Picture posting is enabled for all :)
Lord Young speaks a lot of sense
It only goes to show what a moron he is (and his ilk) in thinking very low interest rates will boost the economy. As he says, folks with property are enjoying the windfall of a loan to buy it which costs them almost nothing. Meanwhile, banks wont lend on anything else at these rates because it is all risk and no return. :'(
Good riddance. I can't understand why he was even considered to be brought back as an adviser.As someone born and raised in Burton upon Trent, I shall never forgive him for totally ruining the British brewing industry, when he was 'minded' to introduce the brewing orders. At the time I worked for Bass. Anybody heard of the company recently, or even managed to drink any of their products? It was a wonderful company to work for, and he ruined it.valmarg
Quote from: valmarg on November 19, 2010, 19:26:25valmargOh half a pint of Burton won't hurt himI'm certainOh half a pint of Burtonwon't hurt himI'm sure.Lost count of the times I've been 'Bassed' ;D
valmarg
For Bassed, read Pissed. ;DSorry, but I couldn't resist temptation. ;D ;Dvalmargvalmarg
Quote from: valmarg on November 19, 2010, 22:02:48For Bassed, read Pissed. ;DSorry, but I couldn't resist temptation. ;D ;DvalmargI suggest that you had better go and join Lord Young on the naughty step. NOW!
For Bassed, read Pissed. ;DSorry, but I couldn't resist temptation. ;D ;Dvalmarg
I was sure for years that we were all borrowing money which did not exist.Other wise all the money that has suddenly 'dissapeared' must be some where else but since it isn't and never existed in the first place....... what are we repaying it for?