<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd"
	xmlns:media="http://search.yahoo.com/mrss/"
>

<channel>
	<title>North East Truth &#187; The Economy</title>
	<atom:link href="http://northeasttruth.com/category/the-economy/feed/" rel="self" type="application/rss+xml" />
	<link>http://northeasttruth.com</link>
	<description>North East Truth</description>
	<lastBuildDate>Tue, 14 Jun 2011 15:30:10 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
	<copyright>2006-2007 </copyright>
	<managingEditor>m_cooper99@hotmail.com (North East Truth)</managingEditor>
	<webMaster>m_cooper99@hotmail.com (North East Truth)</webMaster>
	<image>
		<url>http://northeasttruth.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg</url>
		<title>North East Truth</title>
		<link>http://northeasttruth.com</link>
		<width>144</width>
		<height>144</height>
	</image>
	<itunes:subtitle></itunes:subtitle>
	<itunes:summary>Reality &#38; Truth, in the heart of North East England</itunes:summary>
	<itunes:keywords></itunes:keywords>
	<itunes:category text="Society &#38; Culture" />
	<itunes:author>North East Truth</itunes:author>
	<itunes:owner>
		<itunes:name>North East Truth</itunes:name>
		<itunes:email>m_cooper99@hotmail.com</itunes:email>
	</itunes:owner>
	<itunes:block>no</itunes:block>
	<itunes:explicit>no</itunes:explicit>
	<itunes:image href="http://northeasttruth.com/wp-content/plugins/podpress/images/powered_by_podpress_large.jpg" />
		<item>
		<title>North East Truth Radio Week 12 – Ian R Crane &amp; Anthony Murray – 3 hour show</title>
		<link>http://northeasttruth.com/terrorism/911/north-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show/</link>
		<comments>http://northeasttruth.com/terrorism/911/north-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show/#comments</comments>
		<pubDate>Wed, 18 Aug 2010 17:32:43 +0000</pubDate>
		<dc:creator>Mike</dc:creator>
				<category><![CDATA[9/11]]></category>
		<category><![CDATA[Depopulation]]></category>
		<category><![CDATA[New World Order]]></category>
		<category><![CDATA[Radio]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[Vaccination & Pandemics]]></category>
		<category><![CDATA[Video & Audio]]></category>
		<category><![CDATA[Weather Modification]]></category>

		<guid isPermaLink="false">http://northeasttruth.com/?p=851</guid>
		<description><![CDATA[This week Mike spoke to Ian R Crane and Anthony Murray in an extended 3 hour show]]></description>
			<content:encoded><![CDATA[<div align="right" style="float: right; padding: 0px 0px 5px 5px;"><a name="fb_share" type="button_count" share_url="http://northeasttruth.com/terrorism/911/north-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show/"></a></div><div class="tweetmeme_button" style="float: left; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fnortheasttruth.com%2Fterrorism%2F911%2Fnorth-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fnortheasttruth.com%2Fterrorism%2F911%2Fnorth-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show%2F&amp;source=NorthEastTruth&amp;style=compact&amp;service=bit.ly&amp;hashtags=northeasttruth&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p><img class="alignnone size-full wp-image-858" title="Ian R Crane Anthony Murray North East Truth Radio" src="http://northeasttruth.com/wp-content/uploads/2010/08/WEEK12BANNER.jpg" alt="" width="585" height="300" /></p>
<p>This week Mike spoke to Ian R Crane and Anthony Murray in an extended 3 hour show.<br />
See<a href="http://northeasttruth.com/net-live-radio"> our archive</a> for all previous shows.</p>
<p>Now available to listen to again below.  To stream the audio, click the mixcloud picture or use the player underneath (recommended), where a download link is also available.</p>
<div><object width="300" height="300"><param name="movie" value="http://www.mixcloud.com/media/swf/player/mixcloudLoader.swf?v=20"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashVars" value="feed=http://www.mixcloud.com/api/1/cloudcast/NorthEastTruth_com/week-12-ian-r-crane-and-anthony-murray.json&#038;embed_uuid=4e6d3800-d77a-4cc7-b2aa-fdd06329e21f&#038;embed_type=widget_standard"></param><embed src="http://www.mixcloud.com/media/swf/player/mixcloudLoader.swf?v=20" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" flashvars="feed=http://www.mixcloud.com/api/1/cloudcast/NorthEastTruth_com/week-12-ian-r-crane-and-anthony-murray.json&#038;embed_uuid=4e6d3800-d77a-4cc7-b2aa-fdd06329e21f&#038;embed_type=widget_standard" width="300" height="300"></embed></object>
<div style="clear:both; height:3px;"></div>
<p style="display:block; font-size:12px; font-family:Helvetica, Arial, sans-serif; margin:0; padding: 3px 4px 3px 4px; color:#999;"><a href="http://www.mixcloud.com/NorthEastTruth_com/week-12-ian-r-crane-and-anthony-murray/?utm_source=widget&amp;utm_medium=web&amp;utm_campaign=base_links&amp;utm_term=cloudcast_link" style="color:#02a0c7; font-weight:bold;">Week 12 &#8211; Ian R Crane And Anthony Murray</a> by <a href="http://www.mixcloud.com/NorthEastTruth_com/?utm_source=widget&amp;utm_medium=web&amp;utm_campaign=base_links&amp;utm_term=profile_link" style="color:#02a0c7; font-weight:bold;">Northeasttruth.Com</a> on <a href="http://www.mixcloud.com/?utm_source=widget&amp;utm_medium=web&amp;utm_campaign=base_links&amp;utm_term=homepage_link" style="color:#02a0c7; font-weight:bold;"> Mixcloud</a></p>
<div style="clear:both; height:3px;"></div>
</div>
<p></p>
<p>An ex-oilfield executive, Ian now lectures and writes on the geo-political webs that are being spun;<br />
with particular focus on US Hegemony and the NWO agenda for control of global resources. Since 2007 Ian has focused his efforts on raising public awareness of the pernicious attack on the global population in the name of corporate globalisation and harmonisation; with particular focus on the excesses of Codex Alimentarius. Ian is an independent researcher; he is completely self-funded.<br />
The views expressed in his talks and DVD&#8217;s are based entirely upon his personal knowledge and research. Prior to his retirement from the corporate arena, Ian enjoyed a career of 25 years in telecommunications and international oilfield services.</p>
<p><a href="http://www.ianrcrane.co.uk">http://www.ianrcrane.co.uk</a><br />
<img src="http://www.ianrcrane.co.uk/skins/Killer/styleImages/backgrounds/topHeader.png" alt="Ian R Crane North East Truth Radio" width="590" /></p>
<p><a href="http://www.youtube.com/user/Whoisafraidofreality" target="_blank">Anthony Murray</a> is an Irish researcher and speaker in the field of Psychological Operations and Social Conditioning. He studies and works as a physicist and approaches all topics in rational scientific manner. He has presented several non-profit talks around the UK on the topics of Psychological Operations and Predictive Programming. Anthony&#8217;s talks provide an astute summary of the many techniques of creating, moulding, and guiding of the views and perceptions of populations by the many system of control that they find themselves under.</p>
<p><a href="http://www.youtube.com/user/Whoisafraidofreality">http://www.youtube.com/user/Whoisafraidofreality</a><br />
<a href="http://www.youtube.com/whoisafraidofreality"><img class="alignnone size-full wp-image-856" title="Anthony Murray North East Truth Youtube" src="http://northeasttruth.com/wp-content/uploads/2010/08/anthonymurrayyoutubead.jpg" alt="" width="580" height="272" /></a>
<div class="tweetmeme_button" style="float: left; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fnortheasttruth.com%2Fterrorism%2F911%2Fnorth-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fnortheasttruth.com%2Fterrorism%2F911%2Fnorth-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show%2F&amp;source=NorthEastTruth&amp;style=compact&amp;service=bit.ly&amp;hashtags=northeasttruth&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<div class="addthis_toolbox addthis_default_style " addthis:url='http://northeasttruth.com/terrorism/911/north-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show/' addthis:title='North East Truth Radio Week 12 – Ian R Crane &amp; Anthony Murray – 3 hour show ' ><a href="//addthis.com/bookmark.php?v=250&amp;username=xa-4d2b47597ad291fb" class="addthis_button_compact">Share</a><span class="addthis_separator">|</span><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a></div>]]></content:encoded>
			<wfw:commentRss>http://northeasttruth.com/terrorism/911/north-east-truth-radio-week-12-ian-r-crane-anthony-murray-3-hour-show/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
			<enclosure url="http://northeasttruth.com/wp-content/uploads/radio/NET_Radio_Week12_IanR_Crane_17082010.mp3" length="43247280" type="audio/mpeg" />
		<itunes:duration>3:00:11</itunes:duration>
		<itunes:subtitle>This week Mike spoke to Ian R Crane and Anthony Murray in an extended 3 hour show</itunes:subtitle>
		<itunes:summary>This week Mike spoke to Ian R Crane and Anthony Murray in an extended 3 hour show</itunes:summary>
		<itunes:keywords>9/11, Depopulation, Radio</itunes:keywords>
		<itunes:author>m_cooper99@hotmail.com</itunes:author>
		<itunes:explicit>no</itunes:explicit>
		<itunes:block>no</itunes:block>
	</item>
		<item>
		<title>Tyne &amp; Wear Left Unity – Budget Protest Stall &amp; Petition – 1pm til 2pm, Grey’s Monument Newcastle (Tue 22 June)</title>
		<link>http://northeasttruth.com/events/tyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle/</link>
		<comments>http://northeasttruth.com/events/tyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle/#comments</comments>
		<pubDate>Mon, 21 Jun 2010 12:32:39 +0000</pubDate>
		<dc:creator>Mike</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://northeasttruth.com/?p=699</guid>
		<description><![CDATA[TYNE &#038; WEAR LEFT UNITY TWLU BUDGET PROTEST STALL AND PETITION on TUESDAY 22ND JUNE 1PM -2pm AT THE MONUMENT, NEWCASTLE For more info about Left Unity email: appleinyoureye@googlemail.com On facebook search for “Tyne and wear Left Unity” and join group tynewearleftunity.wordpress.com We will then be joining the TUC save our services rally at 4.30pm [...]]]></description>
			<content:encoded><![CDATA[<div align="right" style="float: right; padding: 0px 0px 5px 5px;"><a name="fb_share" type="button_count" share_url="http://northeasttruth.com/events/tyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle/"></a></div><div class="tweetmeme_button" style="float: left; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fnortheasttruth.com%2Fevents%2Ftyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fnortheasttruth.com%2Fevents%2Ftyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle%2F&amp;source=NorthEastTruth&amp;style=compact&amp;service=bit.ly&amp;hashtags=northeasttruth&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p><img src="http://northeasttruth.com/wp-content/uploads/2010/06/GreysMonument.jpg" alt="" title="GreysMonument" width="300" height="248" class="alignleft size-full wp-image-707" /><strong>TYNE &#038; WEAR LEFT UNITY<br />
TWLU BUDGET PROTEST STALL AND PETITION on<br />
TUESDAY 22ND JUNE  1PM -2pm<br />
AT THE MONUMENT, NEWCASTLE</strong></p>
<p>For more info about Left Unity email: appleinyoureye@googlemail.com<br />
On facebook search for “Tyne and wear Left Unity” and join group<br />
tynewearleftunity.wordpress.com</p>
<p>We will then be joining the TUC save our services rally at 4.30pm at Ceremonial Way, Newcastle Civic Centre tomorrow as well. More than 750,000 public sector jobs will be cut – 30,000 in the North East.</p>
<p>We won’t pay for the boss’s crisis –stall and petition for government</p>
<p>Building resistance to the cuts and job losses –</p>
<p>The ConDem coalition government presents its spending cuts as both justifiable and unavoidable. Prime Minister David Cameron is doing his best to convince us that we should quietly acquiesce to a cuts programme that will affect “our whole way of life.”</p>
<p>We are told that we have to ‘rebalance the economy away from a reliance on government jobs’ and we are ‘too dependent on the public sector for jobs.’</p>
<p>We keep getting told we are all in this together and should therefore share the burden. But the financial crisis was the fault of the bankers, and the politicians who deregulated the financial sector to allow them free rein. When in trouble, the banks received generous bailouts to the tune of a staggering £850bn.</p>
<p>We are not ‘too dependent on the public sector for jobs’. These jobs are vital to the functioning of our society. We cannot afford to see them slashed and our public services weakened beyond repair.  </p>
<p>We reject the idea that working class people must pay for a crisis they didn&#8217;t create. We reject the current blind acceptance that “we’re all in this together” and that we – and that always means ordinary working people, of course, not the rich &#8211; have to accept changes that will affect “our whole way of life.”</p>
<p>Workers in Greece, Spain and elsewhere are already showing that it is possible to fight back. We need similar resistance in Britain. We call for a coalition of trade unionists, campaigners, community groups and public service users to campaign for a different set of priorities to that imposed by this bankers&#8217; coalition.</p>
<p>We should collectively tell the bankers and the ConDem coalition that we can&#8217;t pay for their crisis &#8211; and we won&#8217;t pay for it.</p>
<p>Signatories:</p>
<p>Dave Anderson MP (Labour),<br />
Tony Dabb (NUT rep),<br />
Alan Docherty (Unison member),<br />
Tony Dowling (membership secretary, Gateshead NUT),<br />
Paula Holland (curriculum manager, Adult Learning Alliance),<br />
Fazia Hussain (Regional Officer, Unite the Union),<br />
Martin Levy (Chair, Northern Region UCU),<br />
Norman Maines (Unite the Union and branch manager, Victim Support),<br />
Barry Purdy (Unite the Union),<br />
Yvonne Ridley, (European President, International Muslim Women&#8217;s Union)<br />
Rizwan Sheikh (Unison and co-ordinator, Vulnerable Workers Project),<br />
Alex Snowdon (NUT member),<br />
David Stead (Asst Secretary, Tyneview Park PCS),<br />
Nigel Todd (Labour councillor, Newcastle),<br />
Mark Tyers (Unison member),<br />
Alison Whalley (Green Party member),<br />
John Whalley (Green Party member),<br />
Steve Whitley (retired union member),<br />
Katherine M Yarrow (Unison rep)</p>
<p>(All in personal capacity)
<div class="tweetmeme_button" style="float: left; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fnortheasttruth.com%2Fevents%2Ftyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fnortheasttruth.com%2Fevents%2Ftyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle%2F&amp;source=NorthEastTruth&amp;style=compact&amp;service=bit.ly&amp;hashtags=northeasttruth&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<div class="addthis_toolbox addthis_default_style " addthis:url='http://northeasttruth.com/events/tyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle/' addthis:title='Tyne &amp; Wear Left Unity – Budget Protest Stall &amp; Petition – 1pm til 2pm, Grey’s Monument Newcastle (Tue 22 June) ' ><a href="//addthis.com/bookmark.php?v=250&amp;username=xa-4d2b47597ad291fb" class="addthis_button_compact">Share</a><span class="addthis_separator">|</span><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a></div>]]></content:encoded>
			<wfw:commentRss>http://northeasttruth.com/events/tyne-wear-left-unity-budget-protest-stall-petition-1pm-til-2pm-greys-monument-newcastle/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Would the Bank of England lie to you? (GDP projections)</title>
		<link>http://northeasttruth.com/banking-scam/would-the-bank-of-england-lie-to-you-gdp-projections/</link>
		<comments>http://northeasttruth.com/banking-scam/would-the-bank-of-england-lie-to-you-gdp-projections/#comments</comments>
		<pubDate>Fri, 14 May 2010 14:33:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Banking Scam]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[end the bank of england]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Propaganda]]></category>

		<guid isPermaLink="false">http://northeasttruth.com/?p=607</guid>
		<description><![CDATA[For the Bank it’s the right thing to do. But I’m treating this delusionary guidance as a negative signal. It’s a sign of desperation.

I mean, this chart must have been produced before we’d even got the new government into office. How can any economist make these pseudo-scientific projections before they’ve even got a clue about who’s running the country?]]></description>
			<content:encoded><![CDATA[<div align="right" style="float: right; padding: 0px 0px 5px 5px;"><a name="fb_share" type="button_count" share_url="http://northeasttruth.com/banking-scam/would-the-bank-of-england-lie-to-you-gdp-projections/"></a></div><div class="tweetmeme_button" style="float: left; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fnortheasttruth.com%2Fbanking-scam%2Fwould-the-bank-of-england-lie-to-you-gdp-projections%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fnortheasttruth.com%2Fbanking-scam%2Fwould-the-bank-of-england-lie-to-you-gdp-projections%2F&amp;source=NorthEastTruth&amp;style=compact&amp;service=bit.ly&amp;hashtags=banking,economy,end+the+bank+of+england,finance,Propaganda&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<p>The following article is taken from a free investment email I receive called The Right Side. (They also promote paid services) They have been very good over the years at seeing the turbulence coming and are also talking about the coming crash, something we here at North East Truth would agree with. <a href="http://www.fleetstreetinvest.co.uk/free-e-letters.html">See this page</a> to get these emails and more information about Money Week Ltd &#8211; Mike</p>
<p><strong>Would the Bank of England lie to you? </strong></p>
<p>BY BENGT SAELENSMINDE</p>
<p>Dear Reader </p>
<p>The Bank of England is tremendously powerful and exerts immense influence over our lives. But don’t let their authority fool you into believing everything they say. They may be trying to trick you. </p>
<p>Because of the Bank’s influential position, its Governor can’t come across as a dour pessimist, moaning about how bad the economy is. But crikey, the forecasts coming from this august institution look like something out of a Disney production.</p>
<p>Just look at their latest cartoon from the ‘Quarterly inflation report’. See if you accept The Bank’s forecasts… then, when you agree that you don’t, we can make some more plausible projections.</p>
<p><strong>GDP Projection (%) </strong><br />
<img src="http://northeasttruth.com/wp-content/uploads/2010/05/GDP-projection-14052010.gif" alt="Bank of England GDP Projection" title="BOE_GDP_Projection" width="326" height="282" class="alignnone size-full wp-image-608" /></p>
<p>The solid black line depicts where the economy’s been so far; you’ll see the trough mapped out by the recession we’ve just been through. The economy started sliding in late 2007 and finally hit the bottom in March last year. </p>
<p>That’s when the authorities threw everything, including the kitchen sink, at the economy to drag it out of recession.</p>
<p>What an exciting place we’re at now then (the first dotted line). Just out of recession, with a new Government and the Bank of England telling us that the future’s bright…</p>
<p>The green shading is the Bank’s best guess as to where the economy’s headed. Their economists tell us there’s a 90% chance that the black line will fall inside this green fan. But that only leaves a 10% chance of falling back into recession!</p>
<p>Basically, the Bank’s saying it’s almost certain that we’re in a V-shaped recovery. The only uncertainty is how good this V-shaped recovery’s going to be.</p>
<p>Does this look like a fair projection to you?</p>
<p>To put this in perspective, 2006 and 2007 (far left of the chart) were the go-go years. Rising house prices meant people could re-mortgage to buy a new kitchen, car, holiday, or whatever. Rising stock markets gave people confidence in the future, so they were happy to spend, spend, spend. </p>
<p>All the while, government spent like there was no tomorrow (which, in the end, there wasn’t for them). </p>
<p>With all of these plusses, the economy mustered up growth of around 2%, or 3%.</p>
<p>And guess what, the Bank’s pencilling in a bounce straight back to the go-go days. But wait, it gets more absurd… they even say there’s more chance of the economy hitting growth of 5%,or 6% (top of the green fan) than there is us heading back into recession!</p>
<p>I can’t remember the economy growing by 6% per year at the best of times. I’d love to take a bet from anyone that reckons we’ll be seeing it in the next couple of years.</p>
<p>This is pie in the sky economics from the Bank of England. If I had a green pen, I’d be shading in most of the bottom right hand side of that chart. A double-dip recession is more than a remote possibility and they’re not even considering it!</p>
<p>Why’s the Bank feeding us a lie?</p>
<p><strong>It’s a confidence trick</strong>. The bank needs to get the confidence of its audience. </p>
<p>Imagine a WWI army officer in the trenches saying ‘hey soldier, I wouldn’t want to pop my head up above there, but you go ahead… somebody’s got to.</p>
<p>Of course he wouldn’t say that. The Bank is the army officer, he wants you to poke your head up above the parapet. He wants companies to invest, he wants individuals to spend… he’s telling you that everything’s okay.</p>
<p>For the Bank it’s the right thing to do. But I’m treating this delusionary guidance as a negative signal. It’s a sign of desperation.</p>
<p>I mean, this chart must have been produced before we’d even got the new government into office. How can any economist make these pseudo-scientific projections before they’ve even got a clue about who’s running the country?</p>
<p>What does this mean for investors…and who can you trust?</p>
<p>Keep your wits about you</p>
<p>I suspect that this year and next will be tough. The whole of Europe will be facing ‘austere budgets’ (as they’re ubiquitously known now) at the same time. The Bank of England is going to have to refresh some ideas by next quarter’s inflation report.</p>
<p>I predict that every quarter, we’ll be seeing a little more green shading appear on their pretty chart.</p>
<p>So I’m keeping my head down despite the Bank of England’s protestations. </p>
<p>Here at the Right Side we don’t much care for the mainstream media. Sure we read the papers, but we prefer to stick to the facts as we see them. That’s why we only really take notice of like-minded independent investors. </p>
<p>I say investors, because an argument’s always that bit more persuasive when the advocate is backing it up with his own money. </p>
<p>One of the keenest minds I’ve come across recently is a guy called Riccardo Marzi. In his own words, Riccardo will ‘trade anything that moves’ and that’s precisely what he does. He left the City where he traded for others, to give himself time to focus on his personal trading and set up a service called ‘Events trader’. </p>
<p>Riccardo follows the markets like a hawk and tells his members where he’s putting his own money. </p>
<p>If you want news and views that are independent and come with profit opportunities, then he’s your man. </p>
<p>Bengt Saelensminde<br />
For The Right Side
<div class="tweetmeme_button" style="float: left; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fnortheasttruth.com%2Fbanking-scam%2Fwould-the-bank-of-england-lie-to-you-gdp-projections%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fnortheasttruth.com%2Fbanking-scam%2Fwould-the-bank-of-england-lie-to-you-gdp-projections%2F&amp;source=NorthEastTruth&amp;style=compact&amp;service=bit.ly&amp;hashtags=banking,economy,end+the+bank+of+england,finance,Propaganda&amp;b=2" height="61" width="50" /><br />
			</a>
		</div>
<div class="addthis_toolbox addthis_default_style " addthis:url='http://northeasttruth.com/banking-scam/would-the-bank-of-england-lie-to-you-gdp-projections/' addthis:title='Would the Bank of England lie to you? (GDP projections) ' ><a href="//addthis.com/bookmark.php?v=250&amp;username=xa-4d2b47597ad291fb" class="addthis_button_compact">Share</a><span class="addthis_separator">|</span><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a></div>]]></content:encoded>
			<wfw:commentRss>http://northeasttruth.com/banking-scam/would-the-bank-of-england-lie-to-you-gdp-projections/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>

