Stacy Summary: Ooooooh boy. And by the way, there is a downgrade warning in the article just for you @Mike/Liverpool.
Fitch warns UK and questions Greek rescue as sovereign risk grows
“The first year is fiscally the easiest. Next year they have to cut another 3pc of GDP, and the following year a further 3pc,” said Chris [...]
Stacy Summary: I wonder if these two headlines have anything to do with each other? And I wonder who BAE had to bribe to get this contract? Oh yeah, they are one of those too big to fail, too big to investigate firms. Sorry, won’t ask that about them again.
UK terror [...]
Tags: bae · bandar · blair · spy drones · UK
Stacy Summary: @Mike/Liverpool – – I think you should start writing to Morgan Stanley now and asking about that Thing of Beauty!
Morgan Stanley: UK faces sovereign debt crisis in 2010
Tags: capital flight · morgan stanley · sovereign debt crisis · UK
Stacy Summary: Seriously, are any of you surprised? And, @Mike/Liverpool . . . are you happy??
Shock for Alistair Darling as shockingly UK still in recession
Shock economic figures today stunned the City by revealing that Britain is wallowing in its longest recession since records began.
Sterling tumbles on shock GDP data
Stacy Summary: Good morning. Here are some headlines that caught my eye first thing. Time now to go read through those 200+ comments.
Geithner defends bailout in townhall meeting
European Commission sees debt crisis in UK future
Tags: bailouts · debt crisis · geithner · UK
Stacy Summary: The disbelieving Ponzi victims remind me of nearly the entire populations of much of the Western world that Ambrose says await an Irish fiscal fate. What are you thinking or reading about today?
Recession forces a million Brits to work part time
An Irish like fiscal disaster awaits the Western world
Victims of UK ponzi [...]
Stacy Summary: Wonder if Tesco still interested in buying the Northern Rock turkey? The other thing about these headlines is that the state of the UK economy and infrastructure are in a bigger state of disaster than the US and most of my friends in UK have far more debt and lower income than my [...]
Tags: northern rock · student loans · UK
Stacy Summary: The British economy turns Norman Bates-like as taxpayer owned banks start harrassing the taxpayer with threatening phone calls.
Lloyd’s bank staff intimidating debtors with threatening phone calls
Tax-payer supported banks, RBS & Lloyds, report huge pension deficits that taxpayers will have to plug
Tens of thousands of US homes built with toxic Chinese dry-wall
Are you [...]
Tags: bank margins · black swan · chinese drywall · debtors · lloyds · mortgage · pensions · UK
Stacy Summary: The US government and its latest imperial presidency are not ready to stop transferring wealth from the population to the bankers and are doing everything in their power to stop the people from knowing that it is happening. And it looks like once they are done looting us, they are planning [...]
Tags: devalue dollar · fictitious capital · friends of geithner · g20 communique · geithner plan · global currency · imf bailout · imf loans · keating five · larry summers · obama administration · point 19 · sdr · sgd · singapore · special drawing rights · tarp · thomas jefferson · UK · US
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