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Ghost of FX Debacles Past Haunts London - Wall Street Journal (blog)

http://blogs.wsj.com/source/2013/03/14/ghost-of-fx-debacles-past-haunts-london/

When the tide went out, the U.K.'s economy was revealed to be utterly naked. It was overly reliant on financial services, consumers, state spending and debt. It was far too short of export champions of any kind, let alone manufacturers that could ...

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