Re: UK
December 03, 2008 at 13:24 PM EST
[Skip to the end] (email exchange) > On 12/3/08, Kevin wrote: > > Hi Warren, > > The UK deficit and debt to GDP is increasing dramatically as the government > seeks to stabilize the economy. > Yes, good move on their part. That will restore demand/output/employment. > > With the UK being a net importer of goods. > Yes. > > And sterling not benefitting from being a “reserve” or “commodity based > price” currency. > Whatever [...]