Bank of England cuts key interest rate by a greater-than-forecast 150 basis points

Trichet is just doing his job. He said unemployment is not his problem and he is right. That's the way it should be . The BOE
never put a stop to the mother of all bubbles in RE now they are scrambling to stop what is just a return to normalcy and just like the Fed they will run out of bullets very soon.

 

Read up on Japan's 1990s. It much more complex than you may think. Apples to oranges.

 

I am sure it is more complex and it is a result of a combination of circumstances which are difficult to weigh.

any suggestions will be appreciated.
any articles where comparisons are made will be doubly appreciated.

 

The same could be said for all bailout measures to-date.

 

large moves like this are usually the domain of a banana republic