Friday, January 2, 2009


Recovery forecast 'too optimistic'

"Although only two in five (of 67 economists surveyed) thought persistent deflation was a serious risk for 2009, a majority believed the Bank of England should start....printing money...."

Posted by crashpad4me @ 12:54 AM (685 views)
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3 thoughts on “….because

  • Printing money? A likely route to wheelbarrows, as it is a policy that can unexpectedly and suddenly get out of hand. The people who lived through the Weimar Republic could not believe the speed at which events unravelled. The road to hell is paved with good intentions, but this Government really have no idea as to how to resolve this ongoing crisis. All that we as private individuals can do is to make sure that our own personal money is not invested in anything backed up with paper. Believe me; as the saying goes, ‘You ain’t seen nothing yet’.

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  • Ah ha. Buy wheelbarrows!

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  • The last of the UK’s production line keeps running flat out.


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