Sunday, Feb 28, 2010

Roger Bootle: Even worse than the Great Depression

The Telegraph: Fiscal tightening - to cut or not to cut, that is the question

The Bank of England should be standing ready to deliver more quantitative easing.

Posted by devo @ 11:06 PM (1512 views) Add Comment

8 Comments

1. devo said...

printy printy

Sunday, February 28, 2010 11:07PM Report Comment
 

2. chrisa said...

Ambrose Evans Pritchard today, Edmund Conway a few days ago and now Roger Bootle again. Mervyn King before that. All part of a get QE going again campaign.

Sunday, February 28, 2010 11:24PM Report Comment
 

3. devo said...

2. chrisa said... All part of a get QE going again campaign

they know there is no other option

i think gamblers call it a 'dead cert'

Sunday, February 28, 2010 11:34PM Report Comment
 

4. chrisa said...

Yep it's getting rather obvious. Some of us said it would never stop. At some stage will the population decide to give up bothering to go to work when they see their earnings made worthless? What's the point?

Sunday, February 28, 2010 11:39PM Report Comment
 

5. paul said...

What is the new premise though?

Before it was deflation. What now? Inflation?!

Monday, March 1, 2010 12:23AM Report Comment
 

6. devo said...

5. paul said... What is the new premise though?

no premise needed

Monday, March 1, 2010 12:33AM Report Comment
 

7. brickormortis said...

"Even worse than the Great Depression"

That explains the rising house prices then!

Monday, March 1, 2010 07:42AM Report Comment
 

8. matt_the_hat said...

House prices are only rising against sterling ;-)

Monday, March 1, 2010 09:17AM Report Comment
 

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