The story from the inside: David Blanchflower

mewbie_2

purch wrote: »

I meant Flow..........but as i was typing it Cadillac Williams scored a TD.

Either that or it was a Freudian Slip.

I genuinely wasn't sure because since julieq had a go at me I was starting to doubt whether I really am the most knowledgable and respected economics guru on here.

You have restored my faith.

purch

I was starting to doubt whether I really am the most knowledgable and respected economics guru on here.

Don't know about most, but you are definately in the top 309,966

Really2

mbga9pgf wrote: »

He also managed to turn his ex wife lesbian.

Fair play.

Is he a wizard?

What as he turned is current wife into?

Afriend_2

Really2 wrote: »

Fair play.

Is he a wizard?

What as he turned is current wife into?

Good to see you on here Really.
Have you recovered from your hangover?

Really2

Afriend wrote: »

Good to see you on here Really.
Have you recovered from your hangover?

No hangover( thankfully, little really is liking 5:30Am for some reason this weekend)

I don't know about you but I am waiting to here how you turn women in to lesbians.

I think Darren Brown missed a trick. That would beat predicting the lottery numbers any day.

mewbie_2

Really2 wrote: »

I don't know about you but I am waiting to here how you turn women in to lesbians.

I think you say "Hi there gorgeous, my name's Really".

Really2

mewbie wrote: »

I think you say "Hi there gorgeous, my name's Really".

Did you try it on your wife? Wish my name was really(I suppose I could say my user name is really, don't like being a liar and all that:))

tomterm8

mbga9pgf wrote: »

QE wont go any forther than it is. They are teetering on the edge as it is.

QE will go further than it is, I am pretty sure of it. When you look at the bank of englands table 5.1 monthly lending to individuals, and its gone from 10.2% annual growth in 2007, to 0.9% annual growth this July, and with the first monthly drop in consumer credit in years also in July, what I personally see is that the credit crunch is actually tighter in the real economy now than it was at any point in the last two years.

Generali

tomterm8 wrote: »

QE will go further than it is, I am pretty sure of it. When you look at the bank of englands table 5.1 monthly lending to individuals, and its gone from 10.2% annual growth in 2007, to 0.9% annual growth this July, and with the first monthly drop in consumer credit in years also in July, what I personally see is that the credit crunch is actually tighter in the real economy now than it was at any point in the last two years.

I agree.

IMHO, it's not that the banks won't lend it's that they can't. Making money cheaper won't makes banks lend in that situation, printing money will.

This is one of the very big problems with QE, how do you quantify how much is enough? AFAIK, nobody has a reliable, tested model regarding what happens when the world's financial system almost collapses.