Sunday, January 13, 2008

CRISIS, WHAT CRISIS?

The newspapers are full of foreboding about a possible economic slump and cite mortgage re-possessions and credit card debt, but this only applies to members of the working class. As usual the owning class are still rolling in it.
"If the economy is about to hit a rough patch, there was scant evidence of it at the opening day of the Collins Stewart London Boat Show at the Excel exhibition centre in Docklands. Sunseeker, a company based in Poole, Dorset, has the most expensive boat on sale, an £11.5m super yacht (anything over 24 metres is a super yacht) moored outside the hall. The Sunseeker 37 has three decks and four guest berths. It has a professional galley, room for a dozen people to sit around a walnut dining table, two lounge areas and a huge sundeck. Robert Braithwaite, who runs the company, said the firm has sold 10 and that anyone wanting to buy one would now have to wait until 2011." (Guardian, 12 January) RD

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