Money Morning has described Britain as now being “actually insolvent” compared to being “technically insolvent” when it went begging to the International Monetary Fund (IMF) in 1976.

The International Monetary Fund announced Monday the sale of 200 tonnes of gold worth 6.7 billion dollars to India's central bank to shore up IMF finances.

In the segment 'On My Mind', Ron Paul discusses his thoughts on why large-scale government internvention in the economy is going to end badly.  The False Recovery is underway.

Finally, the mainstream are catching up with what the Renegade Economist was saying back in October 2008.

One of Goldman Sachs's senior advisers in London has said that British taxpayers should "tolerate the inequality" stemming from the investment bank's plans to dole out a record $22bn (£13.4bn) in pay and bonuses this year for the sake of the "common good".

Employers yesterday called upon the Government to get to grips with its ballooning debts as a new study put the true size of the public sector's net liabilities at £2,200 billion, almost three times official figures.

A lot of us have been feeling the pinch living here in the UK, and this study does not go anywhere to help us believe that "things are going to get better" anytime soon.  Share with us your experiences - are they different to what the league table reports?  ps - the Top 3 countries are France, Spain and Denmark