Thursday, February 18, 2010

UK PLC is broke !!

The government spent Stg4.3bn more than it's income for January, which was a shock as it was expected to be Stg1bn surplus. Let's see how Mr Dictator Brown will get out of this bag.

We are as bad as Greece and Sterling should be below 1.00 against the Euro.

As I said before expect the so called ' out of credit crunch' to be amended to back in it again for last quarter.

Just apply logic and Common Sense and you will have the correct view of UK PLC!!

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