Bearback Mountain Posted March 6, 2008 Share Posted March 6, 2008 Read this and you will see just how much they are trying to avoid the inevitable even though it is firmly on the cards. Also "bear" in mind that this was before extra rampant fuel, energy costs and the Northern Rock fiasco. "We knew that we were having to stimulate consumer spending. We knew we had pushed it up to levels which couldn't possibly be sustained into the medium and long term. But for the time being, if we had not done that, the UK economy would have gone into recession just as the United States did." http://www.independent.co.uk/news/business...oom-441160.html Quote Link to comment Share on other sites More sharing options...
Converted Lurker Posted March 6, 2008 Share Posted March 6, 2008 this was a 'drop the bacon butty' moment on HPC approx. 2 years back. It still leaves me stunned. Its one of those 'what's the point?' moments, given it's so obvious how manipulated the whole system (not just financial) is. Makes you feel worthless doesn't it? Quote Link to comment Share on other sites More sharing options...
Bearback Mountain Posted March 6, 2008 Author Share Posted March 6, 2008 this was a 'drop the bacon butty' moment on HPC approx. 2 years back. It still leaves me stunned. Its one of those 'what's the point?' moments, given it's so obvious how manipulated the whole system (not just financial) is. Makes you feel worthless doesn't it? Yeah absolutely! Feckers. Quote Link to comment Share on other sites More sharing options...
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