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From the zenith of a parabola.
View from the City: Max King of broker Eden Group explains why the credit crunch will spark a 25% fall in sterling, impact on the UK’s inflated property market and will eventually lead to economic bust or at best, at long spell of stagnation…
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Chancellor does the Hokey Cokey
He puts his left leg in, his left leg out, does the Hokey Cokey and completely U-turns on his FSCS savings guarantee.
“We’ll offer protection on the first £100,000″
“That’s a bit of a fucking liability isn’t it Alistair?”
“We’ve got no choice, they’re losing faith in the banks, it could go down like a house of cards [...]
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