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This post was edited by gork at 2013-12-5 01:54|
Camoron has nothing but a begging bowl to offer China. The companies Perfidious Albion is peddling are all dogs and the UK looks like it will soon default which is why the banksters have rigged the exchange rate higher and CDS prices lower: The CDS contracts for the UK have been on a downward trend for months as growth picks up, cutting below countries that still have AAA ratings such as Austria, Australia and Canada.
The UK index for five-year debt was trading near 27 on Monday, compared with 32 for the US, 35 for Switzerland, 40 for the Netherlands, 50 for Japan and 51 for France.
- Derivative markets have already upgraded Britain to AAA
"Invest" in these losers and China will be nursing a big loss. Remember, the UK has the World's worst debt so cannot raise taxes, cannot inflate the debt away because austerity is already causing theft of food to skyrocket and has seen exports turn down not up resulting in the worst trade deficits since 1989 in its 30 year unbroken record of deficits. The UK will soon cut interest rates to follow the US and eurozone and increase QE so GBP will implode too.
As Global Times has noted, Camoron lacks sincerity. His Foreign Office minister, is his fellow war criminal, Billy Jefferson Hague, who made his speciesist attitude to China known on the state-run BBC's Have I Got Propaganda For You programme. Similarly, London's Chinatown has recently been repeatedly raided by the speciesist low-life, resulting in protests of the community, complaining that the raids were random and sometimes repeated despite having discovered nothing earlier. Waste money on a UK corporation and it is this sort of indolent, timewasting low-life you'll be paying.
Camoron's only bargaining chip is negotiating on behalf of the eurozone. Yet he is a fifth columnist, trying to sabotage it as Robert Kilroy-Silk pointed out.
And how infantile and unprofessional can you get than to bring along your own father in law?