H.D.A : THOUSANDS MARCH IN CENTRAL LONDON TO PROTEST AUSTERITY i.e. AGAINST MISERY AND POVERTY UP TO FORCING STUDENTS TO PAY EDUCATION FEES.UK IS DRIFTING TO POVERTY IF NOT BANKRUPTCY THAT IS WHY UK/US ARE LOOKING FOR NEW WWIII.ONE BRITAIN MOST SENIOR FUND MANAGERS SAYS IT IS TIME TO HOLD PHYSICAL CASH,NOT ONLY BANK NOTES AND SHARES IN ECONOMIC COMPANIES!!US/UK/FRANCE ARE INVOLVED IN WARS IN ARAB WORLD AS IN LIBYA,EGYPT,TUNISIA,YEMEN,SYRIA,UP TO CREATING TERRORISM ORGANISATIONS IN NAME OF ISLAM TO DEFEND THEIR ECONOMIC INTERESTS!!FAREWELL TO WESTERN VALUES OF DEMOCRACY,HUMAN RIHTS,AND FREEDOM OF EXPRESSION!!WE ARE LIVIN ERA OF FADING AND COLLAPSING WESTERN CIVILISATION!!
A)THOUSANDS MARCH IN CENTRAL LONDON TO PROTEST AUSTERITY
B) IT S TIME TO HOLD PHYSICAL CASH SAYS ONE OF BRITAIN’S MOST SENIOR FUND MANAGERS
Thousands marched in central London Saturday to protest against British government austerity programs and spending cuts in a massive show of force meant to win attention to the plight of the poor.
The march began with a festive mood. Red flares exploded as the rally got underway at the Bank of England, sending plumes of scarlet smoke through the financial district’s narrow and winding streets. Brass musicians offered a tune as demonstrators waved placards, balloons and banners on the way to Parliament Square
The event is intended to vent outrage, albeit peacefully, over the Conservative government’s plan to slash millions of pounds in public spending to address the deficit, which ballooned after the nation rescued its troubled banks during the 2008 financial crisis.
B)‘IT’S TIME TO HOLD PHYSICAL CASH,’ SAYS ONE OF BRITAIN’S MOST SENIOR FUND MANAGERS
The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.
Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock.
“Systemic risk is in the system and as an investor you have to be aware of that,” he told Telegraph Money.
The best strategy to deal with this, he said, was for investors to spread their money widely into different assets, including gold and silver, as well as cash in savings accounts. But he went further, suggesting it was wise to hold some “physical cash”, an unusual suggestion from a mainstream fund manager.