Pigdogfucker

Any mention of “toxic assets”, unless you’re talking about a company which disposes of industrial waste.

Using “sub-prime” to mean anything other than “mortgage loans made in the US which did not meet Freddie Mac and Fannie Mae guidelines”. Also, conflating “a bank which is having trouble funding itself because everybody’s cagy about lending anyone money at the moment” with “a bank that bought US sub-prime loans and has now lost an enormous amount of money on them”.

Claiming that the Bank of England loan this week was a £50bn hand-out to the banks, rather than providing some urgently needed liquidity while getting a claim on some really good assets to ensure that there is no risk should things go titsup.

Fretting about the entirely trivial “a few buy-to-letters will be ruined; good” UK housing market blip which the government is taking exactly the right steps to sort with minimum pain, instead of the fact that high food prices have led to starvation, which had been almost eradicated from non-warzones, making a glorious comeback in the parts of the world where people are actually poor and have real things to worry about.