Comments on: Links: 2009-03-09 http://www.creditwritedowns.com/2009/03/links-2009-03-09.html Finance, Economics and Markets Thu, 09 Feb 2012 08:49:33 +0000 hourly 1 By: Edward Harrison http://www.creditwritedowns.com/2009/03/links-2009-03-09.html#comment-4237 Edward Harrison Mon, 09 Mar 2009 16:41:10 +0000 http://www.creditwritedowns.com/?p=6863#comment-4237 Michael, As interesting as AEP's stories can be, he does have a certain anti-European axe to grind. Sometimes, it makes him blind to the reality. The UK is clearly in a worse situation than the likes of Germany and France. He may like the Old Lady on Threadneedle, but the British economy is still getting killed. Michael,
As interesting as AEP’s stories can be, he does have a certain anti-European axe to grind. Sometimes, it makes him blind to the reality. The UK is clearly in a worse situation than the likes of Germany and France. He may like the Old Lady on Threadneedle, but the British economy is still getting killed.

]]> By: Michael http://www.creditwritedowns.com/2009/03/links-2009-03-09.html#comment-4235 Michael Mon, 09 Mar 2009 16:06:02 +0000 http://www.creditwritedowns.com/?p=6863#comment-4235 Trying to sink the euro to save the pound? AEP again at it with his last piece: "Thanks to the Bank it's a crisis; in the eurozone it's a total catastrophe" He writes that "Spain's agony is already well advanced. Industrial output has fallen 24pc." all because of the euro. And what about Japan (-31pc), Korea (-26pc), Russia (-16pc), Brazil (-15pc)? Also Euro-zone members? The further the pound slides into the abyss, the more hysterical AEP's propaganda becomes. Trying to sink the euro to save the pound? AEP again at it with his last piece: “Thanks to the Bank it’s a crisis; in the eurozone it’s a total catastrophe”

He writes that “Spain’s agony is already well advanced. Industrial output has fallen 24pc.” all because of the euro. And what about Japan (-31pc), Korea (-26pc), Russia (-16pc), Brazil (-15pc)? Also Euro-zone members?

The further the pound slides into the abyss, the more hysterical AEP’s propaganda becomes.

]]>