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Yes, the Pound fell when the UK didnt leave the E.U three years ago .

The financial markets hate uncertainty  and the UK not leaving the EU on the day after the Brexit vote has caused the Pound to fall 

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3 minutes ago, steven100 said:

agree …. Australia is technically in a recession and the UK is looking just as sad.

The problem is that these governments never look outside the box when it comes to economic stimulus.

The need to change/challenge the methodology of boosting the economy. But sadly they don't have the balls.

If it was me in charge, I would go out and borrow as much as possible at 0.01% … 7,8 or 9 hundred billion dollars …  then start development, new roads, bridges, schools, hospitals, high speed rail, agriculture, forestry, factories for the unskilled, one million low cost houses for the poor, and so on ….

This way, you kick the economy in the guts, you create 1 million jobs that in turn feed families and they buy cars, groceries etc ...

Ans so what ...in ten , twenty years you still owe 6 billion or whatever, at least the country was saved from poverty, recession or depression.   imo.o 

The UK already has a national debt of around 1.75 trillion....I think they’ll have a hard enough job paying that down.

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3 minutes ago, Mark1066 said:

The UK already has a national debt of around 1.75 trillion....I think they’ll have a hard enough job paying that down.

hmmm....I see what you say. Do what the US does, just print more. 

 

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