Thursday, May 03, 2007

10 Years: BOE Sing Their Praises

Bloomberg: Bank of England Makes `Nice' on Anniversary of Its Independence

``We had the Asia crisis, which spread around the world; we had a recession in the industrial world, which we very narrowly avoided,'' [Eddy] George said. ``It wasn't pure luck.''

Posted by nearly30 @ 09:07 AM (137 views) Add Comment

1 Comment

1. Whiteknight said...

Agreed - no it wasn't luck. We borrowed against the future. The bill is yet to be paid. Idiot.

Thursday, May 3, 2007 10:23AM Report Comment
 

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