The dollar, not high oil prices, is the real problem with the U.S. economy

http://tinyurl.com/6fay9l



UK: Economy at 60-year low. And it will get worse

In a candid interview in today's Guardian Weekend magazine, Darling warns that the economic times faced by Britain and the rest of the world "are arguably the worst they've been in 60 years". To deepen the sense of gloom, he adds: "And I think it's going to be more profound and long-lasting than people thought."

http://www.guardian.co.uk/politics/2008/aug/30/economy.alistairdarling


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