Kenneth Clarke warns that Western economies are still in "grave danger of collapse"
"Western economies remain in “grave danger of financial collapse” and next week’s spending review is vital if Britain is to avoid falling victim to another downturn, Kenneth Clarke, the Justice Secretary, has said... Mr Clarke, a former chancellor, said the spending review was “quite the most dramatic in living memory” and added: “There’s no one alive who remembers a crisis of this kind. I actually am one of those who believes, with a grave danger of financial collapse, we’re not out of the woods in the Western world yet." -
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