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Ok, there is always something worse, let's look at the bright side...
I've still got majority of my stash in offshore sterling. Its grim to watch that curve and I know I should have bailed out at 1.40 and nfi what to do now. It does seem that the euro is overvalued already, but if the ecb starts hinting at rises again and sterling rates drop then I scunnered
Unfortunately sometimes it's a bit of a roll of the dice. When it reached 1.40 that was the point I was waiting for to buy in...only by chance I didn't.
I did convert all my Sterling to Euros last October - of course Sterling is destined to go the way of the Dollar being an anglo saxon fiat currency which has had an economy based on over extended cedit and hyper inflation in the housing market and massive spending on Middle East Wars.
Even worse than the US - a pseudo-workforce of Government funded employees causing more stress to the taxapyers.
Sterling to fall against the Euro by 12-15 per cent by end of year - who would bet against it ?
Shoulder to Shoulder - Dust to Dust - Ashes to Ashes - Fun to Funky.
Strung out on Heaven's High
Hitting an all time Low
George'n'Gordon - pray for us
I did convert all my Sterling to Euros last October - of course Sterling ids destined to go the way of the Dollar being an anlgo saxon fiat currency which has had an economy based on over extended cedit and hyper inflation int eh housing market.
Sterling to fall against the Euro by 12-15 per cent by end of year - who would bet against it ?
Pound to swiss franc getting close to 2 (currently 2.05) from 2.5 a few months ago. On the bright side it makes calculation easy.
I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.
Here is the solution to the UKs economic woes - how about a multi gizzilon Trident Weapon upgrade - natrually the contracts will be awarded to the US millitary industrial complex - its only fair after all.
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