Email Story

Pound Sinks As Britain Teeters On Edge Of Bankruptcy

Bear Mountain Bull found this 1/22/2009 on globaleconomicanalysis.blogspot.com

The British Pound has imploded on fears of bank nationalization and Prime Minister Gordon Brown’s plan to give the Bank of England unprecedented powers to buy securities. This chart paints the not so pretty picture. British Pound vs. US$ Monthly Chart click on chart for sharper image That is ...