Tuesday, October 14, 2008

Taking the Long View

Ladies and gentlemen, we have meltdown. It’s the end of the world as we know it. There is weeping and gnashing of teeth. Many traders have been spotted in Central Park, swelling the already horrendous queues outside the soup kitchen. The New York Times leads with “We Name the Guilty People”. Starving millions are hammering at the gates of the Florida Sunset Home and other gated communities. Advanced detachments of Chinese troops have been seen at Stamford Bridge, heading south. Gordon “your name is mud” Brown is led to his place of execution at Tyburn. His last request? “A cup of tea, please”…

…Arise, Sir Gordon or, as the French would say, Sir Brown. By your prompt, incisive action you have saved the world from certain ruin. More to the point, it’s all over now for erstwhile wunderkind Dave Cameron. Meanwhile, traders on Wall Street have picked themselves up, dusted themselves down and started all over again or, as the Americans would say, started over. The world has put on a happy face and I have no hesitation in saying that spring is in the air!

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