From Al Jazeera …. Brown is in Saudi Arabia begging for money for the IMF, and along the way for Britain which is heading into a serious ‘recession’ (read depression). He’s trying to play tough with words like;
“As long as they play by our rules and operate in a commercial manner, we welcome investment from sovereign wealth funds in the UK.”
I’m guessing the reality is that he needs the money real bad, and he doesn’t really care how the funds are applied….or at least he won’t in the near future. The photograph of him below is hilarious … he has his knees primly together like a well trained schoolgirl, while the sheik is hangin’ out casually like a hood rat.
There seems to be a wave of whiny socialism sweeping the planet at the moment with everyone holding out their hands and saying ‘gimme gimme’ … with a radically increasing number of countries asking the IMF to bail them out and Brown saying things like;
“Brown met Saudi Arabia’s King Abdullah on Saturday and is leading attempts to boost the IMF’s financial reserves.
Referring to Gulf countries, he said: “The oil producing countries, who have generated over $1 trillion from higher oil prices in recent years, are in a position to contribute.”
Apparently the IMF has $250 billion available … I wonder how long that’s going to last for the global economy, when the US has poured well over a $trillion into their economy in recent months to little effect.
