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Yoss

What If?

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IF RBS write downs are due to bad US mortgage lending, how big would that write down been if GBP was still trading at 2.12 to USD.

Could not massive (GBP) currency weakness be used to amplify/reduce bad loans? and WHY?

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IF RBS write downs are due to bad US mortgage lending, how big would that write down been if GBP was still trading at 2.12 to USD.

Could not massive (GBP) currency weakness be used to amplify/reduce bad loans? and WHY?

2 words for you; Greenwich Capital. a loss of $1bln at exchange rate of 2.1 = GBP 467mln, at 1.39 it is amplified to GBP 769mln.

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  • 285 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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