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


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!

Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.

The myriad of facts, conjecture, perspectives, viewpoints, opinions, analyses, and information in the articles, stories and commentaries posted on this site range from cutting edge hard news and comment to extreme and unusual perspectives. We choose not to sweep uncomfortable material under the rug - where it can grow and fester. We choose not to censor skewed logic and uncomfortable rhetoric. These things reflect the world as it now is - for better and worse. We present multiple facts, perspectives, viewpoints, opinions, analyses, and information.

Journalism is (or used to be) the profession of gathering and presenting a broad panorama of news about the events of our times and presenting it to readers for their own consideration. We believe in the intelligence, judgment and wisdom of our readers to discern for themselves among the data which appears on this site that which is valid and worthy...or otherwise.

  © Blogger template 'Perfection' by Ourblogtemplates.com 2008

Back to TOP