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Author Topic: Sorry....I'll read that again !  (Read 724 times)

armc40

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Sorry....I'll read that again !
« on: September 20, 2012, 09:30:02 PM »

'There is still a long way to go':     Sir Mervyn King blames eurozone and says recovery is still years away as Bank of England slashes growth forecasts to ZERO   08 August 2012


The Bank of England governor, Sir Mervyn King, says economic growth is on its way. Sir Mervyn said: "I think the next quarter will probably be up. I think we're beginning to see a few signs now of a slow recovery, but it will be a slow recovery"   20 September 2012

'scuse me while I open a window and prepare the weather forecast for the next millennium !


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NFMike

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Re: Sorry....I'll read that again !
« Reply #1 on: September 20, 2012, 10:31:15 PM »

I think he watched the Stphanie Flanders prog about Keynes a couple of days ago. It's all about sentiment/confidence apparently, so if people think it's all going to recover - it will. Merv is just talking it up a bit :)

malcolmfrary

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Re: Sorry....I'll read that again !
« Reply #2 on: September 24, 2012, 09:37:53 PM »

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