Just a little footnote in the later news yesterday from Germany
http://www.abendblatt.de/wirtschaft/article2075782/Staatseigene-Bad-Bank-verbucht-55-5-Milliarden-zuviel.html (In German)
Basically, one of the Banks which were nationalised to save it, "Hypo Real Estate Bank" have found a little error in their bookkeeping, to the tune of 55.5 MILLIARDEN Euros!
Just to recall what that represents..... - One thousand million euros, a 1 with 9 "0's" behind it, multiplied by 55.5 times........!
It seems that overstressed Accountants made the mistake...!
Now - there are a couple of points which strike me.....I wonder how much bonus the Accountants got for the mistake.....and how come I've heard NOTHING at all on any UK news Site/Radio/TV.....?
Surely, over the whole debt ridden World, it's not an enormous amount, but I think if the UK Government were suddenly to inherit such a windfall,they would either not tell us at all and spread it around between themselves, or the Government would crow at this unexpected lowering of the National Debt!
Mentioning this event on Facebook later last night, I had a response from a British person, terse - short and to the point.....
"If this had been UK, there would have been a "-" in front of the "1" - in other words an extra Deficit....!
Which probably explains the UK Gorvenmental expertise in using Euros.....!
Oh - by the way, if it is so insignificant, they can always transfer it to:
Acct Nr: 123456789 - Account owner: I W Mitchell(iwmpop) (mr le Marquis).
He probably knows what to do with it!
And he wouldn't be investing it in any Bank!
weather at Vauvert, France
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