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Posts Tagged ‘ British sterling ’

Great Britain – The “Rust Belt” of Global Finance

Jan 23rd, 2009 | By Martin Hutchinson | Category: Financial News

Think about Michigan or about Ohio’s Mahoning Valley in the 1980s. Both were famous for industries that were world leaders in their time. Yet, once those industries decayed, large parts of both areas became wastelands of home foreclosures, crime and alcoholism.

Tags: Automobile Industry, British Economy, British sterling, Foreign Banks, home foreclosures, LEHMQ, Martin Hutchinson
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