news.bbc.co.uk/1/hi/business/8246846.stm
The BBC declared on their website within a few minutes that the FTSE had hit 5,000.
This means according to the BBC that the recession is over and the recovery is here.
This allows a full 8 months for BROWN to enjoy a boom before he is re-elected in June next year ( or even in a shotgun election before then )
This last week despite falling consumer buying in August - increasing unemployment - loads of big companies going under - and the UK debt rising higher than expected - the BBC and their close cousins at THE GUARDIAN and EXPRESS have been running RECOVERY stories in the face of all the economic indicators. All the stories have been based on "confidence surveys"
This is amazing news and I have cancelled my bunker and I am about to go out and borrow £50,000 with which to get a new car - TV - foreign holiday and a few cases of champagne. I am also expecting everyone I know to get a job next week.
The FTSE is also going to go up and up and away. The TREASURY is making sure of that by pumping in loads of money ( Quantitive Easing ) into the FTSE every day and into bonds. Notice how their own companies ( RBS and LLOYDS are doing so well despite being hugely in debt !!! )
The BBC Is RIGHT on this. They have now called the recovery. If they are wrong then I will lose EVERYTHING and be in MASSIVE DEBT - so lets hope they are telling the truth today.
Enjoy your HIGH SPENDING weekend everyone - get out and spend all the money - if you have none get down your bank tomorrow and get that LOAN - there is a recovery and loads of money is sloshing around that is looking for a home.
Fantastic. Forget the big debts. The recovery is HERE - so lets PARTY !!!!