BBC NEWS | Business | Sterling continues to lose ground
BBC NEWS | Business | Sterling continues to lose ground
"The US was the first economy to hit trouble," said Tim Clayton, chief strategist at currency advisory consultancy Investica. The US is still cheap, it’s still a good holiday, but it’s got a lot more expensive David Bloom, HSBC Sterling vs the dollar Euro vs the dollar Q&A: dollar rise "Now people are realising that the UK has the same problems, if not more so, as the US."
Will we finally get stories in the American press acknowledging that the American economy is, in fact, stronger than the European economies, and that the attempts of the Democrats to "lift" the economy will, in fact, cause it to more closely resemble those of Europe?
I doubt it.
