Cameron References the Jonah Jinx

Yesterday in the chamber Cameron made a jibe that Tony Blair’s campaign to become EU president was going well until the moment the Prime Mentalist backed him, ensuring the “curse of the one eyed son of the manse” doomed Blair’s ambitions.

The more significant evidence of the curse and something that is symbolic of the end of the twentieth century Anglo-American dominance of the world, is the purchase by the Indian Central Bank of  200 tonnes of gold from the IMF.  The Indian Central Bank paid an average of $1040 per ounce, Gordon and Balls sold the Bank of England’s gold at an average of $275 an ounce.  So cack-handed were the gold sales that Brown and Balls gave advance notice to the gold market and the trade is now famously known as “the Brown Bottom”.  It was an act of short-term, self inflicted imprudence that has cost untold billions.

As quantitative easing drives the dollar and pound down in value the cost of that blunder becomes clearer.  India is heading towards becoming the new English speaking superpower and Britain is heading towards becoming a bankrupt state with a devalued currency.   Gordon has jinxed generations to come with government debt…




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Quote of the Day

Speaking at the Salzburg Summit on the Brexit negotiations, Juncker revealed:

“No decision will be taken here. Whenever the Commission is too flexible things are going wrong.”

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