posted on Jul, 7 2009 @ 12:42 AM
This recession is killing me.
I am wondering if any Brits, could tell me how they see they Pound doing in the next couple of years.
Is there a possibility that they will switch to Euros?
Is there any hope of it bouncing back to the powerful currency that it once used to be?
When I first started working for my company.... 3 + yrs ago...
1 GBP was equal to 2.30 CDN..
now.. 1 GBP is around 1.85 CDN.
That's a hefty paycut.
It was even lower at one point but as you can see... thats quite a decrease vs. the CDN dollar.
If the pound keeps on losing its value, I'll be looking for another job, and will have to work 7 days a week to make ends meet.
How bad is this going to get?
Will we ever see 1 GBP = 1.50 Euros any time soon?