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Wise to admit we don't know whether sterling's pounding will continue
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Originally posted by Cyberman View PostThe reluctance of Europe to cut interest rates is just more proof that we are better to be out of the Euro. The Eurozone will only stagnate with this policy, while the UK economy improves with our lower interest rates.
Eventually, the high euro will hurt Europe and the £ will recover against the euro. But I dont see this happening for a very long time.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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Originally posted by bobhope View PostThe article makes sense, but unfortunately, it's written by Roger BootleComment
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Interesting article
Basically the view is, this isn't a crisis but benign devaluation.
However if a crisis were to occur, it would happen unanounced....
a bit like Northern Rock and all the other disasters recently.
scaryI'm alright JackComment
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