The Debts of the Spenders: British Austerity Package - 300k Jobs to Be Cut

There was a time when the British Pound was considered a flight to safety "haven" trade. With measures such as these, perhaps it may regain that status once again. Will Greece have the courage to take such measures? Recent evidence shows that it alas does not.


http://www.timesonline.co.uk/tol/news/politics/article7134040.ece