Trouble brewing
When Gordon says he has spoken to the banks, he had not, he had spoken to the bankers.
There should be more about what was said to the Icelanders and when it was said and by whom.
When Gordon said he was attending to the crisis from the time he woke to when he went to bed how did he find the time to go to Glenrothes for some elctioneering.
When will somebody explain that the Dow Jones Industrial has to be the worst index against which a market should be judged. Only thirty stocks and no weighting, ridiculous.
If you go back to 1929 you cannot compare stock market falls, there was no index, so how do we know how far the market fell in October 1929.
Action was taken in 1928 to protect the stock market falls in that year by pumping money into the economy. The same as today only the effect will be much worse. Just wait until next year.
The price of wheat is collapsing, the farmers won't have enough money to buy the seeds to plant next year, unless the banks change their policy, there is a disaster looming.
There should be more about what was said to the Icelanders and when it was said and by whom.
When Gordon said he was attending to the crisis from the time he woke to when he went to bed how did he find the time to go to Glenrothes for some elctioneering.
When will somebody explain that the Dow Jones Industrial has to be the worst index against which a market should be judged. Only thirty stocks and no weighting, ridiculous.
If you go back to 1929 you cannot compare stock market falls, there was no index, so how do we know how far the market fell in October 1929.
Action was taken in 1928 to protect the stock market falls in that year by pumping money into the economy. The same as today only the effect will be much worse. Just wait until next year.
The price of wheat is collapsing, the farmers won't have enough money to buy the seeds to plant next year, unless the banks change their policy, there is a disaster looming.
posted by Catch22 at 7:56 AM
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