Slump in money growth revealed

Not sure these observations here are so clever. Doing nothing would have meant the collapse of the banks, lost savings for millions and a deep depression. This is of course the Cameron solution and of course he amd his rich chums are really concerned more with repealing the Hunting Act than the average punter's welfare and funny he how has lost interest in effectoively repealing the Madrid Agreement.(but not the Hunting Act) Tally ho conman Dave ct

Some very Relevant comments so far nice to know its not just me that thinks like them.Around here Herts / cambs area the developers are still at it [ whos lending them the money ] while hundreds of flats Stand Empty and Private Rents have dropped by more than £100 a month since a lot of East Europeans went home. Until this obsession with property is Removed from the Equasion we will never move forward [ of course again it will be us Average Guys who will pick up the bill ]

I am not srprised! LET THE ECONOMY TAKE ITS NATURAL COURSE LIKE RUNNING WATER NOT WASTE TAXPAYERS MONEY AND GETTING US ALL IN DEBT!

why do we have a privatley owned bank running our affairs, aka The old lady of thread needle street trading as the bank of england, no wonder the country is broke we dont even own the bank that prints the money...

Simple solution, stop spending, save what you have ,stop moaning and help your friends to do the same,wake up to the fact that greed has bitten its way into your life and until you recognise the symptoms and begin to heal the disease, your life will be controlled by others,take full responsibility for all your actions and then choose to create a situation to manage your way to a solution, then teach someone else to do the same, step out of the blame game , and try to see the bigger picture, this is a global change, watch the signs, then watch your health, after all this decide were your priority's lie.

Simple solution, stop spending, save what you have ,stop moaning and help your friends to do the same,wake up to the fact that greed has bitten its way into your life and until you recognise the symptoms and begin to heal the disease, your life will be controlled by others,take full responsibility for all your actions and then choose to create a situation to manage your way to a solution, then teach someone else to do the same, step out of the blame game , and try to see the bigger picture, this is a global change, watch the signs, then watch your health, after all this decide were your priority's lie.

Its Obvious that none of their policies to stop the recession has worked so Gordon Brown and the Bank of England are going to do the last step they can to save our super rich by sacrificing the ordinary people by kicking off a spirral of hyper inflation which will save the establishment by writing off its depts overnight and allowing it to start a fresh, where as we ordinary people will see our savings/wages become useless as the cost of living out strips everything we have, Its the collapse of the USSR all over again.

I've said it a year ago and I'll say it again... The party is OVER! They will never re-inflate the economy to the previous levels enjoyed unless banks go back to the same type of lending practices... And that will never happen!Therefore, End of game end of story, Its that simple! It will be at least five to ten years before true recovery will be enjoyed again.

I've said it a year ago and I'll say it again... The party is OVER!!!.. They will never re-inflate the economy to the previous levels enjoyed unless banks go back to the same type of lending practices... And that will never happen!Therefore, End of game end of story, Its that simple! It will be at least five to ten years before true recovery will be enjoyed again.

Printing money by that bastar.....Mervin King will only push the prices higher. As a result you pay more for your goods and commodities. This will create a false positive GDP growth for the UK ecoonmy so things will look good at least on the paper. The real story is very different. You and I have to pay 10 to 20 percent more for the same goods and services we have been buying for the past few years. Even though our consumption is the same but we pay a lot more for example for our electricity, car insurance , groceries and so on. However Tesco, Asda and the rest of them are happy becuase they get more for the same products they have been offering us. Looks good on the paper but it is not a long term solution. The mortgage rate will be next to go up in coming year. To reduce the deficit the government will increase income tax on most of us. No wonder every year more than 200,000 professionals leave the country. Of course they are being replace with the poor and the needy from other...