Sunday, May 31, 2009

Pound falls in value less quickly than the Dollar, Shock!

Who do you believe?

If you were to have read any British papers, at the tail end of last week, you would have thought that the recession was over and party time was here again.

Well, you can believe that if you want to, with apparently rising house prices (and all the other signs that quantitative easing has worked its inflationary magic.)

Personally, I'm going to follow The Jimster:

=> Markets set to plunge again

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