Tuesday, Jan 22, 2008
Britain down the swanny!
MSN Money: UK Recession A Certainty
No debate
The UK is definitely heading for a recession. In fact, even if the US had the healthiest economy on the planet, the UK would still be recession-bound. Our consumers are in more debt than their American counterparts. Our houses are more over-valued. We are even more dependent on a small niche area of the economy - the City of London - than Americans are. So we have even further to fall.
Cripes! Methinks we are going to see alot more of this type of article in the coming months!
Posted by crashhorizon @ 08:41 PM (186 views) Add Comment
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