Then it seems Mr King had some sort of party at the Bank of England and decided to have a huge give-away...of our wealth. Looking at it now it appears in the two weeks I was away that we managed to wipe about £41 billion of UK GDP value in currency depreciation alone.
That is some party I missed, even the Millennium dome only cost 1/20th of that. Hope you al l enjoyed it. it seems the hangover is starting to affect some companies though....Perhaps the drugs are not working. In fact it is about the same as the highest estimates of the cost to China of the Beijing Olympic Games.
Anyway, some please tell me how good was this party, what did you all do in it?
Gordon turned up with some empty cans and a brick in a bag.
ReplyDeleteI got smashed on Sierra Nevada Pale Ale - 3 bottles for £3 at Tesco.
ReplyDeleteIt's all good. I think we should announce now that we are going to join the Euro at 1:1. That should spice things up a bit. Pity we don't meet the Maastricht criteria...
ReplyDeletethere has been dancing in the streets, CU: our exports will now be so competitive, manufacturers are ... err ... closing plants as we speak
ReplyDeletePS I am getting very worried about BE ...
The party was great, thanks. All those machines printing out endless banknotes was a sight to behold.
ReplyDeleteEuro parity would be a lot stronger than John Redwood's suggestion of Yen parity!
ReplyDeleteWe all got distracted by 'Obama worship' during it.
ReplyDeleteWhat are you on about you plonker?
ReplyDeleteYou just missed the start of the party, we've yet to get really pissed and start playing the Wii and making real twats of ourselves.
We've already got Gordon Brown set up by the front door to counter any complaint and pass the buck off to someone else in another street, blaming them for the noise despite the fact it is self evidently coming from this party.
houdini's right CU, but you better hurry up if you want to join in.
ReplyDeleteDuvel is already up 10% at Tesco from the start of the week and the beer offers all end on the 18th!
If I were you I'd stocked up on foreign beer for silly season before you need a second mortage to buy a crate of Leffe.
I kept a third of my money in FX, so I'm having quite a good recession so far.
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