Kikapu wrote:miltiades wrote:Take that stupid bucket off your head and stop sitting on your one remaining rusty brain cell. The pound is now 1.06 to the euro stupid, which currency is losing value ? Are you this fucking thick ? Sterling its on its way to par with euro. Its jus a matter of time stupid.
Sterling/Euro was around £1= €1.30 not too long ago.
Nearly 4 years ago Kikapu.
That is a long time ago, and the Brits shot themselves in the foot when the disastrous May was negotiating with economic rapists and criminals (EU).
We have been saying for ages for the Brits to ends the Brexit thing QUICKLY even if it means WTO terms, and then the Parliament went all rogue.
Things have never been better now under BORIS who has told the EU to take a flying leap, because Britain will go its own way and go WTO if it needs to.
Right now the EURO is falling. All currencies are falling with the exception of the USD and Swiss Franc. The reason is that the establishments consider these 2 currencies are safe havens, and in these times this is where all the money is going.
However, even the Swiss Franc and USD could call because even the USD and the Swiss will reduce interest rates to 0% and start printing like hell, because the global economy is about to hit a brick wall. The only difference is that they will only lose a few percent or stay relatively stable.
The Sterling will be fine. The currency to watch and also the continent to watch that could imminently collapse with a financial crisis is the EURO and the EU. The EURO has always been on the brink since 2008. If something happens to Spain and Italy or both, then kiss your EURO goodbye.