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FedupTeddiBear

Words fail me...

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The word narcissist is too easily used in today's world, but I do think Gordon Brown comes as close as you could to that title. Gordon Brown and his mate Tony Blair are probably the most disruptive people in my life who have f****d it up more than anyone else to a large degree.

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The former prime minister, who lost the 2010 election following Britain’s longest and deepest recession of the post-war era, said there was less scope to reduce interest rates than was the case a decade ago, 

Oh really? Why is that then, eh?! Nothing to do with your policies and ZIRP for a whole decade?

Absolutely disgraceful.

 

 

Edited by mrtickle

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I'm considering him the world expert on how to foul up an economy, so if he's looked at the books and thinks it's bad, then it's bad.

Radio Four have been doing loads of "It's ten years since the financial crisis" pieces and every single one of them seems to end with someone confidently predicting "the next crisis".  It has gone from "could we have another crisis?" to "When we have the next crisis".

Everyone is suddenly predicting it as a nailed-on certainty.

I presume so they can justify the next round of QE to "save" us from it.

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If the mainstream media are predicting it, it's probably not going to happen soon.

The fundamentals have been bad since, effectively, 'forever' yet the economy still keeps moving along.  No reason why it can't continue to do so beyond a year or two.  Or crash tomorrow of course.

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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