Saturday, 19 April 2008

Has Gordon Brown found another way to screw up the economy?

Following on from Brown bottom and the off-balance sheet PFI schemes, we now may have Gordon Brown swapping nice clean gilt-edge government bonds for a large amount of the banks' dodgy mortgages. The fact that the share value of many banks have increased since Gordon Brown and the Bank of England's inspired intervention leads me to believe that they know who has got the better of the deal.

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