Monday 22 November 2010

Taking A Punt On The Irish Bail-Out

The 'punt' refers to a question regarding the willingness of the Coalition to grant additional 'assistance' to Ireland in her hour of need.

When Gordon Brown, in what one can only believe he thought was an economic master-stroke, sold gold at rock-bottom prices did he not convert that money into euros?

On the basis that those euros are still held, it would explain the willingness of the Coalition to support a monetary system that they view with trepidation, knowing that one day they will be forced to become a member.

Just a thought...................

1 comment:

Sean O'Hare said...

I don't think it likely that the euros are still held. Much more likely that snotty spent them all. Didn't Osborne's predecessor say that there wasn't any money left?