BOE did not get the memo

Discussion in 'Wall St. News' started by ivanbaj, Aug 6, 2009.

  1. "The Bank of England surprised everyone today by announcing an expansion of its bond purchase program by $50 Bln pounds due to mounting concerns that the recession is deeper than it expected."
  2. So which one is the green shoot that's the question. Is it that the recession is bigger or is it that they are pulling $50bln pounds out of their arse, or both?
  3. You can't really believe it,can you.We already know what a Socialist wasteland feels like however.You have a big adjustment in store.