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There are winners and losers to having a strong currency. It isn't inherently a bad thing to make the currency less valuable.
by pretendscholar 7y ago
There are winners and losers to having a strong currency. It isn't inherently a bad thing to make the currency less valuable.
- grogenaut 7y agoWhat are the winners going to be? What industries does Britain Excel at besides finance? I am asking sincerely.
- jariel 7y agoMedical research and equipment, drugs, industrial equipment, engines particularly aeroplane, defence, branded goods etc. Departure won't ruin London as a financial capital, but it will shift the types of financing. Brexit is far, far more than just an economic issue.
- tonyedgecombe 7y agoNobody else can excel because finance dominates and makes other industries less competitive. It's like Dutch disease with money instead of oil.
- notahacker 7y agoThe winners are normally exporters, who have other reasons to be concerned...