BoE Governor Carney: Global Economic Slowdown Is Underway | Crypto Craft

BoE Governor Carney: Global Economic Slowdown Is Underway | Crypto Craft

BoE Governor Carney: Global Economic Slowdown Is Underway

BoE Governor Carney: Global Economic Slowdown Is Underway; There Is Fiscal Space To Counter The Slowdown
— LiveSquawk (@LiveSquawk) September 10, 2019

Added at 7:13am

BOE’S CARNEY SAYS ECONOMIES HAVE FISCAL SPACE TO DEAL WITH RECESSION BUT IT IS NOT UNLIMITED || SAYS WE ARE GETTING CLOSER TO A GLOBAL LIQUIDITY TRAP
— RedboxGlobal (@RedboxWire) September 10, 2019

Comments / Top
Subscribe

Sep 10, 2019 8:34am

Quoting Skracor247

Disliked

{quote} He also gets to oversee vast invisible bets(oops I mean trades). So why restate the obvious?...

Ignored

Because most people are too fkucing stupid to get things unless they are endlessly repeated.
Because most people are too fkucing stupid to get things unless they are endlessly repeated.
Because most people are too fkucing stupid to get things unless they are endlessly repeated.
Because most people are too fkucing stupid to get things unless they are endlessly repeated.
Because most people are too fkucing stupid to get things unless they are endlessly repeated.

1

Sep 10, 2019 8:14am

Quoting RossEdwards

Disliked

So Carney is a fool because he is stating the obvious? Well guys guess what? Carney has been restating the obvious that GBP and Uk economy is fkuced in any kind of brexit and Royally fkuced in a No-Deal crashout. And it appears that a whole bunch of folk in the UK STILL dont get it? So Im happy to hear him restate the obvious , because for some folk it takes a bit longer for reality to sink in.

Ignored

He also gets to oversee vast invisible bets(oops I mean trades). So why restate the obvious?...

1

Sep 10, 2019 9:23am

Quoting bshappens

Disliked

{quote} Meaning... the 'mortgage' owns you. Nice twist of my words, but more accurate. Thank you for correcting me.

Ignored

Sorry...

I'm a cynic. If I was a funny cynic I would be a comedian.

1

Sep 10, 2019 10:46am

Quoting Not-KPMG

Disliked

{quote} Nice jabs Can i throw a question here. We know crisis is coming. We know printing billion trillions is coming. Rates will be zero...

Ignored

You can only get the ZERO interest rate if it is an Adjustable Rate.

Suck you in to bleed you dry... We should probably ask the Swiss if they are getting paid for their mortgages.

1

Sep 10, 2019 7:39am

Quoting Revalif

Disliked

cable is going down

Ignored

Check the hedge funds 3 years ago!

1

Sep 10, 2019 8:14am

Quoting RossEdwards

Disliked

So Carney is a fool because he is stating the obvious? Well guys guess what? Carney has been restating the obvious that GBP and Uk economy is fkuced in any kind of brexit and Royally fkuced in a No-Deal crashout. And it appears that a whole bunch of folk in the UK STILL dont get it? So Im happy to hear him restate the obvious , because for some folk it takes a bit longer for reality to sink in.

Ignored

If it wasn't the EU you were attached to, you would have a point. Its about jumping ship before it hits the iceberg at this point.

1

Sep 10, 2019 9:21am

Quoting Skracor247

Disliked

{quote} Sadly, you don't get to own a 'death pledge', only the banks get to own your 'death pledge'... In fact, you don't own anything until the 'death pledge' is completely repaid...

Ignored

Meaning... the 'mortgage' owns you. Nice twist of my words, but more accurate. Thank you for correcting me.

1

Sep 10, 2019 3:58pm

Quoting Not-KPMG

Disliked

{quote} Nice jabs Can i throw a question here. We know crisis is coming. We know printing billion trillions is coming. Rates will be zero OR UNDER ZERO. We all know that. Come December.... Now question: if you have MORTGAGE at UNDER ZERO times, do YOU GET $$$$$ paid to you?

Ignored

This was the principle so far...
But perhaps... the future could be different. FED actually tries to keep rates as high as possible and there might come a moment when they wont care any more and will raise the interests to kingdom come. Many CBs from around the world will follow as they also owe moneys to FED.

Real purpose of printing FIAT is to exchange it for real-estate and services.
The easiest way is to spread the most of the paper as fast as you can and when the 'reason' for the public is valid enough not to blame the issuer... squeeeeeze the people out of their moneys and real-estate by increasing the interest rates.
Many (most) of the people will default on their payments.
It's been done before. (many times in many countries)
What Carney is talking about can be read as... "Watch out, banks will start to take out the moneys globally by raising the interests and other means available."

Or perhaps not, it will be as you say, free papers for all from now till the 'end of times'.

1

Sep 10, 2019 8:50am

Quoting RossEdwards

Disliked

{quote} Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated.

Ignored

Sep 10, 2019 10:27am

Quoting bshappens

Disliked

{quote} Meaning... the 'mortgage' owns you. Nice twist of my words, but more accurate. Thank you for correcting me.

Ignored

Nice jabs

Can i throw a question here.

We know crisis is coming.

We know printing billion trillions is coming.

Rates will be zero OR UNDER ZERO.

We all know that. Come December....

Now question: if you have MORTGAGE at UNDER ZERO times, do YOU GET $$$$$ paid to you?

Sep 10, 2019 10:38am

he is the gov of BOE but he's talking global

Quoting RossEdwards

Disliked

{quote} Thank you for agreeing with my point. Astonishingly your post specifically reveals that your negative response relies on your perception that it comes from someone (me) with an "attachment" to the EU? Whats my "attachment" to the EU? OR do you not realise that Carney is Governor of the BoE? and not the ECB? Doh?

Ignored

Sep 10, 2019 2:24pm

Quoting RossEdwards

Disliked

So Carney is a fool because he is stating the obvious? Well guys guess what? Carney has been restating... Dumb.......it? So Im happy to hear him restate the obvious , because for some folk it takes a bit longer for reality to sink in.

Ignored

Few years back pound was 1.39 or 1.40 when they (Carney) said really bad things.
I've been selling since.

Yet, as you said, there are morons still blabbing Buyyyy

Good news for us, smart traders...

..short term buy is ok. This shady Brexit liars

Sep 10, 2019 11:10pm — Edited

Rates are a function of credit, output, income...
It's a function NKPMGollum, you momo, meaning it can have a negative value as long as everything balances right, swinging without wide disparities

The only problem for the macro economists is that not everything 'inflates' at the same rate.
This problem will never disappear for the free economies, and the crypto will complicate it even more accentuating the peaks and troughs of liberal economies ...if the crypto-shit will ever see mass adoption

As far as the individulal savers are concerned about their 'rents', mutual funds are ready for you to invest

Oh, one more thing, never invest in bitcoin, it's an obvious scam!

Sep 11, 2019 6:43am

Quoting Not-KPMG

Disliked

Nice jabs
Can i throw a question here. We know crisis is coming. We know printing billion trillions is coming. Rates will be zero OR UNDER ZERO. :...if you have MORTGAGE at UNDER ZERO times, do YOU GET $$$$$ paid to you?

Ignored

Hohoho

Trumpy may be azzhole, but he DOES LISTEN To ME

Sep 10, 2019 8:05am

So Carney is a fool because he is stating the obvious?
Well guys guess what? Carney has been restating the obvious that GBP and Uk economy is fkuced in any kind of brexit and Royally fkuced in a No-Deal crashout.
And it appears that a whole bunch of folk in the UK STILL dont get it?
So Im happy to hear him restate the obvious , because for some folk it takes a bit longer for reality to sink in.

Sep 10, 2019 8:31am

Quoting clockwork71

Disliked

{quote} If it wasn't the EU you were attached to, you would have a point. Its about jumping ship before it hits the iceberg at this point.

Ignored

Thank you for agreeing with my point.

Astonishingly your post specifically reveals that your negative response relies on your perception that it comes from someone (me) with an "attachment" to the EU? Whats my "attachment" to the EU?
OR do you not realise that Carney is Governor of the BoE? and not the ECB? Doh?

Sep 10, 2019 9:03am

Quoting RossEdwards

Disliked

{quote} Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated. Because most people are too fkucing stupid to get things unless they are endlessly repeated.

Ignored

You know I was agreeing with you right?

Sep 10, 2019 9:12am

Quoting bshappens

Disliked

Wouldn't want to own a mortgage during next decade.

Ignored

Sadly, you don't get to own a 'death pledge', only the banks get to own your 'death pledge'...

In fact, you don't own anything until the 'death pledge' is completely repaid...

Sep 10, 2019 9:09am

Wouldn't want to own a mortgage during next decade.

1

Sep 10, 2019 7:32am

Quoting clockwork71

Disliked

{image}

Ignored

Hehehehehe!

Attached Image (click to enlarge)

Click to Enlarge

Name: temp_3.jpg
Size: 4 KB

Sep 10, 2019 10:23am

There's no economy

No jobs soon...

Few services...

Few banks.

Tomorrow robots, Bitcoin.....

Oooops

1

Nov 6, 2019 10:09pm

At present, there is no desire for a change to loan costs which ought to stay at 0.75%. In any case, similar to the case in the present condition, Carney's analysis will probably be a major core interest.

Sep 10, 2019 7:35am

cable is going down

Sep 10, 2019 7:23am

Attached Image

Sep 10, 2019 10:30am

Cable is going to retest the previous daily support. Roller coaster ride!

Story Stats

Sep 10, 2019 7:13am
Posted by
Newsstand

Low Impact Breaking

25

18.6K