The future of Sterling...
Discussion
It's a fate we share with the dollar. Yanks taxpayers are now going to support credit card companies.
People who know about these sorts of thing are getting a little nervious about the future.
"The chart above shows the cost of insuring in the credit default swap market against the U.K. government going bust is nearly triple the German rate. British Gilts are becoming the junk bonds of the G7."
source
People who know about these sorts of thing are getting a little nervious about the future.
"The chart above shows the cost of insuring in the credit default swap market against the U.K. government going bust is nearly triple the German rate. British Gilts are becoming the junk bonds of the G7."
source
Edited by Fittster on Tuesday 25th November 15:40
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