Triple dip anyone?

[minestrone]

Actually if you really have got to retirement then you’ve done well; we’ve got a guy at the company I’m working for who’s doing a lot of work on statistics and ‘big data’; he’s convinced that in the next 10 years people with some statistics education can earn wheelbarrows full of money.

Who would want to do that?

[Robinho]

Am I being really stupid?

Ok,

Post 1) Are you talking about the rate which the UK is borrowing at? I'm talking about the interest rates which the BoE (mis)sets

Post 2) I don't really know what you're talking about. What i mean by the market normalising is there's a tendancy for some to believe (we'll call these people Keynesians) that if the market starts going downhill post boom, without intervention from the gov it'll just crash and burn forever until we're in the 3rd world.

This is not the case, it will crash but it will normalise eventually once the market readjusts and finds its correct level. It is not analogous to an aircraft in a spin (which does require pilot intervention)

[Robinho]

No, he'll get an explanation involving 'market equilibrium' and fractional reserve banking; it's the kind of conversation that's reputed to make a girl's knickers turn moist at 50 paces.

Mitch i have completely destroyed every economic argument you've raised against me.

Perhaps time to shut up.