Global Recession Over.
Are you bloody kidding me?
In 1979 Nottingham Forest broke the transfer record by paying Birmingham City £1 million for Trevor Francis. In 2017 Paris Saint Germain paid FC Barcelona £200 million for a kid by the name of Neymar Junior, arguably the third best player in the world.
So, according to this transfer alone, the rate of inflation over the last 38 years is 200%. That works out to approximately 5% per year. The rate of inflation in 1979 was 11%. Decade on decade over the past 38 years the average rate of inflation is 4.6%. When you look at the numbers, £200 million is about bang on what you should be paying for an elite footballer today, right?
Now let's take a step back. inflation is calculated by basket goods: bread, milk, eggs and shit like that - not human beings that can rainbow a football over their head and have the ugliest haircut in the history of football (I know you've all thought the same thing).
Don't get me wrong, I rate Neymar. I thought that the game where Barcelona overcame a 5 goal deficit in the Champions League to beat, ironically, PSG 6-1 was the passing of the mantle from Lionel Messi to the Brazilian. Unfortunately it wasn't. Neymar is going to PSG to be the man. You think it's money? HELL NO. He makes more money than he knows what to do with at Barcelona but his ego hurts. It's remarkable how an ego can drive an athlete. Usain Bolt, Mohammed Ali and Tony Hawk all have egos the size of Uranus and the use that space to push their talent to the fullest . If they played team sports where they weren't the best on their respective squad they'd be out the door aswell.
The madness of the situation is that in a world that's crawling out of the greatest financial crisis since the great depression, someone has the liquidity to pay £200 million to an individual who will only entertain. At least we know that Qatar got World Cup 2022 for a reason, right?
I guess entertainment is what keeps the world encouraged for mundane day to dayism only sinks us further into an infinity of boredom.
Folks, the Global Recession is over - and it didn't even take Donald Trump to tell us so.