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Sterling Crisis Looms as U.K. Unraveling Points to Budget Cuts

Trading Goddess found this 6/30/2009 on bloomberg.com

June 30 (Bloomberg) -- The state of the U.K. economy fills British financial historian Niall Ferguson with foreboding. “The probability of a real sterling crisis is around one in three, and the probability of major tax hikes and cuts in public spending is roughly one in one,” the Harvard ...