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Brown and Darling did alright yesterday
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Yes indeed. You're absolutely correct. 6 central banks, inc the bank of china all coordinated interest rate cuts at exactly the same time following our lead.Originally posted by Cyberman View PostSo what. You know no more than anybody else unless you were there. Personally, I believe we led in a panic and they followed. If you want to call that coordinated, fine.
Hang on - there is actually a place called Cheddar?? - cailin maith
Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek
That will be a simply fab time to catch up for a beer. - Tay
Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - CyberghoulComment
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Did you fall on your head as a baby or do you come from a long line of congenital idiots?Originally posted by Cyberman View PostSo what. You know no more than anybody else unless you were there. Personally, I believe we led in a panic and they followed. If you want to call that coordinated, fine.
Hard Brexit now!
#prayfornodealComment
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why either or?Originally posted by sasguru View PostDid you fall on your head as a baby or do you come from a long line of congenital idiots?Comment
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Er, I don't know WHO said "Let the banks die.", but it was never an option for the UK Gov.Originally posted by d000hg View PostYet other people have been saying for weeks that bailing out the banks is unfair and they should be allowed to collapse... so it's not that obvious.
And whether it's obvious or not, a decision of this magnitude is pretty ballsy. I somehow doubt if you were in charge, you'd be so sure when £400billion was involved
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Originally posted by Bob Dalek View PostEr, I don't know WHO said "Let the banks die.", but it was never an option for the UK Gov.
Mervyn King..... head of the BofE, when quoting 'moral hazard'.
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