500N - I just encapsulated those fiscally broken nations into the Euro Zone banner. Note that Moody's has tonight downgraded Irish debt to 'Junk' status. Eekk. The issue is that good old Blighty is well exposed to Irish and Italian problems due to the amount of money we have lent them. Sadly, I fear things are going to get a tad worse before they get better. But of course they won't tell you that. Banks need 'dumb' money to offload their crappy positions into! Failing that the tax payer will no doubt be asked to dip his hand into his threadbare pockets to bail out the largesse and excesses of the privileged once more!
