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Old 10-01-2008, 11:09 AM   #11
Artycarl
Avalon Senior Member
 
Join Date: Sep 2008
Location: Kent, UK
Posts: 40
Default Re: * urgent*update newsflash for uk people

I would disagree with the statement in the audio that the UK's sub prime mortgage exposure was worse than that in the US.

There is a global meltdown happening but the UK is better placed than many countries due to its sounder fiscal policy.
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