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juvenal

Love Of Money/the Age Of Risk Bbc2 9pm

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Before the financial crash last Autumn, global financial markets had enjoyed two decades of boom. During this time we changed our attitude to risk and learned to live with debt, while governments stepped back from regulating it....

Radio Times

Guest appearances by Alan 'I Was Wrong' Greenspan; wily old Mervyn King; and - wait for it, missis - our very own Gordon Broon.

This programme is billed by RT as Documentary of the Week.

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Inflation’s Moral Hazard

An age of loose money not only destroys savings; it corrodes character.

HULTON ARCHIVE/GETTY IMAGES

Runaway inflation in Germany, which turned money into wallpaper, undermined the Weimar Republic and led to Hitler’s rise.

Information from the most diverse sources sometimes coalesces and provokes reflection on a subject to which one has not previously given sufficient thought. This happened to me recently with regard to the effect of monetary inflation on human character. With many observers predicting a substantial rise in inflation as a result of various government spending programs undertaken to reverse the current global downturn, the topic is anything but academic.

http://www.city-journal.org/2009/19_3_otbie-inflation.html

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lots of padding shots, repeated views of Canary Wharf and the city. "yes it was bad" "lessons were learned" .. then carry on business as usual.

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lots of padding shots, repeated views of Canary Wharf and the city. "yes it was bad" "lessons were learned" .. then carry on business as usual.

Background music... Greenspan put... CDS'... mass destruction... has anything really been learned?

There; don't need to watch it now.

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What a waste. They could have done anything in 1997 but chose the policies that would put this country at risk for years to come. W@nkers.

And GB just keeps talking like he is proud of all they have done. :rolleyes:

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he allowed them to carry on spending money they didnt have on their pet projects

That one man is at the root (on the face of it) of every problem.

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And GB just keeps talking like he is proud of all they have done. :rolleyes:

Gordon Fudgepacker Broon is the biggest C UNT that ever entered 10 Downing Street.

Edited by eric pebble

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Bush always makes me laugh out loud. Quote - "We need more minorities to own their own homes."

He forgot to mention that most of these minorities (i.e poor) were on welfare. WTF was he smoking. :rolleyes:

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This is quite horrible. Telling the story in a dumbed down sense of what happened. Fair enough. However it seriously fails to point out the main people at the centre of this nonsense. A few random remarks slating little things that Greenspan and Broon did. That is all.

The rest is basically them sitting explaining how what they did was great. Very little blame.

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Why do all these socialists treat Greenspan like a God?

For the simple reason he is a Jew (like Marx), this is the lazy intellectualism that typifies socialism and its underlying prejudices.

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I'm very taken with Gillian Tett. I've always been a sucker for attractive women far more intelligent than I.

Has she had her teeth done do you think?

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Merv trying to justify the 2005 IR cuts. Merv, you bullsh1tter you. He said in spring 2005, "People were starting to question whether house prices only ever go up".

Only HPC'ers, Merv. Everyone else were feasting at the trough and you loaded up the offal. :rolleyes:

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That author that was just on, I am reading his book now...

"How I caused the Credit crunch".

Interesting book, but written as fiction, to hide exactly who did what, at which bank, but it does help explain to soemone not in the know, how it all unfolded.

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