tag:blogger.com,1999:blog-2249851329008146395.post5248966049097784949..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: The Bank of England statement in fullAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2249851329008146395.post-81693449506233800562009-01-08T23:52:00.000-08:002009-01-08T23:52:00.000-08:00Deflation is the cover for a low interest rate pol...Deflation is the cover for a low interest rate policy designed to bail out new labour's banker mates.vadonoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-55983539992345079922009-01-09T02:06:00.000-08:002009-01-09T02:06:00.000-08:00When will these people start to realise that you c...When will these people start to realise that you can't continue to spend what you haven't got - no amount of rate reductions will change that.<br>The boom of the last decade or so was NOT REAL - we were kidding ourselves that we were wealthy 'cos our houses were worth more.<br>Gordon Brown went along with the flow of easy money and then took credit for a miracle economy...<br>Time for a reality check... the UK depends on foreigners for products, sevices, energy, food etc... the standard of living we ACTUALLY EARN (as a country overall)is akin to a Third World one.<br>Expect a rapid spiral into the abyss... I don't know how it will end, but I do know that it won't be Gordon Brown that will get us out of it!!!Markbaldynoreply@blogger.com