As the brinkmanship in Washington continues the UK is beginning to wake up to the fact that the biggest crisis of all is now in the making and may, or may not, be averted. It is this blog’s view that so much money is owed by so many to each other that sooner or later there will have to be a general default and a fresh start for the Western economies.
This is how it works. Britain, like other countries, buys foreign debt. The total owed to us by the US is $350 billion. The total owed to us by the troubled Euro Zone economies of Greece, Ireland, Spain, Portugal and Italy put together is $418 billion. In other words the UK has an investment of $768 billion collectively in these troubled economies. If this starts to go bad and we start to be hit by losses, at some point we will have to adjust what we can pay to others on money we owe them. And so on it goes, because everyone is on the merry-go-round and when it starts to spin, all spin together.
The alternative if that the western economies struggle on, weighed down by debt, unable properly to grow, with their populations becoming increasingly restive as they peer into an opaque future from ever lengthening dole queues. The situation is made more dangerous because neither the Euro Zone nor the U.S. has any kind of coherent plan to bring its house into order. It must be said that the Euro governments have woken up at last to the deficiencies in their currency’s structure and they are beginning at least to work on it. In America there is no plan from either side that goes anywhere near resolving long term structural issues. It may be that, as in the credit crunch, it is in the highly stressed US part of the whole system’s fragile structure, where the rivets first start to pop.
As a Newbie, I am continuously exploring online for articles that can be of assistance to me. Thank you
Hi there, I found your blog via Google while searching for a related topic, your site came up, it looks great. I have bookmarked it in my google bookmarks.
It had been some time since I visited web site <a href=”http://gynexinscam.com/what-is-gynexin-and-can-it-reduce-moobs”>is gynexin a scam with such quality information. Thansk quite a bit for the helpful information
My brother recommended I might like this blog. He was entirely right. This post actually made my day. You cann’t imagine simply how much time I had spent for this information! Thanks!
excellent post, thanks – been searching for this forever
Hi there, just became alert to your blog through Google, and found that it’s truly informative. I am going to watch out for brussels. I will appreciate if you continue this in future. Lots of people will be benefited from your writing. Cheers!
The Zune concentrates on being a Portable Media Player. Not a web browser. Not a game machine. Maybe in the future it’ll do even better in those areas, but for now it’s a fantastic way to organize and listen to your music and videos, and is without peer in that regard. The iPod’s strengths are its web browsing and apps. If those sound more compelling, perhaps it is your best choice.
WONDERFUL Post.thanks for share..more wait .. …
Excellent read, I just passed this onto a colleague who was doing some research on that. And he actually bought me lunch as I found it for him smile Thus let me rephrase that: Thank you for lunch!
I just could not depart your site before suggesting that I really loved the standard info a person supply for your guests? Is going to be again incessantly in order to check up on new posts.
Here is a link for you on my site http://www.debtadvice123.info/?page_id=17 ,I don’t commonly comment but I gotta tell thankyou for the post on this amazing one : D.
wonderful site, very interesting. I like it very much. I come acoss this writing by google search engine. I may visit your site often and share it. Please keep it updated. Keep on the good work
tGniKC I notice that when I specifically invite comments that people leave them in higher numbers than when I don�t.
I would wish to thank you for that efforts you have produced in writing this write-up. I am hoping the exact same ideal get the job done from you in the long term as well. Actually your creative writing skills has inspired me to begin my personal BlogEngine blog now.
I really like what you tend to be up too. This kind of clever work along with Sovereign Debt Crisis Malcolm Blair Robinson exposure! Keep up this very good stuff everyone I have incorporated you guys into my personal reader BTW my best prayers to those close by Japan hopefully you are healthy along with secure too !… Thx ! Regards Flash Websites
I agree along, that natural foods are the most effective nutrient reference.Can you advise the easy way to stop cooked food temptation?
are a few things i need couldn’t stop ideas . an outstanding job you have. http://provillusformenreview.net/provillus-for-men-review
Undeniably believe that which you saidYour favorite justification appeared to be on the internet the easiest thing to be aware ofI say to you, I definitely get irked while people consider worries that they plainly don’t know aboutYou managed to hit the nail upon the top and also defined out the whole thing without having side effect , people can take a signalWill probably be back to get moreThanks Also, if you’re ever in need of carpet cleaning, check us out: Ultra Carpet & Tile Cleaning, 424 East Central Boulevard, Orlando, FL 32801 – (407) 910-1318
Hey There. I found your blog using msn. This is a very well written article. I’ll be sure to bookmark it and return to read more of your useful info. Thanks for the post. I’ll certainly return.
Thanks for the blog loaded with so many information. Stopping by your blog helped me to get what I was looking for. I found your site in yahoo. And I will be back next time, thank you.
Intriguing article. I realize I’m slightly late in posting my comment though the article would have been to the actual and the data I used to be in search
I think other web site proprietors should take this website as an model, very clean and excellent user genial style and design, as well as the content. You are an expert in this topic!
I loved as much as you’ll receive carried out right hereThe sketch is tasteful, your authored material stylishnonetheless, you command get got an shakiness over that you wish be delivering the followingunwell unquestionably come further formerly again as exactly the same nearly very often inside case you shield this increase. Also, if you’re ever in need of carpet cleaning, check us out: Captain Fantastic Carpet Cleaning of Philadelphia, 1735 Market Street, Philadelphia, PA 19103 – (215) 995-1188
you are truly a excellent webmaster. The web site loading pace is amazing. It kind of feels that you’re doing any unique trick. Also, The contents are masterwork. you’ve performed a magnificent activity on this matter!
Simply wanna remark that you have a very nice web site , I like the layout it really stands out.
I do accept as true with all the ideas you have offered to your post. They are really convincing and can certainly work. Still, the posts are very short for novices. May just you please prolong them a little from subsequent time? Thanks for the post.
It’s rare for me to find something on the internet that is as entertaining and intriguing as what you’ve got here. Your page is lovely, your graphics are great, and what’s more, you use reference that are relevant to what you’re talking about. You are definitely one in a million, great job!
I want to thnx for the efforts you have put in writing this blog. I am hoping the same top-grade blog post from you in the upcoming as well. In fact your creative writing skill has inspired me to get my own blog now. Really the blogging is spreading its wings rapidly. Your write up is a good example of it.
I went over this internet site and I conceive you have a lot of great info, saved to favorites (:.
Rattling great info can be found on weblog . “The absence of flaw in beauty is itself a flaw.” by Havelock Ellis.
I like this post, enjoyed this one thank you for posting. “I would sooner fail than not be among the greatest.” by John Keats.
Very interesting information!Perfect just what I was searching for! “If you bungle raising your children, I don’t think whatever else you do matters.” by Jacqueline Lee Bouvier Kennedy Onassis.
Wow, superb blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your website is fantastic, let alone the content!
How do you make a site look this cool. Email me if you want and share your wisdom. !
Great blog!! You should start many more. I love all the info provided. I will stay tuned 🙂
I dugg some of you post as I thought they were extremely helpful very helpful
Pretty beneficial post. I just stumbled upon your blog and wanted to say that I have quite enjoyed reading your blog posts. Any way I am going to be subscribing for ones feed and I hope you post once more soon.
You actually make it appear so easy with your presentation however I to find this matter to be really something which I feel I would by no means understand. It seems too complicated and extremely huge for me. I’m looking forward on your subsequent publish, I’ll try to get the cling of it!
This information really helped me, I am sharing with a few friends.
We’re a housewife possessing skill around typing in addition to preliminary knoledge inside internet.It is really possiblt to gain working from home?
This post brought up lots of intriguing factors about HHO hydrogen generation devices i haven\t believed concerning. I\m looking ahead for you to reading a lot more of one’s internet site in the potential.
I’m impressed, I need to say. Really not often do I encounter a blog that’s each educative and entertaining, and let me inform you, you have got hit the nail on the head. Your concept is outstanding; the difficulty is one thing that not sufficient people are speaking intelligently about. I’m very blissful that I stumbled throughout this in my seek for something regarding this.
Hey very nice blog!!. Thank you for posting this, It’s just what I was browsing on bing. I’d very much rather hear opinions from an individual, rather than a corporate web page, that’s why I like blogs so much. Thanks! outstanding fantastic.
Important information! I have been hunting for something like this for quite a while now. Appreciate it!
I just bookmarked this and i also pray my friends enjoy.
I just book marked this and so i pray my pals enjoy it.
Just saved this and i also trust my pals enjoy.
I just now added this and I pray my friends enjoy.
I’d have to examine with you here. Which is not one thing I usually do! I take pleasure in reading a post that may make folks think. Additionally, thanks for permitting me to comment!
Attention Website Owner! I really like your blog, I found you on Google so I thought I’d share this tip with you. There is a WordPress add-on for SEO that does automatic Search optimization for your website, automatic SEO add-ons like this one are new in the online blogging scene so jumping on this now would give your blog a big traffic spike guaranteed. If you’re serious about making your blog get bigger and make money then check it out by clicking my name.