copper123 Posted 13 hours ago Posted 13 hours ago So six years ago the pound was near parity with the dollar an extreme right wing conservative government had taken over and the queen had just died Now we have a much more left leaning government the pound is getting on for $1.50 to the dollar and everyone is predicting doom and disaster prob because america is the only country that can guarantee its oil supply. A strange world we live in indeed Quote
Rob Posted 1 hour ago Posted 1 hour ago Call it the Trump effect. Very few people in this world can move markets like a US president, and very few US presidents have had ambitions to tank their own economy like Trump, due to his Stable coin collateral, which will inflate the debt away. The pound isn't stronger because of the left wing government in this country, rather because the tea leaf readings of the wannabe dictator across the pond aren't good for the US economy. Trump is of course happy with events because his personal wealth is keeping up with the collapse in the dollar, and he is always right. Methinks American Revolution 2.0 might be closer than you might imagine. Quote
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