Britain overtakes US as top financial centre

Discussion in 'Economics' started by new$, Oct 8, 2009.

  1. It's based on quality, not quantity.
     
    #11     Oct 9, 2009
  2. I'm over 1M$ in debt, with almost zero savings, and an unstable variable income, I count on the US gov to increase my income via inflation so I can pay off the debt, I have full confidence in them, after all they are in the same situation as me, only on a larger scale
     
    #12     Oct 9, 2009
  3. Manni

    Manni

    #13     Oct 9, 2009
  4. I keep checking the calendar if it's 4-1-09, April Fools' Day.
     
    #14     Oct 9, 2009
  5. zdreg

    zdreg

    why don't u leave? u have an eu passport?
     
    #15     Oct 9, 2009
  6. indeed leaving at the end of the fiscal tax year for Asia.

    I had enough of this. Here are the resons why:

    My taxes last year paid for 25 public sector employee wages. Taxes will be even higher next year as they have introduced this 50% band which in fact results in 52% taxation when you include national insurance.

    They have introduced this £30,000 levy that you have to pay if you want to keep your status of non domiciliation which allows you not to pay taxes on your offshore gains if you don't bring them back to the UK. They are pointing a gun at your head. 2 years from now they will want 50k then more and more.

    I don't own a house but have substantial savings. The fact is I'm not earning anything anymore on my savings as interest rates are barely hovering above 0%. In the meantime, people who bought houses they couldn't afford and pushed prices to ridiculous levels are still enjoying their life at my expense. The cost of bailing them out is no return on my money. The consequence is also that housing prices are not given the chance to correct as they should. There are no real estate transactions taking place because this policy of low 0% interest rates doesn't allow the market to reach an equilibrium. It just foze the market.

    That's why I'm moving my business to Asia where I will pay 20% taxes max.

    I have been too nice. Enough is enough, no more mister nice guy being milked and skinned to bail out the pigs.

    The UK is facing a dire future. Those that can should leave now, run for your life as there is no future in this bankrupt and corrupt country.
     
    #16     Oct 9, 2009
  7. lrm21

    lrm21

    here are several reasons why I belive this to be true

    1) the UK consistently looks the other way whe. It comes to moving money by large banks for nefarious purposes

    it's only after investigations years later...ohh is that what they used the money for.. bloody shame

    2) the UK has whored itself to global financiers at the expense of it's populace...the u.s is only now playing catch up

    3) the UK is a socialist bankers paradise..CCTV cameras in every corner a complicit sheep population un armed and un informed. Capt Gordon at the helm, who nicely sold the gold holdings to the big dogs at centruy lows
     
    #17     Oct 11, 2009
  8. F*ckin hell people where is the love.
     
    #18     Oct 11, 2009
  9. it does ring true, though....
     
    #19     Oct 11, 2009
  10. Mach4-1

    Mach4-1

    come on now guys..u can't blame common people for the stupidity of past generations!

    after all..it is not their fault that those who went before them tried to subdue all..and take all they had..and now..they end up with every idiotic and fanatic moron wandering all over their streets..with nothing to do but cause problems and social headaches..much like the old saying..

    he who dips his wick must pay for the oil

    :D
     
    #20     Oct 12, 2009