Well Done Willie!

That idea only lasted a week then.

Last week we were told that we should join the euro forthwith. This week:

Don\’t underestimate the capacity of very low interest rates and a devalued pound to help to put a floor under the economy.

Amazing really, that this week he praises the flexible exchange rate which last week he decided we should abandon.

One comment on “Well Done Willie!

  1. Ah yes, it worked for Ken Clarke and it can work for Gordon Brown.

    Last week you said it wouldn’t, but then a week is such a long time in economics, isn’t it Tim?

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