Friday 14 November 2008

Typical I miss the party!

I went away for a couple of weeks and it seems you all had a huge party without me. When I left the UK on 28th October the Great British Pound was at 1.63 to the US$ and 1.25 to the Euro.


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?

11 comments:

Mitch said...

Gordon turned up with some empty cans and a brick in a bag.

Steven_L said...

I got smashed on Sierra Nevada Pale Ale - 3 bottles for £3 at Tesco.

Old BE said...

It'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...

Nick Drew said...

there has been dancing in the streets, CU: our exports will now be so competitive, manufacturers are ... err ... closing plants as we speak

PS I am getting very worried about BE ...

Letters From A Tory said...

The party was great, thanks. All those machines printing out endless banknotes was a sight to behold.

Old BE said...

Euro parity would be a lot stronger than John Redwood's suggestion of Yen parity!

JPT said...

We all got distracted by 'Obama worship' during it.

Anonymous said...

What are you on about you plonker?

You 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.

Steven_L said...

houdini's right CU, but you better hurry up if you want to join in.

Duvel 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.

Mark Wadsworth said...

I kept a third of my money in FX, so I'm having quite a good recession so far.

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