The UK has far less forex reserve than Bangladesh

[mb444]

LOL.. Those output are pathetic which no where satisfy the demand of UK. These is not the impression which previous troll post try to give. Did you buy the believe which CIA gives that a coup happens in China and Xi is going to remove. Poor pathetic troll!

Pound going to devalue to almost the same level of USD is also a CCP propaganda. Keep on blaming everything on CCP and that will solve all UK problem. Pathetic British which has reach such state! Cry babies!

GBP value is back up after a slight temporary dip.

I am not sure why you are seeking to compare China with UK. They are not the same thing.

Yuan is not even free floating, its kind of tied to USD and controlled by CCP in a opaque fashion. No one really has any idea what its value is for goodness sake. I suspect given chinas distasterious policies vis-a-vis zero covid reflecting in sequential default of your largest developers such as Evergrande, Shimao, ect, that if Yuan was free floating it would have seen enormous devaluation.

For UK energy scenario whilst I requested you to use some initiative to educate yourself you have clearly failed and are just talking for the sake of it. So let me help you out.

https://www.ons.gov.uk/economy/nati...trendsinukimportsandexportsoffuels/2022-06-29

 

[BananaRepublicUK]

GBP value is back up after a slight temporary dip.

I am not sure why you are seeking to compare China with UK. They are not the same thing.

Yuan is not even free floating, its kind of tied to USD and controlled by CCP in a opaque fashion. No one really has any idea what its value is for goodness sake. I suspect given chinas distasterious policies vis-a-vis zero covid reflecting in sequential default of your largest developers such as Evergrande, Shimao, ect, that if Yuan was free floating it would have seen enormous devaluation.

For UK energy scenario whilst I requested you to use some initiative to educate yourself you have clearly failed and are just talking for the sake of it. So let me help you out.

https://www.ons.gov.uk/economy/nati...trendsinukimportsandexportsoffuels/2022-06-29

U.K. economy will crash big time.

U.K. is a world leader in high tech and high finance - built around the Home Counties and London.

However, rest of the country is pretty mediocre and rather poorly educated and lazy.

U.K. has been borrowing heavily to feed them to developed world standard.

It’s no longer tenable.

Either taxes have to go up massively or safety net cut massively.

Average British voter (certified idiot) wants the tax rate of USA and safety net of Germany!!

It’s all going to come crashing down next year!!!

@UKBengali
@EasyNow

 

[mb444]

U.K. economy will crash big time.

U.K. is a world leader in high tech and high finance - built around the Home Counties and London.

However, rest of the country is pretty mediocre and rather poorly educated and lazy.

U.K. has been borrowing heavily to feed them to developed world standard.

It’s no longer tenable.

Either taxes have to go up massively or safety net cut massively.

Average British voter (certified idiot) wants the tax rate of USA and safety net of Germany!!

It’s all going to come crashing down next year!!!

@UKBengali
@EasyNow

We are in a recession and some tough period ahead.

Its going to be bad but the barometer will be that of a developed strong economy.

Nothing going to come crashing down.

 

[EasyNow]

U.K. economy will crash big time.

U.K. is a world leader in high tech and high finance - built around the Home Counties and London.

However, rest of the country is pretty mediocre and rather poorly educated and lazy.

U.K. has been borrowing heavily to feed them to developed world standard.

It’s no longer tenable.

Either taxes have to go up massively or safety net cut massively.

Average British voter (certified idiot) wants the tax rate of USA and safety net of Germany!!

It’s all going to come crashing down next year!!!

@UKBengali
@EasyNow

It's the politics of appeasement. Politicians of all parties now will do anything to please the public - regardless if its a good idea.

And the public have more than ever today - but complain about everything. The quality of life today Vs 90s is day and night - but the more people get the more they expect

 

[bluesky]

Guys, read the news below to know how the rise of bank interest rates in America to press down the rate of inflation has caused consumers to spend less and put the money into their bank accounts, instead.

As the US bank interest rates have become very high, dollars from all over the world including that from the UK are pouring into American banks. And this has also caused the UK foreign exchange reserves to go down.

I do not personally think it is an issue in the UK. The UK does not have to depend upon its dollar reserves to keep its economy strong. However, the value of the Pound has fallen for now.

US consumers spurn cars, couches and cruises, results show

US consumers are exhibiting fragility ahead of the peak period for corporate results next month, as some are struggling to pay bills and others are slowing purchases of cars, sneakers, and household goods, the week's earnings show, Reuters reports. Data released on Friday showed

thefinancialexpress.com.bd

 

[Nike]

Guys, read the news below to know how the rise of bank interest rates in America to press down the rate of inflation has caused consumers to spend less and put the money into their bank accounts, instead.

As the US bank interest rates have become very high, dollars from all over the world including that from the UK are pouring into American banks. And this has also caused the UK foreign exchange reserves to go down.

I do not personally think it is an issue in the UK. The UK does not have to depend upon its dollar reserves to keep its economy strong. However, the value of the Pound has fallen for now.

US consumers spurn cars, couches and cruises, results show

US consumers are exhibiting fragility ahead of the peak period for corporate results next month, as some are struggling to pay bills and others are slowing purchases of cars, sneakers, and household goods, the week's earnings show, Reuters reports. Data released on Friday showed

thefinancialexpress.com.bd

British poundsterling itself is a global currency in which largely being used by many countries accross the world, being big four of the most widely used currency and reserved.

 

[bluesky]

British poundsterling itself is a global currency in which largely being used by many countries accross the world, being big four of the most widely used currency and reserved.

Yes, you are exactly right to say that the Pound sterling itself is an international currency used for international trading.

Now, our newspapers are guided by the information ministry. It seems the newspaper was ordered by this ministry to write something to prove that the BD economy is better than the UK economy with more volume of foreign exchanges than the UK.

It is the worst kind of stupidity the way this newspaper compares BDT with Pound Sterling. It is a case of feeling good.

 

[-=virus=-]

Next thing you know, hordes of British folk will invade BD and set up fish and chip stalls and pubs.