Announcement

Collapse
No announcement yet.

Well, Well "Shock" New from the Bank of England

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Well, Well "Shock" New from the Bank of England

    http://www.telegraph.co.uk/finance/f...and-warns.html

    Who of thought.
    Mike

  • #2
    Re: Well, Well "Shock" New from the Bank of England

    Mike, why can't you guys get with the program and do your own phony stress test?

    Comment


    • #3
      Re: Well, Well "Shock" New from the Bank of England

      Mervyn King said although banks' survival had been assured by recent bail-outs, they would not start lending freely unless more capital was pumped into their balance sheets.
      Let me see if I understand. We give them money, so they can lend it back to us.
      It's Economics vs Thermodynamics. Thermodynamics wins.

      Comment

      Working...
      X