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vand

£GBP heading to oblivion

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On 8/6/2017 at 23:41, Bumble said:

The euro may be good in the short term because of the strength of the German economy, but Europe faces headwinds at least as strong as those of the US. Europe has an aging population, huge debt, unaffordable welfare programmes, insolvent banks, high unemployment in the PIIGS countries, and a migrant crisis. If you want a model of where Europe, including the UK, is going in the next 20 years, look at Argentina. It was once one of the most prosperous countries in the world; then it caught a bad case of socialism and spent the next 40 years lurching from crisis to crisis, defaulting on its debts, and suffering high inflation and unemployment.

I would say if you are looking for relatively safe currencies you are better off with the Singaporean dollar, NZ dollar or Norwegian krone.

Argentina, it  wasn't socialism just F-cking greed from the top and not paying taxes.  

Germany is now run very similar to the way Bismark ran Germany  a bully taking off all others for his own country, running the country for a cabal 

 https://en.wikipedia.org/wiki/Otto_von_Bismarck

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I suppose the UK on its own means we can hold our own politicians accountable, as opposed to the unaccountable EU politicians. We can't even get properly audited accounts, they say they are accurate, however, have many errors. A contradiction in terms if ever there was one.

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On 08/12/2017 at 11:58, Xander said:

I suppose the UK on its own means we can hold our own politicians accountable, as opposed to the unaccountable EU politicians. We can't even get properly audited accounts, they say they are accurate, however, have many errors. A contradiction in terms if ever there was one.

Well that's was the idea!  It's not turning out that way though, people must remember when the politicians say 'In the nation interest or in British interest or Britain's interest' they are talking for wealth and privilege big business, not the population!  We have already seen sterling devalued massively and blamed on brexit this is not true the devaluation is more to do with the BOE money printing and low interest rates! 

IMO it would of been better for the population if  a clean break happened, it would be hard at first but in the long run the UK would be far stronger. 

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