The British pound fell to its lowest level against the U.S. dollar since 1985 before bouncing back on Monday, as investors digest the U.K. government's plans to stimulate the economy by cutting taxes.
Hmmm. Cutting taxes leads to falling currency value because of the likelihood of increased borrowing. It's like Conservatives don't learn from history.
Not even a month in and she�s going full Thatcher. Watch her get turfed by the end of the year at this pace. The Pound has lost over 15% of its value since she became PM.
How is your tax cut now? Are you saving people money? Putting more in their pockets?
https://www.youtube.com/watch?v=On-tAvm ... WL&index=3
https://www.youtube.com/watch?v=w-V5FVludFk