“As a Brit I really don’t like looking at the way this could play out.”

The Pound is by a long way the most overweight currency in the SDR, being 11% of its value but less than 3% of the world economy. It’s an enormous current privilege for us British… I doubt this will turn out well for us…


The Pound is Toast

3 comments on ““As a Brit I really don’t like looking at the way this could play out.”
  1. KingOfTheNorthernHemisphere says:

    Here Fools… a little something for your left ear:

    http://youtu.be/fGaDAThOHhA

    Watch if you have the guts… I’m not holding my breath.

  2. Bruce says:

    http://www.321gold.com/images/currencycompost.jpg
    Currency compost.

    I can’t believe I read all that; that was surprisingly informative & non-boring.

  3. BankingThiefs says:

    The value of your bonds are based on a governments ability to tax it’s population.

    I would not worry about the Pound Sterling just yet until we see tax revolts!

    How the media scammed us into accepting council tax is beyond me, it’s a very regressive tax (the poor pay more as a percentage of income) and ability to pay is based on your savings/assets not your income!

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