$Colombia and Latin America - OT: U.K. turning into a submerging market - $Colombia and Latin America - InvestorVillage


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Msg  15166 of 15370  at  9/26/2022 10:23:52 AM  by

The Red


OT: U.K. turning into a submerging market

 
Are you watching the UK implode?  Wow! 
 
American economist Larry Summers came  up with a great phrase to describe the process:
 
“It makes me very sorry to say, but I think the U.K. is behaving a bit like an emerging market turning itself into a submerging market."
 
Anybody care to guess how long PM Truss and chancellor Kwasi Kwarteng will last?   I cannot imagine any other situation than the economic elites in the U.K. being absolutely furious.  
 
 


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