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Brown told that if he hires Balls Britian will lose "AAA" rating

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  • Brown told that if he hires Balls Britian will lose "AAA" rating

    http://www.bloomberg.com/apps/news?p...d=ajvWZ_SZv3tE

    Bye Bye Gordon!
    Mike

  • #2
    Re: Brown told that if he hires Balls Britian will lose "AAA" rating

    Mega, in British-speak does this mean Balls is a rat?

    “There is a residue of ill-will towards him,” said Eric Shaw, who teaches politics at the University of Stirling, near Glasgow. “It is widely believed that he is guilty of briefing against colleagues.”

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    • #3
      Re: Brown told that if he hires Balls Britian will lose "AAA" rating

      Originally posted by babbittd View Post
      Mega, in British-speak does this mean Balls is a rat?
      Yes it does
      It's Economics vs Thermodynamics. Thermodynamics wins.

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      • #4
        Re: Brown told that if he hires Balls Britian will lose "AAA" rating

        Everything is under control, I am moving my hidden divisions to the front as we speak, my enemies will all fall before my advance on all fronts, everyone loves me, we are ideally placed for recovery, I have saved the universe, my bunker is secure, I will last a thousand years. I won D day, what Queen?

        And it started in America.

        Why are you all wearing white coats? what medication? I want Susan Boyle for SoS Defence, Do not touch me, I am the great helmsman and beloved leader, what elections?

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        • #5
          Re: Brown told that if he hires Balls Britian will lose "AAA" rating

          It reminds me of the Civil War era in the US, or the WW2 era, while goverment bonds was monetized by the printing press to keep yields artificially low. Of course the result was a long 40 year bear market in government bonds.

          I think the critism towards Brown is unjustified. There is no alternative to pursue prudent monetary policies. I just don't see how that would work out.

          The only alternative is what is beeing choosed, and that is to opt for a sluggish and inflationary crack up boom. That will be the outcome for both the US and UK.
          It's the only way to avoid the debt liquidation phase in the kondratieff winter.

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          • #6
            Re: Brown told that if he hires Balls Britian will lose "AAA" rating

            The Master of the Dark Arts

            http://www.timesonline.co.uk/tol/new...cle6122385.ece

            Haha, that's a nice little government you have over there.

            We're going down together!

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