Old Project Avalon Forum (ARCHIVE) - View Single Post - 50 billion pound bailout for british banks.

SeekingAlpha · 10-07-2008, 09:33 PM

50 billion pounds. I'm joking when I say this but that's nothing. We here in the US have already spent $2 trillion in the last month and that doesn't include the $700b bailout.

I don't know how bad it's going to be there in the UK, but here in the US, we're probably going to see at least 50% inflation in the next 2-3 years. It sucks because that will mean I won't be able to visit London to watch Arsenal FC play live anymore =(.

10-07-2008, 09:33 PM	#4
SeekingAlpha Avalon Senior Member Join Date: Sep 2008 Location: Los Angeles Posts: 10	Re: 50 billion pound bailout for british banks. 50 billion pounds. I'm joking when I say this but that's nothing. We here in the US have already spent $2 trillion in the last month and that doesn't include the $700b bailout. I don't know how bad it's going to be there in the UK, but here in the US, we're probably going to see at least 50% inflation in the next 2-3 years. It sucks because that will mean I won't be able to visit London to watch Arsenal FC play live anymore =(.