Thursday, August 03, 2006

Interest rate hike

I'm sitting at home today working on my presentation for EuroOscon and some stuff for EuroFoo.

Anyway, I've just heard that the BoE has put up interest rates. About time to!

I can't see why with inflation rising, interest up, debt soaring and a weak overall economy - how anybody can come up with a conclusion that we are in for a soft landing?

I've added this link to an old movie House Price Crash Movie (had to relink this YouTube version)