Can/will do. I actually read quite a bit on the UK. They’re extra screwed if there’s a big second leg down. Over the 2001-2007 time frame, their economy became focused on the financial sector. For a few years during that period, every other sector in their economy shrank. Imagine, all of a country’s economic growth was due to a single industry while everything else was slowly dying just beneath the surface. Absent a(nother) failed gilt auction or follow-up banking crisis, they’ll probably muddle through better than most.
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