'Don't worry about all these Jeremiah's predicting economic gloom' said the newly appointed Governor of the World Bank, Richard Nixon - cousin twice removed of the former American President - 'the world economy is set for a dramatic recovery.'
Nixon explained to an audience of financiers and economists at his home in Belize that the advance of China and India in the economic world was significant.
'I have had several discussions with Chairman Mao and Mahatma Ghandhi and I am assured that China and India will be liberating world trade.'
A mesmerised audience, amazed that Nixon knew the names of these famous people, heard in silence as a pin dropped.
'Not only that' exclaimed Nixon 'Comrade Stalin is joining us in a Soviet/Free World Pact, exceeding even the ambition of the Nazi/Soviet Pact in the War.' Cheers and enthusiastic applause greeted this fantastic news.
'At last we can see the beginning of the end' said one wizard of the stock market.
'Now I know my money is safe' said another.
'We can continue to impress people with our generous donations to charity' said a third.
As always with economists, there were doubters trying to spoil the show but they were swept aside in a scene of ecstatic euphoria.
'You are just dreaming' said one sceptic 'this Pact will not last.'
'No' others cried 'see the stock exchanges of the world. They are all pointed up to the heavens!'