UK is bankrupt, economic depression soon
seekingalpha.com marketoracle.co.uk x-rates.com europe.theoildrum.com The GDP is an indication of how strong a countries economy is to the rest of the world, the UK’s GDP crashd 30% to the Dollar, 38% to the Yen and 14% to the euro within the last 5 months of 2008. The UK is very very close to becomeing bankrupt unless we can increase the value of the pound which would take a miracle like finding an oil well in the north sea and there’s not much chance of that happening. Will we be in a full blown depression come mid 2009 which could last for up to 10 maybe 20 years? all the figures seem to indicate YES!