July 28, 20205 yr 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?
July 28, 20205 yr 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?
July 28, 20205 yr 5 minutes ago, bignbad said: You still alive? yes, and all that I said in March is true in July, maybe more so.
July 28, 20205 yr 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.
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