The "NYLon" recession

LA met with a representative of the Bank of England yesterday, obviously the discussion was around the recession and its solution.
The Bank of England is still forecasting a "V" shaped recession, on what basis never became clear.
There was a reticence to enter into the argument of where the thing started, although there was recognition that it started on both sides of the Atlantic, not as Gordon says "it started in America".
LA has now coined this the NYLon recession, it started and was produced by the banks and institutions of New York and London, and as with Nylon the more you have the more shocks you get.
Obviously in parallel to this was the two most useless administrations in living memory, Bush Washington and Blair-Brown Britain. There was nothing inevitable about the current crash, it was produced over years, it was not natural, like Nylon.

When will Brown admit to this, more importantly, when will he finally go.

LA.