|Quoting Ag92 (Reply 6):|
To be honest I really don't care about the US economy because it has no effect on me and plus I don't know how this works, except things from America are getting cheaper for people here in Singapore!
|Quoting Baroque (Reply 9):|
To put a bit of perspective into the matter, the devaluation of the pound stg from $4.03 = 1 pound on 19 September 1949 to $2.80 = 1 pound (-30.5%) did not exactly turn the UK economy around.
|Quoting L-188 (Reply 10):|
They never really recovered until Thatcher.