Monday, Jun 12, 2006

Boiled Frog Syndrome?

Firstrung: Interest rate rises expected by consumers

How hot will the temperature have to get before it's too late for trapped consumers?

Posted by Converted Lurker @ 04:33 PM (559 views)
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1. harold said...

Perversely, this will please the government. Ever-faithful media pundits have been touting this for so long that even the general public now expect it, which means that the government – sorry, the BoE MPC - can raise rates with less political risk. It is reminiscent of 5000 laid off at Rover, but don't worry the workforce were expecting it!

Monday, June 12, 2006 05:18PM Report Comment

2. George Monsoon said...

Harold, thats an interesting observation, and probably correct.

I must admit, I am becoming increasingly untrusting of any government behaviour and instinctively look for the ulteriour motive behind any government exercise.
This may be because I am now of an age where comfortable outweighs style - when shopping for clothes, or maybe I am coming to my senses at last...!

Monday, June 12, 2006 05:54PM Report Comment

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