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Stock Investing > Mishs Global Economic Trend Analysis

Pound Sinks As Britain Teeters On Edge Of Bankruptcy

Mike Shedlock | Thu, 01/22/2009 - 8:05am | Bankruptcy, financial crisis, God Save the Queen, It's Over, The Pound, The Queen |  Add a comment

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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 T
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