Monday, Nov 17, 2008
Good explanation of some of the Sterling risks from Crash Gordon's 'just keep borrowing' policy
Could the UK face a sterling crisis, or are we in one already?: FT Blog
"a triple financial crisis: a combined banking crisis, sovereign debt crisis and sterling crisis"
Posted by doom&gloom @ 03:00 PM (554 views) Add Comment
3 Comments
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1. 51ck-6-51x said...
Good post, thanks D&G (heh - a designer user name!). No one ever seems to comment much on in depth analysis or fundamental information.
2. planning4acrash said...
The devaluation of Sterling in the 1970's was 15%. They've learned their lesson and, instead of long term manipulation and sharp downturn, they go for the Fabian school (Blair is a Fabian), i.e. incremental destruction, frog slowly boiled syndrome, and went for 25% devaluation over a year period. And main stream, only now, after the big boys got in short positions and pulled assets, we are allowed to know, HELLO, that there is a Sterling crisis. As said before, Oswell is a globalist who goes to Bildeburg, so, no, he is not acting in our interests, only says truth after its too late to constructively oppose the government. So now, we are given another reason to vote the other buggers out.
3. alan said...
Did I spot the suggestion that we announce a plan to join the Euro?
I think the Euro has enough problems of its own!
Just seen Crash Gordon on telly - what a lot of rubbish!