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-   -   What does Georgie Boy Osborne Know About Sterling (http://projectavalon.net/forum/showthread.php?t=7528)

alternative-answer 11-15-2008 09:47 AM

What does Georgie Boy Osborne Know About Sterling
 
Gordon Brown's willingness to borrow his way out of trouble could lead to the collapse of sterling, shadow chancellor George Osborne has warned.
http://news.bbc.co.uk/1/hi/uk_politics/7730803.stm

AndyH 11-15-2008 10:40 AM

Re: What does Georgie Boy Osborne Know About Sterling
 
He's just keeping public the decline of the pound, of course all the currency traders will read the news and cause even more decline of the pound.

When the pound reaches 90p there will be a real media push about it, parliament will discuss joining the euro and sterling will eventually become history.

alternative-answer 11-15-2008 11:58 AM

Re: What does Georgie Boy Osborne Know About Sterling
 
Quote:

Originally Posted by AndyH (Post 80303)
He's just keeping public the decline of the pound, of course all the currency traders will read the news and cause even more decline of the pound.

When the pound reaches 90p there will be a real media push about it, parliament will discuss joining the euro and sterling will eventually become history.

mmmm, thought provoking, thanks!

Mike_Jetson 11-15-2008 12:15 PM

Re: What does Georgie Boy Osborne Know About Sterling
 
Thats the way it looks to me....or

The tories will keep up this prediction stance and be seen to know how the economy works so they play the public with the 'told you so' card hence giving the public more reason to vote for people who can see the future better.

feardia 11-15-2008 12:27 PM

Re: What does Georgie Boy Osborne Know About Sterling
 
Sterling is finished, they'll probably be tied in with the Euro by the end of the weekend. Ossie is just giving the heads up to the speculators, George Sourros or the Rothschilds could collapse it in two trades on monday morning, if they so desire.

Swanny 11-15-2008 06:25 PM

Re: What does Georgie Boy Osborne Know About Sterling
 
I'm wondering when we will make the switch to the Euro :nono:

pineal-pilot-in merkabah 11-15-2008 06:41 PM

Re: What does Georgie Boy Osborne Know About Sterling
 
the pound is already toast we join euro soon.. i belive we need to have wiemar style hyperinfaltion for their problem reaction solution to work.. they will give us the pain first... then euro collapses then dollar.. they are gonna collapse the entire west pretty much in one go..

Swanny 11-15-2008 07:14 PM

Re: What does Georgie Boy Osborne Know About Sterling
 
Time to exchange cash for food I think

Come to think of it I'm fecked off with food shopping, wasn't fun at the best of times:sleep_1:


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