Surely the idea that the Tories are fiscally responsible has gone for good now?
Pound is in free fall and with it our living standards. Would be fine if we were still a manufacturing powerhouse but we aren’t. And we will suffer greatly being a massive net importer of goods.
Man I’m glad I switched to getting paid in usd, I lost so much money since 2016 the pound is doing completely shit and I understand why people have no faith in the currency.
I changed everything I have into USD a few months ago. Glad I did.
‘No deal’ is the position taken by many Brexiteer politicians in the UK who believe that the country can thrive outside the EU bloc, trading under WTO rules. They dismiss stories of disruptions to food and medicine supplies as ‘Project Fear
I was about to post this.
Very telling that the markets are unmoved by this.
It could bounce back now it has been unveiled, however given that it benefits the rich and living standards will decline for everyone else, that seems unlikely. Why invest in a country where people cannot afford to buy your products?
Wait til the masses realise how much their 2023 Audi is going to cost…
We are so very, very fucked. Start getting scared if you haven’t already.
Cutting the top rate of tax. Awesome
I mean the country is in trouble why shouldn’t the better off get something out of it!
It’s interesting to see the other markets also dropping, only gemany has faired much better than is today.
Whilst I’m sure it played a part correlation doesn’t always means causation.
Worth noting that basically every equity market has fallen today – some more so than the FTSE100 since the weaker pound tends to lead it underperforming *less* than the rest.
If it was domestic names being whacked specifically, worth looking at the FTSE 250, which contains far more midcaps.
Sorry but are we being ruled by clowns? Its hurting my head wandering wtf they think they’re doing?
13 comments
Surely the idea that the Tories are fiscally responsible has gone for good now?
Pound is in free fall and with it our living standards. Would be fine if we were still a manufacturing powerhouse but we aren’t. And we will suffer greatly being a massive net importer of goods.
Man I’m glad I switched to getting paid in usd, I lost so much money since 2016 the pound is doing completely shit and I understand why people have no faith in the currency.
I changed everything I have into USD a few months ago. Glad I did.
‘No deal’ is the position taken by many Brexiteer politicians in the UK who believe that the country can thrive outside the EU bloc, trading under WTO rules. They dismiss stories of disruptions to food and medicine supplies as ‘Project Fear
I was about to post this.
Very telling that the markets are unmoved by this.
It could bounce back now it has been unveiled, however given that it benefits the rich and living standards will decline for everyone else, that seems unlikely. Why invest in a country where people cannot afford to buy your products?
Wait til the masses realise how much their 2023 Audi is going to cost…
We are so very, very fucked. Start getting scared if you haven’t already.
Cutting the top rate of tax. Awesome
I mean the country is in trouble why shouldn’t the better off get something out of it!
It’s interesting to see the other markets also dropping, only gemany has faired much better than is today.
Whilst I’m sure it played a part correlation doesn’t always means causation.
Worth noting that basically every equity market has fallen today – some more so than the FTSE100 since the weaker pound tends to lead it underperforming *less* than the rest.
If it was domestic names being whacked specifically, worth looking at the FTSE 250, which contains far more midcaps.
Sorry but are we being ruled by clowns? Its hurting my head wandering wtf they think they’re doing?