British pound plummets to near parity with U.S. dollar, befo
Newsbot @ Tue Sep 27, 2022 8:56 am
Title: British pound plummets to near parity with U.S. dollar, before bouncing back
Category: Business
Posted By: DrCaleb
Date: 2022-09-27 08:54:10
Canadian
DrCaleb @ Tue Sep 27, 2022 8:56 am
Hmmm. Cutting taxes leads to falling currency value because of the likelihood of increased borrowing. It's like Conservatives don't learn from history.
Tricks @ Tue Sep 27, 2022 9:21 am
Or they do and they just want to keep poor people poor.
xerxes @ Tue Sep 27, 2022 1:13 pm
Not even a month in and she’s going full Thatcher. Watch her get turfed by the end of the year at this pace. The Pound has lost over 15% of its value since she became PM.
DrCaleb @ Wed Sep 28, 2022 6:43 am
Bank of England will buy U.K. bonds at 'whatever scale' necessary to halt crash
How is your tax cut now? Are you saving people money? Putting more in their pockets?
raydan @ Wed Sep 28, 2022 6:59 am
Selling England by the Pound - Genesis
DrCaleb @ Wed Sep 28, 2022 9:02 am
IMF openly criticises UK government tax plans
Scape @ Thu Sep 29, 2022 11:52 am
https://www.youtube.com/watch?v=On-tAvm ... WL&index=3
Scape @ Thu Sep 29, 2022 7:52 pm
https://www.youtube.com/watch?v=w-V5FVludFk