{"id":326149,"date":"2010-02-16T05:51:43","date_gmt":"2010-02-16T10:51:43","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-greek-crisis-is-a-dress-rehearsal-for-a-major-speculative-attack-on-the-uk-2010-2"},"modified":"2010-02-16T05:51:43","modified_gmt":"2010-02-16T10:51:43","slug":"the-greek-crisis-is-a-dress-rehearsal-for-a-major-speculative-attack-on-the-uk","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/326149","title":{"rendered":"The Greek Crisis Is A Dress Rehearsal For A Major Speculative Attack On The UK"},"content":{"rendered":"

From The Telegraph<\/a>:<\/p>\n

Eurosceptics should resist any Schadenfreude over the unfolding EMU drama in Greece. (Not to mention the huge exposure of British banks to Club Med). The Greek crisis is a dress rehearsal for attacks on any sovereign state with public accounts in disarray.<\/p>\n

While Britain went in to this crisis with a much lower public debt than Greece or Italy (though higher total debt than either), it now has the highest budget deficit in the OECD rich club — and perhaps the world — at 13pc of GDP.<\/p>\n

I have a very nasty feeling that markets are about to pounce on Britain. All they are waiting for is a trigger, perhaps a poll prediction of a hung-Parliament or further hints that Tories dare not confront the beneficiaries of state spending.<\/p>\n

Read the whole story at The Telegraph ><\/a><\/p>\n

Join the conversation about this story »<\/a><\/p>\n

See Also:<\/b><\/p>\n