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.

1 thought 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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