26.01.2009 - Britain is not Iceland. Is EU the next Japan?
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