This is the fault of a future Labour government.

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The real reason the pound is crashing:
...

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So how does this work now; Are we all buying puts on the rand?

I really wish we still had Scooter to a TA on the tulipcoin that is the pound.

I have a great trading strategy. Leveraged buys on Asian trading hours (I am watching this tulip storm from afar), leveraged shorts whenever...

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https://conservativehome.com/2022/09...h-of-tax-cuts/

I am starting to think these people are *****. ...

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A lot of people are. They (and Greece) get more favourable bond rates. Just knocking the thread back on topic. ...

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Isn't that a question to post to your Facebook feed? ...

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How to alienate your voter base I guess.

Sam Coates: I'm told Pension funds getting hammered and losing huge amounts of capital, Banks forcing them to make margin calls and liquidate assets, Some pension funds losing large amounts of their fund, Hence BoE stepped in...

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Bank of England to carry out temporary purchases of long-dated UK government bonds from today



The Bank of England has announced it will carry out temporary purchases of long-dated UK government bonds from today as it warned there could be a "material risk to UK financial...

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GBP is a reserve currency. The IMF lend money. A reserve currency nosediving is a VERY bad thing for the world economy.

The IMF is not alone in believing that the UK economy is being run like an emerging economy, or shall we say banana republic....

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Americans, fly to England and head to a Wetherspoons where you'll be able to get a pint of Guinness, burger and chips, and a gram of coke for under 60 bucks. Depending on the Wetherspoons, might event be able to get change from a fifty according to Nomura....

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$1.03575

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Woke up to my TP having been hit. Mixture of Lambo & sad feelings. Sure I'll find some tulip at the Pavillion Mall to waste it on....

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Putin's behaviour has really changed your moral compass eh? ...

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I am going to benefit enormously from this budget financially. Particularly as I took a massive short position on cable just over three months ago.

I am not going to benefit from:

15-hour ambulance waiting times.
Burnt out doctors & nurses.
Small business closing....

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In this game, age is not a multiplying card....

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I am afraid I must disagree with you again WTFH. Veteran sourced his facts from the Daily Mail, so he must be right.

The UK is better than the EU in simply every possible way; particularly in quality of life. GBP is strong and stable.

In such sad times of national mourning,...

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I am sorry but I cannot believe your historical FX 'facts' going back to 2015 are in any way relevant to the current situation. I find Vetran's explanation definitive. ...

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https://www.ft.com/content/ef265420-...-c951baa68945?


Where would you rather live? A society where the rich are extraordinarily rich and the poor are very poor, or one where the rich are merely very well off but even those on the lowest incomes also enjoy a decent standard...

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How magnificent. ...