kowenicki said:
headshot91 said:
kowenicki said: the simple fact is that markets dont like uncertainty... hung parliament = uncertainty.
the pound would get hammered and the markets would fall quite sharply, its a fact.
that, in the current economic situation, would be very bad. |
What? If the pound depreciated, that could be a good thing...
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a currency isnt better by being weaker... yes it can be better at lower levels... for exports for instance, but you dont want a currency collapsing.
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For the UK I agree with Kowenicki that it be better off if the pound remain relatively stronger then other nations, if it was China or Japan a weak currency is what they want.