Don't be downcast, it may be the worst depression since records began, and the whole world faces years of misery, but for Sir Mervyn King there are plenty of reasons to be cheerful.
For example, he's already got a knighthood and the promise of a fucking peerage (or he'll start digging up some of those bodies buried by the
Plus he's got a fucking brilliant book deal lined up.
And he's secretly on the books of the same agency who arrange Tony Bliar's after-dinner
Then there's his copper-bottomed inflation-proof mega-pension, ( which he has arranged will be paid in gold rather than the rubbish sterling notes he's been busy printing for the proles. )
So cheer up, Merv's doing great.