Pound increasing in value
Discussion
I notice the pound is strengthening against both the Dollar and Euro. Britain has a very open information society and our dirty washing always seems to be the first to be aired in public. I'm wondering how much undeclared or misunderstood problems are lurking in our competitors cupboards which may be about to hit the fan.
ianash said:
I notice the pound is strengthening against both the Dollar and Euro. Britain has a very open information society and our dirty washing always seems to be the first to be aired in public. I'm wondering how much undeclared or misunderstood problems are lurking in our competitors cupboards which may be about to hit the fan.
Are you a random sentence generator?ianash said:
I notice the pound is strengthening against both the Dollar and Euro. Britain has a very open information society and our dirty washing always seems to be the first to be aired in public. I'm wondering how much undeclared or misunderstood problems are lurking in our competitors cupboards which may be about to hit the fan.
I've been saying this since we got b
h slapped last year. We tell it like it is as soon as the question is asked and get a kicking. Meantime our continental buddies are busy trying to work out how they can hide the Billions of Euros they've miscalculated by before they are forced to out themselves.The only difference here is that Broon seems to think that the UK can support global banks and foreign owned, British based industries.
The US is a little different as they have the feel good factor of BO, 200million plus worker ants and the ability to be entirely self sufficient if they really wanted to be.
"BEIJING (Nikkei) - Calls are growing in China for the government to reduce its holdings of U.S. Treasury securities, as some observers expect their prices to decline amid heavy issuance to fund U.S. economic stimulus plans.
"Such sentiment - in part motivated by indignation over recent American assertions that China is partially responsible for the global financial crisis - threatens to cast a cloud over relations between Beijing and the new U.S. administration.
"'China should sell some of its U.S. government bonds and increase its euro and yen assets,' Yu Yongding, a former member of the People's Bank of China's policy board, wrote in a Chinese newspaper earlier this month. Yu warned that the supply of Treasuries may far exceed demand in the future.
"Such remarks by Yu, who currently serves as director-general of the Chinese Academy of Social Sciences' Institute of World Economics and Politics, has sparked discussion within the government on how to manage its foreign reserves, according to a source familiar with the matter."
"Such sentiment - in part motivated by indignation over recent American assertions that China is partially responsible for the global financial crisis - threatens to cast a cloud over relations between Beijing and the new U.S. administration.
"'China should sell some of its U.S. government bonds and increase its euro and yen assets,' Yu Yongding, a former member of the People's Bank of China's policy board, wrote in a Chinese newspaper earlier this month. Yu warned that the supply of Treasuries may far exceed demand in the future.
"Such remarks by Yu, who currently serves as director-general of the Chinese Academy of Social Sciences' Institute of World Economics and Politics, has sparked discussion within the government on how to manage its foreign reserves, according to a source familiar with the matter."
barney123 said:
NoelWatson said:
rude-boy said:
We tell it like it is as soon as the question is asked and get a kicking.
Really? Gordon said we were best placed. He said no return to boom and bust. He says we have low debt. But as barney says, he was half right, just the once mind
ianash said:
RegMolehusband said:
Which rise are you referring to exactly? It would benefit me a great deal if that were the case.
Please read my reply to FPC.There have been a number of small spikes during the decline of the pound, I can't see this latest rise as anything but the same?
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