Posts Tagged finance

“But nobody told us the economy was going bad” – Yeah?

Waah, waah, waah. The cries from the media (and many of the assembled public) that nobody told them there was anything wrong with the economy are becoming annoying now. They were told – but they chose to ignore the warnings. Two years ago, in January 2007 (yes, despite the media’s insistence that nobody said anything […]

Told You So

Well, I did. Budget 2009 seems like a long time ago.  Things have gotten a hell of a lot worse since then.  But all the warning signs were there, and the Government’s failure to address them has been astonishing.  Still, in February, they’re only talking about doing something. As I said back in October, what […]

What’s the Plan?

So, Budget 2009 has come and gone (at least until next week, when Brian Lenihan starts reversing decisions, and March, when he needs a mini-Budget because all the income predictions are wildly optimistic). But where’s the plan?  Why is there no articulation of how this Budget, and the two or three to follow, will bring […]

Investment Strategies

A great bit of advice from Vitis in today’s Business & Finance: If you had purchased £1,000 of Northern Rock shares one year ago, it would now be worth £4.95.  With HBOS earlier this week, your £1,000 would have been worth £16.50; £1000 invested in XL Leisure would now be worth less than £5.  However, […]

PES & the Financial Crisis

via the PES website: The failures of global finance are really getting bad now – from collapses and bailouts to pensions, jobs and the threat of recession. I just signed an urgent petition to fix the basic causes of this crisis at the link below. It’s about to be delivered to European leaders, but to […]