Remember when £1 was worth $2?

Was not that long ago, was it?

It closed down $.22 today, at $1.78, or about 11% off since July 28 (that’s, like, five weeks).

Yen (1%) and Euro (8%) are down a bit too in the same period, but not nearly as bad.

WTF?


“We’re fucked, the rest of the world is fucked WORSE!” Karl Denninger

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