Sterling was somewhere around DKK 11-12 over the last six years; but noticed it was 9.8 the other day.
US and UK are both deeply mired in two very costly wars, of course. The UK is also spending s**t-loads on PFI, the costs of which are high now; but'll be extortionate in 10-15 years time. Although since it's large companies that are making all the money out of that, the markets don't care yet.
Posted By: BerlinCanary, Mar 26, 11:08:14
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