Mega Posted August 9, 2009 Share Posted August 9, 2009 http://www.telegraph.co.uk/finance/newsbys...1-trillion.html Mike Quote Link to comment Share on other sites More sharing options...
Mega Posted August 9, 2009 Author Share Posted August 9, 2009 "The IMF figures also show that Britain has been the biggest of all the spenders on emergency measures to support its financial sector, with its total bill for the clean-up amounting to 81.8pc of its gross domestic product − equivalent to £1,227bn. Britain's record bill is also unique in that it has also already spent much of it already, with 20pc of GDP having already supported struggling institutions. " Mike Quote Link to comment Share on other sites More sharing options...
Mega Posted August 9, 2009 Author Share Posted August 9, 2009 Why do i think this will end in a smoking hole? Mike Quote Link to comment Share on other sites More sharing options...
Mega Posted August 9, 2009 Author Share Posted August 9, 2009 Also:- http://business.timesonline.co.uk/tol/busi...icle6788548.ece Mike Quote Link to comment Share on other sites More sharing options...
@contradevian Posted August 9, 2009 Share Posted August 9, 2009 Why do i think this will end in a smoking hole?Mike If "smoking holes are" offshore trusts and bank accounts waiting to snap up assets then yes. Quote Link to comment Share on other sites More sharing options...
libspero Posted August 9, 2009 Share Posted August 9, 2009 Why do i think this will end in a smoking hole?Mike I thought smoking holes were outlawed in the summer of '07.. It'll have to be a non-smoking hole Quote Link to comment Share on other sites More sharing options...
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