Sterling At Risk Of “Large-Scale Devaluation�
 

http://www.silverdoctors.com/sterlin...ars-intensify/

Really worried what will happen here. Surely this will just sky rocket our inflation wont it.

I think going get really messy. Although exports will benefit the people who struggling now going find it very hard.

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

In other news ... Bears prefer arboreal cover whilst defecating and the Pope's a Catholic, even if he's not the Pope any more ... :spin:

I'm not sure what else anybody thought was going to happen with the Bank of England printing money left, right and centre. They can call it quantitative easing or anything else they like, the fact is they have diluted everybody's share in GB PLC. When you dilute your shares, your share price falls.

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

spring summer and winter of discontent anyone?

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

Is that a que for a song :D

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

You're forgetting this:

http://www.youtube.com/watch?v=mIQnpoGBS1I

:D

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

understand this but for all this QE where this 380bn gone. UK not seen penny of it used wisely to stimulate. Worried all banks done used it in sub prime real estate which cause another crash like USA 2008. Osbourne was fool to trust them.

How damaging will this get though thats the worry.

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

Cue Gary. He's been singing it long enough so he must know all the words backwards by now.... :D

Cue ArthurCloudCuckooLand@BlahBlah...

"Cameron should hang his head in shame, this would never happen under Labour...." :rofl:

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

Now, it's impossible to forget our Harold. :D

Actually it's rather worse now than it was back then. You had a reasonable chance back then of equipping your home and feeding your family with products that were made in the UK from largely British ingredients. These days we buy everything from China. If Sterling slides, the price of just about everything will sky-rocket.

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

better start inventing new currency how about Smarties:D can rowntrees make enough for the big launch.

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

Yes well at least we don't need to worry about having a population too big to sustain without vast imports of gas, oil, food.... :erm: :rolleyes:

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

The Government has been telling banks to lend to business. It has also been telling banks to vastly increase their capital reserves. The Bank of England has printed a tonne of cash but for our financial institutions to fulfil both of these Government demands adequately it would have to print a whole lot more.

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

yep thats what scares me even alot food imported:shocked:

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

Ensured i don't see that :LOL:

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

Bugger, there goes Miliband's pre-election prosperity for all promise. :D

Re: Sterling At Risk Of “Large-Scale Devaluation�
 

OMG don't let the Euro fanatics see your post, they will take it as an excuse to promote the euro failure.