Wednesday, December 3, 2014
Wonder if the assets include inflated UK [junk] mortgages
''...it is ominous that the sterling crash in 2008-2009 has done so little to boost to exports, or drive import substitution. Five years later, Britain is running a current account deficit of 5.2pc of GDP. This is the worst of any major country in the world, and arguably the worst in Britain's modern peacetime history, despite reassuring words from the Bank of England....''