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Re: Foreigners dumping UK debt.
Ive no money in Sterling except what I've saved the last three months. Im going to transfer that into gold shortly.
Its amazing that Sterling has appreciated so much despite the horrendous state of the country's finances. The UK is bankrupt. :eek: -
Re: Foreigners dumping UK debt.
I pray for the day when the "penny drops" & we see it crash & burn............as Max Keiser sez "A thing of beauty". Sadly it will need a major "event".
MikeComment
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Re: Foreigners dumping UK debt.
I cannot understand How people can dislike their own country. The implication of a sudden Currency devaluation to common people (aka Iceland, Argentina) is very Harsh.Originally posted by Mega View PostComment
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Re: Foreigners dumping UK debt.
it's actually better for the UK if their currency devalues on one front; it makes their exports very competitive in the EurozoneComment
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Re: Foreigners dumping UK debt.
our exports? Do we still export things from the UK?Comment
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Re: Foreigners dumping UK debt.
You better read this:-
http://www.ft.com/cms/s/4d122398-658...tml&_i_referer=
MikeComment
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