Tuesday, July 13, 2010

UK debt is 'twice as much as we thought'

The machine is not focused on the EU, but now on the problems of the pound.

Jim

The true scale of the national debt is £2 trillion - more than twice the official figure, an alarming study shows.


A few weeks ago, headlines suggested that everything was under control in Britain. While austerity was paraded in front of the cameras, it was quietly faded by connected money. Today we see that it's worse than we thought as the money continues to reposition. Visions of a caged hamster running on a wheel should be coming to mind when thinking in terms of respect for the retail investor by the spinsters.


Follow the money not the machine.

British Pound and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:


Source: thisismoney.co.uk

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