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Re: It just won't die!
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Re: It just won't die!
Neither will the Pound Sterling. Especially now that the Brits have bailed.
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Re: It just won't die!
but, but i was told they both WILL die!
As you these figs, i wonder how much of the 86% is $ used for ponzi-scam-banking-fraud?
MikeComment
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Re: It just won't die!
If you want ponzi banking schemes on a breathtaking scale you need to look to the Yuan.Originally posted by Mega View PostComment
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Re: It just won't die!
Europe is unravelling. Six years of negative GDP in Greece is enough of a wake up call; belatedly even the IMF recognises that. But I believe it's now too late and Humpty Dumpty can't be put back together again. Obama is on his way out. The collective international posturing that he is part of is trying to walk a fine line so they don't have to acknowledge the reality of the first sentence in this post. Forget the destruction of Greece and the ongoing strong arming of Spain, Portugal and Ireland - it's Italy that is now on the edge and if the gap between French and German economic performance grows large enough to create an irreconcilable rift over diverging policy responses...it's over.Originally posted by Mega View Post
The reality is it is not in the US's interests to impair trade and other relations with the UK. The UK is out ahead of the official consensus on the EU. However, it won't be out there alone for very long it would seem. Obama's threats are hollow. The UK isn't Greece.Last edited by GRG55; September 04, 2016, 04:43 PM.Comment
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Re: It just won't die!
I have often wondered how much Sterling still sits in bank vaults in the middle east; that perhaps many took the "Granny" route and stuffed it away rather than throw it under the proverbial bus. In which case, perhaps Sterling might make a considerable comeback?Comment
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