The once great colonial empire of Great Britian once never saw the sun sets in its vast exterritorial colonial strongholds..... from Asia to Africa, from the Carribean to the Middle East.
Look at Great Britannia today and now..... facing stark news about its deep and dire collaspsing finance environment. The cascade of bad economic news keeps pounding and pounding away... with no relief in sight.
Are these the twilight years and the flickering out of a once vast colonial empire ?
Is this the harbinger of the future for the United States of America, similarly confronting a deep economic recession and the collaspe of its financial systems --- both public and private ? Is this the beginning of the End ?
http://www.nytimes.com/2009/04/23/business/global/23pound.html?_r=1&ref=global-home
http://www.nytimes.com/2009/04/22/business/global/22pound.html?_r=1&ref=global-home
http://online.wsj.com/article/SB124038380644142681.html
China just finished with sponsoring the World Olympics games. Come 2012, is London up to it ? And the fundamental question remains, " Do the Brits have any money to stage the games ?"
