Tuesday, 3 November 2009

Best placed? The OECD thinks not...


It ALWAYS ends like this when you give a socialist* the keys to the piggy bank. ALWAYS.

* - "Give me your pound guv, and I'll give you this shilling"

Hat tip to BOM

14 comments:

Anonymous said...

This is no time for novices! Chump.

Warsteiner said...

Besides being financially ruined in some areas there is rubbish rotting in the streets, the Post Office is self destructing, British Airways is either going to fail or will be in the throes of an industrial dispute shortly - can it get any worse ?

And can I ask why we are lobbing money at india when they have just puchased a shitload of gold from the IMF ?

We are being well and truly stuffed. Thanks Gordon, you utter cunt.

bofl said...

and the QE isnt working!!!!!!!!!!

http://www.bloomberg.com/apps/news?pid=20601109&sid=aF4hrbVgNr3s&pos=13

yep £225 BILLION printed......
and all it has done is to create a bubble in the stock market.......

ie the banks have been given the money-so they have bought stocks......

yes those effing cretins will NEVER learn!!!!!!

you do not get out of debt by borrowing more!!!!!!!

Ampers said...

Darling and Gordon went up Whitehall to a nice Italian restaurant for lunch. When they had sat down, Darling smote his forehead and Gordon asked "What's wrong?" Darling said "I left the office safe open, and the petty cash was in it."

Gordon shrugged and said "What are you worrying about? We're both here!"

Anonymous said...

Just thought I'd cheer you lot up.
I've just seen a fat slag,5 months pregnant,on housing benefit (fact),
partner recently gone bankrupt,on the dole,got 2 cash paying lodgers.Fat slag was smoking a joint whilst waddling down the road .
Long live the welfare state!
Urban11

Marchamont Needham said...

"we are the best placed to weather the recession"

The banks haven't bought equities, they've been forced to buy govt bonds to prop up this bankrupt regime.

I presume the asset bubble is caused by low interest rates driving savers into equities and property. Might be wrong though.

Jock Coats said...

Of course we're "best placed". There is no place from which the only way is up other than at the bottom!

:)

sandywinder said...

Things can only get better.

beness said...

Hearing darling give the tories a blast about their (tories) so called promise on the referendum, I'm in no doubt that he(darling) has no clue as to the countries views on their (labours) manifesto promise.

Anonymous said...

And can I ask why we are lobbing money at india when they have just puchased a shitload of gold from the IMF

India is a nuclear power and has a space programme of it's own, yet we are giving aid?

Mitch said...

Our labourer at work just declared himself bankrupt after running up about £20k on cards&loans, since doing this(he lives at home and owns little) he got £700 tax back and pays no income tax for 12 months.
The bastard just booked 2weeks in the sun, best thing he ever did!!.
We are all paying for this WTF?

Rogerborg said...

I suspect that we're meandering closer to a Winter of Discontent. Broon may have to bring the army home just to keep the lights on.

adam said...

according to the figures i have seen, there will be a 50% drop off in 2015 of our electricity generation, over a one year period.

6000 said...

Bwahahahaha!

You're forever criticing "backward" Africa, but our (South Africa's) recent budget revealed we have a deficit of just 7.6% of GDP, which will drop to 6.2% next year.

We're way ahead of you. Your country is fucked.

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