Monday, October 27, 2008

[good news monday] not

Remember - it's worse in China.

Charming, simply charming.

1. A possibility cropped up last week in that a tiny investment from long ago which I'd thought had gone to the wall still actually existed. On a good conversion rate $AUD to £UK it would see me through Christmas.

Two pieces of news today:

* Global financial markets have singled out the Australian dollar for special punishment. Over the weekend the local currency was subjected to its biggest sell-off since it was floated in 1983. The AU dollar closed in US trade down 37 per cent from the high it reached three months ago.

* Colonial [plus my own fund] has frozen daily withdrawals from investments in mortgages. It brings the total amount of money locked up within investment funds to more than $24 billion.

So, in summary, not redeemable and if it were, at a slashed conversion rate to pounds.

2. Our boiler has broken down for the second time in two weeks and the place is now heading for iceberg status. Looking like an eskimo as I type this. Hurry on flu.

3. Blogger is still down - are you having problems composing too?

4. Telegraph this morning:

* Mobile fingerprint check - Police to use handheld fingerprint scanners for id checks in the street.

* Gordon Brown vows to borrow and spend.

Have to laugh - we're absolutely knackered, aren't we? Have a lovely Monday wherever you are.

4 comments:

  1. Stupid B*stard Brown.
    At least he should have read my recommendations on how to engineer the UK recovery.
    :)

    It's how you apply Keynes that make the difference between recovery and knackered.

    ReplyDelete
  2. Mondays have never been my favourite days, and it sounds like you're having one of the best!
    Maybe tomorrow will be better.

    ReplyDelete
  3. Maybe even today later on will be better. Doubt it though. Need the heat back on in the house first.

    How do you apply Keynes and not be knackered?

    ReplyDelete
  4. *' Mobile fingerprint check - Police to use handheld fingerprint scanners for id checks in the street.'

    LMAO! In disgust!
    Yet they took 'democracy' to Iraq!
    Well, at least we know where it went!

    The whole sorry propaganda about the exaggerated terrorist threat is to bring us to this Big Brother state ,for our own safety of course, so that the Epsilons are too scared/grateful to rise up in anarchy.

    We get what we deserve!

    I , for one, will NOT be submitting to ANY finger printing in the streets or elsewhere!

    ReplyDelete

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