Finally Broon Admits it.

[chris_w666]

Maybe a repost but it seems our leader has finally admitted that we are entering a recession.

http://www.telegraph.co.uk/finance/financetopics/f...

[GregE240]

Ooh, he's got his finger on the pulse, hasn't he.

Does anyone else feel nauseous when him or his cronies are all full of themselves trumpeting this great financial rescue package? Even when it was suits in the Bank of England who put most of it together, who - thanks to Labour - now act independently of the Treasury.

[quotemehappy]

Just hope it isnt a long drawn out recession like the one in the early 90s, however a short recession which lowers house prices to a sensible level and gets rid of this culture of excessive debt and credit will be a good thing in my books for the long term.

[fullbeem]

I just seen the a picture of what is reported to be the vaults of the BOE

http://www.dailymail.co.uk/news/article-1079518/Th...

And Broom sold 415 tonnes of the gold stuff (worth £2 Billion) when Gold was at its cheapest.

[Jasandjules]

Ah, but did you hear him say No Country is safe? I think he somehow forgot to mention a few countries who, unlike him, were saving whilst the tax was rolling in, and now have that to fall back on.