Guardian: Reports that UK Government borrowing hit its highest for August at 15.9 Billion pounds. Folks only yesterday the IMF forecasted that the UK would economy would only grow at 1.1% down from 1.5%. The Eurozone crisis could lead to the Banks needing another bailout, if France and German Banks need bailouts this will place the debt on the taxpayers of France and Germany. Thus it can be argued that economic growth will be mild to zero within the EU, due to the need for tough austerity packages, the good days are over folks, get used to being cold.
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