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UK Pound Crashing - Joe Blogs
In this video I discuss the ongoing currency crisis in the UK. UK Bond prices are falling as a result of a massive SELL OFF of bonds and concerns over the UK Economy. The value of the British Pound is now starting to crash and this is very bad news as the UK is a NET IMPORTER. in this video I look at why the pound is falling, the level of OPTIONS that have been taken out betting on further falls in the value and what this means for the UK Economy.
Chapters:
0:00 Intro
1:13 DEBT
2:45 DEBT COSTS
3:14 POUND
4:41 GDP
5:35 SUMMARY & CONCLUSION