Friday, Mar 08, 2013

The whispers are getting louder

Telegraph: Euro Group head says UK at risk of 'sterling crisis'

The pound’s recent slide could be the start of “a new sterling crisis” sparked by concerns about the state of the public finances, according to the Euro Group’s new president.

Posted by dill @ 04:21 AM (1386 views)
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1 Comment

1. vinrouge said...

Funny how DT readers shoot the messenger. They are so anti-Europe they cannot see the real problem with unemployment and debt is caused by the low-wage, poor working conditions competition from China the far east and third world. - oh and the bankers.

At least if you buy UK or EU produced stuff the money stays in the region, and the workers get reasonable wages and working conditions.

To compete in the world market such luxuries will not be allowed.

Friday, March 8, 2013 06:51AM Report Comment

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