Sunday, October 16, 2016

President of the BoE is an idiot

Mark Carney, is the ex-President of the Bank of Canada. 

In the immediate post 2006 World Financial Crisis he proclaimed the need to increase interest rates. Such was the genius of this man that in fact he could not and no nation did raise their interests rates. In fact from then to now they have stayed at or near zero.

Then mystically, he was chosen to be President of the Bank of England. This in turn shows the brilliance of British politicians.

Then prior to Brexit, he sang a song of woe, gloom and doom upon Britannia if she exited the EU. Nothing of the sort has in fact happened. So, again you have a demonstration of the brilliant brains of an idiot incompetent.

Now there is push in UK to be rid of him but Ms. May the PM foolishly wants to retain him. This in turn speaks to the incredible wit and intelligence of PM May and to the stupidity of politicians as a category of human beings.

Except for Norway, there is not one politician in the West who has not shoved his country into the abyss of debt, debt and more debt. The top example of this pattern is evidenced by the US.

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