“UK is not in Greece’s situation but not far enough for comfort” – expert
Published: 29 April, 2010, 22:11
Edited: 01 May, 2010, 21:34
A day after Britain's Prime Minister called a voter a bigot, the candidates of the three biggest parties will clash in the last TV debate before polling day. The focus will be on the economy.
The problem of the U.K. is inflation which is twice as high as in the Eurozone, so the BoE will have to raise interest rates while the ECB keeps them unchanged. Apart from a very high budget deficit surpassing 11% of GDP.
The United States will not be far behind the UK and Greece, if, congress continues to spend US taxpayer money like drunkin sailors on shore leave.










This is fine and well for Britain to keep its nukes so that it can keep it seat in the UNSC. What is not Ok is the UK to turn around and ask Germany to bail out Greece, and perhaps the UK itself in few months. Also, if the UK want to keep its nukes, it cannot attack other nations for wanting to acquire their own nukes.