Showing posts with label DEPRESSION. Show all posts
Showing posts with label DEPRESSION. Show all posts
Friday, December 5, 2008
ARE YOU AFRAID OF GETTING THAT 3 AM CALL ?
I was speaking to friends last month about the millions of jobs being lost and worried if I may get a call. The solution I had to the problem was to get a house in the south and put those cousins and others in it. I would pay the mortgage and give them some seeds so they could grow their gardens. This would apply to the slackers. I would ask them to recycle.I was wondering if they would survive.
Labels:
" TECHNORATI,
"THREE A M CALL",
DEPRESSION,
GARDENS,
GOOGLE,
POOR FARMS,
SLACKERS
Friday, November 7, 2008
LEADING ECONOMIST IN THE UK SAYS INTEREST RATES NEED TO BE SLASHED
Charles Goodhart, a founding member of the Bank of England's Monetary Policy Committee is making the claim that interest rates should be cut to 0% to avoid depression.
Mr Goodhart is a professor emeritus of banking and finance at the London School of Economics and a member of the MPC between 1997 and 2000. Interests went to zero in Japan in the 1990's when the Japanese had a recession or depression which was long and severe.
Mr Goodhart is a professor emeritus of banking and finance at the London School of Economics and a member of the MPC between 1997 and 2000. Interests went to zero in Japan in the 1990's when the Japanese had a recession or depression which was long and severe.
Subscribe to:
Posts (Atom)
