Bemused Posted May 19, 2006 Share Posted May 19, 2006 Clicky Just as well we have Crash to protect us and ward off the unspoken "I" word with his bag of magic tricks Quote Link to comment Share on other sites More sharing options...
LargelyIgnorant Posted May 19, 2006 Share Posted May 19, 2006 Clicky Just as well we have Crash to protect us and ward off the unspoken "I" word with his bag of magic tricks Don't worry, everything is fine. The Reichsmark Chancellor (in his omniscient magnificence) foresaw the commodities boom (well, apart from gold). In order to insulate the UK from inflationary increases in raw material costs, he preemptively destroyed our manufacturing industry. Quote Link to comment Share on other sites More sharing options...
Bemused Posted May 19, 2006 Author Share Posted May 19, 2006 Don't worry, everything is fine. The Reichsmark Chancellor (in his omniscient magnificence) foresaw the commodities boom (well, apart from gold). In order to insulate the UK from inflationary increases in raw material costs, he preemptively destroyed our manufacturing industry. lol - all he has to do now is rig the high street up to nuclear reactors and all is well ... Quote Link to comment Share on other sites More sharing options...
Flash Posted May 19, 2006 Share Posted May 19, 2006 Looks like at least two .25% rate rises this year for Euroland are stone wall certainty now. Quote Link to comment Share on other sites More sharing options...
Realistbear Posted May 19, 2006 Share Posted May 19, 2006 (edited) Looks like at least two .25% rate rises this year for Euroland are stone wall certainty now. Yes--and that's assuming Japan stand pat on zero % which they are not! How is Gordon going to work another borrowing miracle to get around this one? http://today.reuters.com/tv/videoStory.asp...745275144d18d34 Japan GDP grows, higher rates loom Report 02:27 Japan's economic growth slowed in Q1 but not as dramatically as expected, raising prospects of a rate move. Expansion hit a half percent after a blistering last quarter of 2005, while capital spending punctuated what is now Japan's second longest growth spurt in post-War history. The government spokesman said Japanese domestic demand continued, while the nation was turning the corner in its long fight against deflation. Edited May 19, 2006 by Realistbear Quote Link to comment Share on other sites More sharing options...
backtoparents Posted May 19, 2006 Share Posted May 19, 2006 Don't worry, everything is fine. The Reichsmark Chancellor (in his omniscient magnificence) foresaw the commodities boom (well, apart from gold). In order to insulate the UK from inflationary increases in raw material costs, he preemptively destroyed our manufacturing industry. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted May 19, 2006 Share Posted May 19, 2006 It's building up nicely, these costs will have to be passed on eventually... it's going to really let rip when inflation is out of the bottle. Quote Link to comment Share on other sites More sharing options...
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