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TheEvertw
A Different Bias
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Comments by "TheEvertw" (@TheEvertw) on "" video.
I have heard some people say that the UK's struggles with the EU were because UK leadership is not used to diplomacy or compromise. In the "winner takes it all" system that is not necessary: the PM states his/her will and it is done. But in a real democracy, that does not work.
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At the moment the Pound is keeping its value at between 1.1 and 1.2 euro per pound. That is because the BoE is doing its worst to keep the pound high, and the ECB is doing its best to keep the Euro low. We will see that value of the pound drop as the impact of Brexit comes home.
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@johncoffey1483 Most certainly: the Brexit referendum caused an immediate drop from 1.3 euro per pound to the current level.
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With the trade balance this bad, I dare not think about what the balance will be for Services... For trade, there was a deal in place to reduce problems...
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