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Old 27.11.2017, 11:03
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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That happened when the pound fell after the subprime meltdown.

There were reports at the time that exporters were choosing to take profits instead of reducing prices. Their choice at the end of the day.
If the claim held any truth at all (with a not-so-short-term perspective) Italy would have dominated world trade 1950-2000, while it still had the Lira. Same for Zimbabwe and Venezuela in more recent years.
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