Wow, just as I have started to write this I checked the FTSE and it is taking a vertical plunge, however, is currently only down a humble 22 points.
News from the Independent:
Tories could suspend House of Lords if peers kill off tax credits http://www.independent.co.uk/news/uk/politics/tax-credits-conservatives-could-suspend-house-of-lords-if-peers-kill-off-cuts-in-vote-next-week-a6700671.html …
Basically it states that the House of Lords will enact an emergency stop gap and stop the cuts to tax credits, which will cause quite extreme poverty.
The English DO NOT HAVE these sorts of rebellions, and potentially this could shut down the government, or cause major difficulties, around the same time as the American government runs out of money!
Remember: There are no coincidences in politics!
This is coming on the exact Sun- moon opening square!