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.

Translation:

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

2 comments:

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...