Why I hate the Credit Crunch.
Michty aye there

Ill bloody tell youns what gets on me tats aboot tha so called 'credit crunch'(ffs it not be an economic brekkie cereal) Overinflated financial 'experts' scribble in the newspapers or appear shiny faced and shiny tied on the telly predicting economic apocolypse and a return to feudalism as they lean seriously into the camera.

The hysterical masses, most of whom can't count, let alone understand a complex economic system lap up the swivel-eyed doom mongering shat at them by the media machine, just because the man on the TV has a suit, glasses and is talking in the imperative case.

The sad truth is that the economist realises that salacious gutterdwellers in need of perpetuating fear to sell their newspapers or to hook the brainless onto their 24 hour news channels will pay lots of money for you to do your best Private Frazer impression rather than provide an informed, academic interpretation of the country's financial state. If you were to do this, the answer would probably be 'I don't know what's going to happen, Nobody does. This isn't as bad as 1929 because nobody is throwing thesmelves out of windows. It can never be the same as the 1930s because the markets work in a different way'

What's more is that they blame me instead of natural market forces.For this I'm probably going to lose my job to be replaced by a thumbfaced fuckwit whose idea of economic regeneration is to lock up everybody without a job.

love from
The Rt. Hon. G. Brown

P.S. I love cock
(Papa Chocolat, Fri 23 Jan 2009, 1:32, 5 replies)

^^Click
It's all true! (even the last bit )
(Beer Elf Thought this was like a campfire, anyhow, on, Fri 23 Jan 2009, 9:46, closed)

*click*
For the post script.
(w4I4q1O1 was hard at work on, Fri 23 Jan 2009, 11:26, closed)

Hmmmmm
Who banished boom n bust?

What happened to neutral borrowing over the cycle, so we'd be in a strong position when the next recession came rather than likely to be the third most indebted country (as a proportion of GNP) by 2014?

Who’s decision was it to change the method of recording inflation to NOT include mortgage repayments just as they began to soar?

hmmmm can't quite remember but I believe it was the chap who was chancellor last, now if i could just remember his name I’d know who apportion at least some of the blame
(Batemonkey, Fri 23 Jan 2009, 16:51, closed)

congratulations
you are a sheep.
(Papa Chocolat, Sun 25 Jan 2009, 0:02, closed)

you're right
i do have a very warm coat
(Batemonkey, Mon 26 Jan 2009, 15:32, closed)