There is an orchestrated effort to switch blame for the falling pound away from Brexit, when the link is entirely obvious (look at how the pound reacted to opinion polls and the actual result) and indeed has continuted to fall with the more right wing and anti-EU rhetoric from the Tories. Most forecasts pre the vote were for a stronger pound, in no small part as the next move interest rates was expected to be upwars. Rates had to be cut to shore up economy in light of the vote. The vast majority of analysis did not sugges thte pound was undervalued, the simplest and widely references is the Big MAc index (economist I think) which compares cost of producing and selling a big mac across the globe. On this basis pound was not undervalued. For those arguing that lower pound is wonderful news, the simple fact is that strong economies have strong currencies and the inverse applies. In 1967 the pound was at $2.8 before Wilson's depreciation, the ongoing use of devaluing the curency has done nothing for the long term health of the economy apart from make us poorer. Sterling has lost over 60% of its value against the dollar and German currecny (Deutschmark and now euro). We should be asking ourselves why our currency is so weak, not pretendings it good news. How can German have a huge trade surplus with a strong currency...? As Boris said a few years ago, leaving the EU will merely expose the fact that most of our problems are our fault, which is why the right wing press is getting so upset and trying to blame the remainers as their pet project will crash the economy. Things are going to get very ugly over the next few years.

Entire Thread

Topic	Date Posted	Posted By
"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 12:31:00	Ann Williams
Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 12:33:00	Richard Greenhough
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 12:40:00	Alan Clark
Re:Re:Re:"If we leave the EU we could have an extra £350m a week for the NHS"	14/10/16 12:49:00	Richard Greenhough
Re:"If we leave the EU we could have an extra £350m a week for the NHS"	14/10/16 14:31:00	John Whitworth
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 12:40:00	Mark Perry
Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 12:42:00	Penelope Crocker
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 12:54:00	Ann Williams
Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 13:02:00	Richard Greenhough
Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 13:09:00	Adrian Irving
Re:Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 13:10:00	Penelope Crocker
Re:Re:Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 13:28:00	Ann Williams
Re:"If we leave the EU we COULD have an extra £350m a WEEK for the NHS"	14/10/16 14:28:00	Richard Greenhough
Re:Re:"If we leave the EU we COULD have an extra £350m a WEEK for the NHS"	14/10/16 16:59:00	Vanessa Smith
Re:Re:"If we leave the EU we *insert fabrication here*"	15/10/16 08:56:00	Alan Clark
Re:"If we leave the EU we could have an extra £350m a week for the NHS"	16/10/16 16:11:00	John Whitworth
Re:Re:"If we leave the EU we could have an extra £350m a week for the NHS"	16/10/16 16:26:00	Carl Wynne
Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 17:57:00	Denis Fox
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 18:32:00	Ken Munn
Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	14/10/16 19:41:00	Brian Coyle
Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	15/10/16 11:04:00	Denis Fox
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	15/10/16 11:12:00	Denis Fox
Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 11:05:00	Richard Greenhough
Re:Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 11:33:00	Vanessa Smith
Re:Re:Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 11:45:00	Brian Coyle
Re:Re:Re:Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 12:08:00	Alan Clark
Re:Re:Re:Re:Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 12:18:00	Paul Green
Re:Re:Re:Re:Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 12:54:00	Vanessa Smith
Re:Re:Re:Re:Re:Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 13:22:00	Paul Green
Re:Re:Re:Re:Re:Re:Re:"If we join the Common Market there will be no dilution of our sovereignty"	15/10/16 13:29:00	Carl Wynne
Sovereignty	15/10/16 13:38:00	John Whitworth
Re:Sovereignty	15/10/16 14:23:00	Paul Green
Sovereignty, what sovereignty?	15/10/16 15:14:00	Ken Munn
Re:Sovereignty, what sovereignty?	15/10/16 15:28:00	Vanessa Smith
Re:Re:Sovereignty, what sovereignty?	15/10/16 15:33:00	Viv Griffiths
Re:Re:Re:Sovereignty, what sovereignty?	15/10/16 16:26:00	Carl Wynne
Re:Re:Re:Re:Sovereignty, what sovereignty?	15/10/16 16:31:00	Viv Griffiths
Re:Re:Re:Re:Re:Sovereignty, what sovereignty?	15/10/16 16:38:00	Carl Wynne
Re:Re:Re:Re:Re:Re:Sovereignty, what sovereignty?	15/10/16 17:44:00	Richard Greenhough
Re:Re:Re:Re:Re:Re:Re:Sovereignty, what sovereignty?	15/10/16 18:01:00	Carl Wynne
Re:Sovereignty, what sovereignty?	16/10/16 12:35:00	John Whitworth
Re:Re:Sovereignty, what sovereignty?	16/10/16 13:38:00	Ann Williams
Re:Sovereignty	15/10/16 15:35:00	Richard Greenhough
Re:Sovereignty	15/10/16 16:13:00	John Whitworth
Re:Re:Sovereignty	15/10/16 17:36:00	Paul Green
Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	16/10/16 17:12:00	V Killick
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	16/10/16 17:50:00	Carl Wynne
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	16/10/16 17:53:00	Adrian Irving
Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	16/10/16 18:12:00	Russell Pearson
Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	16/10/16 18:35:00	Adrian Irving
Re:Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	16/10/16 19:46:00	Russell Pearson
Re:Re:Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	16/10/16 23:55:00	Ken Munn
Re:Re:Re:Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	17/10/16 11:24:00	Paul Green
Re:Re:Re:Re:Re:Re:Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	17/10/16 11:32:00	Paul Green
Re:Currencies	17/10/16 11:42:00	Richard Greenhough
Re:Re:Currencies	17/10/16 12:12:00	Paul Green
We haven't got a plan so nothing can go wrong!	17/10/16 18:24:00	T P Howell
Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	18/10/16 00:16:00	Dennis Brogan
Re:Re:"If we leave the EU we'll have an extra £350m a day for the National Health service"	18/10/16 00:33:00	Ken Munn
Re:Small nations club	18/10/16 09:12:00	Richard Greenhough
Re:Small nations club	18/10/16 09:30:00	John Whitworth
Re:Re:Small nations club	18/10/16 09:31:00	Paul Green
Inflation now on the up	18/10/16 09:34:00	Paul Green
Re:Inflation now on the up	18/10/16 10:27:00	Huw Burford-Taylor
Re:Inflation now on the up	18/10/16 10:36:00	Fraser Pearce
Re:Re:Inflation now on the up	18/10/16 11:09:00	Paul Green
Re:Re:Inflation now on the up	18/10/16 11:10:00	Fraser Pearce
Re:Re:Re:Inflation now on the up	18/10/16 11:20:00	Paul Green
Re:Re:Re:Re:Inflation now on the up	18/10/16 11:29:00	Russell Pearson
Re:Re:Re:Re:Inflation now on the up	18/10/16 11:40:00	Fraser Pearce
Re:Re:Re:Re:Re:Inflation now on the up	18/10/16 11:44:00	Fraser Pearce
Re:Re:Re:Re:Re:Inflation now on the up	18/10/16 11:46:00	Paul Green
Re:Re:Re:Re:Re:Re:Inflation now on the up	18/10/16 11:51:00	Fraser Pearce

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