Financial Foot In Mouth » economy

Marcus Brookes, on the short term prospects for the FTSE.

admin — Mon, 20 Feb 2012 22:30:09 +0000

FTSE 100 (10/02/2012 @ 12.30 p.m.): 5845 FTSE 100 (17/02/2012 @ Close): 5905 (up 1.03%) FTSE 100 (20/02/2012 @ Close): 5945 (up 1.71%) Well, you pays your money……..

Herman Van Rompuy on the Eurozone

admin — Fri, 17 Feb 2012 10:39:23 +0000

On 15 February 2012, the BBC reported that the economies of Germany (-0.2%), Italy and the Netherlands all shrank in the last quarter of 2011. “Fourth quarter GDP numbers have shown a contraction in economic activity, prompting fears the region could be pushed into a recession.

Please define “urgently”.

Gerhard Schroder(on the euro)

admin — Tue, 07 Feb 2012 08:16:51 +0000

Views about the euro can understandably change over time, but it is hard to conceive of greater Damascene conversion than that displayed by Herr Schroder in opposition in March 1998, when he said:

“The euro is a sickly premature infant, the result of an over-hasty monetary union.”

Contrast this with the pronouncements of the newly-elected Chancellor Schroder on December 31 1998:

“Our future begins on January 1 1999. The euro is Europe`s key to the 21^st century. The era of solo national fiscal and economic policy is over.”

Hmm.

The Campaign Trail

admin — Wed, 22 Dec 2010 09:13:46 +0000

“I still believe the fundamentals of our economy are strong”. (John McCain, on his campaign trail in 2008)

Wait till I get my hands on that speech writer!