Quote:
Originally Posted by heero_yuy
Guaranteed the UK will be shafted by the EU.
|
Yes, indirectly.
QE is being done to weaken the Euro in an attempt to reduce imports and increase exports. Alongside this they are trying to export their deflation to those whose goods they import.
Guess which currency area the UK's single largest export market is?
This is the second shot in a new currency war. The first shot was fired by the Swiss when they knew what was coming.