is blaming it for it's pre existing but unpopular branch closure programme.

Shome mistake, surely?





Brexit puts a big question mark on the Wharf toilets......

[TallDarkAndHands...]

Brexit doesn't seem to have bothered EdF, the French Government owned energy utility, who are (sadly) going ahead with Hinckley Point.

On the other hand, our government owned Lloyds bank is blaming it for it's pre existing but unpopular branch closure programme.

Shome mistake, surely?





Brexit puts a big question mark on the Wharf toilets......

Just an excuse to cut costs. Lots of businesses will do it. They can use brexit to do things they have wanted to do but were scared to...do fear of public opinion. +Lloyd's are probably aware of the Deutsche train wreck to come. You could spin it and say they were being prudent with tax payers money.....

[On the edge]

Just an excuse to cut costs. Lots of businesses will do it. They can use brexit to do things they have wanted to do but were scared to...do fear of public opinion. +Lloyd's are probably aware of the Deutsche train wreck to come. You could spin it and say they were being prudent with tax payers money.....

We could do with a few more excuses, for instance, as there should be less European directives to implement doesn't Brexit mean we should abolish WBC?

Every cloud and all that

[TallDarkAndHands...]

We could do with a few more excuses, for instance, as there should be less European directives to implement doesn't Brexit mean we should abolish WBC?

Every cloud and all that

How would people in Newbury feel about that? Personally WBC does nothing for me apart from pick up my bin. I don't use the library or attend any WBC funded event. Lot of dead wood in WBC. They need to be pruned....

[blackdog]

We could do with a few more excuses, for instance, as there should be less European directives to implement doesn't Brexit mean we should abolish WBC?

Every cloud and all that

First we need to spend a couple of years deciding which European directives are actually good news and passing legislation to pass them into UK law. And while we're at it we can review what UK law has been enacted to satisfy European legislation and prepare to repeal some of that.

That said I have no idea how many or which European directives are enforced by WBC?

[On the edge]

First we need to spend a couple of years deciding which European directives are actually good news and passing legislation to pass them into UK law. And while we're at it we can review what UK law has been enacted to satisfy European legislation and prepare to repeal some of that.

That said I have no idea how many or which European directives are enforced by WBC?

Come on Blackdog.....I've just come up with the excuse, the detail can follow!

If you like, we could test the basic idea with NTC

[blackdog]

Come on Blackdog.....I've just come up with the excuse, the detail can follow!

Following Boris, Nigel and Michael's example?

As a Remainer I should perhaps be prepared to pass control to faceless bureacrats in London, but, strangely, I prefer my faceless beureaucrats to be closer in this instance. Though I'd vote for the return of a Berkshire council to replace WBC.

Perhaps we should have abolished Westminster and Whitehall in favour of a proper European government - save all that waste, economies of scale etc.

[On the edge]

Following Boris, Nigel and Michael's example?

As a Remainer I should perhaps be prepared to pass control to faceless bureacrats in London, but, strangely, I prefer my faceless beureaucrats to be closer in this instance. Though I'd vote for the return of a Berkshire council to replace WBC.

Perhaps we should have abolished Westminster and Whitehall in favour of a proper European government - save all that waste, economies of scale etc.

No, it was simply meant as a light hearted comment on the present let's blame Brexit for everything and load a few more unpopular things for good measure.

As a 'leaver' I wholeheartedly agree that in the many years we were 'in' something should have been done about the proliferation of government and officials. Then, I'm an old fashioned liberal as well.

Being in Europe means we are governed by the European Parliament / Council of Ministers, plus the House of Commons / House of Lords, plus (in most cases) a County Council and a District Council and a Parish Council. Then there are those who would impose a tier between Westminster and the Counties; the devolved regional authority. Little wonder it's all so expensive and such a hideous mess.

All well and good having administrators on hand to be accountable locally - but with the structure we have and the restrictions they are under, means no matter the intention, that just doesn't happen.

With devolution and modern communications, there is no reason why proper regional government shouldn't work, leaving a shorn Westminster to look after real state issues only. If it makes people feel comfortable, perhaps town councils who would have an advisory role only.

We really do need to get rid of the late Victorian arrangements we've tried to maintain for so long and exacerbated by joining the EU.

[blackdog]

Back to an earlier point:

Brexit doesn't seem to have bothered EdF, the French Government owned energy utility, who are (sadly) going ahead with Hinckley Point.

I see the government is now worrying about Chinese involvement, fearing some state sponsored inclusion of software that could prevent the use of the power plant, or somesuch.

Is this really the same governemnt that was talking about a free trade deal with China a few days ago?

We don't trust you, but we'll let you wreak havoc on our market?

[TallDarkAndHands...]

Back to an earlier point:


I see the government is now worrying about Chinese involvement, fearing some state sponsored inclusion of software that could prevent the use of the power plant, or somesuch.

Is this really the same governemnt that was talking about a free trade deal with China a few days ago?

We don't trust you, but we'll let you wreak havoc on our market?

The government has changed. If I was May I'd like to take my time over a 30 Billion decision. Or would you just go along with it? Big change from being Home Sec to PM.

What would you do?

[On the edge]

Back to an earlier point:


I see the government is now worrying about Chinese involvement, fearing some state sponsored inclusion of software that could prevent the use of the power plant, or somesuch.

Is this really the same governemnt that was talking about a free trade deal with China a few days ago?

We don't trust you, but we'll let you wreak havoc on our market?

I suspect it's more the credibility of the French financial arrangements. Given the pressures on EdF it's a doubtful project before it even starts. In project management terms at least, a review is absolutely the right thing to do. An example that could have been usefully followed with many other big government projects.

The Chinese already know of our and American fears about the software. It's a known international issue and it wouldn't be so surprising if any other advance nation wasn't at it. For me, an even bigger concern is the French design and eventual operation. It shouldn't be beyond our home IT skills to detect that anything is amiss, or even to wholly isolate the driving software BUT to do either, we'd need the French designer and operators permission.

If this really is so necessary and likely to be so profitable, why has no British consortium cone anywhere near making a proposal? If we don't have the skill to build and run a nuclear power station, what hope Trident?

[blackdog]

The government has changed. If I was May I'd like to take my time over a 30 Billion decision. Or would you just go along with it? Big change from being Home Sec to PM.

What would you do?

I would like to think that, as a senior cabinet minister I would have paid attention to the issues - some of which (notably secrurity) would surely come across the Home Sec's desk.

[blackdog]

If we don't have the skill to build and run a nuclear power station, what hope Trident?

I'm not convinced we don't have the necessary skills - I think it's just to big a project. Nuclear power stations have, for some reason, become ludicrously costly. Why not make smaller ones based on the established UK expertise in ship-born nuclear plant?

Trident is a simple design in comparison - for which we have the necessary skills here in West Berkshire.

[TallDarkAndHands...]

I would like to think that, as a senior cabinet minister I would have paid attention to the issues - some of which (notably secrurity) would surely come across the Home Sec's desk.

How do you know if she raised questions at cabinet but was ignored. Osborne and Cameron were pretty untouchable for a period. Just saying. I'd keep an open mind...

[Simon Kirby]

I'm not convinced we don't have the necessary skills - I think it's just to big a project. Nuclear power stations have, for some reason, become ludicrously costly. Why not make smaller ones based on the established UK expertise in ship-born nuclear plant?

Trident is a simple design in comparison - for which we have the necessary skills here in West Berkshire.

It is such a colossal shame that we don't abandon Trident and invest the £200 billion cost into the scientific and engineering research to develop fusion generation. Fission power is relatively green technology but it is still frightfully dangerous, but fusion power is very much more benign and would do wonders for climate change and energy security - both very real and pressing problems.