11th November 2010
Yuaning with boredom? In the doldrums over the dollar? Or maybe you just need some light relief from endless currency war talk? Take some time out and watch "US-Sino Currency Rap Battle " in technicolour.
lordbarnett thinks: "Merv should also tell the coalition that high taxes stand in the way of recovery,but hey,Merv will be put out to pasture soon so no need to rock the boat,no, just write it all down in the diary for the enevitable book he will bring out with the title " I could have saved the financial system".
arabianmoney says: "What we are seeing in Ireland is a story of days to come in global bond markets. They are reaching a tipping point at which bond holders will demand much higher yields to invest – that has already happened in Ireland, and this will be repeated all over the world until interest rates reflect market risk. The central banks know that artificially low interest rates cannot be held there indefinitely. So if your pension is in bonds, for goodness sake get out!"
plato2 comments: "If they can't manage when interest rates are at an all time low then I fear for what will happen when they return to normal. However with no information on how this survey was conducted I have to say I doubt its validity"
RCSENG2005 thinks: "Its called the free market, David.I thought you Tories were all for it? As you reap,so shall you sow."
"Debts leave 3m Britons struggling to pay mortgage, says Shelter. 18% of mortgage holders say they are constantly struggling to meet monthly payments compared with 10% a year ago"
Tiresias says: "The trick is to spend less than you earn"
Bleachers comments: "Force down house and rental prices and most benefit claimants would gladly return to work. Another thing. Stop employment agencies advertising jobs at the jobcentre unless the agency guarantees full employment. Employment ag
ency promises are as worthless as your MP's."