Just one pertient snip from the article linked for you below:
Jim Rogers, the millionaire financier, went further warning that the pound could "collapse" within weeks, heralding a downturn worse than 2008/09 and in turn leading to a "global economic winter".
Read it and weep here:
I refer you again to my recent observation of the chart technicals of the British Pound, here.
Plus also my observation earlier today on the Baltic Dry Index, which I would say is a good leading indicator of global economic strength (or otherwise). Here.
Thursday, 25 February 2010
All eyes are on Greece and the Euro. But watch the British Pound.
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