Thursday, October 27, 2016

Jim Rogers: Sterling is in serious decline

Investor Jim Rogers says there are "serious problems facing the UK" and that the pound's value will "certainly go under one dollar" if Scotland leaves the UK.

He told the BBC's Mark Mardell, "You've got a lot of debt, you've got a serious balance of trade problem which shows no signs of being corrected. I don't see anything to make sterling go up."

- Source, BBC