Another major bank has collapsed

 Investing is dead


The trend for Investment Banks closures is continuing with the First National Bank in San Francisco announcing it is closing its doors.
First Deutsche Bank, then Credit Suisse, and now First National.

The reason is people do not have money to invest as they need to use their funds to pay bills, and live off as pay rises fall well below the rate of inflation as the world goes into recession.

Comments

Post a Comment

Popular posts from this blog

I am offended again

Image
 The lady is NOT my type Though I am olde, and have standards, I am not a stic-in-the-mud, it does take someting nasty to offend me, and for the second time it has happened.  As with the first incident , the offense involved a young colored lady with larrge breasts, I have nothing againsr coloured ladies, I wasbot offended by this laady asking to see my penis as soon as we chatted, it was a little weird she was so forawrd when she'd only been chatting a few minutes to ask. What I found offensive, again, is she assumed having large reasts, and in her case an oversize bottom was what I like In short, she has nothing of interest for me..
Read more

Welome to my world

Image
 I am the Spider When a young lady approaches me on Facebook , and asks to move to another site, in my space , little does she realise the rules of the game are changed, they are my rules .
Read more