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Cable (FXB) dives as U.K. Treasury Chancellor Osborne slashes the government forecast for 2013...

Cable (FXB) dives as U.K. Treasury Chancellor Osborne slashes the government forecast for 2013 GDP growth to 0.6% from 1.2% made just 3 months ago. With fiscal tightening still in force, Osborne says the government will go further on monetary activism.
Comments (2)
  • css1971
    , contributor
    Comments (870) | Send Message
     
    Bullish!
    20 Mar 2013, 09:38 AM Reply Like
  • mickmars
    , contributor
    Comments (1323) | Send Message
     
    Wait, all the MMT guys say there are no problems in a country that can print its own money.

     

    Webster's definition of stagflation will soon cite the U.K. as a perfect example.
    20 Mar 2013, 10:28 AM Reply Like
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