Ed Balls went to Oxbridge, thus making him eminently eligible to lead ‘New’ Labour through its next incarnation as the Pinochio Party. Then again, so did all the other ‘contenders’ as did most of the Coalition cabinet, but let’s stick with Balls for a minute . . . .
Tag Archives: Ed Balls
Conclusive evidence that Oxbridge produces financially illiterate, lying sociopaths.
May 24, 2010 – 8:40 pm
An open letter to Gordon Brown, saviour of the world's banks, apart from Iceland, the UK and . . .
March 17, 2009 – 12:52 am
As Gordon and Alastair puff out their chests and iron their M+S Let’s Pretend We’re Businessmen suits (made in Indonesia) to host the G20 Global Summit on the global economy, a letter from Steven Katirai, whose Google search reveals him as a capital markets consultant based in the North East of England, has been doing the rounds [...]
Recession or depression? Don't ask Gordon Brown, he's in denial.
February 12, 2009 – 9:46 pm
A recession is defined as two successive quarters of negative GDP; a depression is defined as a slide in peak-to-trough of real GDP of 10% or a decline lasting more than three years. According to Mervyn King, Head of the Bank of England, the UK ‘recession’ is much deeper than anticipated. GDP might drop by [...]