tag:blogger.com,1999:blog-2948538160252327076.post2408321135406428711..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: The Bank of England statement in fullAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2948538160252327076.post-49624490273861344122009-01-09T10:06:00.000+00:002009-01-09T10:06:00.000+00:00When 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!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-38568924168317877692009-01-09T07:52:00.000+00:002009-01-09T07:52:00.000+00:00Deflation 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.Anonymousnoreply@blogger.com