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unfortunately your numbers are wrong. The government must recognise the true scale of public debt and bring in some much-needed transparency The British government often congratulates itself on its efforts to keep public finances on a stable and sustainable level. Yesterday Gordon Brown...

How quickly could the United Kingdom go bankrupt? Given the speed at which countries and companies have been brought to their knees in recent months, it is no longer hard to envision a scenario in which foreign investors become spooked by the UK's soaring debts and flee. The hot money, which...

German business confidence plummets By Ralph Atkins in Frankfurt - FT Published: November 24 2008 10:24 | Last updated: November 24 2008 10:24 German business confidence has plummeted to lows not seen since the early 1990s in the latest evidence that Europe’s industrial powerhouse has...

from a friend called Fintag.... Bad Parenting. As the credit crunch morphed into a game of blame, our socialist leaning nanny governments have seen the boundaries of their responsibility move from laissez faire, with the odd detention for bad behavior, to full blown naughty step beatings...

Old Labour, New Taxes, another reason to leave if you make more than GBP 150k: Taxes for high earners increased by more than 10% this bolchevik government is hiking taxes from 40% to 45% (46% when you include NI), let's get the fu?k out of here, the place is stinking

Sarkozy is now becoming less of a communist than Brown or Darling, the United States of Socialist Europe, USSE, here we come

as read in this week issue of The Economist... "(...)Mr Sarkozy was elected last year on a promise to get the French back to work, to allow them to earn more, to end the welfare culture and to encourage risk and reward merit. But recently the president has sounded a different note. He has...

Latest news, France posted positive growth of 0.14% last quarter!!! How convenient, France is therefore not in recession as technically defined :D the masters of spin at work, look look into my eyes, there is no recession, there is no recession, 1,2, 3 wake up, you're back now...

the UK is the next Iceland, check the Sterling, it ranks among the weakest currency for the last 3 months in line with BRL, TRL, ZAR and RUB.

Telegraph: Ken Clarke warns Britain is on the brink of 'meltdown' Mr Clarke, 68, said the British economy is headed for a "catastrophic crisis" that will be "far worse than anything that has occurred in my lifetime". "There will be a very serious recession next year," he said in an interview...

the meltdown has started Russia's central bank has raised interest rates a full percentage point to 12pc to prevent a collapse of the rouble following a day of mayhem on the Moscow markets, prompting concerns that the financial crisis may be spiralling out of control. The surprise move last...

from the Telegraph link:http://www.independent.co.uk/news/business/news/5000-jobs-axed-as-city-forecasts-3m-by-2010-1012491.html More than 5,000 job losses were announced yesterday by some of the UK's leading companies, ahead of new official figures that are expected to show the highest...

from the times link: http://business.timesonline.co.uk/tol/business/economics/article5134429.ece Sterling hit as funding fears mount over soaring government borrowing Growing concerns in global markets over how Britain will fund the surge in government borrowing triggered by the...

Iceland, Australia, UK, just a bunch of islands :p

Reuters: Brown ready to borrow to boost economy link: http://uk.reuters.com/article/businessNews/idUKTRE4AA22R20081111 direct consequence: FTSE down 3%, gilts down, sterling down all this from the man that sold our gold reserves at the lows!!! we are stuffed

Brown (after Sarkozy) now seeks a "new world order". Prime Minister Gordon Brown will call on fellow world leaders to seize the opportunity created by the current worldwide economic crisis to create a "truly global society", modelled on UK' succesful experiment. Folks with some foundations in...

an example of dodgy outlet running a ponzi scheme.... www.finanzasforex.com

the euro (and the pound) is heading for parity to the USD

from the NY Times on things to come for the UK.... REYKJAVIK, Iceland — The collapse came so fast it seemed unreal, impossible. One woman here compared it to being hit by a train. Another said she felt as if she were watching it through a window. Another said, “It feels like...

I couldn't resist, the UK could turn out to be the next Iceland. The below article was published in the Gulf News... not good news when you know Gordon and Alistair are bending over to attract Arab money. UK's spending plan unlikely to bolster economic revival...