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Scoop from TraderWise
2

Europe's Second Largest Bank Warns on UK Debt Crisis

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Any stories like the one below are almost laughable in the current belief system of "everything is too big to fail, and anything on Earth can be bailed out so just buy stocks".  But just keeping it in front of you - one day this sort of fundamental issue will matter again.  I will keep pushing out the United Kingdon ahead of Japan as the potential "big one" that hits first, since Japan's debt is mostly financed by their own population (who has a high savings rate).  So in theory their situation could go on a very long time since they require very little from foreigners to k

 
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