cmarshall Posted July 28, 2020 Share Posted July 28, 2020 Latest estimate that I have seen is that British trade will be off 27% after 12/31/2020 due to the loss of its free trade agreements by virtue of ending the transition period. Since the value of currency is mostly determined by trade, how could that possibly not drive sterling down even further? Link to comment Share on other sites More sharing options...
bignbad Posted July 28, 2020 Share Posted July 28, 2020 On 7/3/2020 at 10:12 PM, Pilotman said: where have you been for the last month? Employment is sure to hit 2.5 million in the next 3 months as businesses all over the UK go to the wall and furloughing stops. The FT is predicting a bottom out at 2.8 to 3 million unemployed by the new Year. The UK economy and the Pound have been trashed and will take years to recover to pre Covid levels, if they ever do. Enjoy what you get now for your trashed Pound, that's the best its going to get in my lifetime. You still alive? 1 Link to comment Share on other sites More sharing options...
Pilotman Posted July 28, 2020 Share Posted July 28, 2020 5 minutes ago, bignbad said: You still alive? yes, and all that I said in March is true in July, maybe more so. 1 Link to comment Share on other sites More sharing options...
moe666 Posted July 28, 2020 Share Posted July 28, 2020 The Thai economy not that bad, and other economies not that good, means investment money will flow to Thailand making the bhat nice and strong. Link to comment Share on other sites More sharing options...
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