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All items tagged UK economyOpen Think Tank ArticlesJuly 27, 2011 | Cutting the US Deficit: Listen to BillStewart Munn: Bill Clinton is right to use the UK economy as a warning of what can happen if deficit spending is cut too severely. If Republicans get their way in the ongoing deficit negotiations, America’s economy could be headed for a long, painful spell. US politicians should take heed. ... MoreGlobal Must Read ArticlesJanuary 23, 2009 | Nationalize the Banks, For GoodIt is a case of too little, too late for British PM Brown’s second banking-bail out. ++ The current halfway measures are a recipe for failure and “risk turning recession into slump.” ++ The solution is clear: nationalize the banks. ++ Calls for nationalization are coming from economist and CEOs alike, yet the Labour legacy leaves ministers allergic to the prospect of ... MoreNovember 19, 2008 | Britain's Black Gold Runs OutThe largely unknown British oil industry was one of the largest in the world, but is now running dry. ++ The drilling platforms off the shore of Scotland gave Prime Minister Thatcher a one-time economic boost that funded her economic policies. ++ The possibility of an independent, oil-financed Scotland has not made oil popular in the UK. ++ Production has fallen 40% since 1999, and Britain has ... MoreOctober 14, 2008 | UK: Stay Away From Joining the EuroThough the UK economy has become more “European,” one area of contrast endures: the euro. ++ UK capitalism has been discredited and the credit crunch will be a test that may prove independent currency is bad for financial stability, reviving the case for joining the euro. ++ However, disparities in production, investment, wages and yields between EU countries could unravel the entire currency. ++ ... More |
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