The value of the pound has plunged, suffering its sharpest drop in 16 years, after the Governor of the Bank of England warned that Britain is entering a recession.
Seriously, Merv, what the cunting fuck were you expecting would happen when you opened your fat gob?
Traders in the US and Japan rushed to dump their holdings of sterling, electing to cut their losses as forecasts suggest the British economy is poised to deteriorate further. The FTSE 100 opened down 1.5 per cent.
Let me guess? You went short, right?
Thanks for that, Merv. No quick Euro city breaks for a while for me then. I can instead enjoy some delightful British culture among the intelligentsia.
However, Mr King said that history was likely to judge the Government's £37bn banking recapitalisation as the turning point in the sector's crisis.
Oh, look: a flying pig. Not as uncommon as they once were, obviously.
2 comments:
Loving that link - you just know that story was designed to wind up Mail readers. And lo it came to pass, hundreds of commenters quaking with impotent rage. rofl.
*sigh*
Obo, the purpose of Big Government is to provide opportunities for speculators. Don't get mad - just try and work out what they'll do next and try and trade for profit.
*/sigh*
Post a Comment