By -1.5%
HTH
HTH
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It doesn’t make a blind bit of difference to the amnesiac investors on the stock market who’ve gone on another mass selling action today, after economic news saying that western economies are in recession. What kind of news were they expecting?And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014 -
If interest rates stayed the same they would have paniced due to the expectation of them falling
If interets rates fell by .5 points they would have paniced due to them doing what was expected
Now they have fallen to the lowest rate since the 50s they paniced due to the economy being worse than thought
In summary: stock traders are dickheadsThe court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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To borrow a phrase from Winnie - Oh Yes!Originally posted by Bagpuss View PostHow did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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I don't understand why Brown has lowered interest rates so drastically when we have no return to Boom and Bust.
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Did you read that in the daily mail? And how much are the MPC committees' houses worth?Originally posted by DimPrawn View PostComment
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I was just looking on a few bank sites at savings deals. All the instant ones are now < 4%. While the fixed rate mortgages are circa 6%.
Boomed for the banks!The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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Brown hasn't. The Bank of England Monetary Committee has.Originally posted by Cyberman View PostI don't understand why Brown has lowered interest rates so drastically when we have no return to Boom and Bust.Comment
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I refer the gentleman to the answer I gave before.Originally posted by Bagpuss View PostHow did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Originally posted by TheFaQQer View Post
It's such a shame and failure that he gave the policy to the MPC. He could have reduced rates a year ago otherwise, and we could have avoided most of the next year's BUST.
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