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RANsquawk UK Data Preview - Industrial & Manufacturing Production - 7th August 2012

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Tue, 08/07/2012 - 05:50 | 2684023 writingsonthewall
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Here's what's coming up next folks

http://www.dailyrecord.co.uk/news/politics/danny-alexander-aaa-credit-ra...

 

The UK Government know there is a downgrade on the way - they have been softening us up with "it doesn't matter that much" - after insisting that austerity was key to 'keeping our AAA rating'

Austerity or money printing - the result is the same - downgrades for the heavily indebted.

It's time to pay the piper.

 

At least all those arguments about "austerity vs stimulus" can now end - neither will get you out of a contraction brought on the the contradictions within capitalism.

 

....but I vbet we still get morons who claim differently - these are silly and scared people who should be ignored.

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