Is it the Euro diverting attention from the US dollar. Sort of a decoy target as UK was in Cold War.
Couple of key facts the UK is spending 4 for every pound in taxation . The US Government is spending $10 for every 6 its collecting in tax.
Germany exports more than the US.
www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9278253/Rising-US-recession-risk-poses-the-real-threat-to-Europe.html
www.paulcraigroberts.org/2012/recovery-or-collapse-bet-on-collapse/
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