The Economy

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Wednesday 11 February 2009 3.00pm
If these figures in the Telegraph are true, we are heading for global economic ruin. These are the sort of figures which are comparable with the Great Depression:-

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4590512/European-banks-may-need-16.3-trillion-bail-out-EC-dcoument-warns.html

See also this (very scary) graph for the US economy -

http://i43.tinypic.com/2qn191e.jpg

It will take decades to recover from this.
Thursday 26 February 2009 7.24pm
Please sign the petition against Fred Goodwin...

http://petitions.number10.gov.uk/Unworthy-Knight/

... and forward it to your friends and colleagues!
Friday 27 February 2009 10.34am
Although the amount of pension Fred Goodwin is receiving is indeed exorbitant, there is ofcoure the issue to be considered that the government has appatently happily allowed this to happen, and then leaked the information to distract attention from the asset insurance scheme which makes Fred'd pension look like absolute peanuts

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