Friday, Oct 26, 2007
Proposed solution = Rate cut = Stagflation!?
Fool.co.uk: Sub-Prime Crisis Is Far From Over
A party of eminent bankers is climbing the Alps. After several hours it gets completely lost.
One of the financial gurus studies his map, turns it upside down, consults his compass, trains his field glasses on distant landmarks, and finally measures the position of the sun.
Finally he turns to his colleagues and says, "Do you see that big mountain in the distance?"
"Sure do," reply the other sages.
"Well, according to my calculations, we're standing on top of it..."
Posted by paranoia blue @ 08:05 AM (246 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.