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2010-07-30
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2010-07-29
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2010-07-28
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The Steep Decline Of The British Economy
2009-02-24 02:06:22 (75 weeks ago)
Posted By: Intellpuke
(Read 988 times || 0 comments)

As the global economic crisis takes hold, hardly any other country has seen its fortunes wane as brutally as the United Kingdom. Once a model economy, the country has been overcome by a deep sense of uncertainty.

It is a gloomy February in Great Britain, yet another month in which the economy is shrinking and the pound is faltering, and yet another month of record growth in unemployment.

It is a month that has seen Ed Balls, the Secretary of State for Children, Schools and Families, refer to the current recession as the "worst in 100 years," and which has witnessed the heads of the country's largest banks appear on television to apologize to the nation for the harm they have caused.

Meanwhile, Britons are asking themselves how things could have come to this.

Ash Akhtiar, who works for an employment agency in a Birmingham suburb, says that he wants to see someone pay for all of this. David L., a banker who, fearing for his job does not wish to see his name in print, is considering buying a gun to protect his family.

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