"Britain remains well-placed to withstand this uncertainty in the global economy" - Gordon Brown, January 2008
"Britain is well placed to weather the first financial crisis of the new global age" - Gordon Brown, September 2008
Which is why the pound is tanking....
"Under this Government, Britain will not return to the boom and bust of the past." - Gordon Brown, November 1999
"And we will never return to the old boom and bust." - Gordon Brown, 2007
Which is why GDP growth is falling off a cliff...
"I will not allow house prices to get out of control" - Gordon Brown, March 1997
Which is why house prices need to correct by over 40% to return the house price / income ratio to the long-term average, and why Britain is in worse shape than the US.
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