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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
Curated by Nick Laight
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Oxford Street closed to poor to avoid ‘crushing debt’ | NewsBiscuit

Oxford Street closed to poor to avoid ‘crushing debt’ | NewsBiscuit | Countdown to Financial Armageddon | Scoop.it

(SATIRE ALERT) Credit checks will be carried out at the Marble Arch and Tottenham Court Road ends of Oxford Street to prevent those with poor ratings, or anyone who has used Wonga.com, from spending more borrowed money in the run up to Christmas.

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And Another One! New Zealand's Sovereign Debt Gets Double Downgrade

Standard and Poor's and Fitch downgraded New Zealand's sovereign debt ratings on Friday in what economists said was as much to do about turmoil on world financial markets as it was...

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