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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
One thing is for sure, Mervyn King is a very much more competant banker than the last man Eddie George, puppet to Brown, puppets to Greenspan. Those guys helped to get the world into deep sh*t.
We have also learnt the lessons of the disastrous Thatcher era. She deemed manufacturing a nasty messy troublesome business we could do without. Her idea was for the city of london to be our golden egg, we will be a nation of service providers spinning money around in endless circles but producing nothing of any real value to mankind. That stupid bitch should also have been burnt at the stake. Soooooooo Predictable, all that has transpired since her reign.
but even if i say something people dnt take me seriusly
the building up a nation and engagement commitment. when i wrote manage time and space it is not schaffhausen manufacturing plant for time and what u know for spacey it is a real understanding of how comitment evolves with insight and planification.
few monhs ago the druids coming visiting the britany village told us us treasury at 4 percent i reiterate at 4.and little over.
anticipating the move in the short and long part of the yield move allow to ..please put something.
an anecdote when i was in madina al salam in dubai i met a bench of guys from new york and passing by i gave a level for the us treasury yield he told me give a reason; i didnot know at that time i wasnot fondamental. but anyway it worked quite well for them.
gl all
by the way this erradic move in us treasury are only due to the fact we arriving to a resistance zone in S1P. resistance rezistance
http://bit.ly/e0byY1
KING: "inflation is likely to rise to somewhere between 4% & 5% over the next few months, before falling back next year"
Ashraf
The only justification for BOE to have a rate rise would be for their own perceived credibility. We are heading for a deep recession as is europe our largest trading partner. We aint seen nothing yet !
http://chart.ly/4dw75re
Ashraf