
Originally Posted by
thebookiesoffers
don't believe the Scottish hype from Nicola Sturgen mate, they have no bargaining chips whatsoever. They lost their referendum when oil was twice as expensive and their economy is currently running a 9% deficit, the EU states you can't join if your deficit is more than 3%. They'd also have to accept the euro. we'll get a full hard brexit
i do think the pound won't fall much further though against the euro
Good points, after all you are an insider. But I am still balancing my portfolio of in-future useless currencies. I have read (on cnbc or somewhere like that; all sources are pure **** ofc) that if GBP has to fall even further here, it will be not bc of brexit, but because some fundamental trust into UK is falling apart. And that is the point, where politicians stop doing what their voters want and they start doing what market wants. It happened in Greece and Germany. It happened in Brazil this year.

Originally Posted by
Voids
You are quoting an UK newspaper that was backing brexit. GBP has fallen. It has fallen relatively to all currencies, but Telegraph users see most GBP/EUR pair. So Telegraph want to show that EUR is **** and overpriced as well. They are probably right, but still it is manipulative. All currencies (USD [most intense debate ever, because of the huge debt and status of reserve currency], CHF [appreciated so much, that the central bank of Switzerland started to buy even shares, so Swiss central bank is now bigger shareholder of Facebook than Zuckerberg -> it will be "fun" to watch, after the shares pop;huge negative interest rates as the last brake], Yen [interest rates at or below zero for 2 decades, considering helicopter money = pure printing, but even with that in mind still appreciating], CNY [depreciation is on the way, bitcoin bubble is one of the consequences], EUR [no comment necessary, is **** with negative interest rates as well], SEK, DKK [both negative rates with a way to cashless economy], AUD, CAD [both commodity money vulnerable to oilprices; both lowered interest rates recently]) are pure overpriced piece of nothing and it is really just a matter of time, when all dreams of doomsayers will come true.
If you talk to God, you are praying; If God talks to you, you have schizophrenia.