UK GROUNDED, IT'S OFFICIAL!

Although it's terrible to witness thousands of travellers languishing in airports around the world due to the mishandling of their holiday/airline company's finances, why is the news presented in a shocked fashion? All this financial mayhem is the natural process of a nation that has not been keeping an eye on the economic ball. The truth is, as mentioned previously, we have a Government that can only see the tax returns to the coffers of the Exchequer, irrespective of whether or not they came from transactions done with real or borrowed cash. All this has been obvious for at least the last five years in both business and personal finance. To cover the costs involved in running an airline must be vast and does call for having a contingency plan for a rainy day. Businesses run on a mountain of debt are generally going to hit the buffers sooner or later.

The most disturbing aspect of all this is that thousands of folk are continuing to expose themselves to the possibility of being stranded abroad when the writing is on the wall in flashing narrative.


PERHAPS IF ONE HAS VOTED THREE TIMES FOR BROWN AND CO. IT WOULD SUGGEST A LACK OF ECONOMIC UNDERSTANDING.