Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Time to raise interest rates? | |
Posted by: | John Marshall | |
Date/Time: | 25/03/09 17:04:00 |
Well, as he claims he deserved credit during the boom that was also the result of a international influences (US subprime lending, Chinese growth etc) and of the UKs willing involement in overly aggressive lending to consumers, and the govts own practice of leveraging itself to boost short term performance (i.e. unsustainable public spending), then yes, he must also be responsible for the downturn surely? |