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Britain is not Iceland. Is EU the next Japan?

Posted on 26 January 2009

From Times Online: What went wrong? The past few days should have been positive for the economy and the banking system but we were plunged into a mini-crisis.

I think I know. It is easy for pundits and opposition politicians to criticise but this is difficult stuff. Governments love precedent but there was not one here for, first, a rescue of the banking system and then measures to get damaged banks lending again….. Full Article: Source


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VRS - who has written 37533 posts on Opalesque Commodities Briefing.


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