Why did the pound take big hit on Friday 13

 

Edited March 14, 20206 yr by CharlieH
member name is NOT topic title - adjusted

I suggest you read the english news.

Not sure why you were expecting a better answer on TV vs typing the same exact phrase into Google.

Pound of butter, pound of pork, pound of ?  Not certain what pound, but my weight in pounds took a big hit when I ran 10k on friday....

5 minutes ago, ThailandRyan said:

Pound of butter, pound of pork, pound of ?  Not certain what pound, but my weight in pounds took a big hit when I ran 10k on friday....

You ran 10,000 ?

5 minutes ago, Don Mega said:

You ran 10,000 ?

10Km sorry....lol

3 minutes ago, ThailandRyan said:

10Km sorry....lol

hehehehe, I was just taking the <deleted>.. I knew what you meant.

Why did the pound take big hit on Friday 13

 

When an economy in decline since 1870, that has a huge government debt problem, announces a budget that increases debt by 125 billion £ and then announces it has record coronavirus cases some investors may not think that a golden age is around the corner.

Edited March 14, 20206 yr by Logosone

On 3/14/2020 at 1:18 PM, Logosone said:

Why did the pound take big hit on Friday 13

 

When an economy in decline since 1870, that has a huge government debt problem, announces a budget that increases debt by 125 billion £ and then announces it has record coronavirus cases some investors may not think that a golden age is around the corner.

Correct all those people who thought brexit was so good are going to really sad.

 

Before the difference between the pound and the euro was around 4.5 bt now its 3.3 and it might drop even more as the euro is gaining strenght while the pound is dropping.

 

Bet a lot of expats are not happy now having supported a brexit. 

$1.20

 

Good for Great British exports, yes?

 

Boris trying to sound American?  He wants "to penetrate the American market"  at  1:37

England just printed

£330bn !!!

That money has to come from somewhere. It is called inflation.

22 hours ago, robblok said:

Correct all those people who thought brexit was so good are going to really sad.

 

Before the difference between the pound and the euro was around 4.5 bt now its 3.3 and it might drop even more as the euro is gaining strenght while the pound is dropping.

 

Bet a lot of expats are not happy now having supported a brexit. 

Correct, the golden times of plenty and superp opportunities promises of the Brexiters have been exposed as the shallow lies and untruths they really are.

 

Anyone living abroad on the pound will regret voting for Brexit. Pound again falling to 1.20805 today, but maybe a bottom has been reached? Would be nice, but we'll see.