Bielzibubz
President
One man's forecasts are another man's speculation obviously but if you call serious economic forecasts 'speculation of the worst kind' whatever that means that's up to you. Whether the pound has been overvalued previously is of no relevance to the present situation, but devaluation has proved costly to the economy already and will continue to do its damage, and public awareness of this is only slowly sinking in.
Christ! You make it sound as if the countries already on it's knees with stocks going through the floor, the £ being worthless, rampant inflation and spiralling unemployment. Last time I stuck my head out the door things weren't to bad thank you.:dim: