Wednesday, 11 April 2012

THE BORROWERS, EU STYLE.

The difference between the original film and the European version, is that the Director keeps shouting "cut" before the film-making gets under way. This is explained in simple terms, due to the fact that there are no funds with which to proceed in the production.

Greece, Portugal and Ireland are bust, with Spain and Italy on the cusp of liquidation', plus a 'tricky' France on the brink. That is just the Eurozone; there is more. We have, in these columns previously, referred to Martin Durkin's TV documentary in 2010, following the disastrous Labour years; taking a close look at the British National Debt, which now, in 2012, is probably close to £5 trillion. Mitchell Feierstein, CEO of the Glacier Fund, appears to concur with this appraisal. Check him on your search engine. You will note that Feierstein points out, that the UK Government can't bring itself to confront the problem. In a recent posting on our sister blog; http://polly-tickle.blogspot.com ,  we suggested, that in failing to announce this information on coming to power, said the problem will return to haunt them; a fact that will allow the ultra gormless opposition to goad them. As W.C Fields would have said: "Never give a sucker an even break".

Neither would it be good  for the US of A to be smug about the dire economic concerns of the Western World. Read Mark Steyn's tome, "After America, get ready for Armageddon". To dispel his views would be folly.


WHY DO PEOPLE BELIEVE POLITICIANS?


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