Sunday, Nov 16, 2008
The UK, again the poor man of Europe.
FC Exchange: Foreign Currency Report 14 November 2008
"The only hope is that the Government / Bank of England steps into save the ailing Pound, however these clowns are notoriously slow off the mark, and we have them to thank for this sorry situation."
...fat chance!!!!!!!!
Posted by bystander @ 01:54 PM (315 views) Add Comment
1 Comment
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1. planning4acrash said...
They also have to stop inflation, printing money, because unless they do, we can still get a run on the pound. Remember that investors will look at interest rate return in relation to inflation and strength of currency. They must stop printing money (let deflation occur), and hike interest rates to save the pound.
Or, they could just bring on a gold standard tomorrow, with what we have left.