So Merv has sent out some warning signals today 
Bank says economic climate 'extraordinarily serious'
Banks should brace themselves to withstand the "extraordinarily serious and threatening" economic situation, the Bank of England governor has said.
Across the channel in Euroland, eurocrats Merkozy are pushing for fiscal and political union via treaty changes to solve the Euro's imminent problems (which could take months and months), whilst the realists who actually know how the money system really works and more importantly - how to use a calculator - are already issuing orders to our City to batten down their hatches and load their shotguns.
The next fortnight sounds like its going to be a real bloodbath...
...for the Euro
Bank says economic climate 'extraordinarily serious'
Banks should brace themselves to withstand the "extraordinarily serious and threatening" economic situation, the Bank of England governor has said.
Across the channel in Euroland, eurocrats Merkozy are pushing for fiscal and political union via treaty changes to solve the Euro's imminent problems (which could take months and months), whilst the realists who actually know how the money system really works and more importantly - how to use a calculator - are already issuing orders to our City to batten down their hatches and load their shotguns.
The next fortnight sounds like its going to be a real bloodbath...
...for the Euro
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