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Everything posted by Josieful

  1. What doesn't seem to work is Vince Cable! After two and a half years in government he still seems to think that he is part of the opposition..
  2. If Stephanie floundering Flanders truly is the brightest of those that Joe Lynam meets then I suggest that he gets out more! How is Stephanie Flanders prediction that oil/petrol prices would fall heavily in 2012 going?
  3. It would appear that Stephanie Flanders is not the sharpest tool in the box. Lets face it things have got grim when expenses cheat Jacqui Smith feels she can have a go. Jacqui Smith ‏ @smithjj62 @BBCStephanie Did the Home Office tell you it was polling day today?
  4. Thanks I found the housing data interesting and share the authors views that rising mortgage rates will affect house prices.
  5. I see also that Adam Posen is getting in his view by having an incredibly sycophantic interview in the London Evening Standard. This interview is so fawning it tells us this. http://www.thisislondon.co.uk/business/markets/economic-analysis-banks-fireman-who-quelled-the-flames-of-crisis-7660775.html Mind you I see that there has been a reply which offers a rebuttal to this view. And lets face it such waffle and writng of history does require a response.
  6. I enjoyed these so thanks. Mr.Posen will be reminded soon of his promise to resign if inflation is not 1.5% this summer. It is looking ever less likely.
  7. Thanks for this. I found the discussion in the comments section about the scale of emigration from Portugal fascinating too. And a drought! It is almost Biblical the way everything is hitting Portugal at the same time.
  8. Yes although they keep trying to spin reality it keeps coming back to bite them!
  9. Thanks I enjoyed the link with the bit on the fall in real wages and incomes and the implications for future house prices being particularly interesting
  10. Yes I agree and the post referred to was very informative about how the Greeks have suffered from inflation at a time that economic theory would have told you they would not have any! And that it was being made worse by the wage cuts..... How will they ever repay the debt with falling real wages? Is an insightful question.
  11. The whole debate and the scorn poured on her articles seems to have intimidated the BBC's economics editor Stephanie Flanders from blogging. Her last post was on the 21st of March. Mind you she does seem to have an enormous holiday entitlement so perhaps she has gone early for Easter! Does anybody know if she is paid on a part-time or a full-time basis by the BBC?
  12. So it looks like the Bank of England has learnt nothing from its mistakes and intends to keep making them! When will we get a change from their failed policies?
  13. The BBCs Economics Editor Stephanie Flanders lack of economics knowledge has now come under even more criticism. http://www.nakedcapitalism.com/2012/03/philip-pilkington-scattergun-economics-%e2%80%93-the-bbcs-stephanie-flanders-muddies-an-already-impenetrable-argumen.html
  14. There was a good section/analysis of 100 year Gilts in the Guardian. I found the bit quoted belwo particularly helpful,after all who would buy them? http://www.guardian.co.uk/politics/reality-check-with-polly-curtis/2012/mar/14/budget-2012-100-year-bonds#block-4
  15. Stephanie Flanders has a very poor track record and is lucky to still have a job. Some of her gems have been "There are no signs of inflation" "Greece will get nowhere near default" "I expect petrol prices to fall heavily in 2012" The only decent part of her blogs -which are very rare these days, how many holidays can you have?- are the comments section and some of the comments which have the most votes on this post are very good and I recommend them to readers and not the blog itself.
  16. I think that you are right that the whole deal looks very shabby and I wonder where all the Euro supporters such as Will Hutton are now.
  17. Back on December 20th the BBC's Economics Editor Stephanie Flanders gave us her "thoughts" on the oil price. Could she have been more wrong? Is that why she has been blogging much less lately?
  18. I guess Stephanie Flanders of the BBC will be back peddling that sort of line. After all she told readers of her blog this back at the turn of the year that the oil price would fall in 2012. No wonder she appears to have taken yet another week off!
  19. Ed Balls has a simple strategy and it goes as follows. Take somebody else's money and spend it. If it works take the credit and ignore the damage caused from where it was taken. If it does not work (like his spending in Liverpool on new "fashionable teaching and concepts" which spent a lot of money turning schools into failures then simply move-on....
  20. Hi Jane Thanks for the link. Like Fafa I found it informative and useful.
  21. I watched the programme and found Paul Mason's report useful and informative. However how is Will Hutton considered an authority on Greece? He has been one of the cheerleaders for the Euro and has been proved completely wrong! Yet he appears and his views are given credence by the BBC inspite of the fact that nobody can recall him getting anything right. As for his talk of the UK economy collapsing and dire warnings wouldnt it be even worse if we were in the Euro as he was suggesting again only 3 weeks ago?
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