Friday 5 March 2010

OK then, I will SHOW you exports are a non-starter for the UK

The government of the UK will tell you that printing money and devaluing the Pound by 25% in 2009 was a good thing for everyone in Britain, because it helped our exports and therefore brought money into the country. I begged to differ all along, and here is a chart from Eurostat (via a New York Times article here) that illustrates to you how that was indeed the case; we had the biggest trade deficit among all of the countries listed:




In the immortal words of our illustrious leader "it was the right thing to do". What a crock. What a complete idiot. Who voted for this guy? (Yes, I *do* know that nobody did, it was a rhetorical question...)

No comments:

More commentary at the Facebook page

Visit the page to find more news, commentary and community... (Like the page and you'll also see comments on links above - jus sayin.)

Twits can also apply here...