December 29, 2008
The housing market across the UK has "lost" £591 billion off its worth since January.
That works out on average that each property in Britain is worth £22,000 less than it was a year ago.
Obviously, as Gordon Brown will tell you, this is all entirely America's fault and not in any way his or that of his Government.
(I note the self-styled "son of the manse" completely ignored the five bishops who ruthlessly slagged him off for presiding over and encouraging a nation of debt yesterday, incidentally.)
Besides, people were too reliant on the worth of their property in the first place, says, erm, Gordon Brown...
...who, remember, continually bigged up the performance of "his" economy by citing numerous "key" factors, one of which was the rock solid value of people's homes...
(Note, now it's all turned to tatters, that it is no longer Gordon Brown's brilliantly steered economy, but instead a mere wide-eyed innocent victim of America's dreadful mistakes?)
No matter, says Gordon Brown, now that we are all in the shit he has got us into, he is the man to get us out of it.
And it's not just Gordon Brown we'll need, says Gordon Brown, but the "spirit of the Blitz".
Yes, that's right, Gordon Brown wants three generations of people who didn't live through the Blitz to somehow remember it, draw on it, and pull ourselves up by our socks with it.
"Did you live through the Blitz, dad?"
"No, son."
"Did you live you through the Blitz, grandad?"
"No, son."
"Great grandad?"
"No son. I was born just after it."
"So what did you all live through?"
"Gordon Sodding Brown, son," they said in unison. "And never again. Lest we forget."
