Bank on St Pancras Eurostar to save the city but not housing equity despite Barclays and Northern Rot

St Pancras looks magnificent, and it is but at present it will only benefit the City.

Even Barclays will have bonus's to spend on taking the strain by train to Paris et al

But Eurostar St Pancras will not slow the housing market crash that Nationwide at last seem to have acknowledged

American sub-prime made Barclays Capital write off £1.3billion yet they still show a group profit - maybe they were charging too much in the first place?

Citigroup Merrill Lynch didn't help Northern rot but now Applegarth and others have had to go - does anyone know who might have bought it, well the profitable parts at least?

Recessession - best get used to reading it, spelling it or saying it because we are going to hear a lot about it - just that the Government (and Bank of England to a certain degree) have thier head in the sand thinking that if they do not use the word, the R word, then either they, or we, or both, won't have one! Gordon is a moron, Gordon is a moron, and Alistair is a moron and Darling is a moron!

Plonker Gordon Plonker Alistair Nasty Tony - go on, let them sue if they disagree, go on!