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

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writingsonthewall's picture

Here's what's coming up next folks



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.