Don't push it mate, we haven't forgiven you for the Boston tea party and the subsequent unpleasantness yet. It was one of our major sources of revenue, you cut off; after that we had to fall back on our traditional industries of slave trading, opium trading and plundering gold from anyone we could. Our other major historical traditional occupation is of course, fighting the French, a pursuit in which we are still happily engaged; whilst also paying for their entire farming industry and giving away our right to a UK government in favour of ludicrous laws from Brussels. (which the French totally ignore) Next year many pesticides and fungicides will banned by the EU, this is expected to double or treble the price of our fruit and veg in the following years. ~Our major Supermarkets will then import cheaper fruit and veg from east European countries where there are no regulations, thus effectively circumventing the EU law and putting some of our farmers out of business.
Still on a Forex note we have the UK Pre-Budget report next week in which the Chancellor is expected to give some meagre tax cuts and do a double shuffle which ultimately means we all pay out more. This may well be followed by a further
BoE Base rate cut. I predict a rise in
cable on Monday followed by a big drop later in the week or maybe even quicker. I notice Sir Pips has not mentioned either of these in his daily signal today. Whaddaya fink?
NooB ALERT -
11-20-2008, 12:11 PM
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