Britain Grapples With Debt of Greek Proportions - NYTimes.com
"As Greece’s debt troubles batter the euro, Britain has done its utmost to stay above the fray.
The pound fell to $1.4954 on Tuesday, its lowest level against the dollar in months.
Until now, that is.
Suddenly, investors are asking if Britain may soon face its own sovereign debt crisis if the government fails to slash its growing budget deficits quickly enough to escape the contagious fears of financial markets."
This is a worldwide disaster and the worst is yet to come.
Prepare!
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