Well the UK has not gone bankrupt today.

I get the impression that the UK government is being overwhelmed by events. There seems to be a concerted attempt by junior ministers to talk things up (the green shoots of Ms Vadera) but then shot down by FSA boss Mr Turner, who predicts that the economic recovery will not take place until 2011.
The Frogs are complaining about the collapse of the pound so hopefully it is doing us some good. Further declines in the pound are on the way when interest rates hit zero and when the Bank of England starts printing money. And we are so critical of
Robert Mugabe!
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