Nothing works in modern Britain
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By Terry Wogan, Feb 18, 2012, The Telegraph
Just as the dancing in the streets was about to begin over the joyous drop in inflation, along came the unemployment figures to put the kibosh on the celebrations, and then the well-named Mr Moody follows up with his threat to Britain’s triple-A economic rating and the smiles that had bubbled to George and Mervyn’s lips over breakfast turned the Wheaty Bangs to dust in their mouths.
Clutching at straws, which has obviously replaced rational thought in economic thinking, the boys may take some consolation in finding that Mr Moody is a Ms Carlson, whose own record as a Mystic Meg leaves her well outside the Hot 100 of economic soothsayers. In 2007, a year before the West’s finances went into meltdown, she is quoted as predicting: “Although this sounds gloomy, we continue to believe the outlook is benign.” READ....
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