New Posts For Thread: ..shows just how perilous and fragile the European banking system is....https://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is...HUGE demand for 3 year loans from the European Central Bank...good article by Peston...explains it well.http://www.bbc.co.uk/news/business-16282206Malaysia have a special programme called MM2H which encourages wealthy expats to move there. You basically get an unlimited visa for you and dependants, amd can import anything duty-free. I was considering previously as a possible option without anyhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514244379#514244379Malaysia have a special programme called MM2H which encourages wealthy expats to move there. You basically get an unlimited visa for you and dependants, amd can import anything duty-free. I was considering previously as a possible option without anyTue, 27 Dec 2011 03:06:34 -0600great thread.I have a ???If you live in Great Britain and had say a 20yo child. Would you advise them to move abroad for their working life? Will they infact be paying for this generations mistake OR will it be a "lets wipe the slate clean and starthttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514243183#514243183great thread.I have a ???If you live in Great Britain and had say a 20yo child. Would you advise them to move abroad for their working life? Will they infact be paying for this generations mistake OR will it be a "lets wipe the slate clean and startTue, 27 Dec 2011 00:56:40 -0600And your beans. Don't forget the beans.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514237635#514237635And your beans. Don't forget the beans.Mon, 26 Dec 2011 18:46:44 -0600wyk, I can't comment about Malaysia, you know more about it than I do having lived there. In general however, for anyone believing this place will turn into hell in a worse case scenario, therefore looking to move elsewhere, I would give consideratiohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514236985#514236985wyk, I can't comment about Malaysia, you know more about it than I do having lived there. In general however, for anyone believing this place will turn into hell in a worse case scenario, therefore looking to move elsewhere, I would give consideratioMon, 26 Dec 2011 18:19:26 -0600I have been giving a bit more thought to the idea of selling up in the UK now and retiring to somewhere like Malaysia (where I have lived before). Property is cheap there and the cost of living much lower. I would also avoid having to pay any tax onhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514236313#514236313I have been giving a bit more thought to the idea of selling up in the UK now and retiring to somewhere like Malaysia (where I have lived before). Property is cheap there and the cost of living much lower. I would also avoid having to pay any tax onMon, 26 Dec 2011 17:49:34 -0600My own position is quite simple. I have weapons, land, gold, silver, water, lots of beans and live in the middle of nowhere. Just in case.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514234657#514234657My own position is quite simple. I have weapons, land, gold, silver, water, lots of beans and live in the middle of nowhere. Just in case.Mon, 26 Dec 2011 16:37:26 -0600I didn't say I disagreed. My point was that with the exception of death nothing is certain in life and have found that the more people espouse certainty about something the less their view should be trusted. FACT.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514234609#514234609I didn't say I disagreed. My point was that with the exception of death nothing is certain in life and have found that the more people espouse certainty about something the less their view should be trusted. FACT.Mon, 26 Dec 2011 16:35:15 -0600And just so I don't drop an emphatic ZERO CHANCE like a bomb and run, let me explain.Beyond the obvious reliance on the well paid "not-saving" western consumer (particularly the American debt binging, "must have everything now" consumer) the emerginghttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514234371#514234371And just so I don't drop an emphatic ZERO CHANCE like a bomb and run, let me explain.Beyond the obvious reliance on the well paid "not-saving" western consumer (particularly the American debt binging, "must have everything now" consumer) the emergingMon, 26 Dec 2011 16:22:49 -0600Eeternaloptimist Joined: 28 Jun 10Replies: 7932 26 Dec 11 19:15 menelausI thought I made it clear that I don't believe in the decoupling theory which is why I am preparing for the worst. My point was that this was the only chance in my view and a slhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514232977#514232977Eeternaloptimist Joined: 28 Jun 10Replies: 7932 26 Dec 11 19:15 menelausI thought I made it clear that I don't believe in the decoupling theory which is why I am preparing for the worst. My point was that this was the only chance in my view and a slMon, 26 Dec 2011 15:23:47 -0600I will repeat EO what I have only ever essentially been saying, Menelaaus is not an idiot, he is just idiotically extreme.As for my owm idiocy, past or present, quite frankly I don't think I would be where I am today without it.And you can take thathttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28785417/shows-just-how-perilous-and-fragile-the-european-banking-system-is?post_id=514231527#514231527I will repeat EO what I have only ever essentially been saying, Menelaaus is not an idiot, he is just idiotically extreme.As for my owm idiocy, past or present, quite frankly I don't think I would be where I am today without it.And you can take thatMon, 26 Dec 2011 14:29:16 -0600