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Ignore the sensationalist headline, read the extracts.
I am going to watch Panorama tonight, methinks
I don't think many people at all understood how serious things were going to be. Certainly most of the people criticising now can't claim to have foreseen quite what the economy was going to do.
What does piss me off a bit is that us savers are royally shafted because other people were too desparate to own a house and spend above their means. Equally I don't want people bankrupted or out on the streets but really all what's happened here has taught us is that savers and careful spenders really don't get a lot out of the capitalist system.
the economy had been doing really well and house prices were going up and up for fucking aaaaaaaaaaaaaaaaages, maaaaassive boom = maaaaaaasive bust.
it was obviously coming it was just a question of when. it was obviously gonna be fucking huge.
because at the time everyone was keen to point out that i didnt understand things as well as the financial experts/ boe etc, surely this is just the BOE being disingenious and now fibbing that they didnt understand when they did really understand?
If not what does it mean? I mean people all said that the experts knew better, were the people that said that the experts knew better lying?
This sort of statement (that the BOE has made is just confusing and upsetting), why would he lie like that? has he no consideration for others feelings? i think tht he has to come a lot cleaner than that, as it is it isnt good enough. He has to explain 'Exactly' why they dismissed and ridiculed and villified those who gave more accurate assessments....why did they do that why?