It seems The New York Times has decided to continue its bizarre crusade against Britain, which culminated in last year’s outlandish claim that the nation lives on a diet of mutton and oatmeal (although, given current reports that the government is considering buying up Welsh lamb in the event of a no-deal exit, this strange claim could turn out to have been an unwitting prediction).
The latest pronouncement comes from the NYT’s European economics correspondent Peter S. Goodman. He writes:
‘The British pound has long possessed a mystique that transcends its marginal role in the global economy, conjuring memories of its dominance in the imperial age. But lately the currency has devolved into a sign of Britain’s diminishing fortunes in a present dominated by Brexit.’