15 August 2008

american economy > british economy


The gritty details as told by the UK Telegraph,
"The value of £1 fell 0.6 per cent to $1.86 and has now fallen from $2 in just the last two weeks. The eleven-day run of losses is the longest stretch of falls for at least 37 years, according to analysts."
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Are the Brits joining us in the ranks of reccession? Welcome friends.
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Photo: NY MAG

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