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[Nickbat]

Its effectively adding extra money to the economy (i.e. the term printing money) and in our case, its to buy back government bonds in order to try to inject liquidity into the market.

The net effect is a further weakening of the pound.

So, this lot have run up a huge debt for us all and thet are de-valuing the value of your fixed assets to!

I wouldn't worry too much about the pound, Mark. From where I'm standing, I think the euro is in dire straits and a flight from that currency would make even the pound look attractive! Not saying it will definitely happen, but the warning signs are there. Of course, the other positive thing is that a weak pound may reducing our propensity to outsource to China.

Is anything NOT made in China these days?

[Marks DTM Calib]

Its effectively adding extra money to the economy (i.e. the term printing money) and in our case, its to buy back government bonds in order to try to inject liquidity into the market.

The net effect is a further weakening of the pound.

So, this lot have run up a huge debt for us all and thet are de-valuing the value of your fixed assets to!

I wouldn't worry too much about the pound, Mark. From where I'm standing, I think the euro is in dire straits and a flight from that currency would make even the pound look attractive! Not saying it will definitely happen, but the warning signs are there. Of course, the other positive thing is that a weak pound may reducing our propensity to outsource to China.

Is anything NOT made in China these days?

Cant see the outsourcing to China changing, they have a lot of government subsidies which dont exist here.

Also, we have no manufacturing left, this current useless bunch of toss pots have seen to that and that wont change short term!

Bottom line is, we are weak agaisnt the 3 key currencies, Dollar, Euro and Yen.....most of China trades in dollars!

[cem_devecioglu]

Its effectively adding extra money to the economy (i.e. the term printing money) and in our case, its to buy back government bonds in order to try to inject liquidity into the market.

The net effect is a further weakening of the pound.

So, this lot have run up a huge debt for us all and thet are de-valuing the value of your fixed assets to!

I wouldn't worry too much about the pound, Mark. From where I'm standing, I think the euro is in dire straits and a flight from that currency would make even the pound look attractive! Not saying it will definitely happen, but the warning signs are there. Of course, the other positive thing is that a weak pound may reducing our propensity to outsource to China.

Is anything NOT made in China these days?

Cant see the outsourcing to China changing, they have a lot of government subsidies which dont exist here.

Also, we have no manufacturing left, this current useless bunch of toss pots have seen to that and that wont change short term!

Bottom line is, we are weak agaisnt the 3 key currencies, Dollar, Euro and Yen.....most of China trades in dollars!

China have big stock of US$.. But they also want to change the situation.. Problem is if they change from US$, USA will declare war

Interesting fact, in most of middle east countries British pound is precious and expensive than US$.. But there are easy ways to solve that, if you take the risk of making them angry  

A good startup can be your oil companies and industry can start using only pound ..See what happens after..