tag:blogger.com,1999:blog-2249851329008146395.post5499081529372325773..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: Credit crunch continues for UK manufacturingAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2249851329008146395.post-59906113855983069352009-08-04T13:24:06.916-07:002009-08-04T13:24:06.916-07:00vote stalin you know what he would do.......?vote stalin you know what he would do.......?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-19208296538014385202009-08-04T13:26:40.335-07:002009-08-04T13:26:40.335-07:00I think your article is too harsh. Over the quarte...I think your article is too harsh. Over the quarter the lending to other financial corporations only increased by 2bn. The annual 5% figure is misleading and reflects a very turbulent period which hopefully has come to an end. <br><br>Deposits from other financial corporations increased by 20bn. This makes the 2bn of lending sound insignificant.mikehttp://www.blogger.com/profile/05772374031938763566noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-10190715334798041602009-08-04T13:28:21.444-07:002009-08-04T13:28:21.444-07:00Sorry minor mistake. Deposits increased by 14bn (...Sorry minor mistake. Deposits increased by 14bn (20%).mikehttp://www.blogger.com/profile/05772374031938763566noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-53736879298973389022009-08-04T14:31:19.845-07:002009-08-04T14:31:19.845-07:00the highly scientific C@W 'Real Economy' i...the highly scientific C@W <a href="http://cityunslicker.blogspot.com/2009/08/cw-real-economy-index-still-shrinking.html" rel="nofollow">'Real Economy' index</a> still showing >23% y-o-y decline<br><br>but it was nearly 30% June-May ...Nick Drewhttp://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-43416902681324311772009-08-04T15:11:39.780-07:002009-08-04T15:11:39.780-07:00@anon 21.24I think Stalin 2.0 would realise his mi...@anon 21.24<br>I think Stalin 2.0 would realise his mistake and understand that you need money for communism to win. He would go back to his roots and join the British Communist Party and hire the best spin doctors around to re-invent the party. <br><br>He would embrace the banking system as an indebted people are easy to control and manipulate. While at the same time proclaiming an end to world poverty and claiming to be the one true protector of the common British working man.<br><br>We would be outraged that mother Russia lost the war in Afghanistan and invade Afghanistan again, but up the ante to show how strong he was and invade another country at the same time, say, i dont know Iraq as an example.<br><br>He would create false panic and fear in the population to get support for the removal of civil liberties. Any that speak out against the new totalitarian state would be locked them up in jail without charge and for the worst offenders he would out-source their torture to others.<br><br>All school children would receive above average grades so the poor can overcome the oppression of the rich. He would careful explain to the unemployed how elitist professionals keep them downtrodden and out of work.Frednoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-70729521623430991282009-08-05T01:33:58.288-07:002009-08-05T01:33:58.288-07:00Alice - what do you make of the current bounce in ...Alice - what do you make of the current bounce in houseprices? - it shouldn't be!<br><br>Something really weird is happening presently - in all other UK housing busts (i.e. the previous three), house prices went below trend for a while - but presently they have touched the long-term trend and bounced up.<br><br>I think this can only be because there is excessive credit going to the housing market.<br><br>Meanwhile, anecdotal evidence suggests that viable businesses are not getting sufficient credit.<br><br>Lending is going to the wrong borrowers - is it a weird consequence of the policy of a government desperate to create a middle England feel-good factor (= houses still worth silly sums) before the next election?<br><br>Or are the Brits so deluded by silly past levels of lending that reality has not dawned - that all this credit has to be paid back?<br><br>Or - is the present reflationary effort so massive that there will be a temporary upward blip until the election, after which sane monetary policy will reassert itself and with high taxation and interest rates, the rest of a 'great depression' arrives - five or ten years of recession?<br><br>Weird stuff!<br><br>B. in C.Anonymousnoreply@blogger.com