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The Uk pound just shat the bed! It collapsed down to $1.04 USD.

submitted by GeneralDisarray to EconomicCollapse 2.7 yearsSep 26, 2022 05:25:21 ago (+6/-0)     (EconomicCollapse)

It has slightly recovered but this is looking very bad for the Brits and their whole economy.

The pound will soon be worth less than the dollar.

It's a race to the bottom now. I expect the USD will start crashing soon too and the flood of USD and debt hitting the markets will obliterate the bond/stocks/housing markets.

Better stock up on rice and baked beans guys.


4 comments block

Depends on how long into the winter it takes for this year's food harvest to make its way through the system.