Friday, February 26, 2010

Stheeman sees no risk of UK debt crisis as sterling slides

The head of the British government's debt mismanagement office, the crazily-named Robert Stheeman, is convinced, convinced I tell you, absolutely convinced, that there will be no UK debt crisis as the pound sterling's value shrinks on world markets.


This could be the start of the Big One, Pilgrims. Hang onto your hats.


Anonymous said...

As in: no point in a denial if it's not true?

Anonymous said...

Strangely enough he was right. There is a crisis almost everywhere except the UK...