RE: Pound is down big time, why are the Americans not buying RR24 Sep 2022 17:48
The biggest danger here is Soros and his ilk who will try to take advantage of the situation to short the pound. The plan is a good one but the markets encouraged by US and EU might transpire to try to scupper it as they don't want their approach to be exposed as failing. Has the EU ever grown at 2%? Meanwhile the US is engaged in fantasy economics with Biden's massive stimuli on one hand and brutal interest rate rises on the other. Yet he still finds time to criticize the so called trickle down approach. The UK will succeed if given a fair shake by said markets.