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What Ecb Really Stands For!


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European Clegg Boll*x is good for a starter.

 

So the Reichsbank has just cut Euro interest rates to a staggeringly low 0.15% to "avoid deflation". The Euro is in trouble - real trouble - everyone (wow, even the LDs!) have known this for a long while.  Our financially astute friends up North worked this out for themselves long ago too.  Sterling is just as much theirs as it is ours, we are told.  Well, not so fast, but we're glad you eventually noticed.

 

The Euro is predicated on political pipe-dreams of tired, old, out-of-touch, men and is destined to fail - but so, my dear LD friends, is The European Project.  Only the Germans have the tenacity (and stupidity) to cling on to a really dumb idea until inevitability is right outside their bunker door.

 

Meanwhile the UK economy is on the rise after Gordo's uberbinge, and the BoE (Bank of Enlightenment) is worried about inflation again.  What could further emphasise that the UK is a viable economic unit on the World stage, and simply shouldn't be throwing huge sums of our precious Sterling at a the long dead idea of a European super-state?

 

Yup, it's the seventieth anniversary of 'D' day, and our UKIP troopers are making the first tentative landings on enemy shores. Our French allies are to be regarded with suspicion as they're a funny lot, and a lot of them still support German domination. Elsewhere large swathes of the Continent are quietly hoping we will liberate them.  Cue-in for the Abba song: Waterloo, of course!

 

...The history book on the shelf
Is always repeating itself

...
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