Relubbus is famed for its buoyant economy, which is commonly know to be "as safe as Mouzel 'Arber". However, the UK and much of the rest of the world are gripped by choking deficits, which are driving governments to take hitherto unthinkable actions to balance the books.
Our Economics Correspondent, Bramwell Brasso Busso Bolitho, reports on some of the more controversial actions of our neighbour, the UK:
As Georgie has put it, "It's a devilish job making all these damned cuts without hurting the most vulnerable - who are clearly those who have the most to lose! Obviously, it is those in the Tory Party who have the most to lose and I am here to make sure that we keep it all - or Ashers (Lord Arsecreep) has said to me that he will ensure that I am given the most beastly roasting suffered by any fag!"
Georgie has said that everything is up for review and he and his pals - including token poor boy and new carrot-topped pal "Wee Danny Alexander" from off the Glengarry Estate - have come up with some ideas that would have hitherto been thought "unthinkable".
Old age pension - indeed "old age" itself - is to be scrapped. As 'two brains' Hector Weeble-Splunk, Georgie's policy adviser and fag maintains, "They used to say that 60 is the new 40", but now we say that "100 is the new 45"!!
Old age pension will only be paid to those who reach the age of 100. Up to that age, everyone will have to work under the new "Thrive or Die" scheme.
Pictured are Edward and Ethel Batt, both 92 and, until George and his pals came to power, residents of the Eastbourne Quiet Home for Retired Gentlefolk. Since the home could no longer function without considerable state aid, it has been closed down and the inmates have been turfed out on to the street.
(For those who are interested, the home has now been turned into a free enterprise brothel employing single mothers, who have been similarly turfed out of their council homes and deprived of their former benefits so that they must now earn their keep.)
Edward and Ethel have been given a half hour's intensive training to equip them for earning their living in the real world. However, Edward is still struggling to produce entertaining noises from his plastic flute, as he is completely deaf, whilst Ethel's numerous infirmities prevent her from singing and dancing, as she was instructed to do with the aid of various drawings. The couple have been give their own 'pitch' outside the Arbitrager pub in Throgmorton Street in the City of London.
Thanks to the open-handed generosity of the hugely wealthy traders who frequent the pub, the couple have been able to earn £17 over the past month and, thanks to the thoroughly good kicking they got, which resulted in hospitalisation and some free food, they have managed to stay alive.
Tufty Wakfer, a 98-year-old ex-tightrope walker from Greenwich, has been expelled from his Old Folks home and told that he now has to earn his daily crust; but that this will only be for two more years before he receives the generous new state pension of £5.75 per week with no strings attached.
He has been allotted his own nearly-new cardboard box under a railway arch and has been presented with a 'start up' tray of used razor blades to sell to the the public to try to make a living. Tufty has not been doing well and hasn't sold anything so far.
Some people have been questioning the fairness and even challenging the human rights aspects of these seemingly savage Tory cuts. Georgie has been most defensive and has insisted that they consulted most widely before introducing them.
In particular, he points out that he spent one whole afternoon chatting to his uncle, Mr Henley Regatta, who has assured him that he was doing "just the right thing", saving so much money. Typical of many hard-working Tories, Mr Regatta had simply not been grafting away as a stockbroker for the past forty years working every hour God gives between 10.00 am and 11.45 am each day to earn his millions so that it can all be taxed and handed over to benefits proles.
State expenditure has been reduced to just £1.5 million annually with money only going on essentials, such as champers for the pals at cabinet meetings (though Wee Danny has to drink Irn Bru) and an annual subscription to the Eton Needy Old Boys' Fund, for chaps down on their luck.
The Communist Leaders of the People's Republic of Hayle (chief among them trichologically-challenged Tregavarah "Combover" Ventongimps) are eyeing up the UK with renewed interest, sensing that the revolution there might just be around the corner.