Saturday, Nov 24, 2007
Brown sees a Rosy future for the UK while the US crashes and burns
Reuters: UK economy to remain stable - Brown
Self appointed conomics expert Gordo Broon reckons that 'the first quarter of next year that will see the biggest impact on the American economy, particularly house-building and the housing market' and the UK will steer "a course of growth over the next period of time and that the British economy will continue to show itself, even faced with these difficult challenges, able to steer a course of stability."
Wool, pullover, sheeps eyes, nuff said.
Posted by enuii @ 06:16 PM (253 views) Add Comment
2 Comments
- 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
1. alan said...
Brown said...."What's increasingly clear is that all (non Euro) others, each country, over these next few weeks and months has got to steer a course of stability," Brown told a news conference at the Commonwealth summit in the Ugandan capital.
Financial stability is essential to the UK's damaged Finance industry. The next few months could make or break the Finance industry, against this a HPC of 15% is of much lower significance.
As the BBC has been banging out a lot of stories about houses in the last 2 weeks, it's my hunch that Darling will use tight household budgets and houses as an "excuse" to cut interest rates ASAP.
If the Europeans join the cutting game where will it end? Alternatively, if the Europeans keep their interest rates intact, then it won't be just Airbus that catches a cold.
2. drewster said...
So when america sneezes, we no longer catch a cold? Yeah right. Expect any troubles over there to be magnified here!