Breakingviews | Inefficient market

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29 Jan 2009 20:33

Inefficient market: Britain's triple crisis

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Not long ago, Gordon Brown was boasting that he had "saved the world". But the hollowness of the British premier's claim was soon exposed. Britain's position now looks as perilous as Austria's after the collapse of the Credit-Anstalt bank in 1931. Edward Chancellor explains.

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