Tag Archives: economy

The 3 A’s…

There wasn’t much feedback on yesterday’s ‘blog (it got 1 ‘like’) – making the ‘blog more popular that John Terry at the conference for the promotion of ethnic minorities (or just as popular in the event that Luis Suarez turns up to give Terry a bit of moral supporty).

There weren’t any comments though and I’m guessing that’s because most people who read the ‘blog then decided to read through a list to Silvio Berlusconi’s scandals – with any luck they might finish reading them in 3 or 4 days time.

Anyhow, it’s time to move onto today’s ‘blog, which is on the subject of the economy. There was a time where the UK had a credit rating that had more A’s in it than 2 scousers having a conversation – yesterday in fact.

Today is a slightly different as our credit rating has now been downgraded, although I’m not entirely sure of how the grading system works – but I think we go from AAA to AA to C to D to 9V… or that might be batteries… I’m not sure… but I’m Ever Ready to try and joke about it.

The whole concept of rating this kind of thing is very interesting and innovative; personally speaking, whoever came up with the idea gets a pat of the back from me – you’ve got to give them some Credit…

Disappointing as though it is to lose the AAA rating, the UK is not alone in losing their top-banded rating. Last year, the USA were downgraded by ratings agency S&P – they basically said to America that they would no longer be rated as AAA due to their debt’s Standard being Poor…

Standard & Poor’s weren’t the credit rating agency who downgraded the UK thought – apparently we were downgraded my a Moody bunch of people.

Well, I’ve just checked and apparently the credit rating agency who downgraded the UK was actually called Moody’s… their decision sent shockwaves through London’s Square Mile… George Osborne took decisive action and acted quickly though… he downgraded Moody’s from ‘a good bunch of guys’ to ‘an absolute set of w*nkers’…

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That shrinking feeling…

Yesterday’s ‘blog got one ‘like’, so I’m happy that I managed to precisely maintain the quality of my ‘blogging from the previous day.

After a mention of tennis yesterday, Andy Murray booked his place in the men’s final at the Australian Open today. Murray is in good form having won every Grand Slam men’s tournament held since the 2012 Wimbledon – his victory in last year’s US Open meant that I can no longer claim to be such a good tennis player that I’ve won as many Grand Slam titles as Murray and Tim Henman put together. What a selfish Englishman/Brit/Scotsman (please delete depending upon his performance in the final) Murray really is.

Anyhow, the economy shrunk again today meaning that it’s shrinking faster than Lance Armstrong’s reputation and, with any luck, in a few weeks time the entire economy should be able to fit neatly into one of these ‘blog posts – given that Ronnie Corbett has grown more than the economy.

Whilst the Government were initially keen to deny that a double-dip recession would occur it now appears that these denials were because they were planning on having a triple-dip recession. This means that our economy will have more dips than a celery and doritos party (which is a modern update on a cheese and wine party, these are tough economic times after all. Indeed some people in Greece now actually get paid in the above items instead of received money, but at least they’re earning… or they’re get a celery anyway…).

There’s little point in trying to explain the whole economic situation as I’m pretty clueless about it, indeed I am to economics what George Osborne is to… er, well… economics…

I’m fairly certain that the economy has contracted in the last quarter due to the UK’s Gross Domestic Product going down. Sort yourselves out Britain! There’s no wonder the economy’s going to the wall if the Domestic Products we sell are Gross. Who the hell would want to put horrible products in their homes!? Start selling Nice Domestic Products and the economy will prosper, you fools!

On top of that, our national debt appears to be increasing so quickly that anyone would have thought that it was lend to us by Wonga.com and the deficit reduction plan appears to be working as well as the last Prime Minister’s pitch to the BBC for a comedy show staring him and his 2 children (he was going to call it Gordon Brown’s Boys – ironically, it would probably have been funnier that Mrs Brown’s Boys).

To find out whether we’ll actually officially back in recession we will have to wait another 3 months to see whether we have what’s technically known as ‘2 quarters/6 months of the year’ of negative growth… ‘2 quarters/6 months of the year’… that’s a name of two halves…

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Jimbo’s Advent Calendar Returns Ep1

After a 2 year absence Jimbo is back with the Advent Calendar. With a bigger budget available Jimbo shows off some special effects. Enjoy!

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