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StevieJ
Posts: 20,174 Forumite
Maybe someone should have included the IMF in coordinated action. The seem to be on a different time-frame, quoting increasing commodity prices and inflation.
http://news.bbc.co.uk/1/hi/business/7659086.stm
http://news.bbc.co.uk/1/hi/business/7659086.stm
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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Maybe someone should have included the IMF in coordinated action. The seem to be on a different time-frame, quoting increasing commodity prices and inflation.
http://news.bbc.co.uk/1/hi/business/7659086.stm
And they are correct too. They've been largely correct all along - warning about the impending credit-crunch, lax lending, inflated house prices etc. It was Brown and Darling that dismissing the IMF warnings and have ended up with egg on their face. They try to suggest that this wasn't seen coming but Brown and Darling not only ignored the problem but fuelled it.0
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