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Richard Murphy on tax, accounting and political economy

Falling off a cliff

Posted on October 10 2008

This morning's FTSE 100 graph (so far):

The package has not worked.

Nationalisation is the only option for the banks.

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  1. Tax Research UK / The FTSE is massively overvalued: those selling are behaving rationally says:
    October 10 2008 at 11:20 am

    […] have already noted market reaction to the bank bail out this morning. It is clear that £500 billion is not enough to stabilise […]

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