A major French bank nearly failed and the Yanks had to ride to the rescue, sending the DJ soaring. You couldn’t make it up, could you?
My little heart was beating faster this morning and I momentarily forgot about picking my oranges. The Euro is bound to fail and even mighty Germany can’t borrow money. The pound Sterling is bound to be a safe haven, isn’t it?
It was still dark when I gingerly went into my favourite exchange site. I couldn’t believe it, the pound is falling!
I went into another site in case the nasty Chinese had hacked this one. That also showed the pound falling. Perhaps a cyber war has broken out and all the financial sites have been hacked.
Now that would make sense to me, of course the Yanks haven’t saved the French, they wouldn’t, look what they did to that poor DSK, they stuck him in an orange jump suit and sent him to Rikers Island.
Let’s hope Symantec can sort out these hackers soon and we can start to hear the truth again.
The pound as has been trading at between 1.10 and 1.20 to the euro for over 3 years now, and between 1.12 and 1.17 for the last 6 months. At the time of writing this it still contionues to do so.