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Off Topic => Ten Forward => Topic started by: Jack Morris on December 08, 2005, 05:31:40 am

Title: Yo Brits, is this true?
Post by: Jack Morris on December 08, 2005, 05:31:40 am

http://biz.yahoo.com/prnews/051208/ukth001.html?.v=43

What I'm curious about is what target of the population they are using. If I target the top 20% of America, it would look rosy indeed. If I target the middle class and poor, well, not so rosy.

Title: Re: Yo Brits, is this true?
Post by: prometheus on December 08, 2005, 06:25:39 am

Quote from: Jack Morris on December 08, 2005, 05:31:40 am

[url]http://biz.yahoo.com/prnews/051208/ukth001.html?.v=43[/url]

What I'm curious about is what target of the population they are using. If I target the top 20% of America, it would look rosy indeed. If I target the middle class and poor, well, not so rosy.

It is the top 20%, you can take that to the bank...

Title: Re: Yo Brits, is this true?
Post by: Sarek on December 09, 2005, 11:18:46 am

The only downside I see is that it is a disincentive  to lowering interest rates.