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    My response was direct from me Chris, if I was to quote someone else I have always credited it.

    Brian - The reason we are doing so much worse than all the rest is down entirely to Gordon Brown's mismanagement of our finances. His excessive borrowing etc, etc etc. I have covered his many misjudgments repeatedly. Then of course we have the recent emergency budget that is seriously misfiring already. Darling has already said his measures will not work!!! The VAT reduction will barely have an impact, his tax rises just as the economy starts to recover threatens a double dip. The Gilt market, where Brown is having to raise his extra dosh, is demanding a bigger premium and based on that HMG is considered a biggest default risk than Unilever!

    As for the Eurozone, they are all having to work within parameters laid down by the EU, with interest rate policy being set by Frankfurt for all Eurozone members. That means rates do not meet the needs of all Euro members and that is one reason the Euro is threatened with collapse.

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