iBankCoin
Joined Nov 11, 2007
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BoE Forecasts Lower Growth and Higher Inflation While Preparing for a Debt Crisis

“Bank of England Governor Mervyn King said officials have prepared for dangers posed byEurope’s debt crisis, after the bank lowered growth forecasts and raised predictions for inflationthis year.

“Contingency plans have been discussed and have been for a considerable time,” King said at a press conference to present the bank’s quarterly Inflation Report today in London. “We are navigating through turbulent waters with the risk of a storm heading our way from the continent.”

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2 comments

  1. razorsedge

    sure seens like the powers that be, are going to punish, plunder, set the stage for NWO. lol, or not, nothing makes sence,or cents.

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