Is the UK in Trouble?

In 2009 the pound sterling was worth 1.95 USD. Today it runs about 1.35. That is a 30% decline. During the same period the euro went from about 1.60 to 1.20 in USD. That is a 25% decline.

Given the USD is the global trading standard in spite of our QE policy and low interest rates both currencies, the pound sterling and euro, have declined in real purchasing power.

Yet the US went from a negative trade balance of almost 5 billion to a positive of 1 bullion in USDs with the UK. The US went from negative 96 billion to a negative of 146 billion with the EU.

This says the EU was able to compensate for their drop in purchasing value with increased exports. Quite the opposite for the UK, they can purchase less and yet export less. Worse they manufacturing is not keeping up to compensate with the loss in purchasing power.

With unplugged borders, no bargaining power to exit the EU, a declining purchasing power and depending on US the UK is in real trouble.

The citizens are no less confused about their government. Parliament is split up among 4 parties with the majority (talk about a misuse of the word majority) holding less than 37% based on the 2015 elections.

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Is the UK in Trouble?