Wednesday, 8 July 2009

The worst of the recession is behind us... Boo!

Apparently the worst of the recession is over http://bit.ly/6FyBF but quantitative easing (QE) is not working. There are mutterings of extending QE from £150bn to £200bn. There seems to be a desperate and mucky scrabble to declare "war is over" when no one seems to have come up with a peace plan. Who has got a viable long term solution out of the mess? It ain't over until the fat prime minister sings and that ain't going to happen.
at 23:46
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