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The BBC (Minstry of proagander) has now been told to tell the "Beta's/Gamma's/Delta's" (Brave new World scale) that we been rowing in the wrong direction for the last 25 year!
http://www.bbc.co.uk/news/business-15820601
Its amazing sitting here watching the news, one monment is "Lets have another house price bubble"......Next we told "No more F.I.R.E, we must rebalance & return to manufactoring"
What no one is talking about is the F.I.R.E & Northsea Oil/Gas bought in massive part of our GDP.........The F.I.R.E Ponzi scam is out & we running dry in the Northsea.....factor in the massive debt that unservicable even at these low rates.
At some point the BOE can't money-ize & we will be forced into the World looking for loans.........even at say 7%......it will finish us!
Mike
http://www.bbc.co.uk/news/business-15820601
Its amazing sitting here watching the news, one monment is "Lets have another house price bubble"......Next we told "No more F.I.R.E, we must rebalance & return to manufactoring"
What no one is talking about is the F.I.R.E & Northsea Oil/Gas bought in massive part of our GDP.........The F.I.R.E Ponzi scam is out & we running dry in the Northsea.....factor in the massive debt that unservicable even at these low rates.
At some point the BOE can't money-ize & we will be forced into the World looking for loans.........even at say 7%......it will finish us!
Mike