i only mentioned exports because such a significant point has been made of them for so long. are we supposed to be encouraging imports now? lots of financials hit lows, but most have plumped levels around this in the past year. my whole point is about avoiding the one sided "its all doom"...
project short termism it appears. the pound has fallen a fair bit, though not as much as some said, there is an up side there for export, we'll see how that works out. but the FTSE drop is within the year's trading range. negative credit rating is near meaningless when our Gilts are yeilding...