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The pound below $1.50 and falling


Why the fuck has this not been filling the news? Jesus wept the news has been dumbed down to the level of some pikey daytime chavfilth tv sitcom.

Can no one see that the useless fucking cunt that is running - an I use that word loosely - things here in the UK has not got a damn clue with regards matters fiscal.

George Osborne said: link
"Sterling has devalued rapidly against the euro and the dollar. We are in danger, if the government is not careful, of having a proper sterling collapse, a run on the pound. The danger of a run on the pound is that it pushes up long-term interest rates, which is a huge burden on the economy. The more you borrow as a government and the more you have to sell the debt, the less attractive your currency seems."
For all of cyclops Browns bluster the currency has gone to shit thanks to his borrowing and spunking away of fucking billions. 

One pound now works out at $1.48530 

Oh according to top bean counters PWC, they are saying the us Brits are personally £1.5 trillion in debt. link
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2 people have spoken:

Anonymous said...

Isn't it wonderful to be associated with such a "Sterling" Prime Minister.

I hear Mandleson will not be drawn as to whether this current collapse in our currency will signal our impending headlong dive to his beloved Euro, but I guess that's precisely why he returned from his Euro crypt to see through.

The games up - but they wont leave without first, overseeing our Countries total submission into the Soviet hellfire that is the E.U.

Fidothedog said...

The only problem for cyclops is that he has already recieved a slap across the knuckles off the Eurowallahs for his spending.

They could do nothing to him as we are exempt from EU currency controls, should we go in they will cap our spending and force him to cut back on PFI.

As much as I hate the Eu it may actually be better for us in the short term as it will show cyclops up as the fiscal waster he is.