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Tuesday, November 11, 2008

QEII- The Person, Has Questions About The Global Credit Crunch

As the oceanliner the Queen Elizabeth II enters into the world of retired cruise ships to become a floating hotel in Dubai , the person, Her Royal Majesty or HRM QE2 wonders why no one spotted the credit crunch that has affected the entire world.

During a recent visit to the pretigious London School of Economics, (Mick Jagger of the Rolling Stones went to LSE ), the Queen was briefed on the origins and effects of the credit crunch by economics professor Luis Garicano.

"Why did nobody notice it?" asked the 82-year-old monarch, adding that the turmoil was "awful".

Professor Garicano explained the economic mess this way, "At every stage, someone was relying on somebody else and everyone thought they were doing the right thing."

The questions from the Queen provides proof she's just like us. Just like us she wants to know why the experts did not warn of the collapse, and why no one did anything to try to stop it.

The explanation provided is also proof that just because you are royalty does not mean you will receive an adequate answer to your quiry.

God save the Queen, it looks like she really is a human being.

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