I was shocked to see how far the good old British £ has fallen against the $ in exchange rate.

It’s 15% to 20% worse than where it’s sat in recent times so prepare yourselves for another sharp rise in imported goods in the coming months.

Hard to believe nowadays but when I started importing goods in the 1997 to early 2000’s era I was getting almost $2 to every £ and yet they now believe there will be parity between the two currencies in the coming months!

The last time this happened was in 1992 when John Major pushed Chancellor Norman Lamont out in front of the cameras to tell us all we were just about f u c k e d on Black Wednesday.

I have never seen such a dire set of world financial stresses in my almost 61 years.

To be honest, it’s impossible for ANY political leader or party to navigate this without some severe pain for their populous.

In the short term, a holiday to the USA is going to feel mighty expensive compared to normal.