Reply to: €1.11/£ - Flash crash my lower rear anatomy

[BlasterBates]

And all from a writer of fiction

he aslo mentioned was:-

It [the pound] is now the second worst-performing mainstream currency in the world this year, second only to another peso, the Argentinean one

To capitalise on this one, we need to find ways of targeting industries that can exploit a cheaper pound,

Dropped again today, David Davis amongst others talking the pound down, we're slowly grinding are way down to parity against the EUR.

[Paddy]

Four ways the UK can take advantage of a weaker pound

The trouble is, past devaluations of sterling have not always led to greater competitiveness.

In the 1960s, they were a cover for higher government spending.

In the 1970s, they were an excuse for an inflationary wage-price spiral that left nobody better off. This time, we should make sure a cheaper pound strengthens our economy.

And all from a writer of fiction

he aslo mentioned was:-

It [the pound] is now the second worst-performing mainstream currency in the world this year, second only to another peso, the Argentinean one

To capitalise on this one, we need to find ways of targeting industries that can exploit a cheaper pound,

[scooterscot]

Wish I'd paid for my holiday and loaded my € debit card when I booked now!

Also wish we'd pulled the trigger on buying a Scandinavian log cabin (€140k or so) when we were considering it

Cheer up, today's bad price is tomorrow's great price! Buy! Buy!

[d000hg]

Wish I'd paid for my holiday and loaded my € debit card when I booked now!

Also wish we'd pulled the trigger on buying a Scandinavian log cabin (€140k or so) when we were considering it

[DodgyAgent]

deja vu

UK Devaluation of Sterling 1967 | Economics Help

Four ways the UK can take advantage of a weaker pound

The trouble is, past devaluations of sterling have not always led to greater competitiveness.

In the 1960s, they were a cover for higher government spending.

In the 1970s, they were an excuse for an inflationary wage-price spiral that left nobody better off. This time, we should make sure a cheaper pound strengthens our economy.

[scooterscot]

Wait until they're charing £1.20 to the €

[tarbera]

Exchange at city airport was offering 1 euro to £1 note last night !!

Trips have suddenly become more expensive

[Paddy]

Labour govt. Unions. Strikes. Negative productivity.


Gordon Brown school of leftist economics. Therefore totally ****ed.

A lower pound will not necessarily help all exports, the way of manufacturing and business have changed. For example the UK will not be capable of producing a car from start to finish without importing. Companies like Easyjet are already suffering due to the drop in the pound

https://www.ft.com/content/18048862-...a-149ce6d9a982

[_V_]

deja vu

UK Devaluation of Sterling 1967 | Economics Help

Labour govt. Unions. Strikes. Negative productivity.

In a radio and television broadcast this evening, the Prime Minister said devaluation would enable Britain to " break out from the straitjacket" of boom and bust economics.

Gordon Brown school of leftist economics. Therefore totally ****ed.

[NotAllThere]

Other papers are available.

My word. Sofa king...

[GB9]

Why would that be? Isn't the DM solidly Brexit?

Other papers are available.

[NotAllThere]

...Do these poor computers have to read the Daily Mail as well?

It's difficult for them when 99% of the stuff they have to plough through is moaning.

Why would that be? Isn't the DM solidly Brexit?

[Paddy]

deja vu

deja vu

UK Devaluation of Sterling 1967 | Economics Help

In 1967, the UK government of Harold Wilson devalued the Pound from $2.80 to $2.40 (a devaluation of 14%).

After the devaluation, there was no economic miracle, growth remained below our competitors, inflation rose and it did not solve the underlying issues in the UK economy.

[scooterscot]

They need to know what will cause humans to get cancer to help them with their plans of world domination.

Cause? Easy, Windows 10. It'll give you a brain tumour trying to understand it.

[SueEllen]

It's difficult for them when 99% of the stuff they have to plough through is moaning.

They need to know what will cause humans to get cancer to help them with their plans of world domination.