Aace,

No problem.

Deflation abounds.

Leads to ever lower interest on Government debt.

Leads to weak Sterling.

Foreigners (i e those with real money cos we ain't got any) love to buy cheap long-termers.

Then they short-term manipulate the cash markets.

And time their exit after GB's been taxed till the pips squeak.

Then the foreign ownership of our equity pulls out too.

Seen it many times before (remember the Japanese being the saviours of large slices of UK PLC?).

They're all just currency speculators I tell you.......