The Dollar has been thriving this year so it's been tempting to believe that s successful US economy is behind the weak Pound. The truth is somewhat more sobering.
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Pound is worst G10 currency this year
The latest slump in the pound makes it the worst performing G10 currency in the year to date.
It's now down 21.1pc against the dollar and is veering dangerously close to parity.
Other underperfomers among the G10 include the Japanese yen and Swedish krona, which are both down 19.9pc against the dollar.
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https://www.msn.com/en-gb/money/news...70f6af44df29e4
---------- Post added at 09:44 ---------- Previous post was at 09:34 ----------
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Originally Posted by denphone
Have you any statistical proof that trickle down economics works because all the evidence so far says it does not happen.
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It's less about evidence and more about the faith in most religions, and the religion of trickle down economics is no exception to this rule.