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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (61350)2/19/2010 2:07:45 PM
From: elmatador   of 217571
 
OECD league table showing budget deficits around the world as a percentage of Gross Domestic Product (GDP). While the top two entries in the table will come as no surprise, Iceland at 15.7% and Greece at 12.7% it is the position of the UK (third place) at 12.6% which has laid bare the terrible financial impact which the downturn has had on the country’s finances.

It looks even more alarming when you consider that Ireland at 12.2%, Spain at 9.6% and Portugal at 6.7% are being spoken about in the same breath as Greece which is on the verge of economic collapse.

financialadvice.co.uk
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