By the end of 2008 the deficit it will be 37.9% of GDP
Originally posted by Exalt
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The UK was literally months if not weeks from a conditional surrender untill the US got involved and helped prop our nation up with billions of dollers of loans (albiet you guys in USA made a killing on those loans we only paid them back in the 1990s) Our country was cripped economically in the long term, the damage is still being repaired now, and we are no longer an empire, nor have the influence or power we had before. Its very telling that Germany and France recovered better and has had the stronger economy after the war, they were far less damanged by it.
Most of Europe is run by pussies now (as back then), too scared there oil or gas might get cut off by russia to do anything. What alot of people in Europe don't seem to understand it is in Russia culture to respect Strength. If you don't show strength to Russia they will not respect you and they will trample all over you.
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