tag:blogger.com,1999:blog-2948538160252327076.post7636373196085052030..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Rates down againAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-2948538160252327076.post-55815468702556946742009-02-06T15:24:00.000+00:002009-02-06T15:24:00.000+00:00How long will it be before gilt yields start to ri...How long will it be before gilt yields start to rise? Not long, I fear.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-66561649933833961212009-02-06T14:05:00.000+00:002009-02-06T14:05:00.000+00:00> or is that Somalia?Brixton.> or is that Somalia?<BR/><BR/>Brixton.AntiCitizenOnehttps://www.blogger.com/profile/00017073518049848696noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-7761621177499799832009-02-06T13:48:00.000+00:002009-02-06T13:48:00.000+00:00Once we get Quantitative with our easing, we'll be...<I>Once we get Quantitative with our easing, we'll be well on our way to that sunny Zimbabwe feel to our economy, and won't the pensioners love that</I><BR/><BR/>Ohhh - I want a Technical, some RPG 39's and a tonne of Khat for me retirement then (or is that Somalia?) .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-13132227743258656122009-02-06T09:20:00.000+00:002009-02-06T09:20:00.000+00:00I only have to look around my area to know next to...I only have to look around my area to know next to no growth has occured during the New Labour years. There has been a bit of an uptick in consumer side of economy, but in terms of new jobs and companies that pay well, nothing. <BR/><BR/>By the way, the currency will drop to dollar par by mid-2009 so make hay while the sun shines.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-68016830355280276552009-02-06T01:21:00.000+00:002009-02-06T01:21:00.000+00:00> there is no way to shrink money supply in a d...> there is no way to shrink money supply in a debt based fiat system.<BR/><BR/>Nonsense, raising the reserve ratio will do it.<BR/><BR/>As will making banks take losses off their reserves. The government is desperately trying to stop the above as it will highlight how little economic growth we've really had during the Labour party disaster.AntiCitizenOnehttps://www.blogger.com/profile/00017073518049848696noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-40098183158836524062009-02-06T01:18:00.000+00:002009-02-06T01:18:00.000+00:00they will have comprehensively wrecked the UK econ...<I>they will have comprehensively wrecked the UK economy. </I><BR/><BR/>Never mind the private sector bankers and borrowers. Merely spectators.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-31040811839419598732009-02-05T21:46:00.000+00:002009-02-05T21:46:00.000+00:00> Over the past few weeks sterling has strength...> Over the past few weeks sterling has strengthened <BR/>>against major currencies<BR/><BR/>Dead cat bounce.Panos Konstantinidishttps://www.blogger.com/profile/11174341804476114495noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-17776831805279349542009-02-05T19:54:00.000+00:002009-02-05T19:54:00.000+00:00Over the past few weeks sterling has strengthened ...Over the past few weeks sterling has strengthened against major currencies. E.g now 1.14 euro to the pound. Abandoning the currency is not the answer. It's a fools game to start switching currencies.mikehttps://www.blogger.com/profile/05772374031938763566noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-75636826406993369662009-02-05T19:22:00.000+00:002009-02-05T19:22:00.000+00:00I see that the Building Societies pleas for some r...I see that the Building Societies pleas for some return for those on fixed income got taken very seriously by the Prime Minister and Merv King, before they slam dunked it into the rubbish bin.<BR/><BR/>They could have only made it better by joining the board of RBS for a celebratory £ note burning session, broadcast live on daytime tv during the break of Channel 4's 'Countdown' game show.<BR/><BR/>Once we get Quantitative with our easing, we'll be well on our way to that sunny Zimbabwe feel to our economy, and won't the pensioners love that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-9776170251609950132009-02-05T17:35:00.000+00:002009-02-05T17:35:00.000+00:00Price controls also cause overproduction.The money...Price controls also cause overproduction.<BR/>The money supply is excessive for our needs and should shrink, unfortunately there is no way to shrink money supply in a debt based fiat system. There is only one solution which is to inflate away the debts, hence everybody with a brain having already abandoned sterling. (yes, you are too late now).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-14158775860691523332009-02-05T16:46:00.000+00:002009-02-05T16:46:00.000+00:00It didn't help when they cut interest rates from 5...It didn't help when they cut interest rates from 5% to 1,5%. What makes them think that it will help cutting them from 1,5% to 1%?Panos Konstantinidishttps://www.blogger.com/profile/11174341804476114495noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-6590431436661338852009-02-05T16:04:00.000+00:002009-02-05T16:04:00.000+00:00Price Control = Shortage + Inflation.Price Control = Shortage + Inflation.AntiCitizenOnehttps://www.blogger.com/profile/00017073518049848696noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-28466938614298508762009-02-05T15:24:00.000+00:002009-02-05T15:24:00.000+00:00Please highlite those effects for the hard of thin...Please highlite those effects for the hard of thinking, Rick.Electro-Kevinhttps://www.blogger.com/profile/18073103431166273080noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-80374565842189364552009-02-05T14:33:00.000+00:002009-02-05T14:33:00.000+00:00Succinct and to the point - they will have taken p...Succinct and to the point - they will have taken price control to a new low level totally distorting the market and risk. The unfortunate fact is that it's only a mater of time before the side effects of this policy become all too apparent!Anonymousnoreply@blogger.com