Remember @David_Cameron warning that the value of the pound would fall? Maybe he was secretly encouraging export businesses to back Brexit!https://twitter.com/BBCr4today/status/852440980179623936 …
-
Well I would hope the
#UK business leaders r smarter than that. Longterm gains r made by improving quality, not by lowering prices.
sigh, you still don't get it: lowering the value of the pound is not a bad thing. Yet dumb ex-PM used it as a warning against Brexit.
-
-
Or maybe he was simply counting on the electorate being economically enough to believe him. In other words, he was appealing to the Left.
-
I don't think so: he correctly used the state of the currency as a marker of economic performance. And he was right .....
-
Did he now? I distinctly remember him using it as a warning in and of itself, not as an economic indicator, ie: http://www.strongerin.co.uk/get_the_facts pic.twitter.com/i0sdRiZ6zN
-
Er, pointing to an indicator of loss of value (and the manifestation of such loss) as a consequence of an action is a warning!
-
I already said it was a warning. But it's economically ignorant. As are you, apparently, by your continued defense of Cameron's propaganda.
-
So the pound falling is a good thing, and Cameron warning against it was propaganda ... for what exactly? (enlighten the ignorant pls)
-
Cameron campaigned against Leave. Didn't you know?
-
So leaving is a good idea because the pound now falls and
#UK exports become cheaper? And his campaign to remain was propaganda? - 7 more replies
New conversation -
-
-
In macroeconomic terms, the strengthcurrency is the strength of the economy. A devaluated £ means less power, even if it boosts sales.
-
lol, that's not how it works. I'm writing a piece explaining how it does work. In the meantime, read this:http://www.investopedia.com/articles/investing/091515/why-strong-us-dollar-bad-investors.asp …
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.