Preparing to print money

And just in case you didn’t believe me in my last post about things getting worse, read the FT report following Mervyn King’s warning today, that

the UK economy was in deep recession and that the risks to economic growth lay “heavily to the downside”.

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Author: wilks

I called myself Wilks when I first started blogging. The idea was that it would afford a measure of anonymity. For much the same reason, there was no photo. Times change, hence the photo, but I decided that even when I changed the blog’s title at the start of 2009, I should remain Wilks.

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