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Martin Lewis on the agenda ripping Osbourne to shreds
will456
Posts: 205 Forumite
Wow
Martin Lewis really made Osborne look out of his depth, great tv
Cheers Martin:beer:
Martin Lewis really made Osborne look out of his depth, great tv
Cheers Martin:beer:
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Comments
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"mortgage ticking time bomb"
"mortgages will be quite simply unaffordable" if/when rates rise
"leading to defaults"
"Extortionately expensive mortgages including help to buy and your encouraging them to buy property at this time"
Osborne looked shellshocked, Lewis could of been a HPC member.0 -
Easy snipes to make to score points. Far more difficult to address the historic issues that exist. I await Martin's ideas for reducing the debt bubble while still growing the economy. That's why Osborne's the Chancellor and Martin's a journalist. Mind you Gordon Brown's claim to fame was that of a financial journalist........:eek:0
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Timebomb defused...Mr Carney and his MPC colleagues will not return to Mervyn King's policy of institutionalised, formal silence on the direction of interest rates.
I expect him to say on Wednesday that he expects interest rates to remain at their current low levels for some considerable time. And to repeat that as and when they do rise, they will not return to the levels we took for granted as normal in the boom years.
He will continue to signal his conviction that the price of money will remain historically cheap for years to come, because the massive indebtedness of the UK means any recovery would be snuffed out by interest rates that only six years ago we would have regarded as unexceptional.
Or as Robert Peston just put it....
http://www.bbc.co.uk/news/business-26145697"A one-eyed monkey could look at the Bank of England's new forecast for inflation and confidently predict that interest rates will remain low for some time.”“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Is martin Lewis Graham Devon?0
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Thrugelmir wrote: »Easy snipes to make to score points. Far more difficult to address the historic issues that exist. I await Martin's ideas for reducing the debt bubble while still growing the economy. That's why Osborne's the Chancellor and Martin's a journalist. Mind you Gordon Brown's claim to fame was that of a financial journalist........:eek:
How much has Osborne made for himself?
How did Osborne become chancellor and what relevant experience did he have. Did he run a successful commercial enterprise or have any deep financial or economic qualification?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Making Osborne look silly is probably very low on his agenda.
You mean Lewis did it without trying too.:think:"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Not really relavent. The people who have all the qualifications and experience are the ones that caused all the problems.grizzly1911 wrote: »How much has Osborne made for himself?
How did Osborne become chancellor and what relevant experience did he have. Did he run a successful commercial enterprise or have any deep financial or economic qualification?0
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