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Previously on "Print money, weak pound, booming exports"

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  • AtW
    replied
    Currency devaluation only works well if your exports can exceed imports, like in case of Germany or China.

    In all other cases it is an indirect tax and an easy get out solution for politicians.

    Leave a comment:


  • DimPrawn
    started a topic Print money, weak pound, booming exports

    Print money, weak pound, booming exports

    Simple solution to bring us all prosperity.

    UK Records Highest Ever Goods Trade Gap - Yahoo! UK & Ireland Finance

    Britain's goods trade gap has widened to its highest level since records began.
    Over the last three months of 2010, the total value of the goods the UK imported was £26.8bn higher than the total value of the goods it exported.


    Oh Dear™

    I guess we'll have to live with cripplingly expensive fuel, food, clothes, houses, etc instead.

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