This should have been done at the end of last week but I got pre-occupied by reading the Sewell autobiography (highly recommended in spite of being very frank about his sex life). Also diverted by playing Ella singing Gershwin through my new Bose loudspeakers which transform the sound coming out of the laptop.
I may owe an apology to the Duke of Devonshire a.k.a. "Stoker". His piece in the Spectator was a surprising co-incidence and may have done something to suggest that he is quite a decent chap - or that may just be the persona he is trying to project. "Frankly my dear I don't give a damn ".
Has Mervyn King gone mad? I ask because it should be obvious to anyone that his warnings of impending doom can only make matters worse. (He was one of the 364 economists who wrote to the Times condemning Maggie's economic policy.) But everybody else seems to be jumping on the band wagon to tell us how unspeakably dreadful things are going to be for the next five years or seven years or seventy years. I am fed up with it and therefore predict that everything will soon be coming up roses and after a downward blip we shall soon return to growth, peace and prosperity. Nobody knows what is going to happen in the next five minutes so my guess about the future is as good as anybody's. 'Only seven days to save the Euro'. How often have we heard that? We shall hear it again later on this week. Don't watch this space as I refuse to think about it in the middle of the night.
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