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