Thursday, January 2, 2014

__tHE cLOWNS oF wESTMINSTER__

[KR544] Keiser Report: Westminster Circus

We discuss the scary banking clowns, the alleged decline in bank robberies and the Times’ ‘Briton of the Year,’ George Osborne causing a nation of a million mortgage holders in ‘perilous debt.’ In the second half, Max interviews Danny Blanchflower, a former external member of the Bank of England’s interest rate-setting Monetary Policy Committee, about the disastrous UK economy, George Osborne’s policies and the BoE decision to buy UK Gilts rather than other assets during this crisis. Read more at http://www.maxkeiser.com/2014/01/kr544-keiser-report-westminster-circus/#ORLAfrmwjQRziDDh.99

Posted by khards @ 08:50 PM (1916 views)
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4 thoughts on “__tHE cLOWNS oF wESTMINSTER__

  • But Nadeem Walypratt reckons everything will carry on as it is for the next 5 years.

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  • Blanchflower’s comment about savers made stupid investment decisions were some what offensive. The Bank of England had an inflation target (to create sound money) at some point and without any mandate, they abandoned this and began manipulating asset prices. So Blanchflower is essentially saying that savers were stupid to believe that the Bank would follow the rules.

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  • Couldn’t agree more with Khards @1. watched this programme last night on RT and almost spewed chunks. What a fecking [email protected] He was basically saying if you didn’t have insider knowledge that we (BOE/Fed etc.) were trying to inflate a new stock market bubble, and decided to keep your money in a bank receiving feck all return, then tough. Blanchflower is basically admitting to wholesale fraud: ‘I knew and I am now conisderably richer than yow’ David ‘[email protected]’ Blanchflower (2014). C#nt. If everybody had taken their money out of savings accounts and into the stock mareket, would that not have been very similar to ‘a run’ on the bank, and require more bail out money……………………………..fecking moron.

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  • It’s quite obvious that there will be no HPC for the next few months.

    After that it just depends on how the Fed manages things before the whole wobbly pack of cards falls over. It’s crash will surely take the UK with it, along with it’s inept politicians.

    I’ve therefore taken to following the Kaiser Report and Zero Hedge on Twitter as a better barometer of economic prospects.

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