alex.atlasMember
Posts: 25 · Reputation: 211
#1Aug 26, 2023, 01:16 PM
Economics and finance can be super complicated…
But let’s talk about some straightforward ways to see where the money is flowing. A lot of cash has shifted from various currencies into the UK pound, and while it’s still there, what’s next? There aren’t many currency exchanges happening between the UK and the US or Europe. It’s tough to send pounds to Europe.
And yeah, there are crypto hurdles too because major crypto exchanges like Binance love working with Europe but turn away from the US.
Of course, the UK government and banks can’t just say it out loud that no one wants their currency or to do business with them… so what’s next? Simple. The UK might resort to war to mask the fact that it’s not really needed on the global stage. War with Russia is kinda interesting since many BRICS nations and Putin's inner circle own real estate in London. It’s unlikely Russia would target these areas, probably just the poorer suburbs in Britain where the luxury properties aren't.
War is a way to obscure how the economy really functions. It tends to pump up the most worthless currency until it blows up. Once the UK is 90% wrecked, that’s when foreign investors might start trickling back in when things are cheap again.
The major issue for the UK is that its currency isn't really in demand. Europe’s in a much stronger position. Plus, there’s zero crypto adoption in the UK, and banks aren’t working with crypto, leaving the UK out of liquidity. To completely crash the UK, I’d guess that’s a job for Putin.