Economies Worse Off Than Predicted Just Weeks Ago
By Anthony Faiola
Washington Post Staff Writer
Saturday, January 24, 2009
The world economy is deteriorating more quickly than leading economists predicted only weeks ago, with Britain yesterday becoming the latest nation to surprise analysts with the depth of its economic pain.
... and:
Iceland PM is first global political casualty of the crunchMy advice? Resist the impulse to send your old gold to "Cash for Gold" - you may need it for the new economy.
Prime Minister resigns after week of violent protest
By Sophie Morris in Reykjavik
The Independent
Saturday, 24 January 2009
Iceland's embattled Prime Minister Geir Haarde may have become the first political casualty of the global credit crisis, announcing his resignation yesterday, and clearing the way for elections in May.
Gathering up other tangible portable assets may be a good idea, too.
[I'm thinking my G&S tradecard collection may come in handy in the new barter economy!]
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