http://ftalphaville.ft.com/blog/2011/06/03/584326/the-great-uk-debt-reveal/
Their central contention — the UK’s recently-acquired reputation as a safe haven is totally bonkers. The Office for Budget Responsibility‘s GDP growth forecasts are way too optimistic and, most intriguingly, the amount of UK government debt is arguably larger than it appears. Very peripheral eurozone, right?
Their central contention — the UK’s recently-acquired reputation as a safe haven is totally bonkers. The Office for Budget Responsibility‘s GDP growth forecasts are way too optimistic and, most intriguingly, the amount of UK government debt is arguably larger than it appears. Very peripheral eurozone, right?
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