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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (51158)	1/24/2006 1:39:42 PM
From: philv	Read Replies (1) of 110194

Watching CNBS, their references to "Socialist Europe" with all the appropriate sneers and facial expressions on Squawk Box, while referring glowingly to "capitalist" Britain is almost enough to make one puke at times. Maybe it was more a political statement than reality? I wonder how much advantage Britain has enjoyed the last 20 years due to the north sea oil, which incidentally is declining precipitously now, and from what I have read, Britain will begin importing oil on an increasing basis from now on. So I agree with your comparison with UK.

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