Fears of Bank of England emergency interest rate hike to prop up plunging Pound after it hits ALL-TIME low of $1.03 – as Kwasi Kwarteng vows he WON’T change course on tax-cutting Budget despite market chaos and Tory backlash

by Boo_Randy

The UK sheeple, like their Murican counterparts, are going to pay a terrible price for electing stooges of the oligarchy who gave the Keynesian fraudsters at the BoE free rein to carry out its reckless monetary malpractice. Now the chickens are coming home to roost, and things are going to get ugly.

www.dailymail.co.uk/news/article-11249635/FTSE-100-share-price-falls-pound-against-dollar.html

We are primarily funded by readers. Please subscribe and donate to support us!

Britain is facing the threat of a full-blown sterling crisis today after the currency slumped to an all-time low against the dollar in the wake of Kwasi Kwarteng’s tax-cutting Budget.

The pound was ‘absolutely hammered’ in trading early this morning, dropping to just $1.0327 – under the grim 1985 baseline of $1.0545.

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.