mint Posted April 26, 2009 Share Posted April 26, 2009 http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6169327.eceI have heard that one of the tenets of stockmarket practice is Buying Low and Selling High. This would seem to turn that central pillar of wisdom of Capitalism upside down? Link to comment Share on other sites More sharing options...
Anton Redman Posted April 26, 2009 Share Posted April 26, 2009 Ranks along side trying to increase finance available by making it cheaper. Link to comment Share on other sites More sharing options...
mint Posted April 26, 2009 Author Share Posted April 26, 2009 And printing money when your country's bankrupt? Link to comment Share on other sites More sharing options...
Gluestick Posted April 26, 2009 Share Posted April 26, 2009 Like Thatcher proudly boasting how she had cut government debt by selling off anything in sight (Mantra: if it moves, privatise it: if it don't, develop it!): national debt rose dramatically duing and right after her time in office, BTW...........NuLab are now desperate to lower their PSBR requirements: as the idiot Darling's projections are so far out of kilter he and more critically, his advisers, realise they will have a very hard time indeed floating all the new gilt issues they need to raise probably circa £200 Billion.Particularly so as S & P (Standard and Poors: the credit rating agency) are about to downgrade Britain from being an AAA rated obligor.After all the government BS about Northern Rock, one could weep...........................Why not sell the damned edifice to Virgin in the first place? Link to comment Share on other sites More sharing options...
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