Britain Worse Off Than America Economically - They Wish That They Had Our Problems - Glenn Beck

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Britain Worse Off Than America Economically - They Wish That They Had Our Problems - Glenn Beck

2.8 per cent and 0.2 per cent to minus 3.8 per cent and minus 0.2 per cent respectively. The UK seems to be suffering from a peculiarly nasty cocktail of factors. First is the size and weakness of the UK's banking system and a previous reliance on financial services. The credit crunch has thus restricted lending and seen more bank failures here than in some other nations. Second, and partially as a result of that, the UK's property boom has turned to bust more dramatically than in many ...