Tim Price: Ask the ECB
Comment of the Day

July 11 2011

Commentary by David Fuller

Tim Price: Ask the ECB

The author turns to satire in this latest issue on the European sovereign debt crisis, published by PFP Wealth Management. Here is a sample:
In a brand new column launching this week for the News of the World, the paper's freshly appointed 'agony aunt', the European Central Bank, answers your questions.

Dear European Central Bank,
A few hours out of Southampton and my brand new passenger liner with over 2,000 aboard is holed below the waterline, listing alarmingly and taking on water. We can't get everyone into the boats, and we didn't have enough boats to begin with. My engine room is flooded and she's sinking by the head. Do you have any advice?
- Captain Edward J. Smith, RMS Titanic.

Dear Captain of the Titanic,
Full steam ahead and press on regardless would be my call - it's probably just a scratch. The Titanic, like the grand euro zone common currency project, is unsinkable. I notice, however, that in all the confusion your ship's deckchairs have become somewhat untidy. I would rearrange them if I were you. Otherwise, just relax. Enjoy the rest of the voyage and pour yourself a Scotch and soda. Do you have any ice?
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