I read the BBC website a lot but have long since sent the telly to the dump, so its rare i see any of their television. the other night though i was at a friends and watched newsnight.
Standard stuff really, there was paxman and two others doing their very best not to talk about the economy whilst pretending to talk about the Economy.
It was very funny for those who missed it.
At one point on of the experts pointed out that the Dow jones had actually ended up on the day, so things are good, and Paxman just looked at him and said, i suppose so.
I nearly fell from the sofa laughing.
We have 60% of Americans using their credit cards to cover their morgages, we have banks collapsing, gold and oil breaking records, well oil breaking records. The dollar is fast on it’s way to being worthless paper and we have two wars to fund whilst we do this. So as the markets collapse our governments loan the Yuppies our tax and savings, flooding the stock exchanges in a hope to stabalise them, instead though they only prolong the inevitable.
But hey the Dow was a few points up for a day last week so no worries there.
It brings me back to the same question.
Are they idiots, are they complicit or is it forced ?
At least we don’t have to put up with evanomics any more
Posted by g8ken25 