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Economic Research

Is the UK an Iceland 2? No, but There Are Serious Financing Risks Ahead. Also: BBC News TV and Radio Interviews.

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I am in London for a few days and I was recently interviewed by BBC News TV and Radio about the state of the U.S., U.K. and global economy (links to these interviews are below in this piece). While in London I was repeatedly asked by media and financial sector folks whether the UK was an Iceland 2, i.e. whether it would end up having an insolvent government and country. The statements this week the by famed investor Jim Rogers - that the UK was essentially kaput and that investors should dump UK assets and the pound[...]

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