The Virtual Pub

Come Inside... => The Commons => Topic started by: Barman on November 13, 2008, 03:38:33 PM

Title: We must start thinking like South American dictators
Post by: Barman on November 13, 2008, 03:38:33 PM
Quote from: Gavyn Davies
An economy on the brink of deflation needs to jettison the orthodoxies of prudence - in favour of a licence to print money

Source (http://www.guardian.co.uk/commentisfree/2008/nov/13/economy-inflation-deflation-bank-england)

Oh fuck me! doh:

The UK is truly gubbed...  noooo:

Title: Re: We must start thinking like South American dictators
Post by: Snoopy on November 14, 2008, 11:33:59 AM
Given the amount of money he has salted away over the years he should worry  ::)
Title: Re: We must start thinking like South American dictators
Post by: Barman on November 14, 2008, 11:58:38 AM
On the news this morning, inflation in Zimbabwe was 519,000,000,000,000,000,000%

That'll be the UK soon that will...
Title: Re: We must start thinking like South American dictators
Post by: Barman on November 15, 2008, 08:31:17 AM
Quote from: BBC Web Shite
Osborne fears sterling collapse
Gordon Brown's willingness to borrow his way out of trouble could lead to the collapse of sterling, shadow chancellor George Osborne has warned.

In an interview with the Times, he accused the prime minister of being "deeply irresponsible" and suggested he "doesn't care" how much he borrows.

Source (http://news.bbc.co.uk/2/hi/uk_news/politics/7730803.stm)

I don't have much time for the man but I fear he may be right on this one...  scared2:

I did like this bit tho: -

Quote
A Labour spokesman said Mr Osborne was being "irresponsible" by talking down the economy.

It is still the Tories fault after 11 years of labour miss-rule...  lol:

My pension (that I can't take 'till 55 now thanks to an arbitrary decision by Gorgon) will be well fucked but at least shopping will be chaeap when I come back for Xmas with Euros... Every cloud, etc.  noooo:



Title: Re: We must start thinking like South American dictators
Post by: Snoopy on November 15, 2008, 12:29:23 PM
Quote from: Barman on November 15, 2008, 08:31:17 AM
Quote from: BBC Web Shite
Osborne fears sterling collapse
Gordon Brown's willingness to borrow his way out of trouble could lead to the collapse of sterling, shadow chancellor George Osborne has warned.

In an interview with the Times, he accused the prime minister of being "deeply irresponsible" and suggested he "doesn't care" how much he borrows.

Source (http://news.bbc.co.uk/2/hi/uk_news/politics/7730803.stm)

I don't have much time for the man but I fear he may be right on this one...  scared2:

I did like this bit tho: -

Quote
A Labour spokesman said Mr Osborne was being "irresponsible" by talking down the economy.

It is still the Tories fault after 11 years of labour miss-rule...  lol:

My pension (that I can't take 'till 55 now thanks to an arbitrary decision by Gorgon) will be well fucked but at least shopping will be chaeap when I come back for Xmas with Euros... Every cloud, etc.  noooo:





http://uk.youtube.com/watch?v=1loyjm4SOa0