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Old 27.11.2017, 10:56
Urs Max Urs Max is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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The commonly held belief that when Sterling depreciates, we export more is simply no longer true.
It never was. By and large, a currency's strength or lack thereof is the result of the underlying economic strength.

FMF your claim makes no sense. If the weak were a good thing it would show already, however the rolling 12month trade balance dropped (the deficit increased) by about 40% after the vote.
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