Quote:
Originally Posted by Phil Sheldon
Brown has until 2010 to turn the economy round. Expect Bank Rate cuts and 'favourable' budgets in 2008 and 2009.
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Then we can expect rising inflation ! And favourable budgets for who ?
Of course the inflation figures can be fiddled. But havent we all got all the 'made in China' goods we need. Can't do without food though.
I don't believe a few interest rate cuts can stop this fragile, credit driven economy from imploding in 2008.