Tuesday, March 10, 2009

The Economic Voice: hearing you loud and clear

If you think quantitative easing is another word for a laxative, you might benefit from the spirited online debates going on over at The Economic Voice.

Launched today, this site looks set to become a regular haunt for all those keen to argue the toss on financial issues and their political consequences. It’s more Joe Public than industry pundit.

The first posts consider whether the euro is being overvalued, how a Citigroup memo led to a global equity rally and how far banks will continue to dump toxic assets on the already besieged tax payer.

Thanks to the recession, much of the subject matter is bleak so far but the insights are genuine.

One of the more positive topics has contributors speculating on what mortgage holders should do if they have benefited from the latest Bank of England base rate cut.

Run up more credit card bills, seems the popular view.

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