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quiteLondonLad

Listed below are comments made by quiteLondonLad between Tuesday, 27th January 2009 and Wednesday, 9th September 2009.

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Why are companies not borrowing? 10:41am on 09 Sep 2009 Are you ever going to post a blog that doesnt have "Worst global recession since the 1930s" in it?

Increase in the stock market value and good economic news seems to coinsided with your lack of blogs!
Bosses' pay and WPP 12:20pm on 02 Jun 2009 Well that was boring!!

All this time for a blog and no inside information?

Recession over, case closed. See you in another 16 year or 5 if the conservative get in.
A cuckoo in the stock market? 10:34am on 06 Apr 2009 Any chance of a post without the terms "to put it another way" or "i have been banging on about this for the last year" as if we are all so stupid it needs explaining 3-4 times in different ways and we certainly dont need the "i told you so!!" bit. If you were some sort of clairvouyant surely the goverment would have employed you buy now!?

Other than that i like the tone of the blog. Basically everyone is just waiting for the starting gun before getting on the property ladder.
Will QE work? 3:12pm on 11 Mar 2009 I LOVE THE FACT PEOPLE ADDRESS THEIR POST DIRECTLY TO MR. PESTON. LOL!

AS IF HE READS ANYTHING WE PUT ON THIS BLOG!

LOL!!!!!!!!!!!
Will QE work? 11:17am on 11 Mar 2009 Lets face it we have all had a really fat time!! With our flat screen tvs, obese eating, £5 frappochino and our £50-100 night out benders.

You didnt all think it was going to last for ever did you?

Its not a case for tighting our belts its a case of slimming down to get in our old one!!
Will QE work? 09:45am on 11 Mar 2009 Can anyone explain why we didnt use QE right at the begining of this mess?

Surely it would have been better to do this before cutting interest rates? or perhpes at the same time?
Bonus buck stops with Brown 09:19am on 06 Feb 2009 The simple answer here is that bonues should not be stopped but just capped.

or suspended until the economy picks up. It would be the most responsible thing to do in the circumstances that they waver theses bonues for the at least one year.
Bankers and responsibility 4:51pm on 30 Jan 2009 #51 (& 80)

I do not mean write off those peoples detb that have been going around like big time charlies buying £5 frapaccinos and now have nothing to show for the good times.

The problem is as i see it that the banks have inflated balance sheets. Now we know that but by how much? and thats why they have lost so much of there value AND so reluctant to lend. i wouldnt lend to someone when i was skint nor would i lend to a bank if i thought they might not be good for it.

You wipe that problem away by giving the banks the money they were ment to have and they could lend again (all be it at a more stricter level and modarated).

If every banks did that we could carry on as normal. how do people lose out?

If we dont do this the rich get richer and the poor get poorer.

This could all be a lot of rambling of a normal person not in the know but when we start printing money (which seems likely) why dont we just not bother and right it off instead?
Bankers and responsibility 11:29am on 30 Jan 2009 I say again. Why dont we just wipe off all the toxic assest?

Just pretend they werent there? or exchange them for money from a globle bank where the money is printed when needed??

Its just crazy that Tax payer foot the bill for the globle meltdown.

Everyone is in the same boat so surely we could just write it off and start again!
When taxpayers buy business debt 10:40am on 27 Jan 2009 Please someone give me an answer to this question!!

Why dont we just remove all bad assets from the world? just writing them all off? like they just didnt exsist and then carry on as if there was no recession?

Almost as if we just turned a blind eye.

OR

You could just give every country 500 billion and say they can only use it to fund jobs in the renewable energy field.

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