Jump to content
House Price Crash Forum
Sign in to follow this  
doh

City Am - The Party's Over

Recommended Posts

Great quote in this article...

http://www.cityam.com/News/

“At a time when the authorities elsewhere are taking more or less unprecedented action to repair the world’s financial infrastructure, the chancellor announced that he had thought about introducing a tax on plastic bags, but couldn’t make up his mind. “Can it really have come to this?,” asked Robert Barrie, an economist at investment bank Credit Suisse.

Share this post


Link to post
Share on other sites
Great quote in this article...

http://www.cityam.com/News/

“At a time when the authorities elsewhere are taking more or less unprecedented action to repair the world’s financial infrastructure, the chancellor announced that he had thought about introducing a tax on plastic bags, but couldn’t make up his mind. “Can it really have come to this?,” asked Robert Barrie, an economist at investment bank Credit Suisse.

Fiddling while Rome burns?

Did anyone watch Newsnight and notice how not one of the MPs who were interviewed would mention the "R" word, however many times they were asked whether they believed a recession was likely? Vince Cable was the worst - he refused to say whether he belived we are heading for a recession, all he would say is that some financial commentators believe it is a possibility. What's wrong with our politicians? Do they really believe that they can single-handedly CAUSE a recession just by saying the word? If not, why are they so reluctant to acknowledge that out economy is heading for recession? This is not just policitcal diplomacy, this is sophistry.

Share this post


Link to post
Share on other sites
Fiddling while Rome burns?

Did anyone watch Newsnight and notice how not one of the MPs who were interviewed would mention the "R" word, however many times they were asked whether they believed a recession was likely? Vince Cable was the worst - he refused to say whether he belived we are heading for a recession, all he would say is that some financial commentators believe it is a possibility. What's wrong with our politicians? Do they really believe that they can single-handedly CAUSE a recession just by saying the word? If not, why are they so reluctant to acknowledge that out economy is heading for recession? This is not just policitcal diplomacy, this is sophistry.

Admission of possibility of R = pessimisim = poison in the minds of the head-in-the-sand public* maybe?

*...most of them...

Share this post


Link to post
Share on other sites
"At a time when the authorities elsewhere are taking more or less unprecedented action to repair the world's financial infrastructure, the chancellor announced that he had thought about introducing a tax on plastic bags, but couldn't make up his mind ".

:lol::lol::lol:

Share this post


Link to post
Share on other sites
Admission of possibility of R = pessimisim = poison in the minds of the head-in-the-sand public* maybe?

*...most of them...

Perhaops it worse and the D word is on their mind and would settle for the R word

Share this post


Link to post
Share on other sites
Perhaops it worse and the D word is on their mind and would settle for the R word

When I look at and listen to our politicians I can only think of the C word. :blink:

Share this post


Link to post
Share on other sites
Guest An Bearin Bui
Fiddling while Rome burns?

Did anyone watch Newsnight and notice how not one of the MPs who were interviewed would mention the "R" word, however many times they were asked whether they believed a recession was likely? Vince Cable was the worst - he refused to say whether he belived we are heading for a recession, all he would say is that some financial commentators believe it is a possibility. What's wrong with our politicians? Do they really believe that they can single-handedly CAUSE a recession just by saying the word? If not, why are they so reluctant to acknowledge that out economy is heading for recession? This is not just policitcal diplomacy, this is sophistry.

Perhaps they're worried about appearing on one of those retro clip shows, which are so popular at the moment. It'll be 2015, they'll be long gone out of office but there'll be a "We Love the Noughties" show on TV re-running a clip over and over again of Vince or Alistair or George saying the word "recession". By then we should be just climbing out of the depths of a depression / spate of hyperinflation so it'll all seem very ironic to the viewers... :D

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 293 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.