"Sell everything" says Royal Bank of Scotland

  • Mac
  • Topic Author
  • Platinum Member
  • Platinum Member
  • Posts: 12013
  • Thanks: 940

"Sell everything" says Royal Bank of Scotland

9 years 4 months ago
#596247
The Telegraph

"This is about return OF capital, not return on capital."

"In a crowded hall exit doors are small."

Warnings of markets falling by 20% and oil falling to $16/brl.

Global trade and loans are contracting - a poisonous cocktail for balance sheets and equity.

Please Log in or Create an account to join the conversation.

  • spartanza
  • Administrator
  • Administrator
  • Posts: 217
  • Thanks: 34

Re: "Sell everything" says Royal Bank of Scotland

9 years 4 months ago - 9 years 4 months ago
#596249
Do you have a link Mac?

Things are not well in the world.

Ignore the question - www.afr.com/markets/rbs-tells-investors-...hing-20160111-gm3ssa

"When the seagulls follow the trawler, it's because they think sardines will be thrown into the sea. Thank you very much."
Last edit: 9 years 4 months ago by spartanza.

Please Log in or Create an account to join the conversation.

  • Bob Brogan
  • Administrator
  • Administrator
  • Posts: 82472
  • Thanks: 6448

Re: "Sell everything" says Royal Bank of Scotland

9 years 4 months ago
#596250
Some of us have nothing to sell :(

Please Log in or Create an account to join the conversation.

  • spartanza
  • Administrator
  • Administrator
  • Posts: 217
  • Thanks: 34

Re: "Sell everything" says Royal Bank of Scotland

9 years 4 months ago
#596251
Bob Brogan wrote: Some of us have nothing to sell :(

Might be a good thing Bob. The reason there is a call to sell is because if you don't, you will lose. If you have nothing to sell, you also have nothing to lose.

"When the seagulls follow the trawler, it's because they think sardines will be thrown into the sea. Thank you very much."

Please Log in or Create an account to join the conversation.

  • TNaicker
  • Platinum Member
  • Platinum Member
  • Posts: 6803
  • Thanks: 2221

Re: "Sell everything" says Royal Bank of Scotland

9 years 4 months ago
#596257
Interesting read...many thanks...lack of growth due to too much wealth concentrated in the hands of too few, middle class indebted to the hilt also a contributory factor, deflation and currency wars are going to feature a lot this year... :(
The following user(s) said Thank You: spartanza

Please Log in or Create an account to join the conversation.

  • Mac
  • Topic Author
  • Platinum Member
  • Platinum Member
  • Posts: 12013
  • Thanks: 940

Re: "Sell everything" says Royal Bank of Scotland

9 years 4 months ago
#596359
nkay wrote: Do you have a link Mac?

Things are not well in the world.

Ignore the question - www.afr.com/markets/rbs-tells-investors-...hing-20160111-gm3ssa

www.telegraph.co.uk/finance/economics/12...ry-crisis-nears.html
The following user(s) said Thank You: spartanza

Please Log in or Create an account to join the conversation.

Time to create page: 0.103 seconds