Fred:- Must read

[Mega]

http://www.guardian.co.uk/business/2...ession-economy
Mike

[grapejelly]

Re: Fred:- Must read

what kind of subject line is this, Mike? And what kind of description is it? Why not be a little more clear next time?

[unlucky]

Re: Fred:- Must read

Good read tho. Another sign of increasing negative news flow after the recent weeks of "green shoots" stories?

The "stress-test" story has run its course. Govt needs to get busy manufacturing more "good news" to keep the "bull market" alive.

[FRED]

Re: Fred:- Must read

http://www.guardian.co.uk/business/2...ession-economy
Mike

Mega, don't you know all central bankers have to cover their butts.

[Mega]

Re: Fred:- Must read

Fred
The uk £ was been heading up for weeks now & i wondered WHY? I think there has been MEGA demand for £ to pay off UK banks. Once done i expect the £ to crash & Burn.

BTW Do you guys think i am a "Gloater" ?
http://www.youtube.com/watch?v=unO3bLMVmaU
Mike

[GRG55]

Re: Fred:- Must read

http://www.guardian.co.uk/business/2...ession-economy
Mike

The Bank of England is concerned that the UK's banking system is heading for a third wave of crisis that could snuff out fragile signs of recovery in the economy...

Looks like Tony Blair's "Third Way" has been eclipsed by Gordon Brown's "Third Wave"...

[Slimprofits]

Re: Fred:- Must read

Few share the chancellor's belief that the economy will recover strongly in 2009, and nor does the Bank of England.

Green shoots? What do these people know about farming or gardening? Sounds more like a stunted runt with brown, rotten roots.