So what emerges from Alan Sugar’s interview with Gordon Brown, a transcript of which is published by the Sun today? Not a great deal, really. The headline-grabbers are Brown’s sort-of-admission that the downturn has strengthened his position, and his “No, no, no,” when asked about joining the Euro. The first of these is almost certainly true; the second may not be.
Apart from that, the rest of the interview is largely a collection of the usual Brownite platitudes. Sure, we’ve heard all the “Global crisis which started in America”-style lines before, but here they’re perhaps more brazen than ever. Here’s how Brown sets up both America and British banks as the fall guys:
Alan Sugar: Why have we in England got this problem? I mean what has it got to do with America?
Gordon Brown: Out of America, a lot of people were persuaded to buy mortgages, they couldn’t pay for them, nobody quite knew when they bought these mortgage products that they were totally worthless.
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