Its been a big year for Trumpo personally - good or bad ? 2008 will tell.

But what we do know for sure, it’s been a bad year for the British economy, both reputationally and most importantly in the pockets of the british consumer.

When Trumpo launched in 2005, we had no idea that we would be involved in a financial crisis that would be forever in the history books.

Several events have culminated to produce probably the scariest financial outlook for a very long time, the largest of which actually led to the creation of the Trumpo blog, the first run on a British Bank - the Northern Rock Debacle.

We have compiled several entries on the subject since the blog launch in September 2007, but the problems go a lot deeper than the worldwide reported collapse of Northern Rock.

Throughout the year we have seen the biggest “papering over the cracks” exercise for a very very long time, now Trumpo may be deemed to be a whinging pom, but the situation can now be deemed “critical” and the first 8/12 weeks of 2008 will be the most nerve-racking since the period post Black Wednesday (19th September 1992) when interest rates hit 15%. I heard on the radio today that Gordon Brown has made the financial crisis facing Britain his number one priority for 2008 - what’s he going to do, write off everybody’s personal debts?

I am very nervous about what drastic measures Gordon and co’ are going to take, but whatever they be, they will have to be biggys. The most obvious is a large drop in interest rates in the first few months to try and keep the debt mountain serviced. But after that I aint got a bloody clue.

I suppose or hope that its at times like these that our Government Ministers and MP’s will come up with the answers, thats what they were voted for in the first place. And the Tories better have an answer if Labour dont, and have it quick - even if they have to work together for the good of the country. After all 2 heads are better than 1.

If in the first quarter of 2008 we can crack the credit crunch, absorb planned fuel rises without incurring a property crash then theres hope of a soft landing next year instead of an almighty train crash.

Billionaire Mike Ashley of Sports Direct summed up this year perfectly, commenting earlier this month so eliquently how business this year had been like a train wreck ”We have a broken nose, broken arm and a broken leg but we are still going to get on the next train and get to our destination.” Fantastic British Bulldog fighting spirit, Trumpo salutes you Mike and those that have the same drive and determination.  

May I personally thank all those that have made Trumpo possible and special thanks for the feedback received from contributors and business partners, keep your comments coming.

I wholeheartedly believe that the more people who submit their comments on the Trumpo blog and get the REAL message accross, importantly to the those who need to listen more, then we can actually make a difference.

Heres to us all working together for a better 2008.

Bring it on.

A very happy new year to you all.

Yours

Trumpo

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