Tuesday 11 May 2010

UK Economy May Be Allowed To Crash And Burn Like US Banking Giant

Prison Planet- Leading financial analysts and economists have warned that Britain may crash and burn following the European bailout of Greece, comparing the situation to that of Lehman Brothers following the rescue of Bear Stearns in 2008. more

1 comments:

Simon 12 May 2010 at 02:45  

If Uk the does get into trouble (which I doubt will happen) then the Euro zone will provide a bit of cash as most of the rich countries have to interact with the GBP somehow anyway, via banks or export markets so the UK is pretty safe.
If the Eurozone refuses, USA will come to the rescue. GBP is too big to fail!

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