Unemployment up.
BT cut 10,000 jobs
GM on the brink
VW cap in hand to the ECB
Paulson reverses the $700b bailout. Apparently too much 'Toxic' debt ( I must check back on what I said about the global debt). Looks like the US taxpayer could be financing new car sales.
The Bank of England now says that not only is there a real prospect of undershooting the 2% inflation target but that deflation a real possibility. One prediction that I hoped, and still do, I would get wrong. Even Robert Peston is now using the 'D' word. That all a big turnaround from a month ago.