Tosny Times - 7 - Collapse of a Currency

🐋 Welcome

🐨 Here are the things that I have done or discovered this week

3 Pieces of News 📰

1. The UK government decided the economy wasn't bad enough and made more bad decisions, contradicting economists and even the Bank of England 💷 had to take steps against their actions. The government's decisions caused the pound to collapse against the dollar in the short term and even nearly caused a run on pensions 😭

2. Russia chose to annex parts of Ukraine after "definitely fair and not corrupt or under duress voting" took place 🔫

3. Protests in Iran 🇮🇷 broke out after Mahsa Amini was killed in police custody for not wearing her hijab correctly. The people of Iran clearly have their limits.

What did I do? 🐶

1. I published an article on Medium on the most impactful or important books 📚 that I have ever read HERE

2. I published an article on Medium about some "Black Sheep" apps 🐑 that are overlooked more than they should be HERE

3. I then published on Medium on some things I had to build up the courage to spend money 💰 on and nearly regretted 😬 HERE

What did I discover? 💡

1. That my patience with my iPhone 12 Pro Max has expired. It is just too big and I have been putting up with it for 2 years. iPhone 14 Pro, here we come 📱

2. That the National Trust owns and rents out holiday accommodation including some beautifully isolated cottages 🏡 in Wales HERE

3. That our Corgi 🐶🐾 is a really fast learner. Thank goodness we reserved him before the death of the queen MORE

Property Focus - GBP/USD Comparison🏡

Due to the ridiculous changes in the GBP/USD I want to show you what that looks like.

5 bedroom, detached, Victorian villa outside of Bath 🛁, Somerset, UK. Done to an incredibly high standard outside of a beautiful city. As a result, it is a huge £2,500,000. If you had converted your $ to £ yesterday to buy this it would have cost around $2,675,000.

If you had done the same in October of last year it would have cost around $3,450,000. A huge $775,000 difference. That is what has happened to the £ over the past 12 months with much of it in the last few weeks.

For comparison in Boulder 🪨, CO we have a huge house with a beautiful view for the same amount once exchanged for USD. Which would you prefer?