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Let me get this right, the crash of 2008 led to a weakening of the pound (worse than our European counterparts possibly because of our heavy reliance on financial services) but we started to recover after the crash with a positive trend up until the referendum when we, once again, lost the confidence of the money markets.
Since the referendum we have struggled to get the same upward trend that we manage after the crash. This says one thing, the money markets have less faith in us recovering from the referendum than it did the financial crash.
Your question was has this impacted millions - The answer is clearly yes based on the facts shown.
No lashing out involved. Pointing out you are deluded is simply a fact.
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01-14-2023, 08:14 PM
(This post was last modified: 01-14-2023, 08:17 PM by Protheroe.)
I'm sorry that you're unable to recognise that following the GFC - apart from the period between December 2014 and February 2016 - the £ has been trading +/- 10% from where it is now.
That is not an opinion. That is a fact. It is not me that is deluded.
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Anybody that tries to include the effect of the problem into the justification of why it’s not the problem is the fool here. Sorry chap, your steadfast belief that Brexit isn’t causing problems for millions is deluded.
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I’m afraid you have tunnel vision on this.