Reclam

Forex Company Online

Dec 28, 2010

Profitable investments in the Forex for those who can not sell itself.

forexcompanyonline - инвестируй в форекс на короткий срок с высокими дивидентами!

Good day, dear readers of my blog!

I want to share with you an interesting project that fits the definition of "savings and investments" - ForexCompanyOnline

Invistitsii from $1, Term investments of 12 daysWhile you get on 1.15% to 2.47% per day!!!

I did some stats and posted a link ForexCompanyOnline on one of the forums ...

On the first day of my reference was more than 50 people! Likewise, in the second! ..

After 2 days I have received $ 13 deposit from referrals! (These I have already put in 12 days ;) )


Here is a complete marketing project ForexCompanyOnline:

Investment Plan 1,15%
sum $1 - $100
Interest rate 1.15% per day
Period of deposit (days) 12
Reinvestment from 0% to 100%

Investment Plan 1,74%
sum $101 - $1000
Interest rate 1.74% per day
Period of deposit (days) 26
Reinvestment from 0% to 100%

Investment Plan 1,96%
sum $1001 - $2000
Interest rate 1.96% per day
Period of deposit (days) 52
Reinvestment from 0% to 100%

Investment Plan 2,47%
sum $2001 - $50000
Interest rate 2.47% per day
Period of deposit (days) Unlimited
Reinvestment from 0% to 100%

Site ForexCompanyOnline laid daily trading results - What is important!

Yes, the affiliate program!

From the design rules ForexCompanyOnline:
9. Affiliate Program
9.1. In order to expand customer base ForexCompanyOnline through advertising - SERVIS pays nartnerskoe fee of 5% from any deposit (1% for the second level).
9.2. To participate in our affiliate program and profit for the involved partners open a deposit is not necessarily.
9.3. THE CLIENT, by signing up an affiliate link another client, forever secured the partnership structure of the latter.


For the sake of the experiment tried to draw a conclusion from the project ForexCompanyOnline $1 (Because it has already gained interest)
Query to output $ 1 in LeekpaiThe time 11:11...
In 14:55 money came!

And the sum was equal to $1.01!

4 days is the deadline for my small contribution, I will show everything, and then I will put on a new ;)
Waiting for your letters and suggestions!
Good luck!

P.S. I also want to add that invest in ForexCompanyOnline can using creditm, taken in the draft "MaxpaYnet In credit program MaxiCredit".
Details in the article "
MaxpaYnet + Devlani = good income with low investment".
Andrew Povolokin
My contact info:
Skype: PAndy76

Dec 23, 2010

Skype does not connect? What happened?


Skype/// Hello, dear readers! ooVoo - альтернатива скайпу

All have already noticed that in the evening, 22/12/2010, the Skype no longer connect. Skype does not connect or crash ... What is the problem of Skype?

Here is what wrote the Executive Director Skype Tony Bates:

«We are very serious about such a malfunction of our service and we apologize for the inconvenience"- Interview BBC.

Skype Guide explained that the system crashes, due to which many users around the world have lost touch, have been due to the fact that the so-called backbones, the individual connections between computers and mobile phones around the world, out of service because of incompatibility with certain versions of the program

As an alternative service for quality chvyazi to communicate using audio, video and tesktovyh posts suggest you use the service ooVoo !


Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
ooVoo
: PovAndy
Skype: PAndy76

Dec 14, 2010

15WorkDaily - have paid!

Good day, dear readers of my blog!
I decided to return reduces to the project "15WorkDaily" Because I received payments from Herr!

I made a deposit 2010-11-21 of $10 and received payment 2010-11-21 - $13,28 (Could get more than $ 14, but he missed a couple of days):

End time: Briefly: Amount: Comment:
1292163*** sprypay
sprypay
sprypay.ru
13.28 USD sprypay.ru - withdrawal from 2010-12-12 # 178 **


Disbursements from the project "15WorkDaily" received, everything is fine!

Now make a new contribution of $ 100.

Here a detailed description of the project - "15workdaily - investing in the promotion of websites! Check".


Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
Skype: PAndy76

Dec 2, 2010

InGlobalWeb - news.

Information Global Web Inc (IGB)
Good time, Friends.

Today, our company "Information Global Web Inc" makes the next New Year Surprise!

CompanyInformation Global Web Inc" released a new package of services Package - Junior and made it the most convenient and cheap, now even a student can start their business on the InternetNot having a lot of money.

Now, to begin work on the Internet is enough to have all $15 and desire to succeed in the global Internet. A company and the tools that you get help you with this.

This service pack is targeted solely at those people who want to cash in on the service package "Starting".

PackageJunior" has several limitationsOn opportunities, services and tools, but if you want to test the possibility of a business system or make the package "Start" for $ 59 - then you can buy it this pack.

About what gives you the service pack "Junior", you will learn from the next news.

Link to the official website of the company - "Information Global Web Inc"


Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
Skype: PAndy76

Nov 24, 2010

Start4you - another pyramid or a new system of earnings? Check.


Hello, dear readers of my blog!

Perhaps you've heard about the projectStart4you".

This is another project with the ability to generate large profits! And all 100% referral fees you get yourself!

HUGE plus that You do NOT need to wait for my withdrawal from the projectBecause money comes directly from the purse of one partner to another!!!

Basic marketing plan:
Log into the project $20, Pay directly to the purse sponsor USD Perfect Money
Matrix 3x4, Level 4.
1 level 3 partners, 2 nd level - 9 partners, third level - 27 partners, 4 th level - 81 partner.

The principle is, you pay your sponsor for their participation in the project "Start4you" $20 directly to his account in Perfect MoneyAnd the entire $ 20 goes to him as a commission! The project does not receive anything! As a result, the sponsor will activate your system "Start4youAt the first level.
(Be sure to contact the sponsor before paying!)

You invite new partners, from whom also get to $20 and, accordingly, activating them in the first level of the project. But more than 3 people you can not connect to the first line! Just all other invited people will go to your partner! (What do you and your hand!) So it is the 2 nd line no more than 9 persons, etc.

Further, after completing the first level of your matrix you earn $60 (3x$20) And can pay for the transition to 2-nd level.

You pay $40 senior sponsors upward through one level and it will activate you 2-nd level.

You will now get the same revenue from the second line of its matrix, which can fit the 9 partners!

Partners of the second line, in turn, to go to 2-nd level, will pay to you personally for $40Ie You earn already $360 (9x$40).

You can now pay for the transition to 3rd level, which is $200. You'll pay for it sponchoru up through level 2!

Clicking on 3rd level, you will receive $200 from its third line, the activation of 3rd level in the third line, you have 27 people in total you earn $5400 (27x$200)

Thus, completing this level you pay for $1200 its parent sponsor through 3 levels up.

On 4-m level, you will pay 81 c partner on the fourth line of the matrix $1200, All you get $97200 (81x$1200)

By zaversheniivsey matrix you get a total of $101560 ! I think it's a decent salary!

Then you can start again in the new matrix!

There are many tricks to improve and accelerate revenue, as well as to maintain it at a consistently high level! ...

PLEASE, before paying entrance or the next level in the project "Start4you"Contact with the sponsor to whom you are going to do a translation!


Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
Skype: PAndy76

Nov 22, 2010

15workdaily - investing in the promotion of websites! Check.


Hello, dear readers of my blog!

Apredstavlyayu to your attention another hybrid! It can invest its funds and working in the day only 20-30 minutes to generate revenue of about 50% in 15 days!

Not necessarily invite! "15workdaily "


Per-view sites they pay! (You get about 50% of the deposited amount)

Make money by looking at 20 sites on a daily basis (20min.) Within 15 days. (For its partners in store script I autoview)

You earn:
  • When you purchase: 1 unit - $4.25 clean,
  • PPI purchase of 10 units - $42.50
  • If you buy 100 units - $425.00
  • When you purchase 200 units - $850.00
clean for 15 days and 20 minutes. work day. (Then Your investment is returned to you along with income)

1 unit = $ 10

Money to output is not needed. They automatically appear in your account Liqpay along with your deposit. (Either by choice, on the other payment systems - paypal etc.)

There is a referral system.

The site works fine!

15workdaily

Questions? WRITE!

All their partners, I am giving a macro to auto review sites!

Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
Skype: PAndy76

Nov 18, 2010

MaxPayNET - Great news!


MaxPaynet.com

I welcome you, dear readers of my blog!

I have for you the stunning news about a project MaxPayNet»!

There is bad news and good ...

I'll start with the bad ...

At the weekend, 20.11.2010. and 21.10.2010., a server project MaxPayNet"Will be placed on prevention, and accordingly will not be available!

Now the good news!

  1. Over the weekend projectMaxPayNet"Moved to a new, more powerful server.
  2. After moving the project site will be updated.
  3. The new site will have many innovations and additions.
I want to also note that the main thrust of the project "MaxPayNet"Not only loans «MaxiCredit»And wider activities aimed at the possibility of people around the world to save when shopping, while still earning on it!

In future articles will be some more information and details ...

Come to my blog and get the latest news first hand:)

Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
Skype: PAndy76

UltraXOne works. Payments go.

UltraXOne - вход всего $2, а результат огромный!


Hello, Dear Readers!

Once again I remind you about the system "UltraXOne"

Log in everything from $3,3 and have only 2 of the same on $3,3 (Preferably active) to start earning! And if you have active sponsors, you get a LOT of them to the people!

Just suggest you take a part in my campaign "Speed x10"At which you can enter one of the projects is absolutely free!

The conclusion from $3,3 through AlertPay. In the project a little Matrix 2 +3 (a total of 15 people.) Rose all in a heap, all eyes are on the (output $15).

Personally, I closed the first matrix for 3 days!

This is followed by a transition in the following matrix (no extra chargeBe deducted directly from your commission), a higher level (output n the closing of the matrix $75), No divisions no!

Business is interesting because there are several programs that can participate (even all at once).

You can start in $3,3 and gradually climb up from one - to another
(Reinvesting most of its profits on the machine) or withdraw money.

Input 1 - $2.50 You get for closing down the matrix $15.00.
Input 2 - $12.50 You get for closing down the matrix $75.00.
Input 3 - $62.50 You get for closing down the matrix $375.00.
Input 4 - $312.50 You get for closing down the matrix $1 875.00.
Input 5 - $1 562.50 You get for closing down the matrix $9 375.00.
Log 6 - $7 812.50 You get for closing down the matrix $46 875.00.
Input 7 - $39 062.50 You get for closing down the matrix $234 375.00
Input 8 - $195 312.50 You get for closing down the matrix $1 171 875.00

Step by step instructions.


Clean the cookies: Tools - Options - Privacy - Clear recent history
- Cookies.


Push here

Compares the sponsor (Andrey Povolokin) And in the registration form.

"UltraXOne"!

Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
Skype: PAndy76

Nov 17, 2010

UltraXOne - entry is $ 2, and the result is huge! Try.

UltraXOne - вход всего $2, а результат огромный!

Hello, friends!

There is an interesting project:UltraXOne" , entrance only $ 2!

Inviting 2 active partner you are already beginning to generate revenue!

Matrix, with a value entry, filled with instantly!

When connecting to our Russian project team gives one partner!
Need 2 active referral, for the first payment।
...

STEP 3 - LAST CHECK BEFORE ORDER PROCESSING


Then click the button

AlerPay - платёжная система, быстрая и надёжная.

And come to the site AlertPayWhere and are making payment to $ 2.77, (including transfers and commissions).

Remains associated with the Russian team "UltraXOne"(I connect you to the chat room) where you will be given a referral. Second would be very easy to find (at such a low reg. Installment!)

Waiting for your questions!


After / perd registration is required please contact me!

Andrew Povolokin

My contact info:
Skype: PAndy76

Another interesting "new" investment program - "OilStructure"


OilStructure - инвестиции в нефть



Hello, dear readers of my blog!

Present to you the next invistitsionny project -


The principle is simple - you invest any amount between $ 1 and porluchaete interest daily, from 2% a day! The longer investment, the larger the daily charge!

Accrued interest (dividends) can be removed at once, the principal amount can be removed after a specified period (A, B, C, D or E - forever)

Here is a plate available interest rates.
There are five investment plans:
Stage: A In C D E
Period (days): 0-25 26-75 76-150 151-300 300+
Profit (daily): 2.0% 2.1% 2.2% 2.3% 2.4%
Referral Bonus: 10% 10% 10% 10% 10%
The main board output: 100% 80% 60% 40% 0%

Days are counted from the date of first deposit (account no deposit stays on the stage constantly).
Your plan will be changed automaticallyWhen you reach the end of the period.
Izmeneniya steps apply to your entire account (and not for the specific investments).
If you turn on the recipe, the profit is added to the principal balance of each day, and "Major withdrawal fee" applies to your compounded balance.
You can keep your investment neogranichennyoe time.


About OilStructure


OilStructure is an international commercial organization that collects, analyzes and processes the oil industry.


The organization makes a profit by speculating on the oil market.

Feature of the company OilStructure is a broad international network of agents who work for oil companies around the world.

OilStructure - Global Information Analysis Center (GIAC).

We decided to make investments through the Internet.

We are often asked: "How did you know to play the increases and decreases in oil prices?" or "Will the company work OilStructure as well as other companies from time to time make mistakes, but nevertheless remains profitable for the quarter?. "Our reply -" Never. "


OilStructure will never work as a typical company. Companies typically work in the usual way to make a profit in the usual manner. Such income can not be called a profit!

Day for us can be successful if the company earns a 3% or more profit from the turnover of capital.

For ordinary customers of the bank, 10% profit per year is normal. There is an opportunity to make a profit of 20% of successful speculation in real estate.


However, when the company OilStructure was created ten years ago, we gave preference to the oil business.

Maybe it's not profitable, but in general, this industry is fairly stable.

There are no secrets there. We can easily discover the principle of GIAC. And we do not worry about what someone would be able to simulate our scheme of work. It's no secret that the price range on the market of raw materials (as in any other market) depends on many factors.

It is impossible to consider all the factors. For example, we can not take into account that some family that lives in Australia, leaving today to travel by car across the continent. This will increase the demand for gasoline, which in turn increase demand for oil and, consequently, oil prices rpastut the next day.

Now it becomes clear why we can not take into account many factors that ultimately affect the oil market.


Perhaps only the Saudi government may feel confident enough in the oil market because the country has 22% of oil reserves worldwide and produces more than anyone else.

The only way to feel confident in the market to influence the market, or have your own piece of the market.

We assume that Saudi Arabia is the only country that produces oil. Consequently, we can say that the prices on the world oil market under the control of the country.

The second way to stay in the profits to be aware of what is happening in the market. Anyone who has the means, usually gathers the necessary information and then decide to invest in something.

If this one is going to buy shares of any company, most likely, he will study etoukompaniyu, see the profits and losses in the past year, as well as consult with professionals.

Man, like roulette, when he invests in the currency market or commodity markets.

For example, someone is going to invest in gold knows that it is beneficial in the long term (10-30 years), but can not predict price fluctuations in the short term (1-2 years).

As for the oil market, there are many sources where you can find plenty of charts, analysis and other useful information, which reflect the reality of the oil market. Based on this information, a person makes a decision on the conclusion of the sale. But if an investor makes a decision based only on external sources of information, it will be bankrupt sooner or later.

The fact is that most investors who do not have anything to do with the market to make decisions based mainly on the external information available. Now imagine what happens when all investors are informed that the price of oil will rise soon. Everyone starts to buy oil. Increased demand leads to higher prices! Oil prices could rise in the week. This is due to the spread of information, not because of increased oil consumption in the world.


In fact, the following happens: One important figure decided to sell large quantities of oil at a price of 79 dollars per barrel, but now the price is $ 77 per barrel. What is he doing? Involvement of the media it distributes some of the facts about rising oil prices, which should happen within the next week.

Please note that this is just the facts! But everyone reads the news. And demand for oil is growing quickly which simultaneously increases the price. When the price of oil reaches $ 79 per barrel, person, organization, structure, or condition that caused the rise in prices, oil is selling at a good price.

Private investors are happy because they bought oil at a low price (for example, 77 to 79.5 dollars per barrel). The current price is 80 dollars per barrel. After a while it becomes clear, no one is buying oil at current price and it quickly falls to 76 dollars per barrel. Now our powerful figure could easily buy oil at 76 dollars per barrel.


And what about our investors? They do not even realize what happened! Perhaps they blame themselves for failures, as oil prices rose in line with the forecast published in the media. They continue to read the news published by the theme the same people who influence the market.

But do not take into account all the analytical predictions and the media are not true. They may be true. And this is the main problem. There are always facts and events that may affect the price of the goods. But if the media publish information about price increases, prices will rise. If information about the price reduction will be issued, the price will fall. If you rely only on external sources of information, those who are affected by these sources will be enriched at your expense. Output is to obtain information from sources that are directly related to the industry.

A wide network of agents makes the foundation of the company OilStructure durable.

Agents - people who work in the oil business, in companies engaged in the manufacture, transportation and refining. These people give us information that is not a mystery, but at the same time is very important, we can even say is opredelyayuschey.Esli we would not have this network, we could never get such profits by taking decisions on transactions relying only on public information.

We develop this agent network of more than 7 years. We are talking about it openly. We are not afraid that someone else will be able to repeat it, because we know how much work we can do for the development of our current scheme to generate income.

Some of our agents have principals, shareholders oil companies, and ordinary workers, which are linked to oil. These people earn money for information. In turn, we earn profits on speculation in oil and advising some of the financial institutions that are present in the oil market.

In fact, OilStructure has no competitors in the world.

Yes, there are people and organizations that have a direct impact on the market, but they are not considered. They create a framework in which we operate and make profits.

In anticipation of questions, we will immediately answer the most frequently asked: "How can I get a job?".

Do you know how much oil was produced in February 2009 in China? Who is Matt Simmons? What is the average molecular weight of oil? What is the connection between Khalid al-Falih and Ali al-Naimi? Who and when it was discovered the Tengiz field?

Let's agree, you will send your resume only if you have something to say about the oil that we do not know.

Answers to many other questions relating to our business and investment conditions in OilStructure you can find on our site.

Waiting for your letters and suggestions!


Any message from oilstructure.com @ gmail.com, oilstructure@yahoo.com etc. a letter from scam
* We will never ask you to send passwords and account LRYou must enable API support to your account LR *
* We never offer other investment plans *
We ALWAYS publish all news and offers on our site.
If you have any doubts, please, enter your login and create a request to support
.

Good luck!
Andrew Povolokin
My contact info:
Skype: PAndy76

Want to get $50? Or $100? ..

GetinFree.com - выгодные кредиты
Hello all!

I test to regular service!

As promise, nothing should be done, You get $ 50 credit. (+ $ 50 for filling out the profile - Photos, country of residence, date of birth. Total $ 100)

Register Free!

Just tell your friends about this opportunity and give them a link to the projectGetinFree"And you are charged for every $ 50!

Yes, the site still says that the link works only 24 hours! Ie HURRY!

As far as I understand, this project is associated with the loans.
You can get a loan up to $ 30,000.

45 days to profit from the network

You only have 45 days to take advantage of the monetization of the network.

During these first 45 days, you get a lot of money as follows:

  • Earn $ 50 U.S. dollars in loans to complete your own registration
  • Earn another $ 50 dollars for Update Profile
  • Earn $ 25 dollars in credits referring friends who register on the site (for each $ 25)
  • Earn $ 10 for those zateh whom to invite your friends and who sign up to an unlimited number of levels. This is explosive!

All the money you earn is accumulated in GetinFree credit banks. You're allowed to accumulate a maximum of $ 100.000 USD in loan value.

How to spend your credits

Trade in exchange

Open Account Trade currency in FXPRIMUS and use credits to do there real money.

Conversion to U.S. $ 10.000 dollars of loans into real money, translating into a trading account currency FXPRIMUS simply by comparing the amount.

For example, say you want to convert $ 1.000 USD worth of loans.

A simple game, the loan amount by loading $ 1.000 USD on your trading account, and you get the total amount of $ 2,000 USD to trade.

Reverse auctions

Starting November 1, you can use your credits in an exciting reverse auctions.

Just use your credits to buy U.S. dollars, respectively, the rates at FXPRIMUS, and you'll be on your way to victory easy bet for the hottest products on the market FXPRIMUS.

Lifestyle and family products

You'll soon be able to use your credits for dollars (respectively) for personal life and family entertainment such as holidays, online games, electronics, fashion and much more!

Win Apple Award

Invite more friends to the first 45 days in the project and get a prize!

Apple Mac Book

1 st place
1 X MacBook Pro 13in. 2,66

Apple IPad

2 nd place
1 X IPad 64GB

Apple IPhone

3rd place
1 X iPhone 32 GB 4


Waiting for your letters and suggestions!

Good luck!

Andrew Povolokin

My contact info:
Skype: PAndy76

Oct 18, 2010

4dShares - there are profits!

.4dshares.com - новый конкурент проекта power2share.net

Hello dear readers of my blog!

I've got first earnings in the project "4dShares"!

On the general structure, (without lichnikov), I charged about $ 1 a day, (This is on average 10/17/1910 I received a $ 1.8), Taking into account the investment $ 30, it is quite a good thing!

With lichnikov You get 20% of their pay!

Here is a list of income:

  • October 17, 2010 23:49 - $0.36
  • October 17, 2010 21:41 - $0.36
  • October 17, 2010 8:11 - $0.36
  • October 17, 2010 6:28 - $0.36
  • October 17, 2010 4:02 - $0.36
  • October 16, 2010 19:33 - $0.28
Subtotal $ 2.08 for 2 days!

Questions? Be sure to contact us!
I look forward to further cooperation and partnership!

Andrew Povolokin

My contact info:
Skype: PAndy76

Aug 3, 2010

Planning for financial independence.

Budget is the most important thing that will help you to get a financial stabilization. There are many people around us who earn a lot but never maintain a proper budget and if you look at them carefully, you will see that they don't have any financial security. These type of people have to face a lot of problem during their financial crisis. But those who maintain a proper budget are always out of any financial haphazards.

We sometimes think, why we need a budget, can't we live the life as it is? Can't we float with the waves of life? Yes we can, every one loves to be free from any trouble. But the problem is that you never know what will happen the nest moment. We are not super visionary, so how can you prevent the problem coming to you? The answer is a proper planning. And if you want to prevent the financial problem, you have to make a proper budget.

Debt is the biggest problem of this time and once you fallen in debt, it's not so easy to get out of that. The best way is to make a proper budget to get out of that. Budget dose not mean that you become cheap, it dose not mean that you won't have one burger but one thing that you may have to sacrifice some of your luxuries. Keep a particular goal in your mind and set your budget or expenditure according to that.

Make a fix budget on everything, on food, on transportation etc.. Keep the money in an envelop and write the name on it (like, for food or transport). Try to keep the budget within that. You may face problem at the beginning but later you will be habituated with the condition.

Don't think too much before starting a proper budget. Make a short term goal, it will help you to reach their quickly. And remember one thing, if you achieve something that you desire to get then it will give you a mental satisfaction, you will trust yourself more than before but if you make a huge goal and failed to achieve, it will dishearten you. It won't be good for you. So always start with a short term goal and after achieving them one by one, you can think of a long term goal.

It's your life, you know how to lead it but if you want to make your future, you have to go for a proper budget because we all know, prevention is better than cure.
Original post "Budgeting for Financial Freedom"

UK National Debt

 .
The UK national debt is the total amount of money the British government owes to the private sector and other purchasers of UK gilts.
From figures published May 2010, UK public sector net debt was £903.0 billion. (or 62.2% of National GDP) – Source: Office National Statistics [1] (page updated June 18, 2010)
Excluding Financial sector intervention, public sector debt is £771 billion or (54% per cent of GDP)
The PBR (annual government borrowing) forecast for 2009/10 is for net borrowing of £178 billion or 12.6% of GDP.
Graph Showing UK National Debt
National 
debt UK
National debt UK : ONS
After a period of financial restraint, National debt at a % of GDP fell to 29% of GDP by 2002. Then, national Debt as a % of GDP  increased from 30% in 2002 to 37 % in 2007. This was despite the long period of economic expansion. It was primarily due to the governments decision to increase spending on health and education. There has also been a marked rise in social security spending.
Since 2008, National Debt has increased sharply  because of:
  • Economics Recession (lower tax receipts, higher spending on unemployment benefits)
  • Financial bailout of Northern Rock, RBS and other banks.
Although 60% of GDP is alot it is worth bearing in mind, that other countries have a much bigger problem. Japan for example have a National debt of 194%, Italy is over 100%.  The US national debt is close to 71% of GDP. [See other countries Debt]. Also the UK has had much higher National Debt. e.g. after the second world war it was over 180% of GDP.

National Debt and Financial Bailout

The Nationalisation of Bradford & Bingley and Government purchase of shares in major banks like HBOS will cause even more borrowing. It is estimated National debt will could rise close to 100% of GDP by 2012
It is way above the government’s sustainable investment rule of 40% maximum. However, the debt is  different in the sense that the government has a reasonable chance of getting, at least, some of its money back. It is different to say borrowing to pay pensions.

What is the Real Level of UK National Debt?

However, it is argued that UK’s national debt is actually a lot higher. This is because national debt should include pension contributions and private finance initiatives PFI which the government are obliged to pay.
The Centre for Policy Studies (at end of 2008) argues that the real national debt is actually £1,340 billion, which is 103.5 per cent of GDP. This figure includes all the public sector pension liabilities such as pensions, and Private Finance Initiative contracts e.t.c (Northern Rock liabilities).
  • However, these pension liabilities are not things the government are actually spending now. Therefore, there is no need to borrow for them yet. It is more of a guide to future public sector debt. I don’t accept the fact that future pension liabilities should be counted as public sector debt. In 2006, the Statistics Office did change calculations to include some PFI into public sector debt figures [pdf - Treasury.gov.uk]
  • However, it is a sign that it will be difficult to improve finances in the future.
Another problem is that with the financial crisis, the government have added an extra £500bn of potential liabilities. Note: the Government has offered to back mortgage securities. They are unlikely to spend this money. But, in theory the government could be liable for extra debts of upto £500bn. If we include this bailout package as a contingent liability National debt would be well over 100% of GDP.

Forecast for National Debt

net-borrowing
Source: HM Treasury – may prove to be overly optimistic
The Public Borrowing Requirement forecast for 2009/10 is net borrowing of £178 billion.
Problems of National Debt
  1. Interest Payments. The cost of paying interest on the government’s debt is very high. In 2008 Debt interest payments will be £31 billion a year (est 2.5% of GDP). In 2009, they will be £35 billion (similar to defence budget). Public sector debt interest payments could be be the 4th highest department after social security, health and education.
  2. Higher Taxes in the future.
  3. Crowding out of private sector investment / spending
  4. The debt problem will only get worse as an ageing population places greater strain on the UK’s pension liabilities. (demographic time bomb)
  5. Negative impact on Exchange Rate (link)
See also:

History of National Debt

national debt as % of GDP
national debt as % of GDP: Source: no 10.gov.uk
National Debt since 1900

Original post "UK National Debt"

Jun 22, 2010

Dubli - online-shop of new generation

iPad us $28 Want to buy any products at ridiculous prices? Just go and read the proposals of the portal Dubli (competitor to eBay)

Jun 16, 2010

Layer 2 - Mezzanine Debt


Mezzanine Debt is provided by independent funds and on EBITDA multiple basis. It stands behind the senior debt. It is unsecured by assets and does not require a personal guarantee. This layer carries significantly more risk than senior debt. It is generally priced at 20% per annum. The mezzanine provider charges interest of approximately 12% per annum and takes a small equity warrant in the business ranging from 5 to 20%. The standard mezzanine debt multiple is 4 to 4.5 times EBITDA. Mezzanine loans are long term money. They usually require only interest payments with no principal payments for the first 3 to 4 years. Most mezzanine loans mature in 5 to 7 years. Because mezzanine lenders own a small piece of the business, they tend to share same risk reward profile as the business owner. It is in their own interest to promote growth of the business.
Mezzanine debt is a hybrid form of capital with features of both debt and equity. Mezzanine debt is generally structured as 6 years in maturity with interest only for the first three years. It ranks junior to senior bank debt. It carries an interest rate of approximately 12%. Mezzanine lenders target companies that are well established consistently profitable. Typically, these companies have strong cash flow but are not bankable due to a lack of hard assets. Mezzanine debt, when properly used, can provide all the capital needed for to fund an acquisition or buy-out. A business’ mezzanine debt capacity is easy to define and can make a world of difference in terms of ownership dilution.
Attract Capital is an expert in measuring any company’s mezzanine debt capacity. Regardless of the type of business, its revenue size ($10 million to $100 million) or financial trend (strong, flat, uneven) – we bring life to a business’ mezzanine debt potential. Through creating this possibility of mezzanine debt financing, we greatly expand our client’s access to capital.

Original post "Layer 2 - Mezzanine Debt"

Debt Settlement : Is this for you?



    I get lots of questions from my readers asking about debt negotiation and settlement. A few years ago, I got to know Sam Sky, who is in the debt settlement and credit repair business with Debt Negotiation Associates. I've made an arrangement with him to provide his services to my readers and also asked him to give us a run down on what is debt negotiation, the pros and cons. This is what he has to say. From : Sam Sky, Debt Negotiation Associates If you presently find yourself with a huge debt burden, you do realize that you somehow have to resolve this situation. There are a few options that you have. Some are straightforward enough, but some require some explaining. So here are your options you can take. 1. Get a job that triples your present pay or win the lottery - It may be unrealistic for most, but for some lucky few, this could be just the ticket to pay off your debt without resorting to the other options below. 2. Bankruptcy - For some, this may be the smartest option. But for many, the stigma and the fact that this stays on your credit report for 10 years matters. Furthermore, bankruptcy is in the public records and requires you to appear in Federal Court. If you file for a chapter 13 bankruptcy, you may still have to pay your creditors a portion of what you owe them even after you have emerged from BK! Bankruptcy is most appropriate if you cannot even make payments either because of loss of job, medical condition (disclaimer: this is not legal and you are adviced to seek legal opinion). 3. Obtain a debt consolidation loan - This normally takes the form of a home equity line of credit (so essentially you need to have a home). With the latest financial crisis and loan losses suffered by banks, this is becoming a more difficult option than it was a couple of years ago. Furthermore, if you do a debt consolidation loan secured by your home, it puts you in an even more precarious situation because if you ever miss your payments again, there goes your home! This method will be suitable for some with sufficient equity in their homes, has a stable job and essentially can afford their interest payments but want to lower them. 4. Consumer Credit Counseling Services - This is usually a "non-profit" organization that is funded by contributors from various creditors (whose side are they on?). This is how it works. The consumer credit counseling service will usually get you a lower rate from your creditors. You will have to pay them a monthly payment, which they will disburse to your creditors. Your monthly payment will include a fee to them (for negotiating a lower rate for you). The advantage of going this route is that your monthly payments will be lower. This disadvantage is that your debt burden is not reduced. This will only work if the new monthly payments are lower than your existing payment (including the fee). If all you have is credit card debt, you should first actually try to call the credit card companies yourself to try to get a lower rate. 5. Debt Settlement for less than the full balance - If done correctly and under the right circumstances, the majority of creditors will settle for less than the full balance. Debt negotiation will work for those who are in a situation of heavy debt burden, but will actually do just fine if that burden is reduced. Since debt negotiation is my specialty, let's go over this in more details.
    Who is it for
    Debt negotiation is not for everyone. It is most suitable for those people whom just a reduction in their debt load would put them back on a stable financial footing. If you are too deeply in debt, have lost your job and have no savings, bankruptcy may be the only option for you.
    What can be settled?
    Debt negotiation is only available for unsecured debt. That means things like credit card debt, medical bills, department store credit cards. There is really not much you can do with debt that is secured like your mortgage (backed by your home), student loans (which you cannot get rid of even in a bankruptcy), alimony and child support (mandated by the courts), although these days, you may just try to negotiate your mortgage with your bank. Depending on the creditors, it is possible to settle as low as $0.35 on the dollar though some will accept about $0.60.
    Can I do Debt Negotiation Myself?
    Off course you can. But before you do so, there are some vital things you have to know before you go DIY.
  • You need to be a good negotiator and have the right mindset - Your creditors just aren't going to say YES, give you your wishes and write down thousands of dollars of debt without a fight. As with most negotiation process, this can be a drawn out process and you have have perseverance and patience. Only you yourself will know if you are the "negotiating type".
  • Beware that creditors often threaten litigation - Many times, they are bluffing. But sometimes they are not. When should you call their bluff? Or how do you even know they are bluffing? Truth is that most folks will not know unless you have been in the business and know how they respond to debt settlement negotiations
  • You need to know what is a good settlement? - Is $0.50 a good deal or not? Truth is it all depends on the creditors. Some creditors are easier to work and then to settle for a bigger haircut. Others may never settle for less than $0.60 on the dollar. The trick is to know the the patterns of the different creditors so you'll know when to hold out and when to accept an offer
  • You have to negotiate differently with different creditors - just like different creditors will settle for different amounts, dealing with different creditors requires different negotiating tactics. Different creditors simply have different guidelines as to on how to deal with this matter. What works for one may end up triggering a lawsuit for another.
  • Very often, debt settlement is about who you know and who you spoke to rather than what you know - Getting to the right person can make all the difference in the world between getting a settlement or not.
  • You need to know if you should negotiate with the creditors or let your account go to a collection agency and negotiate with them instead - this can be tricky. The answer is that it usually depends. Sometimes, it is better to negotiate with a creditor and at other times, it is better to negotiate with the collection agency.
  • What do you do if your accounts is referred to a law firm? - Does it mean that you will definitely be sued. Not necessarily. We have negotiated settlements with law firms over the years. There is a different approach to settling with them than with a typical creditor.
  • Can liens and judgments be settled? - Yes they can, BUT there is a proper way to do it and you have to ensure that the proper paperwork gets filed at the courthouse when all is said and done.
  • Understand that there are various methods to settle your debt - You could get the principle reduced and pay it off over 2 to 4 years or negotiate a lump sum. Depending on which method you choose (or can afford), you could potentially protect your credit score.

    What are the different ways to settle your debt?

    There are two ways to do this. You could settle your debt for a lower principle and pay it off over 2 to 4 years. Alternatively, you could settle your debt and pay it off immediately once you agree to the settled amount. This process usually takes a few months. If you can afford a lump sum settlement, we can negotiate terms for you so that your credit will not be affected.

    What are the drawbacks of Debt Negotiation?

    Debt Negotiation is NOT for everyone. Rather than painting a beautiful picture, I'd rather give you both the good and the bad and explain some of the issues you may face if you decide to go this route.
  • No debt negotiation company can guarantee that they can stop all collection calls - The good ones will be able to dramatically reduce the number of collection calls (sometimes even all). But you may still get calls from collection agencies.
  • No credible debt negotiation company can guarantee any specific amount - Just like no investment advisor can guarantee a consistently high returns every year. But what they can guarantee is a sound investment philosophy. Similarly, a credible debt settlement company use use sound practices and protocols that will over time produce consistent results. But this cannot be guaranteed for every client.
  • Your credit score will take a hit - Under most circumstances, your credit score will take a hit UNLESS WE NEGOTIATE A LUMP SUM SETTLEMENT ON YOUR BEHALF. But you already understand this, you cannot not to pay your bills, get them reduced and not have your scores affected.

    Why People Use Debt Negotiation Associates?


    So let's get to the chase. Why do people use us instead of doing it themselves or using other firms? Well, for several good reasons.
  • You do not have the time to see through this process. Look, as much as I like it to be like time, debt settlement takes more than a 10 minute phone call with your creditors. And they are not going to just rollover with you and agree to your proposal. This process requires planned phone calls, letters and constant negotiations which will take months.
  • You just do not know how to go about doing this - each creditor has their own policies and procedures and you have to deal with different institutions differently. You will probably do this only once in your lifetime (hopefully) while I have done it for years. I know the different creditors and how to negotiate with them.
  • By utilizing us, you get away from the emotional baggage that comes when you are constantly battling with your creditors and collection agencies. In certain cases, your agreement with your creditors will specifically state that you cannot negotiate with them. In that case, you simply have to use a third party. More to the point, if you are not in a perfect state of mind, you cannot negotiate. That is why people who make a lot of money always use a recruiter or their agent to negotiate for them because emotions get in the way of making the best decisions
  • If you can afford to settle for a lump sum payment, we have learned how to do this while protecting your credit - Yes, in fact, I think that we are the only firm that does this and we have learnt to negotiate lump sum settlements in return for creditors protecting your credit.
  • Before I go....
    I hope you have found this information helpful for yourself. I have given you an outline of the various choices you have if you are deep in debt (especially unsecured debt). You have various choices as we have outlined above. Debt negotiation is not for everyone. For whatever the solution is for you, you have to take action. If you do nothing, your circumstances will not change. If you do something about your situation, then you could potentially
  • sleep better
  • know that you will not be in financial ruins
  • get that debt burden off your shoulder
  • heal any rifts in your relationship with your loved ones because of the stress you are going through
  • Remember, only you can decide your future. I hope you have found this information useful. If you decide to engage in my services, all you have to do is just to fill out the form below. There are a couple of requirements for us to work with you. Firstly, your unsecured debt must be at least $15,000. After going through your situation, you must be in a position to service the new reduced debt. If we feel you should consider bankruptcy, we will advice you to consult a bankruptcy attorney. Either myself or one of my associates will call you and talk to you about your problems and hopefully, help you out. Regards Sam Sky Debt Negotiation Associates 
    ...


Original post "Debt Settlement : Is this for you?"

FilVets kept waiting for lump sum payment


SAN FRANCISCO—Filipino World War II Veterans are no strangers to waiting. After 63 years of waiting for their benefits, the manongs say they are being made to wait again, this time for their lump sum payments.
Every day, Ceferino Palad walks to his mailbox, hoping his fortune will finally come.  He was among the first veterans who filed their lump sum claims a few weeks after the law was passed in February.
"Araw-araw naghihintay kami. Eh ilang buwan na ngayon.  Nasaan na ang pera namin?" Palad said.
Out of 34,000 claims filed, the Veterans Affairs in Manila has only processed 5,000.  The VA denies any delay and says it even hired 15 additional staff to expedite the lump sum processing.
“We've paid out almost 40 million dollars benefits so far and that's an extraordinary number considering that the law just passed a few months back,” said Jon Skelly, Director of the VA Manila Regional Office.
The VA says other claims take much longer to process because of incomplete forms and documents.  Skelly reminds veterans to keep their mailing addresses updated with the VA.
Many veterans are concerned their lump sum payments won't arrive before the February 16, 2010 deadline.
"May sakit kasi ako eh.  Paano kung mamatay na ako, pero wala pa yung pera?"  said veteran Benjamin Canonigo.
The VA clarifies that the February 16, 2010 deadline is just for application purposes.
“We will continue to process claims long after that if need be to make sure every claim has a decision made on it,” Skelly said.
The VA says the only way the filing deadline will be extended beyond February 16, 2010 is if Congress passed an amendment.
The VA adds that should the veteran pass away before his claim is processed, his widow can get the lump sum payment.  But if the veteran is already widowed, the payment will not be extended to any of his children or any other heir.
"Kailangan din ng mga anak namin ang pera.  Sana naman puwede naming ipamana sa kanila,” said Justino Lauzon, another veteran.
Veterans who are already widowed are proposing to the Veterans Affairs that they can submit a will, indicating that they want their money to go to their children or other heirs should something to them before their claim is processed.  They hope the VA will consider this request.

Original Post "FilVets kept waiting for lump sum payment"