Merv getting grilled live on BBC now.

HAMISH_MCTAVISH

Treasury select committee in fine form.

Grilling Merv now as to why BOE is not spending more of QE on assets other than Gilts.

Very aggressive stuff.

:beer:

nearlynew

Nothing but a pointless charade

Aberdeenangarse

Back to Sir Mervyn King at the House of Commons - he says whatever is decided at tomorrow's EU summit will not solve the region's underlying problems - it will only buy one or two years of breathing space...

President Sarkozy will have a new target for his rage...

:eek:;):eek::D:rotfl::):T

gailey_2

Aberdeenangarse wrote: »

:eek:;):eek::D:rotfl::):T

Made me chucke an angry sarkozey:rotfl:

but sadly merves right

is this not greeces 3rd bailout?doiubt be last
we so desperate trying to avoid greek default and prop up weak currency

recapitilising the banks easier said than done

how are europe magically going to turn 440billion to 1.2trillion spivs as newsnight called it.

qe made little difference last time
hes admitted wont help banks lend more so whats the point
especially when inflations so high.

if they keep on and economy worsens
they will have no choice but to up interest rates.
i suspect this may happen

its worrying no one knows what they doing
europes got another credit crunch
what happens uk will impact on uk.

they should do what oz did give the money to everybody in hope they spend and boost the economy.

The_White_Horse

until all the european countries severely crunch their public sectors, there will be no end to this.

also, borrowing to get out of massive debts will not work.

they need to cut spending and cut TAX. let people spend, let people invest, let people start businesses.

Road_Hog

nearlynew wrote: »

Nothing but a pointless charade

Correct, nothing more to be said.

ILW

As long as the Greeks can go on getting state pensions at 50, what is the problem?

the_flying_pig

HAMISH_MCTAVISH wrote: »

Treasury select committee in fine form.

Grilling Merv now as to why BOE is not spending more of QE on assets other than Gilts.

Very aggressive stuff.

:beer:

why the 'have a beer' smiley??

ruggedtoast

Does anyone here have a working shift key and access to punctuation?

JWF

no mine is broken so is the full stop button

Road_Hog

ruggedtoast wrote: »

does anyone here have a working shift key and access to punctuation?

"afraid not mines permanently fixed on even though im not shouting you should see me when the tourettes kicks in

at least my tab key is still working along with my space bar"