2Mar Tue2010 | Britain: in trouble. Official
This is Athens
Economically: in deep trouble. But it is at least sunny.
This is Bristol
Same "classic" greek/roman columns. And,
according to the NYT, not that different from Greece
economically
We aren't part of the Euro zone, so can play exchange rate
games, but if you look at the UK:US exchange rate, our currency is
being pretty heavily discounted. There's some debate that this is
due to election plans/uncertainty, but its moot: whoever gets in
inherits a mess. Either its the friends of the bankers, or its the
same group of people who were meant to overseeing them. Either way,
their hands are dirty, and we, the population, get to experience
the real pain.
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