Monday, 3 February 2014

Reuters breaking views think Carney may go well before 5 years

Reuters have put out an intersting clip to this effect.

http://uk.reuters.com/video/2014/01/13/reuters-tv-sochi-sponsors-poisoned-chalice?videoChannel=117765&videoId=276202402

Sorry about the advert at the start but persevere its worth listening to.

I guess they are saying the BoE job is a bit of a poisoned challice. Interest rates as I have opined will have to rise quite soon and if before the 2015 election the politicians will hang him out to dry. He also put his foot in it by getting involved in the Scottish referendum debate at his master's behest. Alex will have his revenge.

His political backers Osborne & Cameron are fair weather political friends who when the weather turns will hang him out to dry.

I think the London house price bubble is swelling up quickly. My forward guidance to Carney is to make sure his escape pod is ready.

No comments: