Sunday 1 January 2012

A HAPPY NEW YEAR

The first day of 2012 and my best wishes for "A Happy New Year" to anyone reading this posting. Although individually there may be happy 2012's it is looking very bleak collectively. After the Merkozy Junta just managed to keep kicking the can down the road in 2011 I suspect events will come to a head in 2012. Apparently the UK Treasury is doing some worse case scenario planning based on the premise that some countries after defaulting and with the euro collapsing will have to physically close their borders as well as put a halt to all money flows across their borders. UK holiday makers could find themselves marooned abroad with ATMs not working and will need to be repatriated.

This whole situation of over-indebted countries facing collapse can perhaps be best explained by the following:-



Despite it being a self-evident truth it seems that politicians of the Left and so many voters continue to fail to grasp it.

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