Tuesday, January 20, 2009

Kaka gives verdict on Britain. Brown doomed, Hope ahead.

I summed up my feelings on British banking on 18th September read here, yesterday's market plunge of banking shares was thus predictable as is the end of this government. Foreigners will now have the next say in how Britain is governed and by whom. As usual yesterday, David Cameron, in choosing a new entrant to the economic team of his Shadow Cabinet between Ken Clarke and John Redwood opted entirely the wrong way. This does not bode well for the National Government which will soon have to be formed given the growing potential for default and/or downgrading of Britain's debt and consequent necessity to borrow in a harder currency to offset the worst consequences of a bankrupt economy. Kaka turning down the huge amount of sterling for his footballing talents (100 million seems the generally accepted transfer number) shows his skills go beyond the football field. A new start will soon be possible for Britain, bringing to an end some six years of pessimism for this blog and its forerunner. Huge talents still remain in the country as typified by the Skycar Expedition adventure on which I blogged earlier. We must hope that someone worthy of the nation now emerges from the background to marshal and unleash those national abilities.

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