Friday, July 11, 2008

UK the financial "black sheep"

The UK now has the worst fiscal profile of any developed country in the North Atlantic sphere.

Daily Telegraph (htp: Mish)

5 comments:

dearieme said...

At least we are not encumbered by what Mr Mish calls a "Strong Fannie Policy".

CityUnslicker said...

It is not good is it. I have posted more thoughts here and would welcome your response.

It seems like a long, dark tunnel

SACKERSON said...

Hi, CU, and thanks for the invitation. Have posted a rant on yours and copied it to my own.

Tunnels do have exits at both ends, at least railway ones do.

sobers said...

Unfortunately mineshafts have one entrance................and all railway lines hit the buffers eventually too.

SACKERSON said...

... like this one, Sobers?:

http://james.lab6.com/2006/10/29/the-trainwreck-industry