EvilEdna

Agree - they've nowhere to run either

In case anyone missed this one first time round. Conclusive proof Mervyn King is a tellytubby.

This. Printing is the only way out.

I think he's just trying to con you into thinking you're getting a good deal. You can't sell things at a loss and stay in business.

That's the key point - global demand is still rising. We're just getting a smaller share of the pie.

I can see why spending would fall - I can't see why prices would. If making things is more expensive then thing's will have to cost more or retailers will make a loss. Stagflation

True. The big question is what happens the next time the interbank market grinds to a halt and a bank or several banks begin to wobble. My bet is they'll just magic up more funny money and that we're heading for inflation. As a politician you actually get kudos for this - you've saved the day, acted decisively etc. etc. You've done something rather than just let everything fall to rack and ruin.

Also when it says a balance of 27% will raise prices it doesn't mean that 73% won't.

Elsewhere: http://www.guardian.co.uk/business/2011/jun/21/cbi-warns-manufacturers-inflation-higher-costs?INTCMP=SRCH "Britain's leading employers organisation has highlighted the acute inflationary pressures facing industry as it warned that higher prices were likely to be passed on to customers over coming months."

Looks like the Euro's falling on the news - weird

Okey doke - lets hope so

How many of them are economically incative? Plenty of Greeks only make 700 Euros a month.

"Voting is now underway but could take up to an hour." For ******s sake - I'm going to bed.

Can't see anything about the nationality of the ECB head at your link. However, now we're on the topic of national stereotypes can't these Greeks get anything done on time - I thought this vote was supposed to be at 7 p.m.?

To me that comes across as complete cobblers.

This. There's no way there's going to be a market meltdown on Monday.

Can anyone find the actual report? I had a look on LSL's site without success.

It's certainly interesting, however, I think the strength of the euro has more to do with the ECB raising interest rates than anything else. I wouldn't move sterling into Euros at current exchange rates - hold your fire :-)

Not if you ask RB - last week he was on about the current slow down in the Chinese economy.

No, no, surely a sign that delation is just around the corner - it belongs on this thread: http://www.housepricecrash.co.uk/forum/index.php?showtopic=164763

Presumably the rest were don't knowers

That'll be the deflation kicking in

Does it actually have a garden?

The World Bank thinks developing economies in Asia and South America are in danger of overheating - it all makes perfect sense to me: http://www.bbc.co.uk/news/business-13693096