Three U.K. Gold Medalists
For the past two weeks, one country has held much of the world's attention: the United Kingdom. With London hosting the Olympics, it's been hard not to see something in the media every day about the island nation.
While the country's Olympic athletes have performed well, its economy has not. In the three months ending in July, the British economy shrank by 0.2%, which followed a 0.7% drop the previous quarter. This means the U.K. is in a recession -- and it's a double-dip recession, which the U.K. hasn't experience since 1975. The FTSE 100 Index is up about 4.3% year to date compared with the S&P 500's 11.4% gain....326 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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