Namaste, iam David Brinkhaus, Take it easy.
Whoa, did you hear the news? The pound just crashed! It’s been a wild ride for sure. I mean, one minute it was up and the next it was down. Talk about a roller coaster! It’s no surprise that people are freaking out - nobody saw this coming. But hey, that’s life - stuff happens. We’ll just have to wait and see what comes next.
What Happens If The Pound Crashes? [Solved]
Well, the Bank of England’s in a pickle - the falling pound is causing inflation to skyrocket. Energy costs are sky-high and they’re paid for in dollars, so when the pound drops, interest rates have to go up. Yikes!
Oh man, when the pound crashes it’s a real bummer. It can really throw a wrench in your plans. I mean, it’s like the bottom just drops out of things. You know what I’m saying? It’s not something you want to happen, that’s for sure.
