You are currently browsing the The Website Tomsblog weblog archives for the day 25/10/2008.
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Archive for 25/10/2008
Who’s To Blame?
25/10/2008 by admin.
Economists and bankers continue to argue who is to blame for the financial crisis and RECESSION. Of course on the whole bankers think it’s economists and vice versa. Gordon Brown who is an historian ? Alaastair Darling who is a barrister? A plague on all your houses for the only politician to speak out loudly and clearly, and for about two years before it got bad, was Vince Cable who is an economist. He is still condemning the dithering about reducing interest rates still further but Brown is probably inhibited and waiting for a ‘global’ argreement so as not to cause a futher run on sterling. Wish I had kept all those euros and dollars! Ah well.
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