Breaking News: 2010 British Motor Show canceled

Because of the ongoing global financial crisis, the 2010 British International Motor Show has been canceled. The organizers of the event did not want to proceed with the motor show against a background of uncertainty. In order to determine a course of action they asked the carmakers if they can commit to the show.

Since the carmakers are unanimously in the middle laying off workers, reducing salaries, lowering working hours and attempting to save cash, it would be truly foolish for them to get on with the show and spend considerable amounts of money at a time like this. So, it was no surprise when they were also unanimous in saying that they cannot commit. The organizers promptly proceeded to cancel the event, saying that they will be back when things get better, although no one knows for sure when that will be.
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FanboysStink - 3/19/2009 1:55:31 PM

+1 Boost

1. United Kingdom of Great England Land is BANKRUPT. Only not everyone knows. Yet.


2. Godron Brown is printing money they way even Ben Shalom Bernanke is impressed. Just check the 5-year GBP/EUR chart:

http://uk.finance.yahoo.com/q/bc?s=GBPEUR=X&t=5y&l=off&z=l&q=l&c=


3. UK external debt (paid in goods or foreign currencies so printing money won't help) is 353% of their GDP. US is only 76%.

http://www.nationmaster.com/graph/eco_deb_ext_pergdp-economy-debt-external-per-gdp


4. Their trade deficit is also at the sole bottom. So Britons produce and export nothing. They only import, consume and shit.

http://en.wikipedia.org/wiki/List_of_countries_by_current_account_balance


5. UK is deeply buried in turd. I tell you this!

gareth153 - 3/19/2009 4:07:41 PM

+1 Boost

I believe that you need educating Fanboysstink !!!

Boss - 3/20/2009 12:10:12 AM

+1 Boost

Well if thats the case I'll go buy me a Jaguar XF and help out my fellow americans lol.Buddy I guess you dont know nothing bout nothing because we all no that England makes plenty of automobiles that are sold thru-out the world and buddy they aint cheap the last time I checked.

veyron1001 - 3/21/2009 8:17:47 PM

+1 Boost

There is no excuse for deficit but the thing that surprises me the fact that the UK nearly taxes you to death.