FTSE down down down...

[Platypus]

He hasn't because interest rates are still way too high. He is still far too complacent. We need a 1% cut !!

And how will this work then? Please do explain.

[Cyberman]

And how will this work then? Please do explain.

... by stimulating the economy, by cutting costs to business, and allowing borrowers to have more disposable income to spend.

[DimPrawn]

... by stimulating the economy, by cutting costs to business, and allowing borrowers to have more disposable income to spend.

Not terribly bright are you?

[TykeMerc]

... by stimulating the economy, by cutting costs to business, and allowing borrowers to have more disposable income to spend.

So a debt funded bubble not unlike the one that's just collapsed?

[Platypus]

So a debt funded bubble not unlike the one that's just collapsed?

My thoughts exactly, here

Edit. P.S. so how come people are falling for all this "the world is saved" rubbish?

[AlfredJPruffock]

The name of the beast is CDS

A credit default swap (CDS)

[Cyberman]

So a debt funded bubble not unlike the one that's just collapsed?

It's ok to have one in a recession. Brown just got his timing VERY wrong.

[chef]

It's ok to have one in a recession. Brown just got his timing VERY wrong.

WTF are you talking about.. your sir, are an idiot

[Cyberman]

WTF are you talking about.. your sir, are an idiot

Brown and you are idiots as neither of you have a clue.

Unemployment will hit 2 million by Xmas.... we are in a RECESSION...... the economy needs a stimulus of liquidity which it is not getting at this moment. This extra influx of funding/liquidity will create confidence and demand and hopefully a short-term bubble to get us out of this mess. If we do nothing, we all could be drawing the dole very soon.

[sasguru]

Brown and you are idiots as neither of you have a clue.

Unemployment will hit 2 million by Xmas.... we are in a RECESSION...... the economy needs a stimulus of liquidity which it is not getting at this moment. This extra influx of funding/liquidity will create confidence and demand and hopefully a short-term bubble to get us out of this mess. If we do nothing, we all could be drawing the dole very soon.

Judging by your level of your posts you are only in employment because of the artificial boom. No wonder you want another one