More on the question of whether or not Britain is about to go bankrupt.
Some of the figures that have been quoted in the press look frightening. Britain’s banks are huge. For example, RBS, the bank that the taxpayer now pretty much owns, has a balance sheet larger than the UK’s anual GDP. Add in all [...]
Read the complete post at http://flipchartfairytales.wordpress.com/2009/01/27/bank-debt-will-be-no-more-than-120-bn-says-goldman-economist/
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27 Jan 2009 11:07 AM
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Flip Chart Fairy Tales
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