Welcome to Financial Foot in Mouth

Unfortunately for our experts, the fact that their predictions may be expressed with admirable conviction does not always make them correct.

I believe the time has arrived for our persuasive forecasters to be held to account for some of their more wayward pronouncements – and, with your help, this website provides the opportunity to do just that.

And, to make things interesting, contributors will be entered into a quarterly competition and given the chance to win fine champagne or wine.

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A Pole of Stability

The euro area now represents a pole of stability for those countries participating in it by protecting them from speculation and financial turmoil.  It is strengthening the internal market and contributing to the maintenance of healthy fundamental figures, fostering sustainable growth.

Quote by: Conclusions of The European Council Meeting in Laeken
Quote made on: 14/12/2001
Quote Submitted by: Paul Morris
Source: www.consilium.europa.eu

Editor's Notes

Did someone neglect to inform the hedge fund managers about this?

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Published on: May 9, 2012

Category – Rest of the World Predictions and Gaffes
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Herman Van Rompuy on the Eurozone

We must urgently put in place
an anti-recession strategy

Quote by: President of The European Council) Herman Van Rompuy
Quote made on: January 2012
Quote Submitted by: Stuart Beere
Source: EUBUSINESS

Editor's Notes

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”.

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Published on: February 17, 2012

Category – Rest of the World Predictions and Gaffes
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What you as the City of London have done for financial services, we as a government aim to do for the economy as a whole.

Gordon Brown - 2002

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