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Mark Carney is set to take the reins at the Bank of England tomorrow, three days before he's due...

Mark Carney is set to take the reins at the Bank of England tomorrow, three days before he's due to cast his first vote on monetary policy. Carney's arrival, which was secured with a hefty salary, is accompanied by much hype, to the point that he may already be set up to disappoint, especially as he has to deal with stuttering growth and a banking system sill in need of repair.
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  • onewhatsbeendonebefore
    , contributor
    Comments (145) | Send Message
     
    Mark Carney has a tough week ahead of him his salary doesnt kick in until August 1st. Can he survive the fools in the British treasury making blunder after error.

     

    London now filling up with shed bedrooms as housing shortgage made far worse by Chancellor Osborne providing interest free 20% house purchase deposits sending values 20% higher in a week.

     

    Remember 1971/2 house prices DOUBLED in 4 months as Thatcher sold off the local authorities housing stock at 75% discounts.

     

    Thus the shortages are providing huge buy to let property profits for robber landlords. Seeking to re buy their properties offshore to legally evade property taxes and inheritance and capital gains taxes first realised by Thatcher's first law on becoming Prime Minister her infamous offshore tax havens.

     

    Will Mark Carney have the bottle to take on Conservatisms Spending bonanza or will he fall into line like the rest of the European Muppets.

     

    We will mwait and watch..
    30 Jun 2013, 08:10 AM Reply Like
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