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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pogohere who wrote (50259)5/21/2009 2:16:05 AM
From: elmatador  Respond to of 219779
 
tax receipts dropped 44% and corporate tax revenue plunged 65% compared to April 2008

Message 25659325



To: pogohere who wrote (50259)5/21/2009 12:30:19 PM
From: pogohere  Respond to of 219779
 
S&P move triggers FTSE slide

By Michael Hunter, Varun Sarna and Neil Dennis

Published: May 21 2009 08:33

London equities remained sharply lower on Thursday, after credit ratings agency S&P cut its outlook on the UK to “negative” from “stable” while a weaker Wall Street added to the gloom.

ft.com



To: pogohere who wrote (50259)2/7/2010 7:12:41 AM
From: elmatador  Read Replies (1) | Respond to of 219779
 
"I am persuaded that the UK is the next significant IMF beggar"
No, as long as there are PIGs as distractions.

Stimulus must stop. First it did not stimulated anything in the real economy.

Second increased sovereign debt.

Third Provioded ways for governments not to attack the root causes.

G7 hs just me expect them to say they will stop stimulating.


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