History does repeat itself
Sir -- So Mr Soden of the new Central Bank Commission advises us to alienate ourselves from Europe and embrace America. Far-away hills really are green. It is reminiscent of a policy enunciated by Jonathan Swift -- "Burn everything British except coal."
My father's generation described to me how people struggled to carry home the hind quarters of free beef while the farmers had to cut the throats of newborn bull calves.
Maybe we should cut our noses off to spite our faces again and prove that history really does repeat itself.