The Bank of England enters Panic Mode, and lets everybody know it:
Governor Mervyn King said he is ready to reduce rates to ‘whatever level is necessary’ to counter the economic storm.
Because 0% interest worked so well for Japan in the ’90s.
Steve launched VodkaPundit on a well-planned whim in 2002, and has been with PJ Media since its launch in 2005. He served as one of the hosts of PJTV, a pioneer in internet broadcasting. He also cohosts "Right Angle" with Bill Whittle and Scott Ott at BillWhittle.com. He lives with his wife and sons in the wooded hills of Monument, Colorado, where he enjoys the occasional adult beverage.
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