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They hit the Iceberg, now they fight for whats for dinner.
Mike
They hit the Iceberg, now they fight for whats for dinner.
Mike
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Re: The "Fire" fight with the BOE
Much more like they keep bailing out the boat by tipping the brim full buckets back into the boat, rather than recognising that the problem is outside of their influence.Originally posted by Mega View Post
"Service industries, making up 76 percent of the economy," tells its own story when you add the consideration that perhaps at least a half of the turnover will be government inspired programs, already way over budget and with insufficient tax income to maintain the spend on such.
The primary problem is not the banks, but the institutional investors - the savings institutions that have been disconnected from a wider responsibility to invest savings as equity capital back into the nation. If only the BoE would lift their eyes to see the possibilities of injecting equity capital into the small business sector, rather than propping up the very mechanisms that caused the collapse in the first place, we might just see a way out of the dilemma.
But who listens to inventors these days?
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