August 2008

Sun Mon Tue Wed Thu Fri Sat
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            

« Bush made the world a safer place | Main | MMR and the media »

June 22, 2008

Comments

David Duff

"You want to know what the solution is?"

Send me a tenner and I'll tell you! (Well, it'll help my liquidity problem.)

mark mcfarland

Perhaps, as you state, there is no solution. A second best, is to stop left and right leaving paternalistic governments pretending that they are in charge of the economy and that people have a natural put in the form of a government bailout.

Was there ever a bigger egg-on to reckless borrowing than the bailout out of Northern Rock, a company so badly run that it wouldn't have been out of place in Thailand in 1996/97, and the attempts by Gordon Brown to persuade the BOE to lower rates so that people would get on the property ladder?

The comments to this entry are closed.