Monday, Mar 17, 2008
Hey, relax. It's all fixed!
BBC: UK will fight turbulence - Brown
He told MPs that an EU summit at the weekend had agreed "co-ordinated action at a European and global level".
Posted by alan @ 04:15 PM (1394 views) Add Comment
27 Comments
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1. The Baldman said...
The strong fundamentals chestnut is out again. The Uk economy is built on HPI and financial services. Both are in decline.
2. paul said...
A year on and the same old arrogant, ignorant pap is being trotted out.
3. hpwatcher said...
a terrible, terrible day on the markets.
4. plato said...
Yes and worse to come -- much worse --
I'm watching everyone's pensions declining, which of course will pay for this casino economics.
5. Hpwatcher said...
'...while our economy is resilient and the fundamentals strong...'
this lie will soon be destroyed and brown along with it
6. robh said...
In engineering terms, strong fundamentals can result in harmonics in a system that is distorted. Systems usually employ negative feedback mechanisms to reduce this... take these out and wild oscillation can result. The harmonics can sap most of the systems power and then the power of the fundamental is reduced
7. robh said...
The most entertaining part of the world of finance is the metaphors... turbulence, casinos, tsunami... but the old maritime ones are the most vivid. This economy isn't turbulent or buffeted... its holed below the water line
8. techieman said...
fight using what? - ah maybe he will borrow Jonathan Aitken's "simple sword of truth and the trusty shield of British fair play".... Rather!!!
9. Pacman741 said...
Iraq was a "co-ordinated action" too. For Brown, see Clown!
10. mark said...
well i bought a shed load of barclays shares today, they are like bargin basement....
11. inbreda said...
I still haven't sussed out how to fight the last concept, terrorism, and now he expects me to fight turbulence. What's next? "We will fight blueness in all its forms!", "The great and brave british public will never cease fighting calm and relaxed auras!". The fat git couldn't fight his way out of a paper bag.
12. jack c said...
Talk is cheap - you need more than words to keep the property market afloat and the same goes for the economy
13. Hardcheese said...
The man Brown is an idiot, a blind one at that!
14. uncle chris said...
Hmmm - very brave man Mark - what are the odds on Barclays shares then? Beare Sterns lost over 98% from their peak - are you sure Barclays won't go the same way? Lots of people must be worried about Barclays if they have dropped so low. That said - I wish you well - you are just alot braver than me in the current economic climate.
15. Matt_the_hat said...
Another one for you sailors out there...
"beyond the fall of dews,
Deeper than plummet lies,
Float ships, with all their crews,
No more to sink or rise"
16. titaniccaptain said...
Mark your alot braver than me too and yes good luck
17. denzil said...
I'm with Cameron on this one. Where is the money saved and stored by Brown during the glory years of his miracle economy. My Gran referred to this as, "saving for a rainy day".
Thank heavens he (Brown) has not sold our gold reserves :-)
18. Captainslow said...
Errr, I thought he had denzil, when the price was (northern) rock bottom.
Or were you being hyper sarcastic??!
19. titaniccaptain said...
@ denzil
"Where is the money saved and stored by Brown during the glory years of his miracle economy"...........
Try Iraq......
20. enuii said...
Try Northern Rock and all the other NeuLiebor job creation schemes, quangos and initiatives, they have only spent £6BN in Iraq!
How much would the gold he flogged be worth now?
21. inbreda said...
So it's true then?
we DO need that oil...
22. Herrbbiiee said...
Mark, you are definitely a braver man than me.
I have just been looking into buying shares in barclays, and have been put off by the fact that the president of barclays cashed in over £2m of shares this month... Think I will hold off for a little while longer
23. titaniccaptain said...
oooh forgot about them enuii......must of been on my Iraq soap box again its not very usuall that you get a PM with such a bad track record...he cant even blame the chancellor......he was the chancellor lol
24. harold said...
BBC: UK will fight flatulence - Brown.
Well let's face it, the guy's talk out of his...
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