Monday, December 3, 2007

Into the Meat Grinder!!!

Credit crunch alert over UK economy

"We believe house prices will fall 10pc next year, with the possibility of further declines into 2009. Investors should beware those stocks exposed to a sharp slowdown in housing activity." "Morgan Stanley has advised clients to step back from Britain's debt-laden and badly managed economy."

Posted by sovietuk @ 06:28 AM (570 views)
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2 thoughts on “Into the Meat Grinder!!!

  • dohousescrashinthewoods says:

    “debt-laden and badly managed economy”?! Go that man. At least someone seems to have an interest in calling it what it is!

    Gordon, Sir, one humble pie coming right up.
    Kirsty, more sauce for your hat ma’am?
    Darling, a little more poison for your chalice?

    Reply
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  • Gordon Brown the true prudent guardian of stable, long-term growth. Oh dear, oh Dear !

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