Do you think that the recent ,Government endorsed, Bank of England's gloomy economic forecast was a cunning ?

Question

and veiled way of devaluing the pound sterling? Mervyn King's down beat speech was not challenged by the Labour Party. Soon afterwards the £ started to loose ground against the Euro and the U.S, dollar.

Answer 1

Every thing being high priced is due in part to the oil prices and the rest is a shortage of building materials then food shortages due to disasters.

Then the swings in banking and credit card companies.

then the cost of health care.

Everyone zooming each other.

Answer 2

No - he's the only one who knows what he's doing ... you wouldn't want Darling to run the economy now - would you ?

Answer 3

It is all part of the beginning of the next great world depression .