tbh considering how much the ECB leaders have been talking about rate cutting and more QE ... and the BoE have been talking about slowing QE and possible rate hikes... Im surprised its not much worse against the £

right.. gonna go cook my steak... 450g "daddy rump steak" its called...gonna be sweeeet

I should probably cook it with onions right?

or peppers? hmmmm

Why did the euro fail?

Nobody can know for sure, speculation is that improved chances of a brexit deal following the meeting of Irish and British PM's, GB

Some say that it was orchistrated and pre planned

Unlikely

To financially destroy europe

What, Brexit?

Because we contribute a lot financially to the EU, was that £350 million transfer a myth perpetrated by Boris Johnson?

No

Brexit wasn't orchestrated to destroy the EU

I thought it was just propoganda

Well it has had that effect

The 350m a week? No, it's true

It's a net figure, so we do get some money back, but it's true

Look at Paris, Italy and hungary, we are rising

You could consider it worse than that, if anything, because the EU keeps nearly all of the income from import tariffs

Yes what I mean by theft

Yeah the £350 wasn't false. Maybe a little confusing as it isn't a simple we give them £350m in bulk

Yes its complicated

It comes from many different areas of our economy

I'm extremely sceptical about all of that going to the NHS however. Regardless of the overall amount we do give a net amount to them which we'll get back

In the billions or trillions lost

We cant just keep printing money as it could lose its monitary value

Indeed

Not could, will and does. Inflation is a constant

Inflation meaning loss in value?

Sorry if I sound stupid, im only 18 and just want to get my political bearings.

Well inflation in America has been increasing by a constant 3% every year

You are in incomprehensible debt its like 25 trillion I think

Im British too ya know

Yes

Ok good

As of Q1 (the first quarter of) 2018, UK debt amounted to £1.78 trillion

Yea, your not going to pay that back

i think we should've started more wars.

Get that debt higher lmao

86% of UK GDP

Thats how it happens the colateral damage it causes and how much they need to pay back