I lost many thousands on that one day drop.
Never blinked an eye.
Near zero rates make it (until it all finally collapses) the ONLY real game in town.
England was once an empire. They’ll figure out how to do fine.
Likewise.
The EU began with the ECC, sort of like NAFTA but it morphed into a monster led by control freak globalists. NAFTA though was designed to destroy. It was a clintoon construction as I recall.
The pound sterling was before, during and after the EU. In my thinking the EU made the pound worth less.
This was a globull panic, a tempest over a tea pot, a tantrum by the globull elite and a market manipulation leading to a fear reaction.
Believe me, watch.
It is interesting to me that Trump’s economic advisor was on Lou Dobbs late Monday night I believe. Big old fat guy, bigger and fatter than me, looks like he won’t live long. He said the market will be in the black again by end of this week. Not sure it will make that but it will get pretty close. Interesting.
The megatrend to be concerned about, though you can probably do nothing about it, is the invasion of developed nations by undeveloped nations human debris. A friend said once the dike is breached all is lost.
The only people who don’t like competition are the people who can’t win. Without competition there is no advancement of mankind. Globalism, collectivism is about picking winners and keeping everybody else beat down. I still have not figured out why though.