Discussion in 'News - Discussion' started by CSBC, Jul 8, 2016.
Going to be just like the last time, when the sub-prime housing market trashed everything.
Most manufacturers are just getting back into their stride, retailers are starting to breathe a little easier.. and now this.
I remember when I got the D700, and then a couple of months later it had increased by a couple of hundred pounds. That put paid to me buying more lenses etc.
I wonder how many retailers are going to go under this time round?
It's only a temporary blip due to the "panic" that has caused the exchange rate for Sterling to take a pummelling.
Mind you, Sterling has been a pretty poor performer for some years..... in the 1970's, almost 2 1/2 USD to the pound. 2006 I got nearly 2 to the pound for my first trip to the USA. 3 years ago I got under 1.60 and in April this year I got under 1.40 and it's gone down further since then. But why? No real ryme or reeason to the games that foreign exchange traders play
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