juvenal Posted February 11, 2010 Share Posted February 11, 2010 Radio Times: 9.15pm-10pm tonight. BBC Radio 3 Night Waves: Joseph Stiglitz explores the causes and consequences of the credit crunch.With Anne McElvoy. Note that it's Radio THREE Quote Link to comment Share on other sites More sharing options...
Concrete Jungle Posted February 11, 2010 Share Posted February 11, 2010 Borrow more, spend more. Print more, spend more. I must be in with a shout of being on the Nobel Prize in Economics shortlist next year. Quote Link to comment Share on other sites More sharing options...
Tired of Waiting Posted February 11, 2010 Share Posted February 11, 2010 (edited) Radio Times: 9.15pm-10pm tonight. BBC Radio 3 Night Waves: Joseph Stiglitz explores the causes and consequences of the credit crunch.With Anne McElvoy. Note that it's Radio THREE He will probably recommend more borrowing. However, see the graph below, from a new report, from a famous Institute. It was most discussed in Davos, including by the Chinese sovereign fund managers (according to Gillian Tett, FT, at Andrew Neil's BBC), and they, the Chinese, decide not to finance UK debt. Can't blame them. Would you finance Britain now, on a low, long term, fixed rate? Source: Mckinsey Institute. Link to the full report below (in PDF). The chart in question is on page 10. http://www.mckinsey.com/mgi/reports/freepass_pdfs/debt_and_deleveraging/debt_and_deleveraging_full_report.pdf Edited February 11, 2010 by Tired of waiting Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted February 11, 2010 Share Posted February 11, 2010 He will probably recommend more borrowing. However, see the graph below, from a new report, from a Famous Institute. It was most discussed in Davos, including by the Chinese sovereign fund managers (according to a FT editor), and they decide not to finance UK debt. Can't blame them. Would you finance Britain now, on a low, long term, fixed rate? Source: Mckinsey Institute. Link to the full report below (in PDF). The chart in question is on page 10. http://www.mckinsey....full_report.pdf looks to me we are well placed. Quote Link to comment Share on other sites More sharing options...
IRULETHEWORLD Posted February 11, 2010 Share Posted February 11, 2010 (edited) Radio Times: 9.15pm-10pm tonight. BBC Radio 3 Night Waves: Joseph Stiglitz explores the causes and consequences of the credit crunch.With Anne McElvoy. Note that it's Radio THREE low interest rates - aka price fixing debt malinvestments drug banking cartel Edited February 11, 2010 by IRULETHEWORLD Quote Link to comment Share on other sites More sharing options...
Tired of Waiting Posted February 11, 2010 Share Posted February 11, 2010 looks to me we are well placed. and beyond! up and onwards! Quote Link to comment Share on other sites More sharing options...
Bootsox Posted February 11, 2010 Share Posted February 11, 2010 Note that it's Radio THREE Is that so nobody will listen to it? Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted February 11, 2010 Share Posted February 11, 2010 and beyond! up and onwards! indeed, the result of our hardworking families doing the right thing. Quote Link to comment Share on other sites More sharing options...
juvenal Posted February 11, 2010 Author Share Posted February 11, 2010 bump reminder Quote Link to comment Share on other sites More sharing options...
Ritters Posted February 11, 2010 Share Posted February 11, 2010 (edited) On now Edited February 11, 2010 by Ritters Quote Link to comment Share on other sites More sharing options...
Constable Posted February 11, 2010 Share Posted February 11, 2010 Stiglitz is a c0ck. He was on Newsnight the other night and was rightly mocked by Hugh Hendry. Apparently he's advising the Greek government so god help them. He’s yet another idiot in complete denial. Quote Link to comment Share on other sites More sharing options...
Tired of Waiting Posted February 11, 2010 Share Posted February 11, 2010 Stiglitz is a c0ck. He was on Newsnight the other night and was rightly mocked by Hugh Hendry. Apparently he's advising the Greek government so god help them. He’s yet another idiot in complete denial. He can't be an idiot. It must be some psicological problem. Quote Link to comment Share on other sites More sharing options...
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