Excellent explanation. What didn't make sense before now makes sense (which makes no sense). Really, it's a very good analysis.
Hey Mark, here in the US we can now lower the prime interest rates from around 1% to 3/4% (if not less). That ought to do it.
-Bruce D.
--- On Fri, 3/6/09, Mark Pring <markpringnz@yahoo.com> wrote:
From: Mark Pring <markpringnz@yahoo.com>
Subject: Re: [newmellotrongroup] [OT] Credit Crisis
To: newmellotrongroup@yahoogroups.com
Date: Friday, March 6, 2009, 4:52 PM
Yes, I noticed that it started with interest rates being reduced, looks like we might be going to go round again.
--- On Sat, 3/7/09, Mike Dickson <mike.dickson@ gmail.com> wrote:
From: Mike Dickson <mike.dickson@ gmail.com>
Subject: [newmellotrongroup] [OT] Credit Crisis
To: newmellotrongroup@ yahoogroups. com
Date: Saturday, March 7, 2009, 11:00 AM
This is pretty good:
http://www.youtube. com/watch? v=sqObIAnlnIM
http://www.youtube. com/watch? v=kqCktntlQak
--
Mike Dickson, Edinburgh
Free Music Project: http://www.last. fm/music/ Mike+Dickson
Or http://www.mikedick son.org.uk/