Saturday, Dec 20, 2008

Out of control

MailOnline: Darling's last roll of the dice and the spectre of wheelbarrows of banknotes

This week it became clear that both Alistair Darling and Gordon Brown are beginning to lose control of the British economy.
Their attempt to end the crisis by bailing out the banks with £37 billion of taxpayers’ money in October has failed.
Official quarterly unemployment figures have recorded their biggest leap since 1991, and the number looks set to rise well beyond three million

Posted by v stor @ 10:21 AM (423 views) Add Comment

3 Comments

1. drewster said...

There won't be wheelbarrows. It's all chip-and-pin these days. Makes the inflation less visible.

Saturday, December 20, 2008 02:45PM Report Comment
 

2. crunchy said...

1. drewster

The cashless society will completely seal the deal along with other bank transaction benifits................and.......................................

The climate has to be set for this to be acepted.

Chip and pin to Chip and skin.

Saturday, December 20, 2008 07:07PM Report Comment
 

3. jonb said...

They got at least one thing wrong. Rover collapsed before the election, not after.

Also, the other times when we didn't print money, we had high inflation. We are considering printing money this time because it looks like we are going to have deflation.

As usual, the Daily Mail is not a reliable source of information.

Saturday, December 20, 2008 11:17PM Report Comment
 

Add comment

Username   Admin Password (optional)
Email Address
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

Main Blog | Archive | Add Article | Blog Policies