You know what they say...... when the US economy sneezes the rest of the world catches a cold.
Start preparing now. The over-indebted UK will be hit hard IMO ......
"..... We wish it wasn't so, and we wish we didn't have to say it. But today's economy is on a collision course with a recession. And the most probable starting point is the fourth quarter of this year or early
Too bad fo ryour lies that the US is not even having a runny nose.
USA are a highly flexible country as longs as the baby boomer christian fundamentalists do not control it, but Britain is in trouble regardless of what happens to USA.
Take yer blinkers off yankee-doodle-dickweed. The debt-ridden US economy is heading for the rocks and your dollars are going to be sinking fast .......
Into the frying pan or the fire - which way should the Fed jump?
===================== Good, that makes foreign goods more expensive to buy , so the Us trade defecit will fall as americans stop buying so much foreign s*it .
That's not bad for a yank. You're not as daft as I thought AL ;-)
Still gonna get a recession though.
I'll be impressed if they quit buying oil.
FoFP
P.S: Yes I know it's currently priced in Dollars. The interesting word there is "currently"
======================= I'll be impressed when Demonrats stop blocking new il drilling in the US to drop our foreign oil dependence.
You'll be too busy rebuilding New Orleans every couple of years to be worrying about drilling for oil.
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