Friday, Sep 18, 2009
Full-blown
Daily mail: Britain 'facing immediate risk of full-blown financial crisis'
Britain faces a 'clear and present danger' of a full-blown fiscal crisis, a City report warned yesterday.
Analysts at investment bank Nomura cautioned that the public finances are 'plunging deeply into the red in a spectacular and frightening way', leaving the UK far more vulnerable than the United States.
Posted by mark @ 09:02 AM (691 views) Add Comment
4 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. cynicalsoothsayer said...
Just print more money to cover the shortfall.
2. bystander said...
Anyone think Nomura have a vested interest in shorting sterling?? Which is exactly what they are doing with releases like this.
3. icarus said...
There is no evidence in the article to justify the headline.
4. japanese uncle said...
Is it a news?
Except for those poor folks not lucky enough to have access to this website.