-
If the eurozone implodes, Britain will go with it
Britain’s economy may already have dipped back into recession, but thanks to developments in Italy over the past few days, the chances of it being pushed into something very much worse have got a whole lot bigger. As was always predictable, getting rid of Silvio Berlusconi hasn’t helped matters one jot – yields on 10-year Italian bonds soared past 7 per cent yesterday. This was the level that forced Greece, Ireland and Portugal to seek support from European and IMF bail-out funds, and there is no reason to believe Italy is any more capable of weathering the storm. Economic contraction, reinforced by repeated ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 9, 2011 11:01pm Nov 9, 2011 11:01pm
- Aaryan
- | Joined Aug 2010 | Status: Member | 138 Comments
- Comment #2
- Quote
- Nov 9, 2011 11:45pm Nov 9, 2011 11:45pm
- Incrediblle
- | Membership Revoked | Joined Mar 2011 | 45 Comments
Trade responsiblypatience is the key/Swing trader
- Comment #3
- Quote
- Nov 10, 2011 2:44am Nov 10, 2011 2:44am
- bagonza
- | Joined Oct 2011 | Status: Member | 11 Comments
- Comment #4
- Quote
- Nov 10, 2011 3:56am Nov 10, 2011 3:56am
- nAVIN2007
- Joined Dec 2007 | Status: mac daddy junior :) | 389 Comments