Bankrupt Britain ; Could It Happen? Yes. Would It Affect You? Oh, Yes. The Answers to the Questions Everyone Is Asking [Edition 2]
Mail on Sunday › February 10, 2009
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Summary
OR the first time in more than 30 years, the old fear is stalking us once more, the anxiety we hoped had been dumped in the skip of history along with secondary trade-union picketing, Sunday afternoon pub-closing and The Smurfs.
The name of this spectre is the fearful question - is Britain going bankrupt? More pertinently, can Britain, or any other country, ever actually become insolvent? The short answer is - yes.See the full content of this document
Extract
Bankrupt Britain ; Could It Happen? Yes. Would It Affect You? Oh, Yes. The Answers to the Questions Everyone Is Asking [Edition 2]
In recent days, sterling's slide, plus spiralling Government deficits and a stubbornly wide trade gap, have combined to raise once more the phantom of national insolvency.
US investment guru Jim Rogers did his bit to frighten us when, last week, he advised that Britain has major problems and that wise investors would drop sterling like a hot brick.We hav...See the full content of this document
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