tag:blogger.com,1999:blog-33696095.post4038785330651327821..comments2024-03-20T16:27:56.522+00:00Comments on Norfolk Blogger: Inflation - A well know fact that the government ignoredNich Starlinghttp://www.blogger.com/profile/04237390959601973501noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-33696095.post-41810204963841906862009-01-21T13:33:00.000+00:002009-01-21T13:33:00.000+00:00Good points. Yes this recession is not just down t...Good points. <BR/><BR/>Yes this recession is not just down to Gordon Brown, but how it hits and hurts the UK probably is and will be.<BR/><BR/>He is like the captain of a ship that only sailed in fine weather near the coast and didn't keep up with maintenance or repairs. <BR/><BR/>Our trouble is we are <I>his</I> passengers, not passengers of a captain who had the hull scraped and painted and knows how to weather a storm.<BR/><BR/>Maybe if he hadn't sold off half the gold reserves at bargain basement prices just when the price bottomed out he might have more cash to play with now.<BR/><BR/>Maybe if he he had the gumption to tell the EU that he was going to do it anyway he could have dropped VAT by enough for it to have made any actual difference. Instead of just wasting Tax income.Moggs Tigerpawhttps://www.blogger.com/profile/06050823844924656462noreply@blogger.comtag:blogger.com,1999:blog-33696095.post-71657684338499292712009-01-20T23:40:00.000+00:002009-01-20T23:40:00.000+00:00We renewed in August and I persuaded my wife that ...We renewed in August and I persuaded my wife that we should have a tracker mortgage as rates had to drop (for the reasons I gave). I was right and we now safe moe than £100 a month on our mortgage !<BR/><BR/>If I, a teacher, not an economist could see it, why couldn't Alistair Darling ?Nich Starlinghttps://www.blogger.com/profile/04237390959601973501noreply@blogger.comtag:blogger.com,1999:blog-33696095.post-88577918637584415532009-01-20T23:24:00.000+00:002009-01-20T23:24:00.000+00:00Just over two months ago I went to see my bank man...Just over two months ago I went to see my bank manager about starting an ISA and we got chatting about mortgages.<BR/><BR/>He mentioned that he was just about to sign for a fixed rate deal. This was at a time when it was totally clear from all the media that rates were about to plummet and stay low for a long time. I did my best to persuade him that this was a bad move and he said he would look into it some more.<BR/><BR/>So if even a bank manager, just before rates were about to start their vertiginous drop could not see it coming, what chance for most of the population?<BR/><BR/>It's times like that when I am very glad I keep closely abreast of current affairs!Mark Thompsonhttps://www.blogger.com/profile/00744387583593537268noreply@blogger.comtag:blogger.com,1999:blog-33696095.post-43180236326923226432009-01-20T22:39:00.000+00:002009-01-20T22:39:00.000+00:00Good points, well made. I'm on a fixed mortgage w...Good points, well made. I'm on a fixed mortgage with another 3 years to run, paying over 4.65%.<BR/><BR/>Also on a different track, it seems NCC is planning job cuts for frontline staff, see<BR/>http://northnorfolkblogger.blogspot.com/North Norfolk Bloggerhttps://www.blogger.com/profile/06271766778031052555noreply@blogger.com