Its not looking good in Blighty! (Mega snigger)

[Mega]

Oh Dear
How sad
Never Mind
http://www.telegraph.co.uk/finance/c...he-bottle.html

The Bank of England having jumped into Bed with Greenspan & co in building a MEGA house price bubble now fine themselves with a little (Very Large) "Local difficulty".. They told everyone they were going to warp speed..........now they face a warp core breech!

As i write this there is some middleclass sh*thead taking his kids to play the local park. I see him backing up his BMW............i wonder if he has any clue the "ill-SH1T" about to be-fall him?

Mega

[ThePythonicCow]

Re: Its not looking good in Blighty! (Mega snigger)

The article Mega linked to concludes:

We need a government, and senior economic policy-makers, who are honest with UK citizens and tell us what is going on. That would be a worthwhile Christmas present to the British public – and would serve us well, into the New Year and beyond.

To which I am tempted to respond:

You can't handle the truth!


Merry Christmas, Mega. I suspect the Brits will have plenty of company, soon enough.

[Mega]

Re: Its not looking good in Blighty! (Mega snigger)

Yes & no.

I suspect that they are MUCH deeper in crap than anyone else...............however i also suspect they have a "Gentlemans agreement" with the FED...........after all look at HOW MUCH US debt the British have bought..............& where did they get the cash for that?

The FED is also buying UK debt..........this is a tough nut to crack.
Mike

[ThePythonicCow]

Re: Its not looking good in Blighty! (Mega snigger)

i also suspect they have a "Gentlemans agreement" with the FED

True ... though I would not call those bastards (on either side of the pond) "gentlemen".