Saturday, November 1, 2008

A look at the credit crisis in the UK

As we have read on the news, the credit crunch is global and affecting countries all over the world. Here is a little news segment from BBC World showing how bad things have become in the UK. From what the Oracle has read, things in Eastern Europe are much dire than the UK. The Oracle believes that as the problems of Eastern Europe spreads, UK's situation will deteriorate even more.

Here is the BBC video. Unfortunately the people that put the video on Youtube did not allow for embedding. So here is the link.

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