Baffled by the crisis?
Terry Wogan below comes to the rescue.
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SUNDAY TELEGRAPH 15.3.09
Wogan's World
A befuddled economist recaps the current financial crisis: - -
the banks lost all our money; the banks stopped lending us
money; people are losing their jobs and so have no money
to put in the banks so that they can lend it; the government
wants us to spend the money we don't have, and the banks won't lend
it to us, because our assets have devakued since they lost our money,
and we're out of a job.
Am I right in thinking that the Latin term for 'quantitative easing
is "bifidus digestivum" ?
xxxxxxxx cs
===============================
SUNDAY TELEGRAPH 15.3.09
Wogan's World
A befuddled economist recaps the current financial crisis: - -
the banks lost all our money; the banks stopped lending us
money; people are losing their jobs and so have no money
to put in the banks so that they can lend it; the government
wants us to spend the money we don't have, and the banks won't lend
it to us, because our assets have devakued since they lost our money,
and we're out of a job.
Am I right in thinking that the Latin term for 'quantitative easing
is "bifidus digestivum" ?
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